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
Month: September 2024
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
Husband of missing Virginia woman to head to trial in early 2025
Kathmandu: When Mamta Kafle Bhatt disappeared in late July, members of her local community in northern Virginia and her family in her native Nepal banded together to try to figure out what happened to her. They posted on social media, hosted community events and held a rally for the 28-year-old mother and pediatric nurse. Within… Continue reading Husband of missing Virginia woman to head to trial in early 2025
Nepal and Germany conclude bilateral talks on development assistance in Berlin
Kathmandu: Bilateral talks between the governments of Nepal and Germany have successfully concluded in Berlin, with Germany agreeing to provide 51 million euros in financial and technical assistance to Nepal over the next two years. The assistance will be directed towards several key areas: improving the quality of health infrastructure and services, advancing green and… Continue reading Nepal and Germany conclude bilateral talks on development assistance in Berlin
PM Oli rules out immediate salary increases for civil servants
Kathmandu: Prime Minister KP Sharma Oli has announced that there are no immediate plans to increase salaries for civil servants. Speaking at the 21st Civil Service Day event in Kathmandu on Saturday, PM Oli addressed the concerns of civil servants, acknowledging their challenges but stating that the current economic climate does not support a salary… Continue reading PM Oli rules out immediate salary increases for civil servants