National

President Paudel honors Palesha Govardan for historic Paralympic bronze medal

President Paudel honors Palesha Govardan for historic Paralympic bronze medal

KATHMANDU: President Ram Chandra Paudel honored Nepali Taekwondo player Palesha Govardan and her coach, Kabiraj Negi Lama, at a ceremony held at the President's Office, Shitalniwas. Palesha...

Finance Minister Paudel highlights focus on result-oriented projects for economic growth

Finance Minister Paudel highlights focus on result-oriented projects for economic growth

KATHMANDU: The administration's goal is to achieve economic growth by strategic investments in high-potential projects, as highlighted by Bishnu Prasad Paudel, the deputy prime minister and...

Nepal Airlines struggles with mounting Rs 51.26 billion debt

Nepal Airlines struggles with mounting Rs 51.26 billion debt

KATHMANDU: The government-owned airline Nepal Airlines Corporation (NAC) is having a difficult time paying off its enormous debt of Rs 51.26 billion as a result of its incapacity to grow and...

Nepal's public debt surges nearly fivefold over a decade

Nepal's public debt surges nearly fivefold over a decade

KATHMANDU: Nepal's public debt has increased by almost five times in the last ten years, mostly as a result of the government's incapacity to drastically reduce wasteful spending and greatly...

Rasuwa Customs Office sees increase in revenue

Rasuwa Customs Office sees increase in revenue

KATHMANDU: In the month of Shrawan (mid-July to mid-August) of the current fiscal year 2024/25, the Rasuwa Customs Office saw a significant increase in revenue, collecting Rs 1.54 billion co...

Ncell secures 5-year license renewal with first installment of NPR 5 billion paid

Ncell secures 5-year license renewal with first installment of NPR 5 billion paid

KATHMANDU: The service operating license of Ncell, a significant telecommunications provider in Nepal, has been successfully extended for an additional five years. The Council of Ministers'...

Ministry of Finance forms rapid inspection teams to combat revenue leakages

Ministry of Finance forms rapid inspection teams to combat revenue leakages

KATHMANDU: Two fast inspection teams have been formed by the Ministry of Finance (MoF) to deal with illicit trade and revenue leaks. The deputy director general of the Inland Revenue Departm...

Nepal Bar Association protests against Judicial Council Regulations amendments

Nepal Bar Association protests against Judicial Council Regulations amendments

KATHMANDU: The Nepal Bar Association (NBA) staged a protest outside the Judicial Council Secretariat on Sunday to voice their disapproval of recent changes made to the "Regulations of the Ju...

Nepal government moves to remove five-year statute of limitations on corruption investigations

Nepal government moves to remove five-year statute of limitations on corruption investigations

KATHMANDU: The government has decided to eliminate the five-year statute of limitations on corruption investigations from the bill amending the Corruption Control Act, 2059 BS. This decision...

MCC Nepal Compact signs $12.36 million contract for 18 km cross-border transmission line

MCC Nepal Compact signs $12.36 million contract for 18 km cross-border transmission line

An 18-kilometer cross-border energy transmission line contract for USD 12.36 million has been signed, marking an important milestone for the Millennium Challenge Corporation (MCC) Nepal Compact. Co...

Agreement reached to advance transmission line construction for Middle Bhotekoshi Hydropower Project

Agreement reached to advance transmission line construction for Middle Bhotekoshi Hydropower Project

KATHMANDU: An agreement has been reached to advance the construction of the transmission line for the 102-megawatt Middle Bhotekoshi Hydropower Project in Sindhupalchowk. The agreement was f...

Minister Sudi calls for equal rights and empowerment of women

Minister Sudi calls for equal rights and empowerment of women

KATHMANDU: At the ECAN Women's Leadership Conference on ‘Empowerment of Women in Leadership and Entrepreneurship,’ held to mark the ‘28th ICAN Day,’ Minister for Women, Children, and Senior...