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NIBL to provide 40 percent dividend

By Our Reporter Nepal Investment Bank Ltd (NIBL) held its 32nd annual general meeting (AGM) on 13 January. The AGM approved the proposal of distributing 40 percennt % dividend – 18 % stock dividend and 22 % cash dividend – on its total paid-up capital to its shareholders. In the …

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Anarchism in the name of loktantra

By Pushpa Raj Pradhan Is the court independent? Practically no! The court is under the parliament and the parliament is under the government or say under the prime minister. When the court and the parliament goes under the government, the government becomes totalitarian. This has been witnessed in the present …

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Government challenges parliamentary supremacy in wide body case

By Our Reporter Prime Minister K P Oli, who reiterates his commitment to zero tolerance to corruption in his every speech now seems to be trying his best to give protection to the corrupt ministers and secretaries. It is evident from the formation of a powerful committee to look into …

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Government preparing for an investment summit

By Our Reporter At a time when the local investors are saying that there is no investment friendly environment in Nepal, the government is preparing to hold an investment summit in March this year to lure the foreign investors in Nepal. According to Finance Minister Dr Yuba Raj Khatiwada, preparations …

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Government to add 12 more holidays but not on Push 27

By Our Reporter The government is now mulling over adding 12 holidays which were trimmed by it 10 months back. Stating that the high numbers of holidays were hindering the administration services, the government had cut several holidays immediately after it assumed office. But it failed to stick in its …

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PM Oli presents third report in Parliament in 11 months

By Our Reporter Prime Minister K. P. Sharma Oli addressed the parliament meeting on Sunday. It was his third address to the parliament to tell the people about the progress his government made in 11 months. However, his address drew more flak than appreciation from people as well as the …

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Foreign Minister Kono in town; Nepal-Japan sign aviation agreement

Sharachchandra Bhandary Nepal and Japan have signed an Air Service Agreement ushering in the avenues of tourism promotion and enhancing economic activities. The agreement was reached between the two countries during the official visit of Japanese Foreign Minister Taro Kono that began yesterday. The agreement signed following ministerial-level talks between …

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CIAA files case against NOC former chief Khadka

By Our Reporter The Commission for the Investigation of Abuse of Authority (CIAA) has filed a corruption case against former Executive Director of Nepal Oil Corporation Gopal Khadka on the charge of accumulating more than Rs. 186.6 million in unexplained wealth. Khadka was said to have embezzled over a billion …

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Gyawali details his 11-month performance

By Our Reporter Foreign Minister Pradeep Kumar Gyawali organised a press meet and detailed the editors about the progress the Foreign Ministry made after he resumed his Office in February last year. He also told the editors to engage in a national dialogue to develop informed and authentic foreign policy …

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