Kathmandu: Nepal Rastra Bank (NRB) is set to enhance digital payment systems to streamline cross-border financial transactions, addressing concerns raised by traders. NRB Governor Maha Prasad Adhikari announced these initiatives, noting that the upcoming monetary policy will introduce measures to boost digital platforms for cross-border payments. Adhikari emphasized that NRB has already authorized payment service… Continue reading NRB expands digital payment systems to ease cross-border transactions
Month: July 2024
Relentless rains cause 83 deaths and displace thousands in Nepal
Kathmandu: At least 83 people have so far died in disaster-related incidents, including landslides and floods, triggered by relentless rains across the country. The Nepal Police Headquarters stated that 33 men, 25 women and 25 children have died in such incidents in various places of the country from June 10 till Wednesday morning. Central Police… Continue reading Relentless rains cause 83 deaths and displace thousands in Nepal
Justin Bieber performs at India’s mega wedding
Kathmandu: Justin Bieber has become the latest in a string of international stars to perform for the son of India’s richest man and his wife-to-be as they celebrate their upcoming wedding. The Canadian singer flew in to perform for Anant Ambani and Radhika Merchant – along with their guests – in Mumbai at the weekend.… Continue reading Justin Bieber performs at India’s mega wedding
Nepal to export electricity to Bangladesh under tripartite agreement
Kathmandu: Bangladesh Power Development Board (BPDB) has officially accepted Nepal Electricity Authority’s (NEA) bid to purchase 40 megawatts (MW) of electricity for the upcoming monsoon season. The agreement, set to span five years, marks a significant step in regional energy cooperation. The correspondence, issued on Monday, confirms BPDB’s approval of NEA’s bid submission, adhering to… Continue reading Nepal to export electricity to Bangladesh under tripartite agreement
15 individuals charged for fake driving license scam
Kathmandu: District Public Prosecutor’s Office has initiated legal action against 15 individuals implicated in a fraudulent scheme aimed at obtaining personal gains through the creation of counterfeit driving licenses. The case has been formally lodged at the Kathmandu District Court. Among the accused is Keshav Aryal, formerly the head of the Transport Management Office, alongside… Continue reading 15 individuals charged for fake driving license scam
PM Dahal urges intensified rescue and relief efforts amidst natural disasters
Kathmandu: Prime Minister Pushpa Kamal Dahal has directed all relevant agencies to intensify their efforts in rescuing and providing relief to citizens impacted by the ongoing natural disasters. Expressing his concerns on his official Facebook account, Prime Minister Dahal conveyed his sorrow over the significant property damage caused by widespread floods resulting from continuous downpours… Continue reading PM Dahal urges intensified rescue and relief efforts amidst natural disasters
Gold price hits new record in domestic market
Kathmandu: The price of gold has reached a new record high in the country. On Sunday, gold prices surged by Rs 1,000 per tola, hitting an all-time high of Rs 145,400 per tola in the domestic market, according to the Federation of Nepal Gold and Silver Dealers’ Associations (FENEGOSIDA). This new peak surpasses the previous… Continue reading Gold price hits new record in domestic market
Continuous monsoon rains wreak havoc across the country
Kathmandu: Friday night, the country has been battered by continuous monsoon rains, causing widespread disruption and damage. The relentless downpour has led to severe flooding in the Terai and landslides in the hilly regions, severely impacting daily life. The heavy rainfall has resulted in waterlogged roads and significant disruptions to electricity and drinking water services… Continue reading Continuous monsoon rains wreak havoc across the country
Monsoon rainfall sweeps across Nepal: heavy showers expected in several provinces tonight
Kathmandu: The country is experiencing rainfall due to the influence of Monsoon winds today. Most of the places in Bagmati, Gandaki and Lumbini are receiving light to moderate rain, while rainfall is taking place in some places of the rest of the country. According to the Department of Hydrology and Meteorology, there will be light… Continue reading Monsoon rainfall sweeps across Nepal: heavy showers expected in several provinces tonight
CAN announces Nepal Premier League (NPL)
Kathmandu: Cricket Association of Nepal (CAN) has announced plans to host the Nepal Premier League (NPL) in November-December this year. However, the exact dates for the tournament have not been disclosed. In its meeting held on Thursday, CAN also decided to form a three-member committee led by the General Manager to establish criteria for the… Continue reading CAN announces Nepal Premier League (NPL)