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ECONOMY

SEBON permits issuance of primary shares after six months

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KATHMANDU, June 23: The Securities Board of Nepal (SEBON) has given the go ahead to Himalayan Urja Bikas Company (HUBC) to issue right shares.
Jun 23, 2024
Editorial

A call for a strong government mechanisms to handle grievanc...

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In recent years, the allure of lucrative foreign employment has led many Nepalis to seek opportunities abroad. This desire, however, has turned into a perilous journey for many, with a significant number of individuals falling prey to fraudulent schemes.
Jun 23, 2024
ECONOMY

CAAN shifts chopper services from TIA to Helipad Hub in Nali...

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KATHMANDU, June 22: The Civil Aviation Authority of Nepal (CAAN) has brought into operation the ‘Helipad Hub’ in Nalinchok of Bhaktapur, targeting to translocate all the chopper related services from the Tribhuvan International Airport (TIA).
Jun 22, 2024
WORLD

Indian gov't implements new law to check corruption in condu...

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NEW DELHI, June 22: The Indian government late on Friday night brought into force a new law to check corruption in conducting exams.
Jun 22, 2024
POLITICS

Koshi province assembly approves budget for FY 2024/25

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BIRATNAGAR, June 22: The Koshi provincial assembly has approved the budget for the upcoming fiscal year 2024/25. The budget was presented in the provincial assembly by the provincial government on June 15. The budget was passed by a majority of provincial assembly members in a meeting held on Saturd...
Jun 22, 2024
ECONOMY

NEPSE lost 43.98 points; share investors lost Rs 7 billion l...

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KATHMANDU, June 22: The Nepal Stock Exchange (NEPSE) plunged 43.98 points last week, with investors in a wait-and-watch mode for Nepal Rastra Bank to endorse the monetary policy for the next fiscal year.
Jun 22, 2024
SPORTS

Spinner Sandeep Lamichhane returns home after participating...

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KATHMANDU, June 22: Spinner Sandeep Lamichhane, who had traveled to the West Indies to participate in the ICC T20 World Cup, returned home on Saturday. Lamichhane arrived in Nepal three days after the national cricket team returned home.
Jun 22, 2024
ECONOMY

3,000 units of EVs arrived in Nepal in the second last month...

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KATHMANDU, June 7: On May 28, the Government of Nepal (GON) announced a 10 percent increase in customs and excise duty on the import of electric vehicles. The rise in customs duty was expected to dissuade prospective importers, but instead, the number of EVs imported increased significantly.
Jun 22, 2024
ECONOMY

IME Group's Middle Kaligandaki Hydropower Project secures fu...

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KATHMANDU, June 22: IME Group's subsidiary, Hydro Support Pvt Ltd, has successfully raised investment for the Middle Kaligandaki Hydropower Project, slated for development in Annapurna Rural Municipality of Myagdi District. To oversee the financial management of this 66.3-megawatt capacity project o...
Jun 22, 2024
SOCIETY

Indian national who escaped from Kapilvastu prison by diggin...

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KAPILVASTU, June 22: An Indian citizen who escaped from Kapilvastu prison by digging a tunnel has been arrested after 14 years. On January 16, 2010, eight people, including him, escaped from the prison by digging a tunnel.
Jun 22, 2024
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