Rashtriya Banijya Bank to lend Rs 2 bn to NOC

Photo Courtesy: Nepal Oil Corporation

Kathmandu: Rashtriya Banijya Bank (RBB) will provide Rs 2 billion loans to Nepal Oil Corporation (NOC) to import petroleum products. The loan process has been started due to a lack of funds to be paid for the second installment of this month. NOC has said that the bank would provide the loan after the request… Continue reading Rashtriya Banijya Bank to lend Rs 2 bn to NOC

President Bhandari allow deploying military in local election

Kathmandu: President Bidhya Devi Bhandari has given the approval to mobilize the army in the upcoming local elections scheduled for Mid-May. A statement issued by the President’s Office states that President Bhandari has given her approval to hold the local elections in a fair and fearless environment. President Bhandari has given her approval to mobilize… Continue reading President Bhandari allow deploying military in local election

Naya Shakti Party dissolved

Kathmandu: The New Shakti Party has dissolved. According to a statement issued today by the coordinator Rabi Kiran Hamal that the New Shakti Party led by former Prime Minister Baburam Bhattarai has dissolved. Bhattarai had united the majority members of the New Shakti with the then Federal Socialist Forum. After that, Hamal started his activities… Continue reading Naya Shakti Party dissolved

Climber passes away while returning from Mt Dhaulagiri

Kathmandu: A Greek mountaineer has died while returning from successful summit of Mt. Dhaulagiri. Seven Summits Trek has confirmed that Antonis Sycaris, a Greek climber, was killed at an altitude of 7,400 meters while returning from a successful ascent of Dhaulagiri Mountain on Saturday morning. The 60-year-old mountaineer Antonis has climbed five mountains, including Mount… Continue reading Climber passes away while returning from Mt Dhaulagiri

Guangzhou closes to most arrivals as China’s outbreak grows

Workers in protective gear watch over residents line up for the COVID-19 test at a residential block, Monday, April 11, 2022, in Guangzhou in south China's Guangdong province. Photo Courtesy: Chinatopix via AP

BEIJING (AP): The manufacturing hub of Guangzhou closed itself to most arrivals Monday as China battles a major COVID-19 surge in its big eastern cities. Shanghai has taken the brunt of the rise, with another 26,087 cases announced on Monday, only 914 of which showed symptoms. The city of 26 million is under a tight… Continue reading Guangzhou closes to most arrivals as China’s outbreak grows

Pakistani lawmakers elect Shahbaz Sharif as new premier

File Photo Pakistan's opposition leader Shahbaz Sharif speaks during a press conference after the Supreme Court decision, in Islamabad, Pakistan, April 7, 2022. Photo Courtesy: AP

ISLAMABAD (AP): Pakistan’s parliament elected opposition lawmaker Shahbaz Sharif as the country’s new prime minister on Monday, after a walkout by lawmakers from ousted Premier Imran Khan’s party. Sharif was the only contender. He is the brother of disgraced former Prime Minister Nawaz Sharif but his election will not guarantee a peaceful path forward —… Continue reading Pakistani lawmakers elect Shahbaz Sharif as new premier

Finance Ministry proposes to cut off govt’s fuel cost

Kathmandu: Finance Minister Janardan Sharma has said that the Ministry of Finance has proposed the cabinet to reduce the cost of petroleum fuel for government purposes. Speaking at a press conference at the Ministry of Finance, Finance Minister Sharma said that he had proposed not to use government vehicles on public holidays to ease the… Continue reading Finance Ministry proposes to cut off govt’s fuel cost

Girl traveling Japan caught with bullet to TIA

Kathmandu (Rashtriya Samachar Samiti): Nepal Police have arrested a girl from Tribhuvan International Airport (TIA) with a round of ammunition. Sobhita Nepali, 27, of Bhanu Municipality-7 of Tanahu has been arrested. According to the TIA Security Office, She was arrested on Sunday night. A bullet was recovered from Narita while she was on her way… Continue reading Girl traveling Japan caught with bullet to TIA

22 climbers scale Mt Dhaulagiri

Photo Courtesy: Seven Summit Trek

Kathmandu: The first ascent of the year has been made at Mt Dhaulagiri. According to the Department of Tourism, the first ascent of 2022 has started with the successful ascent of the 8,167m Mt Dhaulagiri. A total of 22 climbers have summit Mt Dhaulagiri including 10 climbers and 12 climbing assistants. According to the Department… Continue reading 22 climbers scale Mt Dhaulagiri

Economic indicators are normalizing: Finance Minister

Kathmandu (Rashtriya Samachar Samiti): The government has made it clear that the economy, which has been weakened by the Corona pandemic for the past two years, is becoming normal gradually. Presenting the fact that the economic activities affected due to the Covid-19 epidemic are normalizing, the government has made public the details that about 98… Continue reading Economic indicators are normalizing: Finance Minister