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KATHMANDU: In line with a 10-point reform plan launched by the Ministry of Information and Communications, Nepal Telecom has introduced an online service for acquisition of SIM cards for the lost or damaged ones. Spokesperson at Nepal Telecom, Kamal Lamichhane, informed that this scheme was launched to expand digital services, convenience service delivery and develop […]
KATHMANDU: Nepal Rastra Bank (NRB) Governor Bishwanath Paudel has made it clear that there was no problem in functioning of NRB with the induction of finance secretary to the NRB board of directors. At a preliminary discussion organized by the Finance Committee of the House of Representatives on a Bill designed to amend NRB Act, […]
KATHMANDU: Stay updated with Nepal News’ evening briefing, bringing you the day’s most important developments from Nepal and across the globe. From politics and economy to sports, entertainment, and culture, we deliver a concise roundup of the top news you need to know. Government, Loan Shark Victims Sign 9-Point Deal, Protests Suspended The nationwide protest […]
KATHMANDU: The Special Court has ordered the release of CPN (UML) Vice Chair and former Finance Minister Bishnu Paudel on a general date (non-custodial status) following a detention hearing in a money laundering case. The court, which had previously extended Paudel’s custody five times for investigation, issued the release order following the conclusion of the […]
KATHMANDU: Nepal News presents today’s snapshot of Nepal’s economic activities. Get quick updates on major market movements, policy shifts, and financial developments shaping the economy of Nepal. Here are the key economic highlights for today: NRB Collects Rs 50 Billion Via Deposit Collection Instrument Nepal Rastra Bank (NRB) absorbed Rs 50 billion from the banking […]
KATHMANDU: The intensive nine-day protest against predatory loan sharking has officially been suspended following a landmark nine-point agreement signed between the victims’ representatives and the government. The breakthrough came after a grueling “March for Justice,” which commenced in Janakpur and moved through Bara before culminating in high-level negotiations in Kathmandu. Under the facilitation of the […]
KATHMANDU: The intensive nine-day protest against predatory loan sharking has officially been suspended following a landmark nine-point agreement signed between the victims’ representatives and the government. The breakthrough came after a grueling “March for Justice,” which commenced in Janakpur and moved through Bara before culminating in high-level negotiations in Kathmandu. Under the facilitation of the […]
KATHMANDU: The intensive nine-day protest against predatory loan sharking has officially been suspended following a landmark nine-point agreement signed between the victims’ representatives and the government. The breakthrough came after a grueling “March for Justice,” which commenced in Janakpur and moved through Bara before culminating in high-level negotiations in Kathmandu. Under the facilitation of the […]
KATHMANDU: Different places in the federal capital city of Kathmandu including Anamnagar, New Baneshwor, Jamal, Raniban and Singha Durbar get waterlogged even during light rainfall. Road traffic was badly affected on Thursday afternoon after these areas were waterlogged following the afternoon downpour. Passengers had to face trouble due to traffic obstruction for long. Though such […]
KATHMANDU: The Confederation of Nepalese Teachers (CNT) has expressed its protest to certain words used in the promotional song of the Nepali film ‘Masterni’. The movie will be on show in theatres from August 21. The federation has urged to correct the lyrics, claiming the words used in the song are disrespectful towards teachers. Issuing […]
KATHMANDU: Prime Minister Balendra Shah (Balen) on Friday pledged policy and institutional support to strengthen the domestic footwear industry, saying the government will promote import substitution, expand exports, and create jobs through the sector. During a meeting with office bearers and members of the Footwear Manufacturers Association of Nepal (FMAN) at the Office of the […]
KATHMANDU: Educational consultancy operators staged a protest in Putalisadak, Kathmandu, on Friday, demanding that the government withdraw what they described as restrictive provisions in the Educational Counseling, Language Teaching, and Preparation Classes (Operation and Management) Regulations, 2026. The demonstration, organized by the Joint Struggle Committee of Educational Counseling Entrepreneurs, was held amid concerns that some […]
KATHMANDU: There is a particular kind of financial report that says one thing in its headline sentence and something considerably more urgent three paragraphs later. Nepal Rastra Bank’s (NRB) seventeenth Financial Stability Report is that kind of document. Read the executive summary quickly and you will come away reassured: capital adequacy above regulatory minimums, liquidity […]
