Economic growth forecast and fiscal overview amidst political disruptions

Kathmandu: Amidst political disruptions from the main opposition party, Nepali Congress, Finance Minister Barsha Man Pun presented the Economic Survey for the fiscal year 2023/24 AD and the Annual Review of Public Enterprise 2081 BS during a parliamentary session, offering crucial insights into Nepal’s economic landscape. Minister Pun unveiled a forecast of a 3.9 percent… Continue reading Economic growth forecast and fiscal overview amidst political disruptions

Govt to unviel budget for FY 2024/25 on May 28

Kathmandu: Budget for the upcoming fiscal year 2024/25 is set to be unveiled on Tuesday, May 28, at 1:00 PM. Speaker Devraj Ghimire announced this pivotal event during a House of Representatives meeting held on Sunday. The Speaker confirmed that a joint session of the Federal Parliament has been convened for the specific purpose of… Continue reading Govt to unviel budget for FY 2024/25 on May 28

Photo Journalist Purnima Shrestha makes history with triple Mt. Everest summit in single season

File Photo Purnima Shrestha, one of the two women climbers to scale Mt Dhaulagiri Successfully, at mt Dhaulagiri camp 2. Photo Courtesy: Purnima Shrestha's Facebook wall.

Kathmandu: Purnima Shrestha has etched her name in the annals of mountaineering history by becoming the first woman to conquer the summit of Mt. Everest three times within a single season. Accompanied by the seasoned guides of 8K Expeditions, Shrestha’s remarkable feat marks a pinnacle in her illustrious climbing career. Her journey began with her… Continue reading Photo Journalist Purnima Shrestha makes history with triple Mt. Everest summit in single season

Nepal detects new sub-variants of Omicron: ‘KP 1’ and ‘KP 2’

Kathmandu: Nepal has identified new sub-variants of the Omicron strain of COVID-19, labeled ‘KP 1’ and ‘KP 2,’ characterized by a heightened rate of transmission yet a comparatively lower fatality rate. These emerging variants said to exhibit a notably increased spread rate. However, reassuringly, they display a reduced fatality rate compared to previously identified variants.… Continue reading Nepal detects new sub-variants of Omicron: ‘KP 1’ and ‘KP 2’

KMG chairman hospitalized for cardiac issues amidst detention

Kathmandu: Kailash Sirohiya, Chairman of Kantipur Media Group (KMG), currently detained at the District Police Office in Dhanusha, has been urgently hospitalized due to cardiac concerns. Sirohiya, held under police custody for five days over alleged citizenship fraud issues, was rushed to the hospital after experiencing a series of health complications. His lawyer, Raman Karn,… Continue reading KMG chairman hospitalized for cardiac issues amidst detention

Nepal’s public debt soars to Rs 2.4 trillion, marking Rs 98 bn surge in 10 months

Kathmandu: The country’s outstanding public debt has reached nearly Rs 2.4 trillion. The public debt witnessed a rise of Rs 98 billion in the last 10 months of the current fiscal year alone, according to the Public Debt Management Office (PDMO). In the beginning of the current Fiscal Year, the public debt stood at Rs… Continue reading Nepal’s public debt soars to Rs 2.4 trillion, marking Rs 98 bn surge in 10 months

US Embassy denies visa to Nepali cricketer Sandeep Lamichhane ahead of T20 World Cup

Kathmandu: In a setback for Nepali cricket, the US Embassy in Kathmandu has declined to issue a visa to prominent cricketer Sandeep Lamichhane, who was slated to participate in the upcoming T20 World Cup hosted by the United States and the West Indies. Lamichhane made the disclosure of the visa denial through a social media… Continue reading US Embassy denies visa to Nepali cricketer Sandeep Lamichhane ahead of T20 World Cup

Nepali climber Kami Rita Sherpa sets new record with 30th ascent of Mt Everest

Kathmandu: Nepali mountaineer Kami Rita Sherpa has shattered records yet again by conquering Mount Everest for an unprecedented 30th time. The achievement, confirmed by the Department of Tourism’s temporary office at Everest Base Camp, saw Sherpa reach the summit at 7:49 AM today, amidst cheers and accolades from the climbing community. Office Chief Khimlal Gautam… Continue reading Nepali climber Kami Rita Sherpa sets new record with 30th ascent of Mt Everest

Nepal govt and World Bank launch $4.6 mn project to strengthen response to gender-based violence

Kathmandu: The Institutionalizing Gender-Based Violence Response in Federal Nepal Project was jointly launched today by the Honorable Minister of Women, Children, and Senior Citizens, Ms. Bhagbati Chaudhary and World Bank Country Director for Maldives, Nepal, and Sri Lanka, Mr. Faris Hadad-Zervos. The three-year project will help increase women’s and girls’ access to multisectoral gender-based violence… Continue reading Nepal govt and World Bank launch $4.6 mn project to strengthen response to gender-based violence

Jayanagar-Janakpur-Bangaha train service resumes

Kathmandu: Following a temporary suspension due to the Lok Sabha elections in India, the Jayanagar-Janakpur-Bangaha train service has resumed operations today, bringing relief to commuters and travelers in the region. The closure, which was implemented as a precautionary measure during the election period, has now been lifted, allowing normal train services to resume. The decision… Continue reading Jayanagar-Janakpur-Bangaha train service resumes