Discontent outside lingers as Oli tightens control in his party

Nepal, Dec. 20 -- KP Sharma Oli has completed a hat-trick of victory as CPN-UML chair, which shows he's still got a massive backing in the party, even if party dissidents and people outside the UML ar... Read More

Effort to keep Pokhara's Lakeside open for 24 hours backfires

Nepal, Dec. 20 -- On November 8, 2023, the High Court, Pokhara, issued an interim order allowing the tourist area of Lakeside to remain open 24 hours. The court directed the District Administration Of... Read More

UML 11th General Convention rejects Gen-Z rebellion

Nepal, Dec. 20 -- The 11th General Convention of the CPN-UML has outrightly rejected the Gen-Z rebellion of September 8 and 9, describing it as an episode of destruction and political change carried o... Read More

Gold price escalates by Rs 1,800 as it bounces back from historic high of Rs 260,700 per tola in a week

Nepal, Dec. 20 -- The price of gold in the domestic market increased Rs 1,800 per tola (11.6638 grams) last week. According to the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA... Read More

Karki Govt's 100 days: Election mission, preparations accelerate

Nepal, Dec. 20 -- The interim government led by Sushila Karki, formed on the strength of the Gen-Z movement, completes 100 days on Saturday. During the Gen-Z-led protests against rampant corruption, t... Read More

Frenz Football Academy Singapore signs deal with Lumbini Football Academy to boost Nepali football

Nepal, Dec. 20 -- Singapore's Frenz International Football Academy and Lumbini Football Academy in Dang have signed an agreement to develop grassroots football in Nepal. The deal was signed on Saturda... Read More

NRB to invest Rs 1.20 billion in BFIs, invites applications

Nepal, Dec. 20 -- According to the notice, NRB plans to invest Rs 960 million in Class A commercial banks, Rs 180 million in Class B development banks, and Rs 60 million in Class C finance companies. ... Read More

President Paudel issues HoR election Ordinance

Nepal, Dec. 19 -- President Ram Chandra Paudel on Friday issued the House of Representatives Member Election (First Amendment) Ordinance. President Ram Chandra Paudel on Friday issued the House of Re... Read More

Rabi Lamichhane released on Rs 37.48 million bail

Nepal, Dec. 19 -- Court officials said Lamichhane appeared in person and submitted a bank guarantee equivalent to the bail amount, following which he was released. Rastriya Swatantra Party (RSP) Chai... Read More

FDI commitments in agriculture reach Rs 22 billion

Nepal, Dec. 19 -- According to the Department of Industry (DoI), a total foreign investment commitment of Rs 38.59 billion was recorded in the first five months of the current fiscal year. In the mont... Read More

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