Unauthorized helicopter flight to Mt Everest leads to grounding Prabhu Helicopter

Kathmandu: The Civil Aviation Authority of Nepal (CAAN) has taken swift action following an unauthorized helicopter flight to Mount Everest, grounding all flights operated by Prabhu Helicopter and suspending senior captain Sobit Gauchan. The incident, which occurred on Sunday morning, has sparked controversy and raised concerns about aviation safety and compliance with regulations. According to… Continue reading Unauthorized helicopter flight to Mt Everest leads to grounding Prabhu Helicopter

Chairman of Kantipur Media Group arrested for alleged citizenship misuse

Kathmandu: Kailash Sirohiya, the Chairman of Kantipur Media Group (KMG), has been apprehended by authorities on accusations of misusing his citizenship certificates. The arrest took place at KMG’s headquarters in Thapathali on Tuesday, orchestrated by a team from the Kathmandu Valley Crime Investigation Office. Led by Senior Superintendent of Police Sanuram Bhattarai and Superintendent Rabindra… Continue reading Chairman of Kantipur Media Group arrested for alleged citizenship misuse

Trade deficit hits Rs 1177 bn, Nepal’s economy under strain

Kathmandu: By the mid-May, Nepal finds itself grappling with a trade deficit of Rs 1177 billion for the current financial year. The Department of Customs reports imports amounting to Rs 1303 billion, overshadowing exports which stood at a meager Rs 126 billion. Foreign trade transactions for the first 10 months of the fiscal year totaled… Continue reading Trade deficit hits Rs 1177 bn, Nepal’s economy under strain

Nepal marks 20 years in WTO

Kathmandu: Experts and stakeholders have said that Nepal has not been able to reap the expected benefits after becoming a member of the World Trade Organization. Kathmandu University School of Management (KUSOM) and the WTO Chairs Programme (WCP) Nepal held a discussion titled ’20 Years of Nepal’s Accession to WTO’ on Sunday. Registrar of Kathmandu… Continue reading Nepal marks 20 years in WTO

Nepal govt mourns passing of President of Iran

Kathmandu: The Government of Nepal has expressed profound sorrow over the tragic passing of the President of Iran, Dr. Ebrahim Raisi, in a helicopter crash that occurred on Sunday. In a statement posted on the official social platform, X, today, the Ministry of Foreign Affairs conveyed its deep sadness, stating, “We are deeply saddened to… Continue reading Nepal govt mourns passing of President of Iran

Gold prices reach all-time high in domestic market

Kathmandu: Price of gold surged by Rs 900 per tola on Monday, reaching an unprecedented all-time high. As of today, fine gold is trading at Rs 141,800 per tola, marking a substantial increase from Rs 140,900 per tola recorded the previous day. Similarly, the price of standard gold has witnessed a significant rise, reaching Rs… Continue reading Gold prices reach all-time high in domestic market

PM Dahal secures fourth vote of confidence in House of Representatives

Kathmandu: Prime Minister Pushpa Kamal Dahal has successfully secured a vote of confidence in the House of Representatives (HoR) for the fourth time. During the HoR meeting, a total of 158 Members of Parliament were present. Out of these, an overwhelming majority of 157 MPs cast their votes in favor of Prime Minister Dahal, while… Continue reading PM Dahal secures fourth vote of confidence in House of Representatives

Govt introduces ‘National Startups Policy, 2080’ to boost startup investment

Kathmandu: The government has introduced the ‘National Startups Policy, 2080’ to bolster investment in startup companies. This policy, recently adopted by the Council of Ministers, encompasses several key provisions aimed at facilitating entrepreneurship and innovation. Under the policy, startups will benefit from waivers on costs associated with registering businesses and industrial properties. Additionally, entrepreneurs will… Continue reading Govt introduces ‘National Startups Policy, 2080’ to boost startup investment

PM seeks vote of confidence from House of Representatives

Kathmandu: Prime Minister Pushpa Kamal Dahal, ‘Prachanda’, has formally requested a vote of confidence from the House of Representatives (HoR). The PM’s press advisor, Shekhar Adhikari, confirmed that the request was submitted to the Federal Parliament Secretariat, with the proposed date for the vote set on May 20. The move comes in accordance with Article… Continue reading PM seeks vote of confidence from House of Representatives