Disaster rescue and relief funds total Rs 17.75 billion

Nepal, Oct. 14 -- A total of Rs 17.75 billion has been deposited in the Prime Minister Natural Disaster Rescue Fund and the Prime Minister Relief Fund to support people affected by floods in the Bhote... Read More

Bagmati-based industries run at just 41 percent capacity with high production costs

Nepal, Oct. 14 -- Industries in Bagmati Province are operating at just 41.08 percent of their installed capacity due to unreliable electricity, rising production costs and dependence on imported raw m... Read More

BFIs' lending on share-backed loans soars to Rs 167.85 billion, double in three years

Nepal, Oct. 14 -- Banks and financial institutions (BFIs) have been found aggressively issuing loans against shares as collateral, with the figure reaching Rs 167.85 billion as of mid-September this y... Read More

Fourteen internet service providers fined for violating NTA standard

Nepal, Oct. 14 -- Nepal Telecommunications Authority (NTA) has fined 14 internet service providers Rs 50,000 each after they were proved operating the services against criteria endorsed by it. Accor... Read More

National grid reaches remote Hatiya, Kimathanka to follow this FY

Nepal, Oct. 14 -- National transmission line has been extended to Hatiya of Bhotekhola rural municipality-3, the northern and remote area of Sankhuwasabha. With the expansion of the transmission line... Read More

NEPSE surges 21.32 points as daily turnover declines to Rs 4.13 billion

Nepal, Oct. 14 -- The Nepal Stock Exchange (NEPSE) on Wednesday climbed by 21.32 points to close at 2,621.26. Despite a notable rise in its index, the secondary market had its daily turnover decrease... Read More

Nepali commercial banks' profits rise 7.32 percent amid persisting economic challenges

Nepal, Oct. 14 -- Nepal's commercial banks recorded a 7.32 percent increase in combined net profits during the first two months of Fiscal Year (FY) 2026/27, despite sluggish credit demand, excess liqu... Read More

Parliamentary hearings committee rejects two ambassadorial nominees, puts third on hold

Nepal, Oct. 14 -- In what could be an unprecedented development, the Parliamentary Hearings Committee (PHC) on Wednesday rejected the government's nominations of ambassadors to Saudi Arabia and Malays... Read More

Ujyalo Nepal Party launches signature campaign for removal of 5 pct VAT on electricity bill

Nepal, Oct. 14 -- The Ujyalo Nepal Party has restarted its signature campaign demanding the removal of the five percent value-added tax (VAT) imposed on electricity bills. The signature campaign that... Read More

Nepal elected to UN Human Rights Council for 2027-2029 term

Nepal, Oct. 14 -- Nepal has been elected to the United Nations Human Rights Council (UNHRC) for the 2027-2029 term, securing 173 of the 180 votes cast in the UN General Assembly-the highest tally in i... Read More

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