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KATHMANDU: The unforeseen flood on August 26 caused massive damage to settlements along the banks of the Bhote Koshi and Trishuli rivers from Rasuwa. According to the rapid damage and needs assessment by the National Planning Commission and the National Disaster Risk Reduction and Management Authority, at least 7,570 private residences in Rasuwa, Nuwakot, Dhading, […]
KATHMANDU: Eighteen suspension bridges that were damaged by the Bhotekoshi-Trishuli River flooding have been brought into operation after maintenance. According to the Suspension Bridge Division Office under the Department of Local Infrastructure Development, 18 suspension bridges on the Trishuli corridor were damaged due to flooding. Planning Chief Secretary at the Office, Shanker Budhathoki, informed that […]
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. Indigenous Nationalities Commission’s Annual Report Submitted to President The annual report of […]
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: Government and World Bank Explore Catastrophe Bond for Earthquake Financing On Thursday, the government and the World Bank have signed […]
KATHMANDU: The government and the World Bank have signed a mandate agreement to explore the development of a catastrophe bond that could help Nepal access funds quickly in the event of a major earthquake. The agreement marks the beginning of a joint assessment of how international capital markets could provide financial protection against natural disasters […]
BANGKOK: Finance Minister Swarnim Wagle has urged the Asian Development Bank (ADB) to mobilize resources to support Nepal’s recovery from natural disasters, climate-resilient reconstruction and long-term economic development. Wagle made the request during a meeting with ADB President Masato Kanda in Bangkok, Thailand, on Thursday. The finance minister is in the Thai capital to attend […]
KATHMANDU: The Nepal Red Cross Society, in collaboration with Bidur Municipality, has initiated a comprehensive response to the recent floods in the Bhotekoshi area, providing immediate financial assistance of one lakh rupees to affected families. This initiative was announced by Jagan Chapagain, the General Secretary and CEO of the International Federation of Red Cross and […]
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. Indonesian Non-Resident Ambassador Listyowati Presents Letters of Credence to President Paudel Non-Resident […]
KATHMANDU:The government has distributed Rs 45,000 each to 4,108 households affected by the Bhote Koshi flood in Rasuwa, Nuwakot and Dhading districts, with assistance from the World Food Programme (WFP). The cash assistance is being distributed through a single-door system in coordination with local governments to prevent duplication and ensure that support reaches identified beneficiaries. […]
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’s Digital Finance Innovation Hub Engages 50 Fintech Startups to Advance Regulatory Clarity Nepal Rastra Bank’s (NRB) Digital Finance Innovation […]
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: LP Gas Industry Association Reverses Schedule, Joint Cylinder Exchange Initiative Tomorrow The Nepal LP Gas Industry Association announced that its […]
KATHMANDU: The Nepal Electricity Authority (NEA) has begun distributing relief to the families of employees who went missing in the August 26 Bhote Koshi flood, providing Rs 500,000 each to the families of six employees so far. The information was made public Tuesday by the secretariat of Biraj Bhakta Shrestha, Minister of Energy, Water Resources […]
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