Bankers’ Association decides not to issue LC for luxurious goods

Kathmandu: Commercial banks have decided not to open letter of credit (LC) for import of various goods as the country’s foreign exchange reserves are declining.A meeting of the Nepal Bankers’ Association (NBA) held on Sunday has decided not to open LC for import of vehicles, dry food, furniture, cigarettes, liquor, decorative items, perfumes, mobiles and… Continue reading Bankers’ Association decides not to issue LC for luxurious goods

Political turmoil in Pakistan: What’s happening?

(BBC): Pakistan’s Prime Minister Imran Khan may lose power as early as Saturday. A decision by the Supreme Court has dealt a blow to the embattled premier following a foiled attempt to oust him from office. Opposition leaders tabled a no-confidence vote against Khan, which was scheduled last Sunday. But the vote was blocked by… Continue reading Political turmoil in Pakistan: What’s happening?

Govt decides to give public holiday on ‘Ramnavami’

This undated image shows the premises of the Ministry of Home Affairs in Singha Durbar, Kathmandu. Photo: Google maps image

Kathmandu: The government has announced a public holiday on the occasion of Ram Navami, tomorrow. The Ministry of Home Affairs has issued a notice stating that there will be a public holiday across the country tomorrow. It is mentioned in the information that the meeting of the Council of Ministers on Friday had decided to… Continue reading Govt decides to give public holiday on ‘Ramnavami’

Record holder mountaineer Kami Rita to climb Mt Everest for 26th time

Kathmandu: A record holder Kamirita Sherpa has decided to climb Mt Everest again to break his own record.The 52-year-old Sherpa, who has climbed Mt. Everest for the 25th time earlier, is again climbing Mt Everest for the 26th time.Kami Rita, who has been involved in mountaineering for the past 30 years, is still in charge… Continue reading Record holder mountaineer Kami Rita to climb Mt Everest for 26th time

Govt suspends Governor Maha Prasad Adhikari

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Kathmandu: Nepal Rastra Bank Governor Maha Prasad Adhikari has been suspended.According to the Nepal Rastra Bank Act, he was automatically suspended after the government formed an inquiry committee to expedite the process. The question of the governor’s office was raised in the cabinet meeting held on Thursday. Discussions were held to form a committee to… Continue reading Govt suspends Governor Maha Prasad Adhikari

Code of conduct for local election to implement from tonight

Kathmandu: The code of conduct for local elections has been implemented. The Election Commission said in a press conference on Friday that the code of conduct has been implemented from today (April 8). The commission has clarified that the party or candidate only can promote their election campaign on social media. The commission has stated… Continue reading Code of conduct for local election to implement from tonight

Strike kills 50 at Ukraine rail station crowded with people

Ukrainian servicemen stand next to a fragment of a Tochka-U missile with a writing in Russian "For children" , on a grass after Russian shelling at the railway station in Kramatorsk, Ukraine, Friday, April 8, 2022. Photo Courtesy: AP

KYIV, Ukraine (AP): A missile hit a train station where thousands of people had flocked to flee in eastern Ukraine, killing 50 people Friday, Ukrainian authorities said, while warning they expect to find more evidence of war crimes in areas abandoned by Russian troops. Photos from the scene showed bodies covered with tarps on the… Continue reading Strike kills 50 at Ukraine rail station crowded with people