Kathmandu: Nepal received Rs 763.08 billion in remittances in the first six months of the current fiscal year, marking a 4.1% increase compared to the same period last year, according to the Ministry of Finance’s mid-term review report released Thursday. However, remittance growth slowed significantly compared to last year’s 22.2% rise during the same period.… Continue reading Nepal receives Rs 763.08 billion in remittance in 6 months
Month: February 2025
US Dollar hits record high of Rs 140.43 against Nepali Rupee
Kathmandu: The US dollar surged to an all-time high against the Nepali rupee, reaching Rs 140.43 on Friday, according to Nepal Rastra Bank (NRB). Some money exchangers offered rates exceeding Rs 141. This new peak surpasses the previous record of Rs 139.80 set on Tuesday. By Thursday, the exchange rate had already climbed to Rs… Continue reading US Dollar hits record high of Rs 140.43 against Nepali Rupee
Finance Ministry delays stall 10th National Sports Competition: Sports Ministry
Kathmandu: Minister for Youth and Sports Teju Lal Chaudhary has blamed the Finance Ministry for delaying the approval of guidelines and financial procedures, halting preparations for the 10th National Sports Competition. Speaking at a parliamentary committee meeting on Friday, Chaudhary said repeated requests to the Finance Minister went unanswered due to administrative bottlenecks. “Officials keep… Continue reading Finance Ministry delays stall 10th National Sports Competition: Sports Ministry
Trump administration to withdraw USAID workers, shutting down global aid programs
Kathmandu: The Trump administration has ordered the withdrawal of nearly all U.S. Agency for International Development (USAID) workers from the field, effectively dismantling a six-decade mission that combats global poverty, disease, and food insecurity. The move, announced Tuesday, follows weeks of mass layoffs and funding freezes. Thousands of projects in over 120 countries—including security aid… Continue reading Trump administration to withdraw USAID workers, shutting down global aid programs
Trump proposes U.S. redevelopment of Gaza, Allies reject idea
Kathmandu: Former U.S. President Donald Trump has suggested permanently resettling displaced Palestinians outside Gaza and proposed U.S. “ownership” in transforming the war-torn territory into the “Riviera of the Middle East.” Speaking alongside Israeli Prime Minister Benjamin Netanyahu, Trump claimed the U.S. would take over Gaza’s reconstruction after resettling its population elsewhere. The proposal drew swift… Continue reading Trump proposes U.S. redevelopment of Gaza, Allies reject idea
Duke and Duchess of Edinburgh meet Nepal’s President to strengthen bilateral ties
Kathmandu: The Duke of Edinburgh, Prince Edward, and the Duchess of Edinburgh, Sophie, paid a courtesy call on President Ramchandra Paudel during their official visit to Nepal. The meeting focused on Nepal-UK relations, mutual interests, and key issues such as climate change and the Gurkha connection, according to the President’s Secretariat. During the meeting, Major… Continue reading Duke and Duchess of Edinburgh meet Nepal’s President to strengthen bilateral ties
Nepali Embassy in Muscat begins issuing labor permits for Nepali workers in Oman
Kathmandu: The Embassy of Nepal in Muscat has officially begun issuing labor permits to Nepali workers legally employed in Oman who had not previously obtained one from Nepal. This initiative, the first of its kind abroad, was launched on January 31, 2025, in Salalah, Oman. Nepali workers currently employed in Oman without prior labor approval… Continue reading Nepali Embassy in Muscat begins issuing labor permits for Nepali workers in Oman
Nepal govt to establish Nepal’s first Consumer Court
Kathmandu: The government has decided to set up the country’s first consumer court, a move long envisioned by the Consumer Protection Act, which was endorsed six years ago. A Cabinet meeting on Monday approved the establishment of the first judicial body of its kind. Initially, the consumer court will operate in the Kathmandu Valley to… Continue reading Nepal govt to establish Nepal’s first Consumer Court
NCC signs MoU to boost E-sports, sports, and fitness industry in Nepal
Kathmandu: The Nepal Chamber of Commerce (NCC) Education & Sports Committee has signed a three-year Memorandum of Understanding (MoU) to support major sports, fitness, and esports events in Nepal. The agreement, inked in the presence of NCC President Kamlesh Agrawal and Senior Vice President Deepak Malhotra, aims to strengthen Nepal’s esports ecosystem and promote the… Continue reading NCC signs MoU to boost E-sports, sports, and fitness industry in Nepal
ChildSafeNet and TikTok conducting Digital Safety Training for children in 7 districts
Kathmandu: ChildSafeNet has signed Memoranda of Understanding (MoUs) with 14 schools across seven districts in Nepal, spanning Koshi, Bagmati, and Gandaki provinces, to conduct digital safety training sessions and workshops for students, teachers, and parents. This initiative is being implemented in collaboration with TikTok. As part of this initiative, ChildSafeNet organised a three-day Training of… Continue reading ChildSafeNet and TikTok conducting Digital Safety Training for children in 7 districts