Kathmandu: Last night’s heavy rainfall has led to severe flooding across Kathmandu and surrounding areas, significantly impacting local communities. The Nepal Police have reported a total of 36 people rescued from flood-affected zones. According to Nepal Police, rescue operations have been particularly focused on the hardest-hit areas. In Kathmandu, 12 individuals have been safely evacuated,… Continue reading Last night’s heavy rainfall causes flooding and displacement in Kathmandu area
Category: Featured News
NASA says no return date yet for astronauts and troubled Boeing capsule at space station
Kathmandu: Already more than a month late getting back, two NASA astronauts will remain at the International Space Station until engineers finish working on problems plaguing their Boeing capsule, officials said Thursday. Test pilots Butch Wilmore and Suni Williams were supposed to visit the orbiting lab for about a week and return in mid-June, but… Continue reading NASA says no return date yet for astronauts and troubled Boeing capsule at space station
Parliamentary committee directs Home Minister to call back 18 individuals accused of cooperative fund misuse
Kathmandu: A parliamentary special investigation committee has directed Home Minister Ramesh Lekhak to facilitate the return of 18 individuals who have fled abroad following allegations of misuse and embezzlement of cooperative funds. During a meeting held today, the committee discussed the matter with Home Minister Lekhak and Home Secretary Ek Narayan Aryal, ultimately instructing them… Continue reading Parliamentary committee directs Home Minister to call back 18 individuals accused of cooperative fund misuse
Japanese delegation led by Takebe Arata meets President Ramchandra Paudel
Kathmandu: A high-level Japanese delegation led by Takebe Arata, a prominent Japanese parliamentarian, met with President Ramchandra Paudel at the Office of the President, Shital Niwas, today. During the meeting, President Paudel highlighted Nepal’s potential for investment in key sectors including hydropower, tourism, and agriculture. He emphasized recent legal reforms aimed at creating a more… Continue reading Japanese delegation led by Takebe Arata meets President Ramchandra Paudel
Cross-Border electricity trade agreement between Nepal, India, and Bangladesh postponed
Kathmandu: The much-anticipated tripartite agreement for cross-border electricity trade involving Nepal, India, and Bangladesh has been postponed. The agreement, originally scheduled to be signed on Sunday, was halted following Bangladesh’s inability to attend due to ongoing student-led protests in the country. Nabin Raj Singh, spokesperson for Nepal’s Ministry of Energy, Water Resources, and Irrigation (MoEWRI),… Continue reading Cross-Border electricity trade agreement between Nepal, India, and Bangladesh postponed
Sri Lanka wins Women’s Asia Cup T20 Cricket defeating India
Kathmandu: Sri Lanka has claimed the Women’s Asia Cup T20 Cricket title by defeating India by 8 wickets in today’s final. Sri Lanka achieved the target of 166 runs set by India with 8 balls to spare, losing only 2 wickets. Harshitha Samarawickrama of Sri Lanka scored an unbeaten 69, while captain Chamari Athapaththu contributed… Continue reading Sri Lanka wins Women’s Asia Cup T20 Cricket defeating India
NEPSE surges 4.41% amid trading halts and positive sentiment
Kathmandu: The Nepal Stock Exchange (NEPSE) closed today with a notable gain of 113.42 points, or 4.41%, reaching 2,681.56 points. The market experienced two trading halts due to significant upward movements, reflecting strong investor sentiment. The trading session saw a 4% increase, triggering the first circuit break shortly after the market opened. After a 20-minute… Continue reading NEPSE surges 4.41% amid trading halts and positive sentiment
Nepal earns Rs 16.93 bn from electricity exports to India in FY 2023/24
Kathmandu: Nepal exported electricity worth Rs 16.93 billion to India in the last fiscal year 2023/24. The Nepal Electricity Authority (NEA) made an income of Rs 16.93 billion by exporting 1.94 billion units electricity to India last fiscal year. NEA has been selling the surplus power at Indian Energy Exchange’s day ahead and real time… Continue reading Nepal earns Rs 16.93 bn from electricity exports to India in FY 2023/24
Suspect apprehended in Kathmandu Valley robbery incident
Kathmandu: Police have arrested Dhan Bahadur Syangtang, a key suspect in a series of robberies targeting hikers in the Kathmandu Valley. The arrest followed a special operation by the Kathmandu District Police Range. The operation was launched after three individuals armed with sharp weapons threatened travelers in a vehicle near Bindabasini Temple in Nagarjun Municipality-7,… Continue reading Suspect apprehended in Kathmandu Valley robbery incident
Nepal’s automobile sector criticizes NRB’s 2024/25 Monetary Policy
Kathmandu: Nepal’s automobile sector is voicing strong discontent with the Nepal Rastra Bank’s (NRB) monetary policy for the fiscal year 2024/25. The NADA Automobiles Association of Nepal reports a 68 percent market decline, attributing the drop to unsupportive policies amid an economic slowdown. The Association claims that their recommendations for policy changes have been ignored.… Continue reading Nepal’s automobile sector criticizes NRB’s 2024/25 Monetary Policy