China promises direct flight from Kathmandu to Kunming

Kathmandu: Home Minister Bal Krishna Khand and Chinese Ambassador to Nepal Hou Yanchi have held a courtesy meeting today. During the meeting, Ambassador Yanchi informed that preparations have been made for a direct flight from Kathmandu to Kunming, China. Similarly, during the meeting held at the Ministry of Home Affairs on Wednesday, bilateral relations and… Continue reading China promises direct flight from Kathmandu to Kunming

Election update: Results are out from 351 municipalities

Kathmandu: The final voting results of 351 municipalities have been made public till 8 pm Tuesday. The final results of 351 municipalities, including 70 municipalities and 281 rural municipalities, have been made public, according to the Election Commission. According to the commission, the Nepali Congress, which is in the first position, has so far won… Continue reading Election update: Results are out from 351 municipalities

Election update: Independent candidate Balen Shah leading in KMC

Kathmandu: Independent candidate for the post of mayor of Kathmandu Metropolitan City Balen Shah has maintained his wide lead. In the current situation till 7 pm Tuesday, Shah is leading with 5,999 votes. Till the time, 33,222 votes have been counted and Shah is leading with 12,877 votes. His rival Keshav Sthapit of the CPN-UML… Continue reading Election update: Independent candidate Balen Shah leading in KMC

Govt hike public vehicle fare

File Photo New Bus Park at Gongabu awaits passengers. Photo Courtesy: Sujan Gurung, The Rising Nepal

Kathmandu: The government has again increased fares for public transport. The Department of Transportation Management issued a notice on Tuesday stating that the fare of passenger and freight vehicles of inter-province transportation has been increased. The government has decided to increase the vehicle fare after the Nepal Oil Corporation increased the price of fuel by… Continue reading Govt hike public vehicle fare

NEA signs MoU for Arun-4 Hydropower Project

Kathmandu: A memorandum of understanding has been signed between the Nepal Electricity Authority (NEA) and the Sutlej Hydropower Corporation of India for the construction of the Arun-4 Hydropower Project. NEA Executive Director Kulman Ghising and Sutlej Chairman and Managing Director Nanda Lal Sharma signed the MoU in Lumbini on Monday in the presence of Prime… Continue reading NEA signs MoU for Arun-4 Hydropower Project

Bitcoin tumbles, a stablecoin plunges in wild week in crypto

NEW YORK (AP): It’s been a wild week in crypto, even by crypto standards. Bitcoin tumbled, stablecoins were anything but stable and one of the crypto industry’s highest-profile companies lost a third of its market value. The price of bitcoin dropped to around $25,420 this week, its lowest level since December 2020, according to CoinDesk.… Continue reading Bitcoin tumbles, a stablecoin plunges in wild week in crypto