Kathmandu: In response to Prime Minister Pushpa Kamal Dahal’s directive, the Ministry of Energy has initiated preparations to revoke licenses of non-operational hydropower projects. The move comes as concerns rise over the trend of acquiring licenses without making tangible progress in project development. The Department of Electricity Development (DoED) has taken charge of the initiative,… Continue reading Energy Ministry takes action to revoke licenses of inactive hydropower projects
Month: December 2023
Nepal Foreign Trade Association protests power disconnections by NEA over tariff dispute
Kathmandu: The Nepal Foreign Trade Association (NFTA) has lodged a formal protest against the Nepal Electricity Authority (NEA) for disconnecting power lines to industries accused of non-payment of electricity tariffs related to the dedicated feeders and trunk lines. According to NFTA representatives, the NEA recently implemented a tariff hike of up to 67 percent in… Continue reading Nepal Foreign Trade Association protests power disconnections by NEA over tariff dispute
Cold spell grips Nepal: Meteorological division issues warning
Kathmandu: The Meteorological Forecasting Division of the Department of Hydrology and Meteorology has issued a cautionary advisory urging citizens to take necessary precautions against the intensifying cold wave sweeping across the country. A noticeable decrease in temperature has been observed, particularly in the Kathmandu Valley, prompting concerns about the rising cold. As of today, the… Continue reading Cold spell grips Nepal: Meteorological division issues warning
Nepal Insurance Authority launches sports insurance policy for athletes
Kathmandu: In a significant move to prioritize the well-being of athletes and sports personnel, the Nepal Insurance Authority (NIA) has unveiled a comprehensive sports insurance policy in collaboration with the National Sports Council. This initiative addresses the absence of a defined policy outlining insurance coverage for players, filling a crucial gap in the sports sector.… Continue reading Nepal Insurance Authority launches sports insurance policy for athletes
Travel agency arrested for facilitating human trafficking under the guise of visit visa
Kathmandu: Kathmandu Valley Crime Investigation Office has apprehended a prominent travel operator, Binod Karki, aged 45, on charges of assisting human smuggling. Karki, the proprietor of City Tours and Travels residing in Mahalaxmi Municipality-4, Imadol, Lalitpur, stands accused of sending individuals abroad on ‘visit visas’ based on forged documents. Superintendent of Police (SP) Rabindra Regmi… Continue reading Travel agency arrested for facilitating human trafficking under the guise of visit visa
Power supply disconnected to major industries over unpaid tariffs
Kathmandu: In a decisive move, the Nepal Electricity Authority (NEA) has disconnected electricity supply to several industries that have persistently refused to settle their outstanding electricity tariff dues for using dedicated and trunk lines. The disconnection, effective since Friday evening, comes in response to Prime Minister Pushpa Kamal Dahal’s explicit directive to the NEA to… Continue reading Power supply disconnected to major industries over unpaid tariffs
Nepali workers to secure opportunities in Romania: 20,000 visas approved for 2024
Kathmandu: Ministry of Labor, Employment, and Social Security, announced that a remarkable 20,000 Nepali workers will have the opportunity to work in Romania in the year 2024. This decision follows the recent signing of a bilateral labor agreement between Nepal and Romania in Asoj (mid-September to mid-October). The announcement was made during a program held… Continue reading Nepali workers to secure opportunities in Romania: 20,000 visas approved for 2024
Critical study reveals challenges in reintegration of Nepali migrant workers
Kathmandu: A recent study conducted by the Pravasi Nepali Coordination Committee (PNCC) sheds light on the precarious economic situation faced by Nepali migrant workers upon their return from foreign employment. Despite expectations of an improved financial status upon returning home, the study indicates that a significant number of returnees are still at financial risk. The… Continue reading Critical study reveals challenges in reintegration of Nepali migrant workers
Himalaya Airlines to operate direct chartered flight to Phuket from Kathmandu
Kathmandu: Rupsey Holidays has revealed plans for a direct chartered flight from Kathmandu, Nepal, to the renowned tourist hotspot, Phuket, Thailand, set to take off on January 21. This initiative, spearheaded by Himalaya Airlines, signifies a historic moment as it establishes the first-ever direct air link between the two prominent tourist hubs. Ramesh Parajuli, the… Continue reading Himalaya Airlines to operate direct chartered flight to Phuket from Kathmandu
Weekly US unemployment claims rise slightly but job market remains strong as inflation eases
Kathmandu: The number of Americans applying for unemployment benefits rose slightly last week but still remained at historically low levels despite high interest rates intended to slow hiring and cool the economy. The Labor Department reported Thursday that jobless claims were up by 2,000 to 205,000 the week that ended Dec. 16. The four-week average… Continue reading Weekly US unemployment claims rise slightly but job market remains strong as inflation eases