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NEPSE plunges 3.86% as market faces broad declines
Economy and Business

NEPSE plunges 3.86% as market faces broad declines

KATHMANDU: The Nepal Stock Exchange (NEPSE) saw a steep dip on Tuesday, closing at 2,782.60 points after falling 111.96 points, or 3.86%. The index was down 79 points on Sunday when it was a...

Slight increase in petroleum imports for first month of FY 2024/25
Society

Slight increase in petroleum imports for first month of FY 2024/25

KATHMANDU: In January 2024–2025, there was a little rise in the importation of petroleum products into Nepal. Petroleum imports into the nation during this time totaled Rs. 18.75 billion, wh...

Naresh Bhatta ordered to stay in custody as evidence revealed in wife's disappearance case
Crime

Naresh Bhatta ordered to stay in custody as evidence revealed in wife's disappearance case

KATHMANDU: Naresh Bhatta, charged with concealing the body of his wife, Mamata Kafle, has been ordered to remain in police custody with no bond. This decision follows disturbing evidence pre...

CPN (Unified Socialist) elections for 18 office-bearers and 84 politburo members set for today
Politics

CPN (Unified Socialist) elections for 18 office-bearers and 84 politburo members set for today

KATHMANDU: Elections for 18 office-bearers and 84 politburo members of the CPN (Unified Socialist) are taking place today. Positions up for election include Senior Vice Chairman, Vice Chairm...

Nepal Police Headquarters issues summons for 20 personnel to report for duty
Society

Nepal Police Headquarters issues summons for 20 personnel to report for duty

KATHMANDU: Nepal Police Headquarters has issued a summons for 20 of its personnel to report for duty within the next seven days. The notice, released today, instructs officers of various ran...

Rajendra Pandey elected unopposed as senior vice-chairman of CPN (Unified Socialist)
Politics

Rajendra Pandey elected unopposed as senior vice-chairman of CPN (Unified Socialist)

KATHMANDU: Following Ghanendra Basnet's withdrawal from the race, Rajendra Pandey was elected without opposition to the position of senior vice-chairman of the CPN (Unified Socialist). Despi...

Writ petition filed against SC Registrar's refusal to recognize aviation safety concerns
National

Writ petition filed against SC Registrar's refusal to recognize aviation safety concerns

KATHMANDU: A writ case challenging the Supreme Court Registrar's denial to acknowledge aviation safety as a public concern has been filed by attorney Anupam Bhattarai. The law is being chang...

Dr. Mukul Dhakal challenges RSP's expulsion decision
Politics

Dr. Mukul Dhakal challenges RSP's expulsion decision

KATHMANDU: In response to being removed from his roles as general secretary and ordinary member, Dr. Mukul Dhakal filed an appeal with the Rastriya Swatantra Party (RSP). In Dhakal's opinion...

RSP expels Dr. Mukul Dhakal from the party altogether
Politics

RSP expels Dr. Mukul Dhakal from the party altogether

KATHMANDU: The Rastriya Swatantra Party (RSP) has decided to expel Dr. Mukul Dhakal from the party altogether. In a Central Committee meeting on Tuesday, the party resolved to dismiss him no...

Banke police seize 34 tolas of gold and 10.5 kg of silver
Crime

Banke police seize 34 tolas of gold and 10.5 kg of silver

KATHMANDU: In Banke, police have confiscated a significant amount of gold and silver. On Monday afternoon, authorities apprehended several individuals who were found with 34 tolas of gold an...

Prachanda to address HoR on political developments in special session today
Politics

Prachanda to address HoR on political developments in special session today

KATHMANDU: Today’s House of Representatives meeting, scheduled for 1 pm, will feature a special address by Pushpa Kamal Dahal Prachanda, Chairman of the main opposition party Center. Prachan...

Nepal's commercial banks reduce bad debt ratio by 3.34% in last fiscal quarter
Economy and Business

Nepal's commercial banks reduce bad debt ratio by 3.34% in last fiscal quarter

KATHMANDU: During the final three months of the fiscal year 2023-2024, Nepal's commercial banks' bad debt ratio fell from 3.89 percent to 3.76 percent. This progress is being driven by banks...