Biden administration renews demand for Texas to allow Border Patrol to access a key park

Kathmandu: A clash between Texas and the Biden administration over immigration enforcement showed no signs of easing Wednesday as federal officials renewed demands for the state to give Border Patrol agents access to a riverfront park that is a popular corridor for migrants illegally entering the U.S. Texas has installed rows of razor wire in… Continue reading Biden administration renews demand for Texas to allow Border Patrol to access a key park

Suspect arrested three years after killing rhino in ‘Chitwan National Park’

Kathmandu: Chitwan National Park (CNP) authorities have successfully arrested Khesar Bahadur Bohora, alias Tikaram Bohora, from Hetauda Sub-Metropolitan City-2 on January 23. The arrest comes three years after he allegedly killed a rhino in the Amaltari area of Nawalparasi on September 17, 2019. The suspect has been accused of not only shooting and killing the… Continue reading Suspect arrested three years after killing rhino in ‘Chitwan National Park’

Australian Ambassador Felicity Volk meets Nepal’s President Paudel to discuss bilateral relations

Ambassador of Australia to Nepal, Felicity Volk, paid a courtesy call on President Ram Chandra Paudel at the Rastrapati Bhawan, Shital Niwas, today. On the occasion, discussions were held on bilateral relations between Nepal and Australia and on matters of mutual interest and concern, the Office of the President said. President Paudel expressed the confidence… Continue reading Australian Ambassador Felicity Volk meets Nepal’s President Paudel to discuss bilateral relations

Fusemachines announces definitive agreement for business combination with CSLM Acquisition Corp.

Kathmandu: Fusemachines Inc., a prominent enterprise AI products and solutions provider, and CSLM Acquisition Corp. (NASDAQ: CSLM), a special purpose acquisition company, have officially entered into a definitive agreement for a business combination. This strategic move is expected to facilitate Fusemachines’ transition into a publicly traded company upon completion. Upon the fulfillment of customary closing… Continue reading Fusemachines announces definitive agreement for business combination with CSLM Acquisition Corp.

Government forms committee to assess the necessity of establishing a new stock exchange

Kathmandu: In a recent Cabinet meeting, the government has constituted a committee to delve into the requirement for a potential new stock exchange in Nepal. Chaired by former deputy governor of Nepal Rastra Bank (NRB), Chintamani Siwakoti, the study committee includes members with expertise in chartered accountancy and legal practice, although specific names have not… Continue reading Government forms committee to assess the necessity of establishing a new stock exchange

Germany commits €56 mn grant assistance to Nepal for energy and social initiatives

Kathmandu: Nepal and Germany have formalized a significant commitment, with Joint Secretary Shreekrishna Nepal of the Ministry of Finance and German Ambassador Thomas Prinz signing Financial and Technical Cooperation Agreements. The grant assistance, totaling up to 56 million Euros, was pledged by the Federal Republic of Germany in 2022. According to a statement from the… Continue reading Germany commits €56 mn grant assistance to Nepal for energy and social initiatives

Nepal govt explores management contract to restructure NAC

Kathmandu: The government is preparing to operate the national flag-carrier Nepal Airlines Corporation (NAC) under management contract.  Minister for Culture, Tourism and Civil Aviation Sudan Kirati said that processes have been advanced for the management contract of the NAC for its restructuring.  At a meeting of the International Relations and Tourism Committee of the House… Continue reading Nepal govt explores management contract to restructure NAC

Nepal launches ‘National Action Plan on Business and Human Rights’

Kathmadu: In an effort to promote responsible business practices and uphold human rights, Nepal has officially launched the ‘National Action Plan on Business and Human Rights 2080/81-2084/85 BS.’ The initiative was inaugurated by the Minister for Labour, Employment, and Social Security, Sharat Singh Bhandari, during a program held in the capital on Tuesday. Minister Bhandari… Continue reading Nepal launches ‘National Action Plan on Business and Human Rights’

Dwayne ‘The Rock’ Johnson gets rights to one of the most famous nicknames in entertainment

Kathmandu: It is a name that has become almost synonymous with professional wrestling but its bearer, Dwayne Johnson, has never legally owned “The Rock.” That will change under a new agreement with the WWE under which Johnson will also join the board of TKO Group, the sports and entertainment company that houses WWE and UFC.… Continue reading Dwayne ‘The Rock’ Johnson gets rights to one of the most famous nicknames in entertainment