Kathmandu: The price of gold has reached a new record in the domestic market, with an increase of Rs 600 per tola on Sunday. According to the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is now being traded at Rs 176,800 per tola, surpassing the previous price of Rs 176,200 per tola… Continue reading Gold prices hit all-time high, silver prices see slight decline
KMC sends fine notice to former King Gyanendra Shah for damage and littering during Tinkune protest
Kathmandu: The Kathmandu Metropolitan City (KMC) has issued a fine notice to former King Gyanendra Shah after he refused to accept a letter regarding penalties for damage and littering during the pro-monarchy protest in Tinkune last Friday. The penalty amounts to Rs 793,000, which covers the costs of the damage and cleanup required in the… Continue reading KMC sends fine notice to former King Gyanendra Shah for damage and littering during Tinkune protest
Statewide manhunt launched for pro-monarchy leader after fatal Tinkune violence
Kathmandu: Authorities have initiated a statewide manhunt for Durga Prasai, the leader of the pro-monarchy procession in Tinkune on Friday, which resulted in the deaths of two individuals and left several others injured. Prasai, who fled the scene following the chaos, is currently in hiding as authorities ramp up efforts to apprehend him. As of… Continue reading Statewide manhunt launched for pro-monarchy leader after fatal Tinkune violence
World Bank approves $150 million to improve resilience of bridge network, connectivity, and access to services
Kathmandu: The World Bank’s Board of Executive Directors today approved a financing package of $150 million for Nepal’s Third Bridges Improvement and Maintenance Program (BIMP-III) to strengthen the resilience of bridges in the Strategic Road Network, ensuring safer and uninterrupted connectivity across the country’s diverse and challenging terrain. Nepal’s bridge system serves as critical lifelines… Continue reading World Bank approves $150 million to improve resilience of bridge network, connectivity, and access to services
Tension rises in Kathmandu as monarchist and republican groups plan rival protests
Kathmandu: Kathmandu is bracing for heightened tensions on Friday as two opposing groups prepare for simultaneous protests. Monarchist demonstrators, led by the Monarchy Restoration Joint People’s Movement Committee, are calling for the restoration of the monarchy, following former King Gyanendra Shah’s video message on Democracy Day. The protest will take place in Tinkune. In response,… Continue reading Tension rises in Kathmandu as monarchist and republican groups plan rival protests
7th Annual Water and Peace Seminar 2025 begins in Kathmandu
Kathmandu: The 7th Annual Water and Peace Seminar 2025, on “Diplomacy, Dialogue, Discourses: Exploring Potentials and Challenges for Inclusive Water Cooperation,” is taking place in Kathmandu from March 26-27 at Hotel Himalaya, Nepal. It is a part of a week-long event which started on 24 March and concludes on 1 April and it brings together… Continue reading 7th Annual Water and Peace Seminar 2025 begins in Kathmandu
Parliament session adjourned amid opposition protest over Kulman Ghising’s dismissal
Kathmandu: The House of Representatives meeting scheduled for Wednesday was adjourned until Thursday following continuous obstruction by opposition lawmakers protesting the government’s decision to dismiss former Nepal Electricity Authority (NEA) Managing Director Kulman Ghising. The session, set to commence at 11:00 AM, was initially delayed by half an hour due to disruptions but was ultimately… Continue reading Parliament session adjourned amid opposition protest over Kulman Ghising’s dismissal
Russia-Ukraine agree to Black Sea Naval ceasefire
Kathmandu: Russia and Ukraine have separately agreed to a naval ceasefire in the Black Sea in deals brokered by the US after three days of peace talks in Saudi Arabia, BBC reports. The agreements aim to reopen trade routes and enforce a ban on attacking each other’s energy infrastructure. However, Russia insists the ceasefire will… Continue reading Russia-Ukraine agree to Black Sea Naval ceasefire
South Korea wildfires kill 18, thousands evacuated
Kathmandu: At least 18 people have died and 19 others have been injured as wildfires continue to devastate South Korea’s southeast, BBC reports. Authorities have evacuated over 23,000 people, calling it an “unprecedented” disaster. The fires, which began in Sancheong county on Friday, have spread rapidly due to strong winds, reaching Uiseong and other nearby… Continue reading South Korea wildfires kill 18, thousands evacuated
Nepal’s trade deficit reaches Rs 987.39 billion despite export growth
Kathmandu: Nepal’s trade deficit has surged to Rs 987.39 billion in the last eight months of the current fiscal year, despite a 57.2% increase in exports. Total foreign trade reached Rs 1.3 trillion, with imports rising by 11.2% compared to the previous year. Petroleum imports remain a major contributor, with Rs 78.86 billion spent on… Continue reading Nepal’s trade deficit reaches Rs 987.39 billion despite export growth