Nepal hosts second international conference on Resilient and Inclusive Social Protection

Kathmandu: The Government of Nepal National Planning Commission, in partnership with UNICEF and the World Bank, is organizing the second international conference on social protection in Kathmandu today and tomorrow. Inaugurated by the Honorable Deputy Prime Minister and Finance Minister Bishnu Paudel, the conference titled “Resilient and Inclusive Social Protection: Investing in Human Capital Development”… Continue reading Nepal hosts second international conference on Resilient and Inclusive Social Protection

FNCCI and CIMMYT host National Workshop to Strengthen Agribusiness MSMEs in Nepal

Kathmandu: The Federation of Nepalese Chambers of Commerce and Industry’s (FNCCI) Agro Enterprise Centre (AEC), in collaboration with United States Agency for International Development (USAID) Nepal Seed and Fertiliser Programme, hosted a successful two-day National Workshop on the “Status, Opportunities, and Challenges of Agribusiness Micro, Small, and Medium Enterprises (MSMEs) inNepal” on September 10 and… Continue reading FNCCI and CIMMYT host National Workshop to Strengthen Agribusiness MSMEs in Nepal

CIAA launches investigation into alleged E-Passport scam with IDEMIA

Kathmandu: The Commission for the Investigation of Abuse of Authority (CIAA) has initiated a probe into a potential e-passport scam involving the French company IDEMIA. IDEMIA, which was contracted to print two million e-passports for Nepal, is under scrutiny for alleged financial mismanagement. The investigation focuses on discrepancies in the contract and production processes. IDEMIA… Continue reading CIAA launches investigation into alleged E-Passport scam with IDEMIA

Govt resumes land plotting process across Nepal

Kathmandu: In a significant policy shift, the government has decided to lift the suspension on land plotting, following a recent Cabinet meeting. The decision was made based on a proposal from the Ministry of Land Management, Cooperatives, and Poverty Alleviation, allowing for land plotting to resume nationwide. Previously, out of 753 municipalities across the country,… Continue reading Govt resumes land plotting process across Nepal

Harris and Trump to debate in pivotal campaign test

Kathmandu: Presidential debates matter in American politics. And the one that takes place on Tuesday night between Donald Trump and Kamala Harris – their only currently scheduled face-off – may matter more than most. Joe Biden’s poor performance in the first presidential debate in late June created a firestorm of pressure within the Democratic Party… Continue reading Harris and Trump to debate in pivotal campaign test

Apple unveils iPhone 16 Pro and iPhone 16 Pro Max

Kathmandu: In a highly anticipated announcement, Apple has unveiled its latest flagship smartphones, the iPhone 16 Pro and iPhone 16 Pro Max, complementing the iPhone 16 and iPhone 16 Plus introduced earlier this year. These new models are positioned as the company’s premium offerings, featuring enhanced screens and advanced camera capabilities compared to their more… Continue reading Apple unveils iPhone 16 Pro and iPhone 16 Pro Max

Foundation for economic reforms being laid: Dhakal

Kathmandu: Chandra Prasad Dhakal, President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), has stated that the foundation for economic reforms is being laid in the country. Dhakal made this remark during a meeting with Imad Fakhoury, Regional Director for South Asia at the International Finance Corporation, at the FNCCI Secretariat on… Continue reading Foundation for economic reforms being laid: Dhakal

Bollywood stars Deepika Padukone and Ranveer Singh welcome first child on Ganesh Chaturthi

Kathmandu: In a joyous development coinciding with Ganesh Chaturthi, Bollywood’s beloved couple Deepika Padukone and Ranveer Singh have welcomed their first child, a baby girl, according to media reports. The couple had earlier visited Mumbai’s renowned Siddhivinayak Temple to seek blessings from Lord Ganesha for their new arrival. The timing of their daughter’s birth, aligning… Continue reading Bollywood stars Deepika Padukone and Ranveer Singh welcome first child on Ganesh Chaturthi

NRB to drain Rs 100 bn from excess liquidity

Kathmandu: In response to the excess liquidity in the banking system, the Nepal Rastra Bank (NRB) will undertake a significant liquidity absorption operation on Sunday. The central bank has announced plans to withdraw Rs 100 billion through a bidding instrument. The NRB’s move follows a previous operation on August 18, where it mopped Rs 100… Continue reading NRB to drain Rs 100 bn from excess liquidity

New legislation imposes stricter penalties for cheque bouncing

Kathmandu: Under newly passed legislation, individuals convicted of cheque bouncing may face imprisonment ranging from one month to two years. This development was confirmed during a recent meeting of the Finance Committee on the Banking Offenses and Punishment (Second Amendment) Bill, 2080. The committee detailed that the length of imprisonment will be contingent upon the… Continue reading New legislation imposes stricter penalties for cheque bouncing