Kathmandu: India’s top 1% owned more than 40.5% of its total wealth in 2021, according to a new report by Oxfam. In 2022, the number of billionaires in the country increased to 166 from from 102 in 2020, the report said. Meanwhile, it added that the poor in India “are unable to afford even basic… Continue reading Richest 1% own 40.5% of India’s wealth, says new Oxfam report
Solo trekker found dead in Annapurna Circuit
Kathmandu: A group of trekkers along with a Nepali guide has found a dead body lying beside the path on the trails of Annapurna Circuit nearby Thorong La Pass (5400 meters).The reason for death is believed to be from altitude sickness or severe cold but it is still under investigation. The locals have confirmed that… Continue reading Solo trekker found dead in Annapurna Circuit
Yeti air crash: 23 bodies handed over to family, remaining 46 to arrive Kathmandu
Kathmandu: The bodies of 23 of the 69 people who died in the Yeti Airlines plane crash in Pokhara on Sunday have been handed over to their relatives in Pokhara. The Civil Aviation Authority of Nepal has said that the bodies of 46 people, including 18 people who have been identified and 28 people who… Continue reading Yeti air crash: 23 bodies handed over to family, remaining 46 to arrive Kathmandu
CAAN tested all ATR aircraft after Yeti accident, no faults found
Kathmandu: After the accident of Yeti Airlines on Sunday, all ATR aircraft flying in Nepal have gone through technical tests conducted by the Civil Aviation Authority of Nepal (CAAN). However, CAAN spokesperson Jagannath Niraula informed that no fault was found in any of the aircraft from the tests conducted in this way. According to him,… Continue reading CAAN tested all ATR aircraft after Yeti accident, no faults found
Deadliest plane crash in Nepal, 68 died
Kathmandu: Domestic airline company Yeti Airlines’ aircraft has got into a deadliest crash on Sunday. So far, 68 bodies have been found in the plane crash in Pokhara, while the condition of 4 people is unknown.District Administration Office Kaski has informed that the search for them has been intensified. A Yeti Airlines plane flying from… Continue reading Deadliest plane crash in Nepal, 68 died
Covid cases in China touch 900 million – study
Some 900 million people in China have been infected with the coronavirus as of 11 January, according to a study by Peking University. The report estimates that 64% of the country’s population has the virus. It ranks Gansu province, where 91% of the people are reported to be infected, at the top, followed by Yunnan… Continue reading Covid cases in China touch 900 million – study
Sandeep Lamichhane released on bail
Sandeep Lamichhane, the former captain of the national cricket team, has been released from prison. Sandeep was released on Friday after posting bail after the Patan High Court ordered him to be released on bail. He was first taken to Patan High Court from Central Jail. He was released after completing the court process.
Sharp, long-lasting slowdown to hit developing countries hard
Kathmandu: Global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia’s invasion of Ukraine, according to the World Bank’s latest Global Economic Prospects report. Given fragile economic conditions, any new adverse development—such as higher-than-expected inflation, abrupt rises in interest rates to contain it, a… Continue reading Sharp, long-lasting slowdown to hit developing countries hard
Auto Expo – The Motor Show 2023 begins in India
Kathmandu: Auto Expo – The Motor Show 2023, made a resilient start today at the India Expo Mart in Greater Noida, manifesting a future ready perspective. The theme of this edition of the show is – ‘Explore the World of Mobility’, which resonates with the industry’s vision and message of technology & capability–for a safer,… Continue reading Auto Expo – The Motor Show 2023 begins in India
Govt decides to conduct ‘Make in Nepal’ campaign
Kathmandu: The government has announced the minimum common program. Deputy Prime Minister and Finance Minister Bishnu Paudel has announced the minimum common program covering the common issues raised by the participating parties in the government. The Minimum Common Program mentions encouraging domestic production and domestic consumption, developing national capital and making the country economically independent.… Continue reading Govt decides to conduct ‘Make in Nepal’ campaign