ECONOMY
Tax hikes contradict govt’s plan to increase domestic power consumption
Tax hikes contradict govt’s plan to increase domestic power...
The government has been reiterating its commitment time and again to facilitate domestic electric consumption to prevent wastage of the produced electricity.
May 31, 2026
WORLD
Pentagon chief says US seeks 'stable equilibrium' with China in Asia
Pentagon chief says US seeks 'stable equilibrium' with China...
Pentagon chief Pete Hegseth struck a measured tone towards China at a major defence forum on Saturday, noting "rightful alarm" over Beijing's military build-up but saying Washington sought a "stable equilibrium" in Asia.
May 30, 2026
ECONOMY
UNP Chairperson Ghising criticizes govt’s decision to slap 5 pc VAT on electricity consump...
UNP Chairperson Ghising criticizes govt’s decision to slap 5...
Chairman of Ujyalo Nepal Party Kulman Ghising urged the government to immediately revoke its decision to slap 5 percent value added tax (VAT) on the consumption of electricity by the general public.
May 30, 2026
ECONOMY
Nepal opens housing, stock market access to foreign investors and NRNs
Nepal opens housing, stock market access to foreign investor...
Presenting the budget for the upcoming fiscal year, Finance Minister Dr. Swarnim Wagle said the reforms are designed to streamline processes from investment approval to profit repatriation, while reducing regulatory bottlenecks that have long discouraged investors.
May 30, 2026
WORLD
US consulate contractor accused of exploiting Indian workers in Italy
US consulate contractor accused of exploiting Indian workers...
Italian prosecutors have accused a contractor building a new US consulate in Milan of paying Indian workers well below the national poverty line for 60 hours of "harsh" work weekly.
May 30, 2026
ECONOMY
Market price of EVs to rise significantly with govt’s new rule of taxation
Market price of EVs to rise significantly with govt’s new ru...
The market price of electric vehicles (EVs) will rise by up to Rs 4 million, after the government changed the basis of taxation on the items via the announcement of budget for the next Fiscal Year (FY).
May 30, 2026
WORLD
US warns capable of resuming war with Iran as deal remains elusive
US warns capable of resuming war with Iran as deal remains e...
The United States warned on Saturday it was "more than capable" of resuming war with Iran after President Donald Trump said any peace deal must adhere to his red lines, including Tehran never being able to develop nuclear weapons.
May 30, 2026
ECONOMY
61 percent of Kathmandu-based cooperatives not following good governance practice
61 percent of Kathmandu-based cooperatives not following goo...
Only 726 of over 1,500 registered cooperatives in the Capital have been found abiding with the good governance practices as they are in regular contact and submitting their annual reports regularly.
May 30, 2026
WORLD
Myanmar president arrives in India to strengthen ties
Myanmar president arrives in India to strengthen ties
Myanmar President Min Aung Hlaing arrived in neighbouring India on Saturday, in his first trip abroad since becoming civilian leader, for talks with Prime Minister Narendra Modi.
May 30, 2026
ECONOMY
Gold price declines Rs 3,100 in a week, new price sets at Rs 290,600 per tola
Gold price declines Rs 3,100 in a week, new price sets at Rs...
The price of gold in the domestic market dropped Rs 3,100 per tola (11.6638 grams) amid continuing geopolitical tension in the Middle East and the depletion in the value of Nepali rupees against the US dollar.
May 30, 2026