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Prosperity not possible in absence of Construction Business: Deputy PM Poudel

Kathmandu / June 15: Deputy Prime Minister and Finance Minister Bishnu Poudel has termed the construction industry as a ‘pillar’ of prosperity and praised the pace of ongoing construction works even in an adverse situation caused by the COVID-19 pandemic. During his meeting with the Federation of Contractors’ Associations of Nepal (FCAN) today, Deputy Prime […]


1,681 new cases of COVID-19, 4,187 recoveries and 41 fatalities in 24 hours

Kathmandu / June 15: With 1,681 new cases of COVID-19 confirmed on Tuesday, the nation’s novel coronavirus tally has reached 612,202. In 7,449 Real-Time Polymerase Chain Reaction (RT-PCR) tests done in the past 24 hours, a total of 1,681 persons were found infected with SARS-CoV-2, informed the Ministry of Health and Population in its regular […]


Share-price of 51 companies found overvalued; SEBON points irregularities in trading

Kathmandu / June 15: The Securities Board of Nepal (SEBON) on Tuesday said that the share values of 51 companies engaging in ‘irregular activities’ have been found to be overvalued. SEBON on Tuesday published the list of companies trading in Nepal Stock Exchange (NEPSE), the sole secondary market of the country, based on abnormalities in […]


2,049 new cases of COVID-19, 5,147 recoveries and 53 fatalities in 24 hours

Kathmandu / June 14: With 2,049 new cases of COVID-19 confirmed on Monday, the nation’s novel coronavirus tally has reached 610,521. In 9,438 Real-Time Polymerase Chain Reaction (RT-PCR) tests done in the past 24 hours, a total of 2,049 persons were found infected with SARS-CoV-2, informed the Ministry of Health and Population in its regular […]


Inflation 3.65 percent, remittance up by 19.2 percent

Kathmandu / June 14: The CPI-based inflation stood at 3.65 percent on year-on-year basis while remittances increased by 19.2 percent in the last ten months of this fiscal year. The Nepal Rastra Bank’s Current Macroeconomic and Financial Situation based on ten months data of FY 2020/21 showed that consumer price inflation stood at 3.65 in […]


Nepal’s proposal to graduate from LDC status to be presented in UNGA for endorsement

Washingtom DC / June 14: Nepal has met the criteria to graduate to the status of developing country with mid-level income from the category of Least Developed Country (LDC). In this connection, preparation is being made to get the final proposal endorsed from the upcoming General Assembly of the United Nations. The UN Economic and […]


Tax exemption in Electric Vehicles, transport entrepreneurs excited

Kathmandu / June 13: The investors are encouraged with the abolition of excise duty and provision of tax concession on the electric vehicles in the budget of FY 2021/22. Transport entrepreneurs are optimistic that the provision of grant in addition to exemption of excise duty will result in the increased number of public and private […]


1,694 new cases of COVID-19, 3,994 recoveries and 46 fatalities in 24 hours

Kathmandu / June 13: With 1,694 new cases of COVID-19 confirmed on Sunday, the nation’s novel coronavirus tally has reached 608,472. In 7,517 Real-Time Polymerase Chain Reaction (RT-PCR) tests done in the past 24 hours, a total of 1,694 persons were found infected with SARS-CoV-2, informed Dr. Krishna Prasad Poudel, spokesperson at the Ministry of […]


Prohibitory orders in Valley extended by a week

Kathmandu / June 13: The prohibitory orders enforced in the Kathmandu Valley have been extended by a week till June 21, according to Prem Prasad Bhattarai, the chief district officer of Bhaktapur. A meeting of the chief district officers (CDOs) of Kathmandu, Bhaktapur and Lalitpur – the three districts in the Valley – held earlier […]


NC’s Krishna Chandra Nepali appointed new CM of Gandaki Province

Pokhara / June 12: Nepali Congress’s parliamentary party leader Krishna Chandra Nepali Pokharel has been appointed as a new Chief Minister of Gandaki Province. Province Chief Sita Kumari Poudel has appointed Pokharel as the chief minister under Article 168 (5) of the Constitution of Nepal today.




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Nepal Army officer Bista receives commendation from UN




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