Economy and Business

Ncell faces deadline to pay 20 billion rupees by May 18 for license renewal

KATHMANDU: Ncell, a prominent telecommunications provider, is facing a crucial deadline to renew its license by paying 20 billion rupees before May 18, as mandated by the Telecommu...

Dead body found in Sukedhara, Kathmandu

KATHMANDU: Dead body of a man was discovered in Sukedhara, Kathmandu, as reported by the Police Beat in the area. The body was found in a drain near the Sukedhara Chowk earlier thi...

Swedish Ambassador to Nepal leads trade delegation for EU-Nepal Business Forum

KATHMANDU: Ambassador Jan Thesleff of Sweden to Nepal is scheduled to visit Kathmandu from May 14 to 17, accompanied by representatives from Swedish businesses and officials from t...

Activist Dr. Nicholas Bhusal arrested for chanting slogans at SC premises

KATHMANDU: Activist Dr. Nicholas Bhusal was arrested on Sunday evening for chanting slogans in support of cricketer Sandeep Lamichhane, who has been convicted in a rape case, on th...

SC scraps Worldlink's writ petitions, allows government to collect royalty revenue

KATHMANDU: The Supreme Court (SC) made a decisive ruling on Sunday, scrapping all eight writ petitions filed by Worldlink Communications, an internet service provider, against the...

CIAA files corruption case against Security Printing Center officials

KATHMANDU: The Commission for the Investigation of Abuse of Authority (CIAA) has made the decision to initiate legal proceedings, alleging corruption in the procurement of equipmen...

105 Gharial crocodiles released into Rapti River for conservation efforts

KATHMANDU: A total of 105 Gharial crocodiles, raised at the crocodile breeding center of Chitwan National Park, have been released into the Rapti river as part of conservation effo...

Government stalls outer ring road project despite 2 decades of planning

KATHMANDU: The construction of the outer ring road project, aimed at connecting the three districts of Kathmandu Valley with a comprehensive road network, faces uncertainty after m...

Kami Rita Sherpa sets new record summiting Mt Everest for 29th time

KATHMANDU: On Sunday, Kami Rita Sherpa achieved a remarkable feat by summiting Mount Everest for the 29th time, breaking his own previous record. He reached the peak of the 8,848-m...

Kailali border crossing temporarily closed for Indian Lok Sabha Elections

KATHMANDU: The Kailali border crossing will undergo a temporary closure starting from this evening due to the Lok Sabha elections in India. Shiva Raj Joshi, Administrative Officer...

Nepali guide dies descending Mount Makalu, first fatality of spring climbing season

KATHMANDU: Nepal reported the first fatality of the spring climbing season as a Nepali guide succumbed after summiting Mount Makalu, the world's fifth-highest mountain. Lakpa T...

Bagmati Province reports 38.92% budget expenditures in current fiscal year

KATHMANDU: As of the current fiscal year 2080-81 BS (2023-24), the Bagmati Province government has reported a budget expenditure of 38.92 percent. However, the government'...