Kathmandu: Nepali students pursuing higher education abroad have taken Rs 64.15 billion out of the country in the first seven months of the current fiscal year, according to data released by Nepal Rastra Bank (NRB). The NRB report highlights that under the services account, overall travel expenses have surged by 10.6 percent, reaching Rs 115.88… Continue reading Nepali students spend Rs 64.15 bn on foreign education in seven months
Month: March 2025
Nepal declares 2025-2035 as Internal Employment Promotion Decade
Kathmandu: The Nepalese government has declared the decade from 2025 to 2035 as the Internal Employment Promotion Decade, aiming to generate more job opportunities within the country. The announcement was made during the inaugural session of the ‘National Labor and Employment Conference-2081’ organized by the Ministry of Labor, Employment, and Social Security. As part of… Continue reading Nepal declares 2025-2035 as Internal Employment Promotion Decade
Ukran President Zelenskyy meets Saudi Crown Prince as Ukraine-U.S. talks Begin in Jeddah
Kathmandu: Ukrainian President Volodymyr Zelenskyy arrived in Saudi Arabia on Monday for a meeting with Crown Prince Mohammed bin Salman ahead of high-stakes discussions between Ukrainian and U.S. officials regarding military aid and intelligence-sharing. The talks come in the wake of a heated Oval Office exchange between Zelenskyy and U.S. leaders during his February 28… Continue reading Ukran President Zelenskyy meets Saudi Crown Prince as Ukraine-U.S. talks Begin in Jeddah
President Paudel calls for climate justice at Nepal Geological Congress
Kathmandu: President Ramchandra Paudel has emphasized the need for climate justice for countries like Nepal, which have minimal contributions to climate change but face its severe consequences. Speaking at the inauguration of the 11th Nepal Geological Congress organized by the Nepal Geological Society on Monday, Paudel stressed that Nepal must raise the issue of climate… Continue reading President Paudel calls for climate justice at Nepal Geological Congress
Thousands rally in Kathmandu demanding monarchy amid political, economic unrest
Kathmandu: A massive crowd of monarchy supporters took to the streets of Kathmandu on Sunday, demanding the restoration of Nepal’s monarchy amid growing dissatisfaction with the country’s political and economic situation. The rally coincided with the return of former King Gyanendra Shah, who traveled from Pokhara to Kathmandu via a chartered Simrik Air helicopter, landing… Continue reading Thousands rally in Kathmandu demanding monarchy amid political, economic unrest
Lamichhane moves high court against Rs 10 mn bail in cooperative fraud case
Kathmadu: Rastriya Swatantra Party (RSP) Chairman Rabi Lamichhane has moved the Butwal High Court, seeking cancellation of the Rs 10 million bail imposed on him in the Rupandehi Supreme Cooperative case. The Butwal bench confirmed on Monday that Lamichhane’s petition has been registered. He argues that the bail order issued by the Rupandehi District Court… Continue reading Lamichhane moves high court against Rs 10 mn bail in cooperative fraud case
Nepal’s banking sector at high risk of money laundering, warns NRB Governor
Kathmandu: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari has warned that the country’s banking system remains the most vulnerable sector to money laundering. Speaking at the AML Conference 2025 on Friday, Adhikari expressed concerns over financial institutions being exploited for illicit transactions. “Nepal’s banking system is highly sensitive. Individuals engaged in misconduct are using… Continue reading Nepal’s banking sector at high risk of money laundering, warns NRB Governor
Clash erupts in Pokhara over religious event, several injured
Kathmandu: Several people were injured on Friday as a clash broke out between locals and Pokhara City Police personnel over a religious event organized by the Manav Sewa Foundation at Lakeside. The violence erupted after municipal authorities opposed the Bhumi Pujan Maha Yagya, citing that the event was being conducted on disputed land without the… Continue reading Clash erupts in Pokhara over religious event, several injured
Loan limit on EV purchases comes into effect
Kathmandu: Nepal Rastra Bank’s new policy limiting bank and financial institution loans to a maximum of 60% of the value of electric vehicles (EVs) has officially come into effect. The central bank implemented the policy after issuing directives following a monetary policy review. Previously, banks and financial institutions provided loans covering up to 80% of… Continue reading Loan limit on EV purchases comes into effect
Provinces to begin printing driving licenses from July 17
Kathmandu: Provincial governments in Nepal will take full responsibility for printing driving licenses starting July 17, 2025, Minister for Physical Infrastructure and Transport Devendra Dahal announced. During a meeting on Tuesday with transport ministers and secretaries from all seven provinces, Minister Dahal urged them to decide whether to procure machines for printing license cards or… Continue reading Provinces to begin printing driving licenses from July 17