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Nepal-China MoU on OBOR historic: Oli

Kathmandu / May 30:The main opposition CPN-UML has termed the Memorandum of Understanding that Nepal recently signed with China regarding the ‘One Belt One Road’ initiative as historic and a milestone for heightening the bilateral ties. Addressing an interaction programme on OBOR organised here today, party Chair and former Prime Minister KP Sharma Oli expressed […]


Hotel community praises budget

Kathmandu / May 30: The tourism entrepreneurs have praised the budget, saying that it was unveiled with due priority for tourism infrastructure development. They stressed the effective implementation of the budget. They said that the budget was friendly for the tourism sector as it has given emphasis on airport construction, trekking route development and religious […]


FM Mahara presents budget for FY 2017/18 at the Parliament

Kathmandu / May 29: Finance Minister Krishna Bahadur Mahara presented the annual estimate of income and expenditure for the upcoming fiscal year 2017/18 at the Legislature-Parliament on Monday. The government unveiled the budget of Rs 1, 278 billion of which Rs 804 billion as recurrent expenditure, Rs 335 billion as capital expenditure and Rs 140 […]


Impeachment motion withdrawn after UML warning

Kathmandu / May 29: After warning from the main opposition CPN-UML to obstruct the budget speech, the ruling coalition has agreed to withdraw the impeachment motion registered against Chief Justice Sushila Karki. The presentation of budget for fiscal year 2017/18 was delayed for about one and a half hours after the main opposition refused to […]


High level panel to recommend govt officials’ salaries

Kathmandu / May 29:The government has not hiked the salary of the civil servants in the fiscal budget 2017/18. The budget said it will form a high level advisory panel to recommend salary and allowances for the civil servants. Presenting the Rs 1278-billion budget in the parliament on Monday, Finance Minister Krishna Bahadur Mahara said […]


Prachanda leaves with a legacy of statesmanship and hope for a prosperous Nepal (Commentary)

Kathmandu / May 28:Prime Minister Pushpa Kamal Dahal ‘Prachanda’ on May 24 announced his resignation after serving slightly more than nine months in office, thereby leaving a blueprint for political propriety and exhibiting a level of statesmanship in the country. The Chairman of the Maoist Centre had reached at the helm of prime ministerial berth […]


Quality improvement in country’s economy: growth estimated to be seven per cent

Kathmandu / May 28:The Government has estimated the economic growth of the current fiscal year to increase by 6.94 per cent. According to the Economic Survey 2016/17 released by the Ministry of Finance here today, favourable climate leading to rise in agriculture productivity, increase in capital expenditure, energy management and improvement in atmosphere for investment […]


23 public enterprises in profit, 12 in loss; NOC incurs huge benefit

Kathmandu / May 28: Out of 35 public enterprises, 23 were found making profit, while 12 incurring loss this fiscal year. The government has said these enterprises became successful to make the profit of Rs 34.96 billion as compared to the previous year. Deputy Prime Minister and Minister for Finance, Krishna Bahadur Mahara on Sunday […]


Parliament begins deliberations on govt’s policies and programs

Kathmandu / May 27: Today’s meeting of the Legislature-Parliament has started deliberations on the government policies and programs for the fiscal 2017-18. President Bidya Devi Bhandari presented the policies and programmes at the parliament on Thursday. Taking part in the deliberation, CPN-UML parliamentary party deputy leader Subas Chandra Nembang expressed happiness over the resumption of […]


Some 100,000 staff to be deputed on poll duty besides security personnel

Kathmandu / May 27: The Election Commission has stated that it was going to deploy around 100 thousand employees besides the security personnel for the second-phase local level election to be held on June 14. EC spokesman Surya Prasad Sharma said all sorts of preparations for the second-phase election have been completed and 95 thousand […]




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