Government clarifies TikTok ban amidst Supreme Court inquiry

Kathmandu: The Ministry of Communication and Information Technology (MoCIT) has formally submitted a written clarification to the Supreme Court (SC) on December 4, addressing the recent ban imposed on the popular social media platform TikTok. The government’s stance asserts that the decision to ban TikTok was necessitated by the platform’s inability to regulate its activities… Continue reading Government clarifies TikTok ban amidst Supreme Court inquiry

Six Nepalis confirmed dead in Ukraine conflict, MoFA takes swift action

Kathmandu: The Ministry of Foreign Affairs (MoFA) officially announced on Monday the tragic demise of six Nepali nationals who were reportedly fighting alongside the Russian army in Ukraine. In an official statement, MoFA clarified that these casualties were confirmed, raising concerns as Nepal has no existing policy allowing its citizens to engage in foreign military… Continue reading Six Nepalis confirmed dead in Ukraine conflict, MoFA takes swift action

Gold prices skyrocket to historic high of Rs 120,800 per tola in Nepali market

Kathmandu: In a significant development, the price of gold in the domestic market soared to a new record on Sunday, witnessing a remarkable surge of Rs 1,800 per tola. As of Sunday, fine gold is commanding a price of Rs 120,800 per tola, a noteworthy increase from Friday’s rate of Rs 119,000 per tola. The… Continue reading Gold prices skyrocket to historic high of Rs 120,800 per tola in Nepali market

Handbag fire erupts at Tribhuvan International Airport

Representative Photo

Kathmandu: A passenger’s handbag burst into flames today due to a power bank explosion at Tribhuvan International Airport (TIA). The alarming event unfolded as the power bank, housed in a bag, detonated while the passenger was seated in the waiting room with a boarding pass, moments away from boarding their flight. Quick-thinking airport staff swiftly… Continue reading Handbag fire erupts at Tribhuvan International Airport

Finance Ministry directs NEA to expedite clearance of street lamp electricity dues from local govt

Kathmandu: In line with a decision made on November 8, the Ministry of Finance has instructed the Nepal Electricity Authority (NEA) to take prompt action in settling outstanding dues related to electricity tariffs for street lamps owed by various local governments. The directive emphasizes the Finance Ministry’s commitment to addressing the issue of unpaid electricity… Continue reading Finance Ministry directs NEA to expedite clearance of street lamp electricity dues from local govt

Tourism entrepreneurs from Lumbini urges govt to operate regular NAC flights at GBIA

Kathmandu: In a bid to safeguard over Rs 60 billion in private sector investments poured into hotels and tourism ventures around Gautam Buddha International Airport (GBIA) in Bhairahawa, Lumbini tourism entrepreneurs have called upon the government-owned Nepal Airlines Corporation (NAC) to initiate regular domestic and international flights. The Nepal Association of Tour and Travel Agents… Continue reading Tourism entrepreneurs from Lumbini urges govt to operate regular NAC flights at GBIA

International appeal by PM Dahal to safeguard the mountains

Kathmandu: At the 28th United Nations Climate Change Conference (COP-28) held in Dubai, Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has extended an international call to safeguard the Himalayas. Addressing the conference, the Prime Minister urged the global community to unite in protecting the Himalayan region and addressing the challenges faced by the people and settlements… Continue reading International appeal by PM Dahal to safeguard the mountains

Governor urges public to report high bank interest charges

A businessman, standing while holding a briefcase, looks up at a chart on a wall that indicates interest rates are rising.

Kathmadu: Governor Maha Prasad Adhikari of the Nepal Rastra Bank (NRB) has encouraged individuals to report instances of excessive interest charges by banks to the general public. Speaking at the 27th anniversary of the Society of Economic Journalists Nepal (SEJON), Governor Adhikari assured that the NRB would investigate and refund any excess amount if industrialists… Continue reading Governor urges public to report high bank interest charges

Nepal’s public debt surpasses Rs 2.36 trillion in FY 2023/24 Q1

Kathmandu: As of mid-November in the Fiscal Year (FY) 2023/24, Nepal has witnessed a notable surge in public debt, accumulating over Rs 57.71 billion in the first quarter alone. This has propelled the total public debt to Rs 2.36 trillion, up from Rs 2.29 trillion recorded in mid-July, as reported by the Public Debt Management… Continue reading Nepal’s public debt surpasses Rs 2.36 trillion in FY 2023/24 Q1

Himalaya Airlines inaugurates direct flights connecting Kathmandu to Shanghai

Kathmandu: Himalaya Airlines has commenced direct flights from Kathmandu to Shanghai, China, marking a milestone in air connectivity between Nepal and one of China’s major cities. The airline’s inaugural flight, carrying 137 passengers, departed from Tribhuvan International Airport (TIA) at 9:20 AM and is scheduled to land in Shanghai at 9 PM today. The Kathmandu-Shanghai… Continue reading Himalaya Airlines inaugurates direct flights connecting Kathmandu to Shanghai