Kathmandu: The government has approved the Ministry of Labor, Employment and Social Security to sign bilateral labor agreements with European countries Germany and Romania. Government Spokesperson and Minister of Communication and Information Technology Rekha Sharma informed that the Cabinet meeting held on Tuesday decided to approve to enter into a labor agreement with these two… Continue reading Govt ready to sign labor agreement with Germany and Romania
Month: October 2023
Parliament committee directs government to strengthen market monitoring ahead of festive season
Kathmandu – The Industry, Commerce, Labor and Consumer Welfare Committee under the Federal Parliament has directed the government to manage the smooth supply of consumer goods during festivals such as Dashain, Tihar and Chhath. Narrating the decision of the committee’s meeting held on Wednesday, Chairman Abdul Khan directed the Ministry of Industry, Commerce and Supply… Continue reading Parliament committee directs government to strengthen market monitoring ahead of festive season
Nepal out of Asian Games losing to India by 23 runs
Kathmandu: Nepal has lost to India by 23 runs in the quarterfinal match of cricket under the Asian Games. Even though Nepal performed well, they could not avoid defeat. With this defeat, Nepal has been eliminated from the tournament. Pursuing a target of 203 runs for victory, Nepal lost 9 wickets in the scheduled 20… Continue reading Nepal out of Asian Games losing to India by 23 runs
6.3 Richter earthquake with its epicenter at Chainpur in Bajhang injuring 11
Kathmandu: An earthquake measuring 6.3 on the Richter scale has occurred with its epicenter at Chainpur in Bajhang. The earthquake occurred at 3:06 p.m. today, Tuesday afternoon. Earlier, an earthquake of magnitude 5.7 took place at 2:40 PM with the epicenter of Bajhang Talket today. So far, 11 injuries have got reported.
Govt warns not to create artifical shortage during festive season
Kathmandu: The government has drawn the attention of industrialists not to sell food and non-food items, which are in high demand during the festive season, by creating artificial shortages and raising unnatural prices. The meeting of the Council of Ministers held at Singhdarbar today, Tuesday, has asked the businessmen not to create artificial scarcity in… Continue reading Govt warns not to create artifical shortage during festive season
Security Board signs agreement with Private Equity Association to promote startups
Kathmandu: An agreement has been reached between Nepal Securities Board and Nepal Private Equity Association. The memorandum of understanding signed by Ramesh Kumar Hamal, Chairman of Securities Board and Siddhant Raj Pandey, Chairman of Nepal Private Equity Association. Both the organizations reached the agreement to promote cooperation and development between the private and alternative investment… Continue reading Security Board signs agreement with Private Equity Association to promote startups
MCC CEO Albright meet Finance Minister Mahat
Kathmandu: Finance Minister Prakasharan Mahat met Chief Executive Officer (CEO) of MCC Alice Albright. During the meeting, Finance Minister Mahat said that the success of the projects under MCC is mandatory and only if they can be implemented according to the stipulated time limit, budget limit and scope. He also expressed the idea that a… Continue reading MCC CEO Albright meet Finance Minister Mahat
US issues first ever fine for space junk to Dish Network
Kathmandu: The US government has issued its first ever fine to a company for leaving space junk orbiting the Earth. The Federal Communications Commission fined Dish Network $150,000 (£125,000) for failing to move an old satellite far enough away from others in use. The company admitted liability over its EchoStar-7 satellite and agreed to a… Continue reading US issues first ever fine for space junk to Dish Network
Nobel Prize for ‘attosecond physicists’ Agostini, L’Huillier and Krausz
Kathmandu: This year’s Nobel Prize in Physics rewards experiments with light that capture “the shortest of moments” and opened a window on the world of electrons. The award goes to Pierre Agostini, Ferenc Krausz and Anne L’Huillier. Their work demonstrated a way to create extremely short pulses of light that can be used to capture… Continue reading Nobel Prize for ‘attosecond physicists’ Agostini, L’Huillier and Krausz
World Bank projects a rebound in Nepal’s economic growth
Kathmandu: Nepal’s economy is expected to rebound to 3.9% in FY24 owing to a lagged impact of the lifting of import restrictions, strong rebound in tourism, and the gradual loosening of monetary policy, according to the World Bank’s twice-a-year country update. Released today, the Nepal Development Update, Restoring Export Competitiveness, projects Nepal’s economy to grow… Continue reading World Bank projects a rebound in Nepal’s economic growth