Real estate transactions rise in Kartik, revenue collection declines

Kathmandu: Real estate transactions across Nepal saw notable improvement in Kartik (mid-October to mid-November), with over 33,000 properties bought and sold during the month. According to the Department of Land Management and Archives (DoLMA), a total of 33,514 deeds were approved, marking a 9.78% increase compared to Ashoj (mid-September to mid-October), when 30,527 transactions were… Continue reading Real estate transactions rise in Kartik, revenue collection declines

Ncell partners with CAN as ‘Powered By’ sponsor for Nepal Premier League 2024

Kathmandu: Ncell has announced its partnership with the Cricket Association of Nepal (CAN) as the ‘Powered By’ sponsor for the upcoming Siddhartha Bank Nepal Premier League (NPL) 2024. The professional franchise-based T20 cricket tournament, featuring eight teams and 32 matches, will kick off on November 30 at the Tribhuvan University International Cricket Ground, Kirtipur, and… Continue reading Ncell partners with CAN as ‘Powered By’ sponsor for Nepal Premier League 2024

Nepal records Rs 407.31 bn in remittance inflows in first quarter

Kathmandu: Nepal received Rs 407.31 billion in remittances during the first three months of the current fiscal year, reflecting an 11.5% increase compared to the same period last year, according to the Nepal Rastra Bank (NRB). The central bank’s Current Macroeconomic and Financial Situation of Nepal report, based on data up to mid-October, showed that… Continue reading Nepal records Rs 407.31 bn in remittance inflows in first quarter

Nepal, India agree to form joint task force for border security

Kathmandu: Authorities from Nepal and India have agreed to prioritize the formation of a joint task force to strengthen border security and prevent illegal entry of third-country nationals across the Nepal-India border. The decision was made during the ongoing APF-SSB Eighth Coordination Meeting in Kathmandu, which began on Saturday. The meeting, aimed at enhancing coordination… Continue reading Nepal, India agree to form joint task force for border security

Australia secures T20 Series win against Pakistan

Kathmandu: Australia defeated Pakistan by 13 runs in the second T20 International, clinching the three-match series 2-0. The match, held at Sydney, saw Pakistan fall short of the 148-run target, getting bowled out for 134 runs in 19.4 overs.Usman Khan top-scored for Pakistan with 52 runs, while Irfan Khan added an unbeaten 37. Despite their… Continue reading Australia secures T20 Series win against Pakistan

Jake Paul beats 58-year-old Mike Tyson as the hits don’t match the hype

Kathmandu: The boos from a crowd wanting more action were growing again when Jake Paul dropped his gloves before the final bell, and bowed toward 58-year-old Mike Tyson. Paying homage to one of the biggest names in boxing history didn’t do much for the fans that filled the home of the NFL’s Dallas Cowboys on… Continue reading Jake Paul beats 58-year-old Mike Tyson as the hits don’t match the hype

Dengue outbreak in Gandaki Province affects over 18,000, claims 8 lives

Kathmandu: Dengue has been confirmed in 18,339 individuals across Gandaki Province in the last ten months, with eight fatalities reported, according to the Ministry of Health of the provincial government. The first recorded death was a 48-year-old man from Tanahu on July 25, 2024. Subsequent fatalities included a 40-year-old man on August 6 and a… Continue reading Dengue outbreak in Gandaki Province affects over 18,000, claims 8 lives

Bhat-Bhateni Supermarket honored as highest taxpayer in commodity trade

Kathmandu: The government recognized Bhat-Bhateni Supermarket and Departmental Store for its significant contribution to the national treasury, honoring it as the highest taxpayer in the commodity trade sector for the fiscal year 2022/23. During a special event organized by the Inland Revenue Department (IRD) to mark Tax Day, Finance Minister Bishnu Paudel presented the award… Continue reading Bhat-Bhateni Supermarket honored as highest taxpayer in commodity trade

Court ruling enables demolition of encroached structures at Gaushala Chowk

Kathmandu: The Kathmandu Metropolitan City (KMC), assisted by city police personnel, demolished encroached structures at Gaushala Chowk on Friday afternoon, using two bulldozers. The operation followed a ruling by the Kathmandu District Court on Thursday, which clarified the legal ownership of the property and authorized strict actions against unauthorized constructions. The demolition targeted temporary and… Continue reading Court ruling enables demolition of encroached structures at Gaushala Chowk

Nepal to export electricity to Bangladesh after India clears cross-border trade

Kathmandu: In a significant development for regional energy trade, Nepal has secured India’s approval to export electricity to Bangladesh, paving the way for the first-ever cross-border power trade between Nepal and a third country.This breakthrough follows the tripartite agreement signed on October 3, 2024, between Nepal, India, and Bangladesh, which allows Nepal to transmit its… Continue reading Nepal to export electricity to Bangladesh after India clears cross-border trade