ECONOMY
NEA takes steps to be majority shareholder in Budhi Gandaki hydropower project
NEA takes steps to be majority shareholder in Budhi Gandaki...
KATHMANDU, April 5: Nepal Electricity Authority (NEA), the state-owned body responsible for producing and distributing electricity, has taken steps to own majority shares of the Budhi Gandaki hydropower project.
Apr 05, 2023
OPINION
Nepal, sans Division of Labor!
Nepal, sans Division of Labor!
1723 AD. In a buzzing fish market of Kirkcaldy, Scotland, a posthumous child was born and baptized as “Adam Smith”. In the same year, in a royal durbar on a hill of Gorkha, Nepal, the birth of a prince, Prithvi Narayan Shah, was being celebrated. This anecdote fascinates me more, when I remember two...
Apr 05, 2023
ECONOMY
Use of cryptocurrency incurs high level of financial risks: NRB report
Use of cryptocurrency incurs high level of financial risks:...
KATHMANDU, April 5: Nepal Rastra Bank (NRB) has termed the use of cryptocurrency ‘financially risky’ and continues its ban over the use of the virtual financial instrument.
Apr 05, 2023
WORLD
Trump charged with hush-money scheme to boost 2016 election chances
Trump charged with hush-money scheme to boost 2016 election...
NEW YORK, April 5: Former President Donald Trump was charged on Tuesday with 34 felony counts of falsifying business records in a historic case over allegations he orchestrated hush-money payments to two women before the 2016 U.S. election to suppress publication of their sexual encounters with him.
Apr 05, 2023
ECONOMY
ADB and WB project Nepal’s economic growth to slow down to 4.1 percent in 2023
ADB and WB project Nepal’s economic growth to slow down to 4...
KATHMANDU, April 5: The Asian Development Bank (ADB) has estimated Nepali economy to grow by 4.1 percent in the current fiscal year, lower than earlier estimation of 5.8 percent.
Apr 05, 2023
WORLD
One dead, 30 injured in train crash in Netherlands
One dead, 30 injured in train crash in Netherlands
THE HAGUE, April 5: At least one person was killed and 30 were injured after a passenger train derailed on Tuesday morning in the western Dutch province of South Holland, following a collision with a construction crane.
Apr 05, 2023
Editorial
The Bold Message from Birgunj
The Bold Message from Birgunj
Birgunj Metropolitan City (BMC) held a very important symbolic protest on Tuesday. BMC officials dumped the city’s garbage on the premises of the regional office of Nepal Telecom (NT) for the authorities’ failure to repair roads and footpaths dug up by NT to lay underground optical fiber in the metr...
Apr 05, 2023
ECONOMY
NRB instructs BFIs and payment service providers to run help desk even during night time
NRB instructs BFIs and payment service providers to run help...
KATHMANDU, April 4: Nepal Rastra Bank (NRB) has asked the banks and financial institutions (BFIs) to run 24-hour helpdesk to take grievances of the card users.
Apr 04, 2023
SOCIETY
New COVID-19 variant XBB.1.16 spreading in Nepal; Health officials urge one and all to rem...
New COVID-19 variant XBB.1.16 spreading in Nepal; Health off...
KATHMANDU, April 4: Nepal has confirmed the emergence of a new variant of coronavirus, Omicron-XBB.1.16, for the first time.
Apr 04, 2023
POLITICS
Hearing against Lamichhane to be held on Wednesday
Hearing against Lamichhane to be held on Wednesday
KATHMANDU, April 4: Hearing on the writ petition against Rabi Lamichhane, chairman of Rastriya Swatantra Party (RSP), will be held at the Supreme Court on Wednesday.
Apr 04, 2023