POLITICS
Minister Sharma calls for prioritizing development issues over political agenda
Minister Sharma calls for prioritizing development issues ov...
KATHMANDU, Dec 18: Minister for Communications and Information Technology, Rekha Sharma, has said that the nation is still entangled in political matters despite the pressing need to focus on the agenda of development and prosperity.
Dec 18, 2023
Editorial
Seize the momentum of surging foreign investments in Nepal
Seize the momentum of surging foreign investments in Nepal
In a welcome turn of events, Nepal is experiencing a resurgence in foreign investment commitments, signaling a promising economic shift after a period of decline attributed to the global financial crisis.
Dec 18, 2023
ECONOMY
Foreign investors repatriate Rs 11 billion in dividends and royalties from Nepal
Foreign investors repatriate Rs 11 billion in dividends and...
KATHMANDU, Dec 17: Foreign investors have repatriated approximately Rs 11 billion in dividends and royalties from Nepal in the first five months of the current fiscal year (mid-July to mid-December). According to data released by the Department of Industry (DoI) on Sunday, foreign investors withdrew...
Dec 17, 2023
POLITICS
Speaker Ghimire calls for prompt restoration of water supply from Melamchi
Speaker Ghimire calls for prompt restoration of water supply...
SINDHUPALCHOK, Dec 17: Speaker Devraj Ghimire has called for restoring the supply of water from Melamchi to Kathmandu at the earliest possible.
Dec 17, 2023
SOCIETY
Police investigation finds 246 out of 1500 visit visas fake
Police investigation finds 246 out of 1500 visit visas fake
KATHMANDU, Dec 17: The travel documents of 246 out of more than 1500 youths going abroad on visit visa were found fake, the Kathmandu Valley Crime Investigation Office said.
Dec 17, 2023
ECONOMY
Rising domestic demand spurs Nepal to halt electricity exports amid dropping temperatures
Rising domestic demand spurs Nepal to halt electricity expor...
KATHMANDU, Dec 17: With the onset of the dry season i.e. winter, there has been an increase in the demand for electricity in Nepal. The Nepal Electricity Authority (NEA) said that the demand for electricity in Nepal has also increased with the increase in the use of AC, heaters and other devices by...
Dec 17, 2023
ECONOMY
Foreign investment commitment to Nepal surges with a 42% increase in one month
Foreign investment commitment to Nepal surges with a 42% inc...
KATHMANDU, Dec 17: Foreign investment commitment to Nepal has begun to rise after a period of decline, which was attributed to the global financial crisis. In the past month alone, foreign investment in Nepal's industries has surged by 41.83 percent, signaling a positive turnaround.
Dec 17, 2023
ECONOMY
Real estate business marginally increases, Govt raises Rs 3 billion in revenue in Mangsir
Real estate business marginally increases, Govt raises Rs 3...
KATHMANDU, Dec 17: Real estate transactions have seen a marginal increase and the government has generated Rs 3 billion in revenue in the month of Mangsir (mid-November to mid-December) compared to last year. Compared to the previous year, both real estate transactions and revenue have increased.
Dec 17, 2023
ECONOMY
Remittance outflows from Nepal surge by 46 percent to Rs 3.16 billion
Remittance outflows from Nepal surge by 46 percent to Rs 3.1...
KATHMANDU, Dec 17: Amid an impressive growth in remittance inflows, the outflow under the same heading is found to have increased by 46 percent in the first four months of the current fiscal year.
Dec 17, 2023
SOCIETY
Renovation of Swoyambhunath Stupa completed
Renovation of Swoyambhunath Stupa completed
KATHMANDU, Dec 17: The renovation of Swoyambhunath Stupa, a world heritage site, has been completed. The structure was renovated after its pinnacle fell down. According to the locals, a storm damaged the pinnacle which was already rickety after monkeys shook it.
Dec 17, 2023