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Monthly Archives: May 2018

Border Pillers go missing

Kathmandu, 29 May: Sixteen border pillars have gone missing at the Nepal-India border in Panchthar district, reports Kantipur daily. A monitoring by Panchthar police found 16 out of 103 pillars missing at Yangwarak Rural Municipality-1 and 2 and Falelung Rural Municipality-3, 4 and 7 in the district. The district shares …

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Murder-convict enjoys Presidential pardon

Kathmandu, 29 May : Erstwhile CPN (Maoist Center) leader Balkrishna Dhungel, a murder convict, has been released from Dillibazaar prison after getting presidential pardon on Tuesday, reports Online Khabar. Dhungel and 816 other prisoners doing their time in country’s various prisons have been released after they were pardoned for their …

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Chinese team completes study

Kathmandu, 28 May : A team of Chinese technicians has completed a pre-feasibility study of the Rasuwagadhi-Kathmandu railway, reports RSS. The team of Chinese technicians, and also comprising Nepalis, started the study from Kathmandu on May 20 and completed the study in Trishuli of Nuwakot and Rasuwagadhi (Timure) of Rasuwa, said …

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CPN-Forum sign a pact

Kathmandu, 28 May :The Upendra Yadav-led Federal Socialist Forum-Nepal on Monday signed a two-point agreement with the ruling Nepal Communist Party, reports Online Khabar. In the agreement, Prime Minister KP Sharma Oli and former PM Pushpa Kamal Dahal’s party has consented to amend the constitution as demanded by the Forum …

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‘Politicians, police involved in gold smuggling’

Kathmandu, 28 May : Chudamani Upreti aka Gore, the alleged mastermind behind 33 kg gold smuggling case, told Morang District Court on Sunday that high-ranking officers of Nepal Police and political leaders were tied to the international gold smuggling racket, all print media of today have reported. Without pronouncing  names, Gore …

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Century Bank expanding

Kathmandu, 28 May : Rajesh Kumar Shrestha, chairman of Century Commercial Bank (CCB), formally inaugurated the bank’s branch at Mandikatar in Budanilkantha. Moreover, the bank has also opened its extension counter at ward office of Ward Number 12, Kapan area of Budanilkantha Municipality, as per a press statement. The bank has …

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Burden of debt rising

Kathmandu, 28 May : Each Nepali carries a debt burden of around Rs 29,000, the government’s economic survey data says,  media report citing the national survey. The national economic survey presented in Parliament on Sunday showed that the amount increased by Rs 4,000 and reached Rs 29,000 in the current fiscal …

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Conducive investment environment, positive impact on the economy

By Sharachchandra Bhandary Kathmandu, 28 May : Environment for investment is gradually becoming favourable as the country is headed towards political stability following the three tiers’ election as per the new constitution. Improving in the supply system, availability of energy, expansion of the trade sector, and acceleration of construction and reconstruction …

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Gore goes to gaol

Kathmandu, 27 May : The Morang District Court has completed recording the statement of Chundamani Upreti alias Gore, the alleged mastermind in the 33.5 kg gold smuggling case and sent him to the judicial custody. Clerks of the court, who started recording his statement on Wednesday, have prepared a 37-page-long …

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NCP withdraws support

Kathmandu, 27 May : The newly-formed Nepal Communist Party on Sunday obstructed the provincial assembly proceedings and withdrew its support to the government of Province 2, reports Online Khabar. Despite the withdrawal, the Province 2 government still has a majority as it is backed by the Federal Socialist Forum and Rastriya Janata …

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