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Commercial bank's non-performing loan rises to 5.44% as individual bank faces up to 15.55%

Nepal, Aug. 16 -- The average non-performing loan (NPL) of 20 commercial banks surged to 5.44 percent, while that of individual banks soars as high as 15.55 percent amid a notable rise in their bad lo... Read More


UML and NCP reach Koshi power-sharing deal, cabinet expansion by Monday

Nepal, Aug. 15 -- The deadlock over ministerial portfolios in the Koshi Province government has been broken, with the CPN-UML and Nepali Communist Party (NCP) agreeing on the number of ministries each... Read More


Power-sharing deadlock leaves Karnali CM without Cabinet for 18 days

Nepal, Aug. 15 -- Eighteen days after taking charge as Chief Minister of Karnali Province, Mangal Bahadur Shahi is still running the government without a Cabinet as the ruling coalition remains deadlo... Read More


Oli returns to Jhapa for the first time after March 5 elections

Nepal, Aug. 15 -- CPN-UML Chairman KP Sharma Oli has returned to Jhapa for the first time since the March 5 elections, making his first visit to the district since the polls. Oli landed at Chandragad... Read More


Deuba camp rejects Special Convention, seeks NC reunification

Nepal, Aug. 15 -- Leaders of the rival faction of the Nepali Congress (NC) have called for party unity while rejecting the legitimacy of the special general convention held in January, saying it was c... Read More


Parliamentary committee urges dignified language after MP Sunar's remarks on IGP Karki

Nepal, Aug. 14 -- The Law, Justice and Human Rights Committee has urged lawmakers and invited officials to maintain dignity and use respectful language during committee meetings. Committee Chairperso... Read More


Sujata Koirala urges Deuba to accept Gagan Thapa's leadership

Nepal, Aug. 14 -- Nepali Congress (NC) leader Sujata Koirala has urged outgoing party president Sher Bahadur Deuba to rise above leadership rivalry and accept party president Gagan Kumar Thapa's leade... Read More


Pak embassy marks 80th Independence Day with flag-hoisting ceremony

Nepal, Aug. 14 -- The Embassy of Pakistan in Kathmandu held a flag-hoisting ceremony on Friday to mark Pakistan's 80th Independence Day. Pakistan's Ambassador to Nepal Mohammad Aamir Khan unfurled th... Read More


Govt forms facilitation panel to implement pact with Gen Z movement injured, martyr families

Nepal, Aug. 14 -- The government has formed a committee to facilitate the implementation of an agreement signed with injured people and martyr families of the Gen Z movement that occurred on September... Read More


Khag Raj Bhatta appointed Sudurpaschim chief minister, to take oath today

Nepal, Aug. 14 -- Sudurpaschim Province has a new chief minister, with Khag Raj Bhatta, leader of the Nepali Communist Party's provincial parliamentary party, appointed as the province's fifth chief m... Read More