KATHMANDU: Senior physician and medical education reform activist Dr. Govinda KC has threatened to launch a new indefinite hunger strike if the government fails to address his three-point demands by July 21. Issuing a press release on Friday, Dr. KC accused the government of working under the influence of private medical mafias and interest groups, […]
KATHMANDU: On June 22, the Department of Money Laundering Investigation arrested Bishnu Paudel, Vice Chairman of the CPN (UML) and former Finance Minister, in Surkhet. Arrested without prior complete investigation, his custody was extended five times by the court for further inquiry. Finally, on July 16, a money laundering case was filed against him. Based […]
KATHMANDU: The government’s negotiating team and the agitating loan shark victims are preparing to officially sign a written agreement today, transitioning a previous verbal understanding into a formal pact. To finalize the deal, a decisive round of last-stage talks has commenced at the Office of the Prime Minister and Council of Ministers in Singha Durbar. This […]
KATHMANDU: The government’s negotiating team and the agitating loan shark victims are preparing to officially sign a written agreement today, transitioning a previous verbal understanding into a formal pact. To finalize the deal, a decisive round of last-stage talks has commenced at the Office of the Prime Minister and Council of Ministers in Singha Durbar. This […]
KATHMANDU: As Nepal enters fiscal year 2026/27, Nepal Rastra Bank’s seventeenth Financial Stability Report, covering the year ended mid July 2025, paints a two track picture of the banking system. Capital adequacy, liquidity and leverage all sit comfortably above regulatory floors. But asset quality, the health of the loan book itself, has deteriorated steadily since 2022, […]
KATHMANDU: Nepal’s Permanent Representative to the United Nations, Lok Bahadur Thapa, called for mainstreaming the right to development across financing, trade, debt relief and development cooperation, stressing that sustainable development is not merely a policy objective but a fundamental human right. Addressing the event titled “Right to Development at 40: Catalysing Global Partnerships for Inclusive […]
KATHMANDU: A major economic shift begins today as Nepal officially enters the new fiscal year 2026/27, activating a comprehensive overhaul of the country’s tax structures, public salaries, and monetary policies. Designed to simplify the tax system and stimulate the private sector, the newly implemented budget introduces substantial relief for individual taxpayers by doubling the entry-level […]
KATHMANDU: Nepal’s new budget of Rs 2.12 trillion for the fiscal year 2026/27 has officially gone into effect starting today, Friday. Presented earlier on May 29 by Finance Minister Swarnim Wagle, the budget allocates 59.8% (Rs 1,270.58 billion) to recurrent expenditure, 20.3% (Rs 431.10 billion) to capital expenditure, and 19.9% (Rs 422.24 billion) to financial […]
BARA: A six-member delegation of loan shark victims, led by struggle committee coordinator Awadhesh Kushwaha, has departed for Kathmandu to finalize a draft agreement with the government. Prepared during late-night discussions at the Ministry of Home Affairs on Wednesday in the presence of Home Minister Sudhan Gurung, the draft aims to provide a long-term solution […]
KATHMANDU: A supplementary charge sheet has been filed at the Special Court against 16 defendants, including CPN (UML) Vice Chairman Bishnu Prasad Paudel, five other individuals, and 10 companies, for offenses related to money laundering. According to the Special Court, the supplementary charge sheet was presented on Thursday following further investigation into a previously registered […]
KATHMANDU: Former minister and leader of the Rastriya Prajatantra Party (RPP), Fatte Singh Tharu, has passed away at the age of 87. Leader Tharu, who was born around 1940 in Thapuwa village of Banke (now Baijanath Rural Municipality), passed away today (Thursday) due to a heart attack. He breathed his last while undergoing treatment at […]
KATHMANDU: The Curriculum Development Centre of Tribhuvan University (TU) has invalidated the equivalence of academic degrees obtained from Indian universities by 114 Nepali students on Wednesday, July 15. According to the Centre, the equivalence has been cancelled for 13 individuals who received degrees from CMJ University in Meghalaya, India; 98 from Sangai International University in […]
KATHMANDU: The Judicial Council has transferred a large number of judges across the country. A meeting of the Council held today (Thursday) recommended the transfers, which include 50 High Court judges and 157 District Court judges. Among the District Court judges transferred, Dayaram Dhakal has been recommended for Nuwakot District Court, Churaman Khadka for Ilam, […]
