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Government debt rises by 84 billion in first four months of current FY

Kathmandu / Nov 20: The government debt increased by Rs 84 billion in the first four months of the current Fiscal Year (FY) 2024/25, according to the Public Debt Management Office (PDMO). Nepal’s total public debt now exceeds 44 percent of the Gross Domestic Product (GDP). The PDMO report revealed that total public debt stood […]


Country receives more than Rs 407 billion remittances in three months; Consumer inflation comes down to 4.82 %

Kathmandu / Nov 19: The country has received Rs 407.31 billion in remittances in the first three months of the current fiscal year. “Remittance inflows increased 11.5 per cent to Rs 407.31 billion in the review period compared to an increase of 25.8 per cent in the same period of the previous year,” Nepal Rastra […]


NHRC’s call to conclude peace process soon

Kathmandu / Nov 19: The National Human Rights Commission (NHRC) has urged the government to complete the peace process soon by forming a trustworthy commission. Likewise, the NHRC has urged the government to focus on the concerns of the victims and implement its past recommendation. The NHRC has asked to finalize the peace process in […]


Medical entrepreneur Prasai arrested

Kathmandu / Nov 19: Police arrested medical entrepreneur Durga Prasai on Tuesday from his residence in Bhaktapur. A team from the Central Investigation Bureau (CIB) of Nepal Police reached Prasai’s residence and arrested him. Hobindra Bogati, spokesperson and Superintendent of Police (SP) of the CIB, confirmed that Prasai has been arrested on the charge of […]


Former Speaker Dhungana cremated with state honours

Kathmandu / Nov. 18: Former Speaker Daman Nath Dungana has been cremated with state honours at Arya Ghat in Pashupatinath. On the occasion, a squad of the Nepali Army offered a sorrowful farewell salute of 17 cannons. Dhungana’s sons lit the funeral pyre. Speaker Dev Raj Ghimire, Chairman of National Assembly Narayan Prasad Dahal, Chief […]


Basnet earning income from mushroom farming

Hari Prasad Koirala / Urlabari, Nov. 18: Devendra Basnet of Urlabari Municipality-7, Morang, has been engaged in commercial mushroom farming for 18 years. Basnet, 42, who planted 10 packs of mushrooms for household consumption as test production, started commercial mushroom farming after getting a good yield. Earlier mushrooms were cultivated only in the months of […]


Infrastructure development project begins at Bharateshwor Temple

Kathmandu / Nov 18: An infrastructure development project is to be implemented on the premises of Chandan Bharateswor Mahadev Temple, the historic and religious site based in the Chandragiri municipality-6. The project will be implemented under the Nepal-India Cooperation Programme. A tripartite agreement in this regard was signed here today among the Ministry of Federal […]


Former Speaker Dhungana passes away

Kathmandu / Nov. 17: Former Speaker Daman Nath Dhungana has passed away. Gopal Krishna Ghimire, chairman of the Nepal Bar Association, informed that Dhungana died while under treatment at the Purano Baneshwar based Frontline hospital. Also a senior advocate, Dhungana was elected a member of the House of Representatives (HoR) from Nepali Congress (NC) in […]


Kathmandu District Court issues arrest warrant against Rabi Lamichhane and Chhabi Lal Joshi

Kathmandu / Nov 17: The Kathmandu District Court has issued arrest warrants against former home minister and Rastriya Swatantra Party (RSP) chair Rabi Lamichhane and former deputy inspector general (DIG) of Nepal Police, Chhabi Lal Joshi, in connection with the alleged misappropriation of cooperative savings while serving in key roles at Gorkha Media Network. Lamichhane […]


Mostly students found responsible for cyber-enabled fraud: NRB report

Kathmandu / Nov 17: The Nepal Rastra Bank (NRB) has unveiled its Strategic Analysis Report 2024. The report aiming to provide financial updates is based on Cyber-Enabled Fraud reported this year. It was presented to the government on Sunday. The Anti-Money Laundering Act, 2064 BS (2008) warrants the presentation of a comprehensive annual report including […]




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