Deputy Prime Minister and Minister for Finance, Bishnu Prasad Paudel, has asserted that the country’s economy was improving gradually following the government efforts. Congratulating and extending best wishes to the newly-elected executive committee of Nepalese Association of Financial Journalists (NAFIJ) on Monday, Finance Minister Paudel mentioned that the country’s economic indicators at present are positive. […]
Read MoreFor decades, Nepal has been one of the must-visit holiday destinations for Indians. They come to see the mystical mountains, visit the Pashupatinath shrine in Kathmandu and to go to Kailash Manasarovar in China, or to dive into one of the casinos—and for a host of other reasons. But the number of Indian visitors has […]
Read MoreOn October 27, around 50 individuals of a high-profile group of American corporate CEOs flew to Everest for a sightseeing tour. Over 15 chopper flights were conducted from Lukla to 5,545 meter-high Kala Patthar. They clicked photos and selfies for a few minutes and returned to Kathmandu. The group spent nearly Rs16.20 million on chopper […]
Read MoreThe World Bank’s Board of Executive Directors on Thursday approved a $100 million development policy operation (DPO) to help Nepal enhance its ongoing efforts to implement green, resilient, and inclusive development. The World Bank said in a statement that this is the second in a programmatic series of three DPOs designed to strengthen the enabling […]
Read MoreKathmandu Valley experienced its coldest day of the year today (Friday). Meteorologist Binu Maharjan from the Weather Forecasting Division reported that the minimum temperature in the Valley was 3.4 degrees Celsius, recorded at 5:45 am. This is the lowest minimum temperature recorded in Kathmandu Valley this year, surpassing the previous low of 3.9 degrees Celsius. […]
Read MorePrime Minister and CPN (UML) Chairman KP Sharma Oli has asked the party cadres to remain proactive against instability, anarchy and corruption in the country. At a cadres’ gathering organized by CPN (UML) Jhapa District Committee in Birtamod on Monday, Oli said that the cadres, who carry the prideful history of joining the Jhapa rebellion, […]
Read MoreThe Seti Hydropower Project, located in Machhapuchchhre Rural Municipality, Kaski, has officially started generating electricity for commercial use. With a capacity of 25 megawatts, the project began power generation after completing necessary tests for the power plant, interconnection, and commissioning. Jag Bahadur Pokharel, Chairman of the project company, said that the generated electricity has been […]
Read MoreUS Assistant Secretary of State Donald Lu, currently on a three-day visit to Nepal, held discussions with former Prime Ministers Pushpa Kamal Dahal ‘Prachanda’ and Sher Bahadur Deuba on strengthening bilateral relations and cooperation. Lu first met Congress President Deuba at his residence in Budhanilkantha, where the two leaders exchanged views on the multifaceted relations […]
Read MorePrime Minister KP Sharma Oli, who is presently on a four-day official visit to China since Monday, has said Nepal is interested in welcoming investments from China. In his address to a reception organised by the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and China Council for the Promotion of International Trade here […]
Read MoreNepali officials were paid $2.5 million in bribes to seal the contract for the $209.6-million Airbus deal, the largest in Nepal’s aviation history, charging documents filed in the US court show. Deepak Sharma, a former executive of the US-based aviation services provider AAR, pleaded guilty in July earlier this year to conspiracy to violate the […]
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