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Nepal Rastra Bank unveils monetary policy; Concessional loan to for tourism sector

Kathmandu / July 17: Nepal Rastra Bank has unveiled the Monetary Policy (MP) for Fiscal Year 2020/21. Governor of NRB Maha Prasad Adhikari unveiled the policy. The policy is focused on economic stability and achieving economic growth of 7pc in 2020-21. As per new provision, the banks will now require to invest 15 per cent […]


Auditor General submits annual report to President

Kathmandu / July 15: Auditor General Tanka Mani Sharma Dangal on Wednesday submitted the annual report of the Office of the Auditor General for the fiscal year, 2019/20 to President Bidya Devi Bhandari amid a function at President’s Office, Sheetal Niwas. The submission of the report is in line with Article 294 of the Constitution […]


Sailesh Thapa appointed as 28th IGP of Nepal Police

Kathmandu / July 7: The government has decided to appoint Sailesh Thapa as the 28th Inspector General of Nepal Police (NP). The meeting of council of ministers held today at the Prime Minister’s residence decided to appoint Thapa as the new IGP, informed Padma Aryal, Minister for Land management, Cooperatives and Poverty Alleviation. Thapa is […]


NA unanimously passes constitution amendment bill ; President authenticates the bill

Kathmandu / June 18: The National Assembly (NA) today unanimously passed the Constitution (2nd amendment) Bill 2077 to change Nepal’s coat of arms, according the newly published political and administrative map of Nepal. After the clause-wise deliberations on the proposed Constitution amendment Bill, the upper house of the Federal Parliament unanimously passed the Bill. All […]


Nepal parliament unanimously endorses second amendment, map updated

Kathmandu / June 13: The House of Representatives (HoR) has unanimously passed the government’s Constitution (2nd Amendment) Bill, 2077. This bill seeks to amend Schedule 3 of the Constitution to update the national coat of arms by incorporating Limpiyadhura, Lipulekh and Kalapani in Nepal’s map. A two-thirds majority was required to pass the bill. It […]


Academicians and Scholars underline need of blended modality of learning

Kathmandu / June 07: Academicians and scholars from Nepal and abroad have underlined the need to give continuity to higher education, despite challenges of COVID-19, through a blended modality of virtual teaching and learning along with in-person campus-education particularly for technical subjects. Speaking at a webinar on Higher Education Governance after Pandemic organized by Kalpa […]


Annual budget of Rs. 1474 billion announced for FY 2020/21

Kathmandu, May 28: Finance Minister Dr. Yubaraj Khatiwada has presented an annual budget of Rs. 1474 billion 640 million for the upcoming fiscal year FY 2077/78 (2020/21) in the joint session of the federal parliament today. Of the total budget, Rs. 948 billion has been allocated for recurrent expenditure while Rs. 352 billion will be […]


Govt. estimates 2.3 % Growth Rate

Kathmandu / May 26: The Government has said that the economic growth in the current fiscal year will remain at 2. 3 per cent. The economic survey 2076/77 presented by Finance Minister Dr Yubaraj Khatiwada at the Federal Parliament today states that the growth rate is very low compared to what the government determined due […]


Nepal endorses new political map incorporating Kalapani and Limpiyadhura area

Kathmandu / May 18: The meeting of the Council of Minister held today at the Prime Minister’s official residence, Baluwatar, has approved new political map of Nepal which includes Kalapani and Limpiyadhura area in the far western region. “The political map proposed by Ministry of Land Management Cooperatives and Poverty Alleviation has been approved by […]


Cabinet extends lockdown until June 2

Kathmandu / May 17: The government on Sunday decided to extend the nationwide lockdown until June 2. A Cabinet meeting held at the Prime Minister’s Official Residence in Baluwatar took the decision to continue the lockdown. The lockdown which was first enforced in the country on March 24 was coming to an end on Monday […]




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