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Monthly Archives: July 2018

NRB unveils monetary policy, aims to reduce interest rate

By Our Reporter The Nepal Rastra Bank (NRB) has introduced its Monetary Policy of the Fiscal Year 2018/19, slashing the spread rate from 5 per cent to 4.5 per cent in an attempt to give relief to the private sector investors. This move will contribute to slightly reducing profits on …

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2 million tourist possible?

By Our Reporter Noted media persons, tourism entrepreneurs, political leaders gathered at Chandragiri Hill in Thankot, held an interaction on making success the government’s plan to bring 2 million tourists in the country by 2020. Infrastructure development minister of No 3 province Keshab Sthapit, informed about his plan for transforming …

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Anwesh Thulung Rai bags Jasuda Memorial Award

By Our Reporter On the occasion of the 205th Bhanu Anniversary on 13 July, the Bhanu Talent Preservation and Literary Committee, Ilam has awarded Anwesh Thulung Rai, a youth creative writer from Ilam, with Jasuda Memorial Youth Creative Writer Award. The award consist a purse of Rs. 10,101 with a …

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Nepal gifts one pair of rhinos to China

By Our Reporter Nepal gifted two rhinos to China last week. Prime Minister K. P. Sharma Oli handed over the two rhinos – Bhadra, a male, and Rupasi, a female, to Chinese Ambassador to Nepal Yu Hong at a ceremony held at the Office of the National Trust for Nature …

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All 13 trapped in Thai cave rescued

By Our Reporter All 12 members of a boy’s football team and their coach were rescued, after being trapped in a cave in Thailand for 18 days. The Thai navy Seals, had run the rescue operation, the success to rescue the boys was termed a miracle. Saving 13 persons from …

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France new champions, Putin Hero

By Our Reporter France won the 21st edition of the World Cup by defeating Croatia by 4-2 in the final held in Moscow on Sunday.  It was the second time France became the world champion in 20 years. France had won its first World Cup in 1998 by defeating Brazil …

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Dr Govinda KC’s condition critical, talks team formed

By Our Reporter The health condition of Dr Govinda KC, who has been staging hunger strike in Jumla since July 30, has further deteriorated since Saturday night. Medics involved in his treatment at the Jumla based-Karnali Academy of Health Sciences (KAHS), where the anti-corruption crusader has been on a hunger …

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Trump’s blitzkrieg diplomacy: downside and upside

BY M.R. JOSSE KATHMANDU: Last week, this column argued that America, under President Donald Trump, continued to annoy and flummox friends and foes while maintaining her global status as being far too important to ignore. On the eve of his July 16 Helsinki summit with Russian President Vladimir Putin – …

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Japan extends scholarships to government officers

By Our Reporter Japanese ambassador Masamichi Saigo, and Dr. Rajan Khanal, secretary of the Ministry of Finance have signed and exchanged a set to notes for extending Japan’s grant assistance up to about 274.1 million Nepali Rupees to Nepal for the implementation of the Project for Human Resource Development Scholarship …

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Trump’s agenda behind revoking racial quotas

BY WANG CONGYUE The Trump administration said in early July that it was abandoning the Obama administration’s policy of promoting diversity in universities, known as affirmative action. It stands against considering race as a factor in the admissions process, proposing race-neutral and merit-based methods. This decision matters to whether students …

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