The government has made public ten decisions from the Cabinet meeting held on Shrawan 4. Government spokesperson and Minister for Communication and Information Technology, Prithvi Subba Gurung, announced the decisions during a regular press briefing on Wednesday. Minister Gurung informed that the Cabinet approved the voluntary retirement request of Deputy Attorney General Dr. Tek Bahadur Ghimire, effective from 2082/4/2 (Nepali calendar). Similarly, the Cabinet decided to form a negotiation team under the leadership of a Joint Secretary from the Ministry of Finance to hold talks with the World Bank regarding the acceptance of a proposed $10 million grant assistance for…
The Nepal Stock Exchange (NEPSE) index saw a modest improvement today, rising by 5.17 points to close at 2,978.88. A total of 319 companies were traded, with 44,866,159 shares changing hands across 170,318 transactions. The total trading volume amounted to approximately NPR 19.57 billion. Several sectors saw a decline, including banking (down 0.25%), development banks (down 0.92%), hotels and tourism (down 1.10%), life insurance (down 0.50%), microfinance (down 0.72%), and non-life insurance (down 0.61%). However, other sectors posted gains, with the finance group recording the highest increase at 3.23%. Hydropower rose by 0.88%, investment by 0.90%, manufacturing and processing by…
Prime Minister KP Sharma Oli has reiterated that he is committed to the national resolution of "not engaging in corruption and not allowing others to do so" and assured that the government remains firm and dedicated to this cause. Speaking during a question-and-answer session at the House of Representatives on Wednesday, the Prime Minister stated that no officials at any level of government are above the law. He emphasized that if financial irregularities are found, legal action will be taken accordingly. He also criticized the trend of some individuals constantly attempting to defame the Prime Minister without basis. “There seems…
he House of Representatives has unanimously approved the proposal to consider the "Ship Operation and Management Bill, 2081" that originated in the National Assembly. According to Rule 112 of Rule 79 of the House of Representatives Regulations, members who wish to propose amendments to the bill may submit them at the House of Representatives, Federal Parliament Secretariat, Singha Durbar. (RSS)
The Central Committee of the CPN-UML has rejected the membership renewal request of former President Bidya Devi Bhandari. UML General Secretary Shankar Pokharel stated that the party concluded it would be inappropriate for a former president to return to active politics, leading to the decision not to renew her party membership. "We reached a conclusion in yesterday's meeting. Considering the role she is expected to play for the country, it would not be appropriate for her to return to party politics. With this conclusion, the matter of her membership has become inactive by default. In that sense, we have postponed…
Kathmandu: The Communist Party of Nepal (Unified Marxist–Leninist) [CPN-UML] has made public the decisions of the Central Committee meeting held until midnight on Tuesday. Speaking at a press conference at the party headquarters in Chyasal on Wednesday afternoon, Rajendra Gautam, Head of the Central Publicity and Publication Department, made the decisions public. Press Release The ninth plenary meeting of the CPN-UML Central Committee has concluded by unanimously endorsing the proposal related to the amendment of the party statute, with suggestions. On Ashad 11, the Secretariat meeting had tasked Chairman KP Sharma Oli with preparing the political report, Vice Chairman Bishnu…
Kathmandu, July 23 – The meeting of the House of Representatives has officially commenced. On today's agenda, Speaker Devraj Ghimire is set to table for decision the proposal to deliberate on the “Ship (Operation and Management) Bill, 2081”, which originated in the National Assembly. However, the scheduled address by Prime Minister KP Sharma Oli to the Federal Parliament has been postponed. No reason for the postponement has been made public yet.
Sindhupalchok, July 23 – Nepali nationals stranded in China after a devastating flood in the Lhendhe River on Asar 24 (early July) are finally returning home today via the Tatopani border point in Sindhupalchok. The flood had swept away the Nepal–China friendship bridge, preventing many Nepalis from returning home. Following diplomatic efforts, including an appeal made on Monday by Rasuwa's Member of Parliament, Engineer Mohan Acharya, to Minister for Foreign Affairs Dr. Arzu Rana Deuba, the repatriation process has now been initiated. During the meeting, MP Acharya raised concerns about the delay in bringing back Nepalis stranded in Kerung, the…
Sarlahi, July 23 – Following an incident of physical assault on a doctor, all services except emergency care at the Provincial Hospital in Malangawa, the district headquarters, have been halted. Outpatient Department (OPD) services have been suspended since Tuesday in protest of the attack. According to the hospital's Medical Superintendent, Dr. Sanjeev Singh, all services except for emergency care have been shut down, demanding legal action against the perpetrator. The incident occurred on Monday night when relatives of a patient—who had sustained a bone fracture—assaulted orthopedic doctor Dr. Krishnajung Sah over a referral decision to another facility for further treatment.…
Kathmandu, July 23 – On the fourth trading day of the week (Wednesday), the price of gold has increased in the Nepali market. According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of hallmark gold rose by NPR 2,100 per tola today. With this increase, hallmark gold is now being traded at NPR 197,600 per tola. Likewise, silver has also seen a price hike of NPR 30 per tola, bringing its trading price to NPR 2,350 per tola, the Federation reported.