Private sector demands policy stability, investment promotion through new budget

Kathmandu: The private sector has emphasized that the budget for the upcoming fiscal year 2082-83 BS (2025-26) should open avenues for policy stability and investment. In a meeting of the Finance Committee, House of the Representatives (HoR) today, the representatives from private sector called for announcing the upcoming decade (2082-2092 BS) as an ‘investment decade’… Continue reading Private sector demands policy stability, investment promotion through new budget

Massive influx of electric vehicles amid fears of tax hike in upcoming budget

Photo: RSS

Kathmandu: With the government actively preparing the new fiscal year’s budget, a surge of electric vehicles (EVs) has entered Nepal. Fears that taxes on EVs might increase in the upcoming budget—set to be announced on Jestha 15 (May 28)—have led importers to bring in large numbers of vehicles in advance. As a result, the parking… Continue reading Massive influx of electric vehicles amid fears of tax hike in upcoming budget

Health Minister calls for global cooperation at World Health Assembly

Kathmandu: Nepal’s Minister for Health and Population, Pradeep Paudel, emphasized the need for global cooperation to ensure equitable access to healthcare during his address at the 78th World Health Assembly in Geneva, Switzerland. Speaking at the ongoing assembly organized by the World Health Organization (WHO), Minister Paudel stated that overcoming existing global health challenges requires… Continue reading Health Minister calls for global cooperation at World Health Assembly

China Tourism Day observed in Kathmandu

Kathmandu: The China Tourism Day was marked in Kathmandu by organizing an event on Tuesday evening. The event was jointly organized by China Cultural Center, China National Tourist Office and China Southern Airlines in Kathmandu that witnessed participation of business community, travel fraternity from Nepal, Chinese business community, government officials and other stakeholders. China marks… Continue reading China Tourism Day observed in Kathmandu

Chief Justice Raut administers oath of office to new NRB Governor

Photo Courtesy: RSS

Kathmandu: Chief Justice Prakashman Singh Raut has administered the oath of office and secrecy to newly appointed Governor of the Nepal Rastra Bank (NRB), Dr Biswo Nath Poudel. The CJ Raut administered the oath to economist Dr Poudel amid a ceremony held at the Supreme Court today. The meeting of Council of Ministers convened on… Continue reading Chief Justice Raut administers oath of office to new NRB Governor

Bishwanath Poudel appointed 18th Governor of Nepal Rastra Bank

Kathmandu: Dr. Bishwanath Poudel has been named the 18th Governor of Nepal Rastra Bank, ending months of uncertainty over the central bank’s leadership. At a Tuesday evening Cabinet meeting, ministers approved Dr. Poudel’s appointment, a move that also helped defuse a brewing political crisis surrounding the governor’s post. Earlier that day, a high‑level recommendation committee… Continue reading Bishwanath Poudel appointed 18th Governor of Nepal Rastra Bank

India to resume border ceremony with Pakistan

Kathmandu: India said Tuesday it would resume a daily border ceremony with neighbouring Pakistan which it briefly halted earlier this month following the most serious conflict between the nuclear armed arch-rivals for decades. At least 60 people died in fighting triggered by an April 22 attack on tourists in Indian-administered Kashmir that New Delhi accused… Continue reading India to resume border ceremony with Pakistan

Nepal-China ties marked by progress, dynamism: Foreign Secretary Rai

Kathmandu: Foreign Secretary Amrit Bahadur Rai has said that founded on Panchasheel, the five principles of peaceful coexistence, Nepal-China relations have been cordial and friendly, covering multiple areas of mutual concerns and mutual interest. During his address to a joint seminar organised by Policy Research Institute of Nepal and National Institute of International Strategy (NISS)… Continue reading Nepal-China ties marked by progress, dynamism: Foreign Secretary Rai