KATHMANDU: The Judicial Council has transferred a large number of judges across the country. A meeting of the Council held today (Thursday) recommended the transfers, which include 50 High Court judges and 157 District Court judges. Among the District Court judges transferred, Dayaram Dhakal has been recommended for Nuwakot District Court, Churaman Khadka for Ilam, […]
KATHMANDU: The task force formed to prepare the “Constitution Amendment Discussion Paper” has submitted its final report to the Office of the Prime Minister and Council of Ministers. Coordinated by Asim Shah, Political Advisor to Prime Minister Shah, the panel was established in March 2026 under the government’s 100-point governance reform agenda to build national […]
KATHMANDU: The Judicial Council has recommended Judge Basudev Acharya, who ordered the release of Rastriya Swatantra Party (RSP) President Rabi Lamichhane on bail in the organized crime and cooperative fraud case, for recommend as the Chairperson of the Special Court in Kathmandu. The recommendation was made during the Judicial Council’s meeting on Thursday. Acharya has […]
KATHMANDU: The Ministry of Youth, Labour and Employment has held a discussion with representatives of private sector in a bid to prepare an environment for creating jobs within country. In this connection, a discussion organized at the Ministry on Thursday laid emphasis on ensuring training at workplaces and making effective the apprenticeship/trainee programmes in the […]
KATHMANDU: Stay updated with Nepal News’ evening briefing, bringing you the day’s most important developments from Nepal and across the globe. From politics and economy to sports, entertainment, and culture, we deliver a concise roundup of the top news you need to know. Vice President Yadav Returns Home from Qatar Visit Vice President Ram Sahay […]
KATHMANDU: Stay updated with Nepal News’ evening briefing, bringing you the day’s most important developments from Nepal and across the globe. From politics and economy to sports, entertainment, and culture, we deliver a concise roundup of the top news you need to know. Vice President Yadav Returns Home from Qatar Visit Vice President Ram Sahay […]
KATHMANDU: Vice President Ram Sahay Prasad Yadav returned home this afternoon after completing a three-day official visit to Qatar. Vice President Yadav had departed for Qatar on Tuesday to express condolences on behalf of the Government of Nepal over the passing of Qatar’s former Emir, Sheikh Hamad bin Khalifa Al Thani. He was received at […]
KATHMANDU: The government has decided to accept a US$1.81 million grant from South Korea. The decision was made during today’s Cabinet meeting, according to Minister for Communications Dr. Bikram Timilsina. The grant will be used to establish a pilot Legal Information System in Nepal. Nepal’s Cabinet has approved accepting a US$1.81 million grant from the […]
KATHMANDU: Nepal News presents today’s snapshot of Nepal’s economic activities. Get quick updates on major market movements, policy shifts, and financial developments shaping the economy of Nepal. Here are the key economic highlights for today: NRB Allows Banks to Count Interest Collected Within 15 Days Nepal Rastra Bank (NRB) has amended the Unified Directives 2026, […]
KATHMANDU: In a significant move to address pressing social and administrative issues, the Government of Nepal has constituted a high-level talks team to negotiate with victims of loan sharking, also known as predatory or unfair financial transactions. Formed during Thursday’s Cabinet meeting as part of seven major decisions, the specialized negotiation panel will be led […]
KATHMANDU: Additional Secretary of India’s Ministry of External Affairs Munu Mahawar paid a courtesy call on Minister of Foreign Affairs Shisir Khanal on Thursday, with the two discussing ways to further strengthen bilateral relations. During the meeting at the Ministry of Foreign Affairs, they exchanged views on enhancing the close and longstanding ties between Nepal […]
KATHMANDU: A police team on regular patrol has arrested 25 individuals from various parts of the country with illegal drugs. According to the Central Police News Desk, the arrests include six individuals each from Sunsari and Kailali, three each from Jhapa and Morang, two each from Nuwakot, Surkhet, and Syangja, and one from Siraha. Police […]
KATHMANDU: The government used bulldozers to clear informal settlements along the riverbanks of the Kathmandu Valley in April. The landless settlers and their belongings were subsequently moved and kept at the Dasharath Stadium in Tripureshwar. Following that, the government relocated the informal settlers to holding centers as a short-term management measure. During the relocation process, […]
KATHMANDU: A Cabinet meeting called by Prime Minister Balendra Shah began at the Office of the Prime Minister and Council of Ministers in Singha Durbar on Thursday. The meeting is currently underway.
