Tension rises in Kathmandu as monarchist and republican groups plan rival protests

Kathmandu: Kathmandu is bracing for heightened tensions on Friday as two opposing groups prepare for simultaneous protests. Monarchist demonstrators, led by the Monarchy Restoration Joint People’s Movement Committee, are calling for the restoration of the monarchy, following former King Gyanendra Shah’s video message on Democracy Day. The protest will take place in Tinkune. In response,… Continue reading Tension rises in Kathmandu as monarchist and republican groups plan rival protests

7th Annual Water and Peace Seminar 2025 begins in Kathmandu

Kathmandu: The 7th Annual Water and Peace Seminar 2025, on “Diplomacy, Dialogue, Discourses: Exploring Potentials and Challenges for Inclusive Water Cooperation,” is taking place in Kathmandu from March 26-27 at Hotel Himalaya, Nepal. It is a part of a week-long event which started on 24 March and concludes on 1 April and it brings together… Continue reading 7th Annual Water and Peace Seminar 2025 begins in Kathmandu

Parliament session adjourned amid opposition protest over Kulman Ghising’s dismissal

Kathmandu: The House of Representatives meeting scheduled for Wednesday was adjourned until Thursday following continuous obstruction by opposition lawmakers protesting the government’s decision to dismiss former Nepal Electricity Authority (NEA) Managing Director Kulman Ghising. The session, set to commence at 11:00 AM, was initially delayed by half an hour due to disruptions but was ultimately… Continue reading Parliament session adjourned amid opposition protest over Kulman Ghising’s dismissal

Russia-Ukraine agree to Black Sea Naval ceasefire

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Kathmandu: Russia and Ukraine have separately agreed to a naval ceasefire in the Black Sea in deals brokered by the US after three days of peace talks in Saudi Arabia, BBC reports. The agreements aim to reopen trade routes and enforce a ban on attacking each other’s energy infrastructure. However, Russia insists the ceasefire will… Continue reading Russia-Ukraine agree to Black Sea Naval ceasefire

South Korea wildfires kill 18, thousands evacuated

Kathmandu: At least 18 people have died and 19 others have been injured as wildfires continue to devastate South Korea’s southeast, BBC reports. Authorities have evacuated over 23,000 people, calling it an “unprecedented” disaster. The fires, which began in Sancheong county on Friday, have spread rapidly due to strong winds, reaching Uiseong and other nearby… Continue reading South Korea wildfires kill 18, thousands evacuated

Nepal’s trade deficit reaches Rs 987.39 billion despite export growth

Kathmandu: Nepal’s trade deficit has surged to Rs 987.39 billion in the last eight months of the current fiscal year, despite a 57.2% increase in exports. Total foreign trade reached Rs 1.3 trillion, with imports rising by 11.2% compared to the previous year. Petroleum imports remain a major contributor, with Rs 78.86 billion spent on… Continue reading Nepal’s trade deficit reaches Rs 987.39 billion despite export growth

Kulman Ghising dismissed as NEA MD, cites political motives

Kathmandu: The government has dismissed Kulman Ghising as the Managing Director of Nepal Electricity Authority (NEA), citing ten reasons, including insubordination, failure to implement board decisions, and unauthorized foreign trips. A three-page letter from the Ministry of Energy states that Ghising publicly criticized the government, fostered internal factionalism, and failed to collect overdue payments from… Continue reading Kulman Ghising dismissed as NEA MD, cites political motives

Nepal’s population to reach 33.5 million by 2108: NSO Report

Kathmandu: Nepal’s population is projected to reach 33.5 million by 2108, an increase of 4.3 million from the current 29.2 million, according to the National Statistics Office (NSO). The projection is based on thematic reports from the 2021 census, which indicate a declining population growth rate. NSO estimates the annual growth rate will fall from… Continue reading Nepal’s population to reach 33.5 million by 2108: NSO Report

‘Nepal-Myanmar Trade and Tourism Expo 2025’ concludes in Yangon

Kathmandu: The ‘Nepal-Myanmar Trade and Tourism Expo 2025’ has concluded in Yangon, aiming to strengthen bilateral ties and promote Buddhist tourism in Nepal. According to the Nepal Tourism Board, the expo served as a platform to invite Buddhist pilgrims from Myanmar to visit Nepal. The event was organized on March 21-22 to mark the 65th… Continue reading ‘Nepal-Myanmar Trade and Tourism Expo 2025’ concludes in Yangon

India, Nepal sign MoU to strengthen investment banking cooperation

Photo courtesy: eurasiareview.com

Kathmandu: The Association of Investment Bankers of India (AIBI) and the Merchant Bankers Association of Nepal (MBAN) have signed a Memorandum of Understanding (MoU) to enhance collaboration in the investment banking sector. According to a press release issued by AIBI, the agreement aims to promote capacity building, professional development, regulatory understanding, and best practices for… Continue reading India, Nepal sign MoU to strengthen investment banking cooperation