Govt introduces ‘National Startups Policy, 2080’ to boost startup investment

Kathmandu: The government has introduced the ‘National Startups Policy, 2080’ to bolster investment in startup companies. This policy, recently adopted by the Council of Ministers, encompasses several key provisions aimed at facilitating entrepreneurship and innovation. Under the policy, startups will benefit from waivers on costs associated with registering businesses and industrial properties. Additionally, entrepreneurs will… Continue reading Govt introduces ‘National Startups Policy, 2080’ to boost startup investment

PM seeks vote of confidence from House of Representatives

Kathmandu: Prime Minister Pushpa Kamal Dahal, ‘Prachanda’, has formally requested a vote of confidence from the House of Representatives (HoR). The PM’s press advisor, Shekhar Adhikari, confirmed that the request was submitted to the Federal Parliament Secretariat, with the proposed date for the vote set on May 20. The move comes in accordance with Article… Continue reading PM seeks vote of confidence from House of Representatives

Korea pledges $9.8mn for green job creation in Pokhara

Kathmandu: In a bid to bolster green economic practices and job creation in Pokhara, the Korean government has committed USD 9.8 million towards the “Green Job Creation through Recycling and Upcycling Project in Pokhara Metropolitan City (PMC)”. The Memorandum of Understanding (MoU) for this initiative was inked by Taeyoung Park, Ambassador of the Republic of… Continue reading Korea pledges $9.8mn for green job creation in Pokhara

New bird species ‘White-cheeked Starling’ discovered in Nepal’s Annapurna Conservation Area

White-cheeked Starling at Picadilly, Seletar

Kathmandu: A new species of bird has been unearthed within the scenic landscapes of Nepal’s Annapurna Conservation Area. Named the ‘White-cheeked Starling’ by the Nepalese Ornithological Union, this finding marks a significant addition to Nepal’s avian biodiversity, elevating the nation’s tally to 895 distinct bird species. The revelation comes as ornithologist Shankar Tiwari, amidst a… Continue reading New bird species ‘White-cheeked Starling’ discovered in Nepal’s Annapurna Conservation Area

PM Dahal calls for private sector confidence in hydropower investment

representative photo

Kathmandu: Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has asked the private sector to invest in the country’s hydropower sector with confidence, stating that an agreement has been signed with India to export 10,000 megawatts of power from Nepal in a decade. Addressing the 22nd annual general assembly of Independent Power Producers’ Association, Nepal (IPPAN) here… Continue reading PM Dahal calls for private sector confidence in hydropower investment

Webb telescope uncovers merger of two massive black holes from early universe

This photo provided by NASA, the James Webb Space Telescope is separated in space on Saturday, Dec. 25, 2021. Photo Courtesy: NASA via AP

Kathmandu: The Webb Space Telescope has discovered the earliest known merger of black holes. These two gigantic black holes and their galaxies consolidated just 740 million years after the universe-forming Big Bang. It’s the most distant detection ever made of merging black holes, scientists reported Thursday. One black hole is 50 million times more massive… Continue reading Webb telescope uncovers merger of two massive black holes from early universe

Nepali workers abroad granted path to legitimization work permits

Kathmandu: In a landmark move aimed at facilitating Nepali citizens working abroad, the Ministry of Labour, Employment and Social Security (MoLESS) has introduced amendments to the Foreign Employment Management Service Delivery Procedure 2081 BS. This revision now enables Nepali workers, who initially traveled abroad on various visas excluding employment visas, to obtain Legitimization Work Permits… Continue reading Nepali workers abroad granted path to legitimization work permits

Biden and Trump agree to June and September debates as RFK vies to qualify

Kathmandu: Joe Biden and Donald Trump have agreed to hold two presidential TV debates in June and September, setting the stage for primetime political duels that could shake up the White House race. CNN will host the first forum on 27 June in the key swing state of Georgia. ABC will host the second one… Continue reading Biden and Trump agree to June and September debates as RFK vies to qualify

Nepal prepares for first match in 2024 ICC Men’s T20 World Cup

Kathmandu: Nepal’s national team is gearing up for their inaugural match in the 2024 ICC Men’s T20 World Cup. The stage is set for an electrifying showdown as Nepal prepares to face off against the Netherlands in their opening fixture. The highly anticipated clash is scheduled to take place at the Grand Prairie Cricket Stadium… Continue reading Nepal prepares for first match in 2024 ICC Men’s T20 World Cup