Kathmandu: China has hit back at the Biden administration’s decision to impose new restrictions on advanced chip exports. The foreign ministry said the curbs “violate the principles of the market economy and fair competition”. The measures target chipmaking tools as well as advanced chips, including two from market leader Nvidia. The move is being seen… Continue reading China attacks latest US chip restrictions
Category: Featured News
NMA signs agreement with Mountain Academy to promote mountain tourism
Kathmandu: The Nepal Mountain Academy and Nepal Mountaineering Association (NMA) Forge Alliance to Boost Sustainable Mountain Tourism. In a collaborative move to promote sustainable development and elevate mountain tourism, Nepal Mountain Academy and Nepal Mountaineering Association (NMA) have formalized a partnership through a signed agreement. The agreement outlines mutual efforts in human resources development, training… Continue reading NMA signs agreement with Mountain Academy to promote mountain tourism
Embassy receives bodies of five Nepalis killed in Israel
Kathmandu: The Embassy of Nepal in Israel confirmed the reception of the bodies of five Nepali individuals who were tragically killed in last week’s attacks by the Hamas group at the Sebod Negev Agriculture Centre in Kibbutz-Alumim, Israel. The attacks resulted in the loss of ten Nepali lives. The Embassy identified the deceased as Narayan… Continue reading Embassy receives bodies of five Nepalis killed in Israel
German Embassy celebrates 65th anniversary of diplomatic relations with Nepal
Kathmandu: The Embassy of the Federal Republic of Germany in Kathmandu celebrated the German Unity Day and 65th years of diplomatic relations between Nepal and Germany on Friday. The event was attended by the Ambassador of the Federal Republic of Germany, Thomas Prinz, his spouse Anuza Prinz, and 400 distinguished guests. According to the press… Continue reading German Embassy celebrates 65th anniversary of diplomatic relations with Nepal
Gold price surges by Rs 2,900 per tola
Kathmandu: Today in the domestic market, the price of gold has surged by Rs 2,900 per tola. Fine gold is now being traded at Rs 113,000 per tola, compared to Rs 110,100 per tola on Friday. Likewise, the price of standard gold has risen to Rs 112,450 per tola from Rs 109,550 per tola yesterday.… Continue reading Gold price surges by Rs 2,900 per tola
CAAN suspends Manang Air’s operating license
Kathmandu: Responding to a series of accidents involving its helicopters, the Civil Aviation Authority of Nepal (CAAN) has opted to suspend the Air Operator Certificate (AOC) of Manang Air. This decision comes after two separate helicopter mishaps involving Manang Air within a span of three months, leading the regulatory body to revoke the AOC granted… Continue reading CAAN suspends Manang Air’s operating license
Two individuals imprisoned for assaulting doctors in Manipal hospital
Kathmandu: Two individuals, identified as Binaya Gurung from Pokhara-5 and Sushil Karki from Pokhara-17, have been incarcerated for assaulting doctors and vandalizing Manipal Teaching Hospital in Pokhara two weeks ago. The Kaski District Court announced the sentence on Friday, charging them under the Health Institutions Security Act, 2066 BS. Additionally, seven people involved in the… Continue reading Two individuals imprisoned for assaulting doctors in Manipal hospital
Nepal government repatriate 254 Nepalis from Israel
Kathmandu: A total of 254 Nepali nationals, who were rescued from Israel, arrived in Nepal on a Nepal Airlines Corporation wide-body aircraft. A delegation led by Minister for Foreign Affairs, NP Saud, had traveled to Israel to facilitate their return. Minister Saud, briefing the media at Tribhuvan International Airport after the rescue flight, informed that… Continue reading Nepal government repatriate 254 Nepalis from Israel
Biden is trying again on student loan forgiveness
Kathmandu: President Joe Biden is making another attempt at student loan cancellation after the Supreme Court ruled earlier this year that his administration couldn’t forgive $400 billion in student loan debt using a 2003 law called the HEROES Act. The first of three hearings took place Tuesday, when more than a dozen people chosen by… Continue reading Biden is trying again on student loan forgiveness
Money Laundering Bill passed by Parliamentary Committee
Kathmandu: The Law, Justice, and Human Rights Committee in Kathmandu have passed a bill to amend specific laws related to the prevention of money laundering and the promotion of the business environment. The sub-committee submitted a report on Tuesday, which the committee later passed with some changes. Committee Chair Bimala Subedi mentioned that they have… Continue reading Money Laundering Bill passed by Parliamentary Committee