Kathmandu: The Ministry of Finance has formed a Budget Drafting Committee in preparation for the upcoming fiscal year 2024/25. The Ministry’s secretariat has informed that the committee’s formation for the fiscal year ahead has been finalized. Under the coordination of Joint Secretary Dhani Ram Sharma, the Budget Drafting Committee has been established to prepare the… Continue reading Budget drafting committee formed ahead of fiscal year 2024/25
Author: vishwasandesh
Gold prices surge, setting new record in Nepali market
Kathmandu: The domestic gold market witnessed a remarkable surge in prices on Friday, as gold climbed by Rs 2,100 per tola, reaching an all-time high. Similarly, silver prices also saw an increase, rising by Rs 15 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is now being traded… Continue reading Gold prices surge, setting new record in Nepali market
Labour Minister Dol Prasad Aryal announces suspension of individual work permits for Russia
Kathmandu: Minister for Labour, Employment, and Social Security, Dol Prasad Aryal, clarified that work permits are not being issued to individuals going to Russia. Speaking at a program titled “Kathmandu ko Aakhama Karnali” (Karnali in the eyes of Kathmandu) organized by the Rastriya Swatantra Party, Minister Aryal, who is also the Vice-chair of the Party,… Continue reading Labour Minister Dol Prasad Aryal announces suspension of individual work permits for Russia
Nepal and China commit to Fast-Track Belt and Road Initiative implementation
Kathmandu: To expedite Belt and Road Initiative (BRI) projects, Nepal and China have agreed to swiftly finalize the BRI Implementation Plan, aiming to accelerate the progress of infrastructure undertakings. The decision was reached during a high-level delegation meeting held between Deputy Prime Minister and Foreign Minister Narayan Kaji Shrestha and his Chinese counterpart Wang Yi… Continue reading Nepal and China commit to Fast-Track Belt and Road Initiative implementation
WHO unveils CoViNet, a global network for Coronavirus surveillance and rapid response
Kathmandu: World Health Organization (WHO) unveiled on Wednesday a pioneering initiative dubbed CoViNet. This network aims to revolutionize the early detection, monitoring, and assessment of coronaviruses, including SARS-CoV-2, MERS-CoV, and potential novel strains of public health significance. CoViNet represents an expansion of the COVID-19 reference laboratory network established by WHO during the nascent stages of… Continue reading WHO unveils CoViNet, a global network for Coronavirus surveillance and rapid response
Corruption case filed against 19 individuals over irregularities in MDMS purchase
Kathmandu: Commission for the Investigation of Abuse of Authority (CIAA) has initiated legal proceedings against 19 individuals on charges of corruption related to the purchase of the Mobile Device Management System (MDMS). According to Dhan Bahadur Karki, spokesperson for the special court, key figures implicated in the case include former Chairman of Nepal Telecommunication Authority… Continue reading Corruption case filed against 19 individuals over irregularities in MDMS purchase
Nepal renews agreement to import 554 MW electricity from India
Kathmandu: Nepal has recently inked a crucial agreement with India to import 554 megawatts (MW) of electricity, as confirmed by the Nepal Electricity Authority (NEA). This renewed electricity import pact between Nepal and India spans a duration of three months, effective from March 30. Chandan Kumar Ghosh, head of the NEA’s load dispatch center, revealed… Continue reading Nepal renews agreement to import 554 MW electricity from India
783 million people face chronic hunger. Yet the world wastes 19% of its food, UN says
Kathmandu: The world wasted an estimated 19% of the food produced globally in 2022, or about 1.05 billion metric tons, according to a new United Nations report. The U.N. Environment Programme’s Food Waste Index Report, published Wednesday, tracks the progress of countries to halve food waste by 2030. The U.N. said the number of countries… Continue reading 783 million people face chronic hunger. Yet the world wastes 19% of its food, UN says
European flying car technology sold to China
Kathmandu: The tech behind a flying car, originally developed and successfully test-flown in Europe, has been bought by a Chinese firm. Powered by a BMW engine and normal fuel, the AirCar flew for 35 minutes between two Slovakian airports in 2021, using runways for take-off and landing. It took just over two minutes to transform… Continue reading European flying car technology sold to China
Department of Drug Administration directs cease of online pharmacy operations
Kathmandu: Department of Drug Administration has issued directives to halt the operation of online pharmacies. Narayan Prasad Dhakal, Director-General of the department, revealed that the decision to shut down online pharmacies was made after discovering the sale and distribution of counterfeit and misleading drugs under the guise of online pharmacy services. Dhakal further highlighted instances… Continue reading Department of Drug Administration directs cease of online pharmacy operations