Nepal’s trade deficit surpasses Rs 460 billion in first four months of FY 2023-24

Kathmandu: As of mid-November in the current fiscal year (FY 2023-24), Nepal has recorded a trade deficit exceeding Rs 460 billion, according to data released by the Department of Customs.The figures reveal a trade deficit of Rs 461.93 billion, with the country’s foreign trade volume reaching over Rs 563 billion and import volume exceeding Rs… Continue reading Nepal’s trade deficit surpasses Rs 460 billion in first four months of FY 2023-24

Tragic school bus accident claims three lives in Udayapur

Kathmandu: A bus belonging to the Annapurna School in Triyuga Municipality-5 Deuri met a fatal accident in Udayapurgarhi Rural Municipality-7 Andheri on Saturday afternoon. The accident resulted in the loss of three lives, including the bus driver, while 39 passengers sustained injuries. The ill-fated bus, returning from a picnic, met with the accident as per… Continue reading Tragic school bus accident claims three lives in Udayapur

Provincial govt to rebuild structures damaged in Jajarkot earthquake

Kathmandu: Economic Affairs and Planning Minister Bedraj Singh announced that the provincial government is set to undertake the reconstruction of government and public structures damaged by the recent earthquake in Jajarkot. The earthquake has left a significant impact on government offices, schools, police facilities, and water supply and irrigation projects in the affected areas. Minister… Continue reading Provincial govt to rebuild structures damaged in Jajarkot earthquake

Tihar flower trade: Rs. 240 mn turnover, Rs. 7 Crores less than last year

Kathmandu: In this year’s Tihar festival, the flower trade reached a total turnover of Rs. 240 million, as reported by Floriculture Association Nepal (FAN). Although the flower production was good, prices were lower compared to last year, resulting in a decrease of Rs. 2 crores from the previous year’s turnover of Rs. 26 crores. The… Continue reading Tihar flower trade: Rs. 240 mn turnover, Rs. 7 Crores less than last year

Govt recognizes major contributors to tax revenue

Kathmandu: The government has honored the outstanding taxpayers. Finance Minister Dr Prakash Sharan Mahat today honored the ‘best taxpayers’ from various sectors at the closing ceremony of the Tax Week organized on the occasion of the National Tax Day, 2080. The Nepal Telecommunications Company (Nepal Telecom) has been honored for being the biggest taxpayer in… Continue reading Govt recognizes major contributors to tax revenue

Clash erupts between Durga Prasai supporters and CPN-UML Yuwa Sangh in Balkhu today

Kathmandu: Tensions flared in the Balkhu area as demonstrators affiliated with the Durga Prasai group clashed with cadres of the CPN-UML’s youth wing, resulting in a stone-pelting altercation.Eyewitnesses report that the confrontation began when members of the UML-affiliated Yuwa Sangh arrived in Balkhu, where Durga Prasai’s supporters were conducting a demonstration today. Despite the District… Continue reading Clash erupts between Durga Prasai supporters and CPN-UML Yuwa Sangh in Balkhu today

BTS’s RM, Jimin, V and Jung Kook begin military enlistment process

Kathmandu: The four BTS band members who have yet to start mandatory military service have begun the process of enlisting. The K-pop stars’ label asked fans to continue giving support to RM, Jimin, V and Jung Kook until they return safely from conscription. In South Korea nearly all able-bodied men are obliged to enlist, like… Continue reading BTS’s RM, Jimin, V and Jung Kook begin military enlistment process

Climate change: Rise in Google searches around ‘anxiety’

Kathmandu: Online search queries related to “climate anxiety” have risen, according to data gathered by Google and shared exclusively with BBC 100 Women. Studies also suggests that women are more affected by climate anxiety than men. The rise of wildfires, floods and droughts around the world are just some of the highly visible signs of… Continue reading Climate change: Rise in Google searches around ‘anxiety’

Health Ministry proposes to introduce medical education in govt hospitals

Kathmandu: To tackle the shortage of health workers in Nepal, the Ministry of Health and Population has submitted a proposal to the Medical Education Commission. Health Minister Mohan Basnet announced this initiative during a press conference at the Ministry of Health on Wednesday. The proposal suggests introducing paramedics and nursing subjects in government hospitals with… Continue reading Health Ministry proposes to introduce medical education in govt hospitals

TIA to resume duty free shop

Kathmandu: Tribhuvan International Airport (TIA) in Kathmandu is set to reintroduce a ‘Duty Free Shop’ within its premises. The TIA Office has initiated the bidding process for this tax-free shop, which is planned to be situated in the international terminal building. The designated locations include the first floor of the departure side and proximity to… Continue reading TIA to resume duty free shop