Kathmandu: The Nepal Rastra Bank (NRB) has reported a significant decrease in currency exchange pressure this year, as it refrains from printing new notes for the upcoming Dashain and Tihar festivals. In contrast to last year’s exchange of Rs 14.5 billion in new notes within the Kathmandu Valley and Rs 29 billion nationwide, this year’s… Continue reading Reduced currency exchange pressure in Nepal ahead of festivals
Iphone 16 series officially in Nepali market
Kathmandu: Generation Next Communication Pvt Ltd, the official distributor of iPhones in Nepal, has officially launched the much-anticipated iPhone 16 series. The new lineup boasts state-of-the-art features, including a sleek titanium design, advanced camera capabilities, 4K 120 Dolby Vision support, and the powerful A18 Pro chip. Additionally, the iPhone 16 now comes equipped with Shield… Continue reading Iphone 16 series officially in Nepali market
World Bank approves $150 mn to strengthen Nepal’s disaster response and resilience
Kathmandu: The World Bank’s Board of Executive Directors today approved $150 million in contingent financing for the Government of Nepal to use in the event of a natural or climate-induced hazard or health emergency in Nepal. The Nepal Disaster Resilience Development Policy Credit with Catastrophe Deferred Drawdown Option (Cat DDO) operation supports policy and regulatory… Continue reading World Bank approves $150 mn to strengthen Nepal’s disaster response and resilience
ANFA to support families of landslide victims
Kathmandu: The All Nepal Football Association (ANFA) has announced that it will provide NPR 800,000 to each family of the six players who tragically lost their lives in a landslide in Indrasarobar Rural Municipality, Makwanpur. During an emergency meeting held on Sunday, ANFA decided to extend this financial assistance to the families of Aditya Balampakhi,… Continue reading ANFA to support families of landslide victims
Foreign Minister instructs Embassies to be alert on status of Nepalis in Israel and Lebanon
Kathmandu: Foreign Minister Dr. Arju Rana Deuba has directed Nepalese embassies to provide regular updates on the situation of Nepalese nationals in Israel and Lebanon. During a virtual meeting with Nepalese ambassadors in these countries, she sought information on the latest developments affecting Nepalese citizens. Minister Rana expressed growing concern in Nepal regarding the conditions… Continue reading Foreign Minister instructs Embassies to be alert on status of Nepalis in Israel and Lebanon
Infrastructure Minister reveals reconstruction costs following recent floods and landslides
Kathmandu: Minister for Physical Infrastructure and Transport, Devendra Dahal, has announced that the reconstruction efforts following the recent floods and landslides will require an estimated budget of NPR 20 to 25 billion. Speaking at a meeting of the Infrastructure Development Committee of the House of Representatives, Minister Dahal explained that this estimate covers damages to… Continue reading Infrastructure Minister reveals reconstruction costs following recent floods and landslides
Finance ministry evaluates economic impact of recent floods and Landslides
Kathmandu: The Ministry of Finance has begun assessing the economic repercussions of the recent floods and landslides that devastated the region. During a meeting of the ministry’s High Management Team today, Deputy Prime Minister and Minister for Finance Bishnu Prasad Paudel emphasized the need for detailed analysis as additional funds and resources will be necessary… Continue reading Finance ministry evaluates economic impact of recent floods and Landslides
Madan Puraskar Guthi Awards 2080 to Mohan Mainali
Kathmandu: The Madan Puraskar Guthi has honored writer and journalist Mohan Mainali with the prestigious Madan Puraskar (2080) for his book Mukam Ranamaidan. Linguist Prof. Dr. Yogendra Yadav also received the Jagadamba Shree Award (2080), with both awards accompanied by a cash prize of Rs 400,000. The awards were presented by Guthi Chair Kunda Dixit… Continue reading Madan Puraskar Guthi Awards 2080 to Mohan Mainali
Traffic police receive 104 smartphones to enhance digital license regulation
Kathmandu: In a significant move to improve traffic management, the traffic police have been provided with 104 smartphones for the regulation of digital driving licenses. The smartphones were handed over by Minister for Physical Infrastructure and Transport (MoPIT), Devendra Dahal, and Minister for Labor, Employment and Transport at Bagmati Province, Prem Bhakta Maharjan, during a… Continue reading Traffic police receive 104 smartphones to enhance digital license regulation
Nepal to receive Rs 1.06 bn from carbon trade for emission reduction
Kathmandu: Nepal is set to receive Rs 1.06 billion as part of a carbon trading initiative aimed at reducing carbon dioxide emissions through its forests. This funding comes from the REDD Implementation Center under the Ministry of Forest and Environment, recognizing efforts in 13 districts of the Terai region. The financial support is linked to… Continue reading Nepal to receive Rs 1.06 bn from carbon trade for emission reduction