Market
Value of US dollar rises again
Value of US dollar rises again
Nepal Rastra Bank (NRB) has set the foreign exchange rates for today. According to the central bank, the buying rate for 1 US dollar is Rs 139.20, while the selling rate is Rs 139.80. Compared to the previous day, the value of the US dollar has increased again.
Feb 04, 2025
SOCIETY
Forest fire in Timang continues to rage, 1.5 hectares destroyed
Forest fire in Timang continues to rage, 1.5 hectares destro...
The wildfire that started on Friday evening in the Timang forest of Chame Rural Municipality-1, Manang, is yet to be brought under control. According to the District Administration Office, efforts to contain the fire have been ongoing since Friday but it continues to rage as of Monday.
Feb 04, 2025
OPINION
Avoiding Nepal’s FATF Grey-listing
Avoiding Nepal’s FATF Grey-listing
The critical inquiry, consequently, is whether Nepal has effectively employed this one-year timeframe or simply depended on superficial bureaucratic maneuverings and diplomatic strategies to delay its grey-listing. The answer is stark. Nepal has unequivocally failed to execute the structural, financ...
Feb 04, 2025
Editorial
Early Passage of CAAN, ASAN Bills
Early Passage of CAAN, ASAN Bills
The Tourism and Civil Aviation Minister tabled the two bills in the House of Representatives on Sunday. The two largest parties – defying established parliamentary norms – are in power, and they have a near two-thirds majority in Parliament.
Feb 04, 2025
SOCIETY
SC upholds 10-year sentence for four men involved in gang rape
SC upholds 10-year sentence for four men involved in gang ra...
The incident occurred on May 12, 2018. The unsuspecting woman was walking on a secluded path in the forest of Swayambhu, Kathmandu when she was gang-raped by the four men who were later identified as Raju Pariyar, Ban Bahadur Sunuwar, Urgen Tamang and Surendra Nagarkoti.
Feb 04, 2025
Market
Lumbini Ceramics announces IPO for Laminar Tiles
Lumbini Ceramics announces IPO for Laminar Tiles
Lumbini Ceramics Limited, the manufacturer of Laminar Tiles, has announced plans to issue an Initial Public Offering (IPO) to the general public within the next six months. The company will launch the IPO after receiving regulatory approvals in line with securities registration and issuance guidelin...
Feb 04, 2025
ECONOMY
Power regulatory body to allow private developers to set wheeling charges for electricity...
Power regulatory body to allow private developers to set whe...
In a first-of-its kind initiative to involve the private sector in distribution of electricity supply, the government has forwarded the process to allow private hydropower developers to fix the wheeling charge by themselves.
Feb 04, 2025
ECONOMY
Nepal’s trade deficit reaches Rs 723B in six months
Nepal’s trade deficit reaches Rs 723B in six months
The total merchandise trade deficit has increased by 4.4 percent in the first six months of the current fiscal year, according to the data released by Nepal Rastra Bank (NRB) on Sunday.
Feb 04, 2025
SOCIETY, Republica Watch
Cross-border online crime rackets on rise, police struggle to cope
Cross-border online crime rackets on rise, police struggle t...
The rise in cases of cross-border online crime has left Nepal Police scratching their heads as the question still floats in the air: Do the police have the capacity to nab such criminals if they are operating from rented real estate in districts out of the valley?
Feb 04, 2025
POLITICS
Former VP Pun returns to active politics as ex-Prez Bhandari eyes UML leadership
Former VP Pun returns to active politics as ex-Prez Bhandari...
Former Vice President Nanda Bahadur Pun has officially re-entered active party politics, with the CPN (Maoist Center) assigning him a defined role within the party.
Feb 04, 2025