Market
Investors earn Rs 70 billion as NEPSE rises 42.04 points in a week
Investors earn Rs 70 billion as NEPSE rises 42.04 points in...
KATHMANDU, Feb 8: Nepal Stock Exchange (NEPSE) last week jumped 42.04 points after investors rushed to purchase shares of microfinance companies on expectation of getting good returns from the segment.
Feb 08, 2025
WORLD
US judge blocks Musk's cost-cutting team from Treasury data
US judge blocks Musk's cost-cutting team from Treasury data
US District Judge Paul A. Engelmayer's order restricts giving access to Treasury Department payment systems and other data to "all political appointees, special government employees, and government employees detailed from an agency outside the Treasury Department."
Feb 08, 2025
WORLD
More than 30 missing after landslide hits southwest China
More than 30 missing after landslide hits southwest China
"Ten houses had been buried and more than 30 people were missing," CCTV said.
Feb 08, 2025
ECONOMY
Govt greenlights new stock exchange, overlooking NEPSE restructuring plan
Govt greenlights new stock exchange, overlooking NEPSE restr...
The government owns 58.66 percent stake in the NEPSE. According to NEPSE, it has assets worth Rs 14 billion while its paid up capital is Rs 1 billion. Apart from the MoF, Laxmi Sunrise Bank, Prabhu Bank, Rastriya Banijya Bank, Employee Provident Fund and Nepal Rastra Bank are among its stakeholders.
Feb 08, 2025
ECONOMY
US dollar hits record high of Rs 141: What’s driving the surge?
US dollar hits record high of Rs 141: What’s driving the sur...
The surge in the US dollar is a double-edged sword for Nepal. While remittances and exports could benefit, the rising cost of imports and inflation could put significant pressure on local households. As Nepal navigates these challenges, the government will need to carefully manage its fiscal policie...
Feb 08, 2025
SPORTS
Sports Minister blames Finance Ministry for delays in 10th National Sports Competition
Sports Minister blames Finance Ministry for delays in 10th N...
Minister for Youth and Sports Teju Lal Chaudhary blamed the Finance Ministry for delaying the approval of guidelines and financial procedures, which has stalled the process of organizing the 10th National Sports Competition.
Feb 08, 2025
WORLD
Arvind Kejriwal accepts "people's mandate", says AAP will play "constructive role in oppos...
Arvind Kejriwal accepts "people's mandate", says AAP will pl...
The Aam Aadmi Party (AAP) national convenor Arvind Kejriwal on Saturday (February 8, 2025) conceded his party's defeat in the high-stakes Delhi Assembly elections.
Feb 08, 2025
WORLD
Hamas hands over three Israeli hostages in fifth Gaza exchange
Hamas hands over three Israeli hostages in fifth Gaza exchan...
The swap comes after US President Donald Trump proposed clearing out the Gaza Strip of its inhabitants and for the United States to take over the Palestinian territory -- a plan that has sparked global uproar and been rejected by Hamas.
Feb 08, 2025
WORLD
Trump revokes Biden's security clearance, escalates foreign aid crackdown
Trump revokes Biden's security clearance, escalates foreign...
"There is no need for Joe Biden to continue receiving access to classified information," Trump said on his Truth Social network, adding that he was "immediately" revoking the Democrat's security clearances and ending his daily intelligence briefings.
Feb 08, 2025
POLITICS
UML leader Basnet draws parallels between Kejriwal’s defeat and Nepal’s 'populist politics...
UML leader Basnet draws parallels between Kejriwal’s defeat...
As the Aam Aadmi Party (AAP) faced a significant setback in the Delhi Assembly election, CPN-UML leader Mahesh Basnet took to social media to share his take on the outcome—drawing a striking comparison to Nepal’s emerging populist leaders.
Feb 08, 2025