Novavax: Large study finds COVID-19 shot about 90pc effective

File Photo In this Wednesday, Oct. 7, 2020, file photo, a vial of the Phase 3 Novavax coronavirus vaccine is seen ready for use in the trial at St. George's University hospital in London. Photo Courtesy: AP

AP: Vaccine maker Novavax said Monday its COVID-19 shot was highly effective against the disease and also protected against variants in a large study in the U.S. and Mexico, potentially offering the world yet another weapon against the virus at a time when developing countries are desperate for doses. The two-shot vaccine was about 90… Continue reading Novavax: Large study finds COVID-19 shot about 90pc effective

All seven provincial govt announcing budget today

Kathmandu: All the seven provincial governments are set to unveil the budget for the fiscal year 2021/22 today. According to the Intergovernmental Financial Management Act, the budget has to be presented in the province assembly on June 15. The central government has given four types of grants to seven provincial governments of Rs 103 billion.… Continue reading All seven provincial govt announcing budget today

National Innovation Center hands over 50 ventilators to govt

Kathmandu: The National Innovation Center has handed over 50 ventilators to the government. The ventilator provided by Gradion Health Systems USA was brought to Nepal in collaboration with the National Innovation Center and the US-Nepal Medical Foundation and handed over to the government on Monday. President of the US-Nepal Medical Foundation Dr. Bhupendra Basnet and… Continue reading National Innovation Center hands over 50 ventilators to govt

Remittances increase by 19.2 pc in last 10 months

Kathmandu: Remittance inflows have increased by 19.2 percent to Rs.809.89 billion in the first 10 months of the current fiscal year against a decrease of 6.3 percent in the same period of the previous year.The net transfer has increased by 17.2 percent to Rs.903.77 billion in the review period. Such a transfer had decreased 6.9… Continue reading Remittances increase by 19.2 pc in last 10 months

Germany announces Rs 4.8 bn grant to Nepal

Photo courtesy: Facebook page of German embassy

Kathmandu: The Government of Nepal and the Government of the Federal Republic of Germany have signed the new development cooperation agreement today in a ceremony, held virtually. The German side has pledged grants of EUR 34.4 million more than Rs 4.8 billion for the continuation of German support until the year 2023 for Technical Cooperation… Continue reading Germany announces Rs 4.8 bn grant to Nepal

Another 2,407 infected, 46 died

Kathmandu: Corona virus infection has been confirmed in 2,407 people in the last 24 hours. According to the Ministry of Health and Population, corona virus infection has been confirmed in 2,407 people, including 1,694 through PCR and 713 through antigen. In the last 24 hours, 46 people have died from corona infection, according to the… Continue reading Another 2,407 infected, 46 died

Prohibitory order extends for one more week in Kathmandu valley

Kathmandu: The prohibitory order in Kathmandu valley has been extended for another week. A joint meeting of the Chief District Officers of Kathmandu, Bhaktapur and Lalitpur decided to extend the restrictions with the conclusion that the risk of corona virus is still high even the cases are declining recently.However, the restrictions has been relaxed somehow… Continue reading Prohibitory order extends for one more week in Kathmandu valley

61 died while 6,295 recovered from corona

Kathmandu: In the last 24 hours, 6,295 corona infections have been recovered from corona infection. Similarly, corona virus (Covid-19) infection has been confirmed in an additional 3,384 people across the country. A total of 14,494 samples tested including 8,506 samples for PCR and 5,988 samples for antigen. Of which 2,382 PCR samples while 1,082 antigen… Continue reading 61 died while 6,295 recovered from corona

Preparations against third wave of COVID-19 underway in Banke

Ranja (Rashtriya Samachar Samiti): Preparations for the third wave have begun in Banke, which has become a ‘hotspot’ at the beginning of the first and second waves of the COVID-19 pandemic. The locals of Banke are preparing for the prevention and response of the third wave of corona virus outbreak. Khajura rural municipality Chairman Kismat… Continue reading Preparations against third wave of COVID-19 underway in Banke

G7 to counter China’s belt and road with infrastructure project – senior US official

Reuters: The Group of Seven rich nations will announce on Saturday a new global infrastructure plan as a response to China’s belt and road intiative, a senior official in U.S. President Joe Biden’s administration said. The official, who spoke to reporters on condition of anonymity, said the United States would also push the other G7… Continue reading G7 to counter China’s belt and road with infrastructure project – senior US official