KATHMANDU: Prime Minister Balendra Shah (Balen) is holding talks with Rastriya Prajatantra Party (RPP) Chairman Rajendra Lingden at the Office of the Prime Minister and Council of Ministers on Thursday. The discussion is focused on the country’s latest political developments, the current national situation, and other issues of mutual interest. Lingden is accompanied by RPP […]
KATHMANDU: Nepal Rastra Bank (NRB) Governor Dr. Biswo Nath Poudel called on Prime Minister Balendra Shah today. The meeting took place at the Office of the Prime Minister and Council of Ministers in Singha Durbar. On the occasion, discussions were held on topics related to the country’s stock market, banking, and financial sector, said Deepa […]
KATHMANDU: Prime Minister Balendra Shah (Balen) on Thursday reaffirmed the government’s commitment to supporting women entrepreneurs, saying it would remove barriers to entrepreneurship and promote locally manufactured products at major tourist destinations. During a meeting with a Federation of Woman Entrepreneurs’ Associations of Nepal (FWEAN) delegation led by President Darshana Shrestha and including Third Vice […]
KATHMANDU: Hydropower is frequently championed as the ultimate engine of economic prosperity in Nepal’s development discourse. This perspective is not without merit, given that Nepal’s perennial Himalayan rivers make it one of the world’s richest countries in water resources. Emerging from the economic liberalization of the 1980s, Nepal’s hydropower sector has made monumental leaps in […]
KATHMANDU: Minister of Foreign Affairs Shisir Khanal and Japanese Ambassador to Nepal Maeda Toru held talks on Thursday, today, on strengthening bilateral relations and expanding development cooperation. During the meeting at the Ministry of Foreign Affairs, the two discussed a range of issues of mutual interest, including the upcoming visit of the Japan International Cooperation […]
KATHMANDU: Nepal Rastra Bank (NRB) has amended the Unified Directives 2026, allowing banks and financial institutions to count interest received within 15 days after the end of the fiscal year as income. Under the revised provision, only interest that remains unrealized after the 15-day grace period must be transferred to the regulatory fund after required […]
KATHMANDU: Acting Mayor Sunita Dangol and Australian Ambassador Simon Ernst on Thursday discussed plans for Kathmandu Metropolitan City (KMC) to organize an International Film Festival in the fiscal year 2026/27, along with broader cooperation in the creative industry and tourism. During the meeting at the Kathmandu Metropolitan City Office, Dangol said the festival aims to strengthen […]
KATHMANDU: Acting Mayor Sunita Dangol and Australian Ambassador Simon Ernst on Thursday discussed plans for Kathmandu Metropolitan City (KMC) to organize an International Film Festival in the fiscal year 2026/27, along with broader cooperation in the creative industry and tourism. During the meeting at the Kathmandu Metropolitan City Office, Dangol said the festival aims to strengthen […]
KATHMANDU: Nepal’s securities regulator, the Securities Board of Nepal (SEBON), has unveiled the Capital Market Development Blueprint of Nepal, 2026, a decade-long roadmap prepared under newly appointed chairman Gopal Prasad Bhatta to modernize the country’s capital market. The blueprint sets ambitious targets for market capitalization, listed companies and trading turnover through sweeping legal, institutional and […]
KATHMANDU: The Nepal Rastra Bank (NRB) has amended its unified directives to implement its monetary policy, allowing banks and financial institutions to increase the loan-to-value limit on shares used as collateral from 70% up to 80%. Under the new guidelines, financial institutions can offer this additional 10% leverage by designing specific product papers that assess […]
