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NRB to mop Rs 60 billion from BFIs for liquidity management

Nepal, Aug. 17 -- Nepal Rastra Bank (NRB) has announced plans to raise Rs 60 billion from the market to manage liquidity. The amount will be collected through a 32-day auction, with bids from banks an... Read More


Pakistan expands rescue and relief efforts after floods kill over 200 in a single district

Nepal, Aug. 17 -- Rescue workers in northwestern Pakistan expanded relief operations Sunday after flash floods killed more than 220 people in a single district, officials said. Buner, a mountainous d... Read More


PM Oli to depart for India on army aircraft

Nepal, Aug. 17 -- Prime Minister KP Sharma Oli will use a Nepali Army aircraft for his upcoming visit to India. The process to obtain clearance for the aircraft from Indian authorities has already beg... Read More


President Paudel meets Indian Foreign Secretary Misri

Nepal, Aug. 17 -- Indian Foreign Secretary Vikram Misri, who is on a two-day visit to Nepal, paid a courtesy call on President Ramchandra Paudel at the President's Office, Sheetal Niwas, on Sunday. O... Read More


NEPSE nosedives 27.14 points while daily turnover increases to Rs 7.73 billion

Nepal, Aug. 17 -- Nepal Stock Exchange (NEPSE) on Sunday plummeted 27.14 points to close at 2,761.22 points. The secondary market opened at 2,788.36 points and went down and hit the day's high at 2,8... Read More


Nepal-India power trade: Rs 17.47 billion income, Rs 12.9 billion expense

Nepal, Aug. 17 -- Nepal earned a profit of Rs 4.57 billion from power trade in the Fiscal Year (FY) 2024/25, according to the Nepal Electricity Authority (NEA). In a commitment letter issued by Execut... Read More


Nepal: 2,853 disaster-related incidents recorded since mid-April

Nepal, Aug. 17 -- A total of 2,853 disaster incidents have occurred across the country from mid-April until mid-August, according to the National Disaster Risk Reduction and Management Authority (NDRR... Read More


Couple electrocuted by elephant-deterrent power line

Nepal, Aug. 17 -- A couple died due to electrocution in Pipara of Kanchanrup Municipality-5 of Saptari this morning. The deceased have been identified as 50-year-old Badri Sardar and his 45-year-old w... Read More


NRB raises upper slab of forex facility on import of silver as raw material

Nepal, Aug. 17 -- Nepal Rastra Bank (NRB) has increased the upper limit of foreign exchange for silver imports to US $500,000 from the existing threshold of US $300,000. Related story Revised interes... Read More


European leaders to join Zelensky in US for Ukraine talks with Trump

Nepal, Aug. 17 -- European leaders will join Ukrainian President Volodymyr Zelensky during his visit to Washington on Monday seeking an end to Moscow's invasion, after President Donald Trump dropped h... Read More