POLITICS
29 provisions in Oli-ordinance. Retirement age pushed from 58 to 60
29 provisions in Oli-ordinance. Retirement age pushed from 5...
Similarly, the mandatory retirement age of government employees has been increased from 58 to 60 years. Besides, legal barriers to seizing criminal assets have been removed by the government. The procedural difficulties in seizing criminal assets and tools used in crimes have been scrubbed out.
Jan 16, 2025
POLITICS
Three non-resident ambassadors appointed
Three non-resident ambassadors appointed
President Ramchandra Paudel has appointed non-resident ambassadors for three countries on Wednesday. He has appointed Nepal's resident ambassador to Canada, Bharatraj Paudyal, as the non-resident ambassador to Cuba.
Jan 16, 2025
Editorial
Expediting Capital Expenditure
Expediting Capital Expenditure
Public capital expenditure, crucial for economic growth, is consistently underutilized in Nepal. Despite repeated pledges to increase capital expenditure by the government, this year is set to be no different than previous years in terms of meeting capital expenditure targets.
Jan 16, 2025
BLOG
Gen Z's Materialistic Obsessions
Gen Z's Materialistic Obsessions
Driven by Instagram trends and Tik-Tok fame, Nepal’s youth are trapped in the cycle of consumerism, neglecting the nation’s needs for innovation and progress
Jan 16, 2025
POLITICS
NC leader Koriala meets Conservative Party leader Cleverly
NC leader Koriala meets Conservative Party leader Cleverly
Nepali Congress leader Dr Shekhar Koirala met with James Cleverly, the leader of the Conservative Party and former British Foreign Secretary, at the House of Commons during his visit to the United Kingdom.
Jan 16, 2025
OPINION
The Merchants of Poverty in Nepal
The Merchants of Poverty in Nepal
Nepal’s democracy emerged from a long and arduous struggle for freedom and rights, culminating in the restoration of multiparty politics. Yet, over the years, the country has faced growing challenges in its democratic journey.
Jan 16, 2025
ECONOMY
Distributable profits of commercial banks plummet
Distributable profits of commercial banks plummet
Banks and financial institutions (BFIs) are starting to feel the heat of a prolonged economic slowdown with the distributable profits of commercial banks plummeting to Rs 17.75 billion cumulatively, leading to a heavy decline in their offerings in dividends.
Jan 16, 2025
WORLD
Mediators make final push for Gaza truce deal
Mediators make final push for Gaza truce deal
Mediators were making a final push Wednesday to seal a Gaza truce and hostage release deal, after a Qatari official involved in the talks expressed hope an agreement could be reached "very soon".
Jan 16, 2025
POLITICS
NC leader Koirala and then UNMIN Chief Ian Martin hold meeting
NC leader Koirala and then UNMIN Chief Ian Martin hold meeti...
Nepali Congress leader Dr Shekhar Koirala and Ian Martin, the then chief of the United Nations Mission in Nepal (UNMIN), held a meeting in the UK on Wednesday. The UNMIN played a significant role in Nepal’s peace process.
Jan 16, 2025
SOCIETY
Court releases Rabi Lamichhane on Rs 6 million bail in Swarnalaxmi Cooperative fraud case
Court releases Rabi Lamichhane on Rs 6 million bail in Swarn...
The Kathmandu District Court on Wednesday ordered the release of Rastriya Swatantra Party (RSP) Chairman Rabi Lamichhane on a bail of Rs 6 million in connection with the Kalimati-based Swarnalaxmi Cooperative fraud case.
Jan 16, 2025