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Dahal as the PM

By Dr. S. Chandrasekharan Oli Resigns: On the 25th of July, moments before the voting of the No confidence motion in the Assembly, Oli tendered his resignation.  The President had given a week’s time to the parties to decide on the future Prime Minister. Oli was bitter.  He had reasons …

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Indian Home Minister’s failed visit to Pakistan

By Shokat Indian Home Minister Rajnath Singh arrived in Pakistan on August 3, this year to participate in the 3-day conference of the interior ministers/home ministers and other delegates of the South Asian Association for Regional Cooperation (SAARC) member states, held in Islamabad. Home Minister Rajnath Singh’s visit came at …

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Indian visa policy should look to long term

By Shi Lancha Given its unusual sensitivity, the Indian authorities’ visa policies toward Chinese personnel often reflect the latest twists and turns in the Sino-Indian relations. Two recent events tellingly demonstrated this point. In the aftermath of India’s failed bid to join Nuclear Supplier Group (NSG), which New Delhi blamed …

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Tibet receives over 6.8 mln tourists in H1

LHASA, Aug. 4 (Xinhua) — More than 6.8 million Chinese and foreign tourists visited southwest China’s Tibet Autonomous Region in the first half of 2016, up 31.9 percent year on year, authorities said Thursday. Tourism revenue during the period increased by 32.1 percent year on year to 7 billion yuan …

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NIBL to acquire Ace Dev Bank

Nepal Investment Bank Ltd (NIBL) is set to acquire Ace Development Bank Ltd. A memorandum of understanding in this regard was signed between NIBL and Ace Development Bank amid a function here on Friday, as per a media release. Nepal Investment Bank is a class ‘A’ commercial bank with a …

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Chandragiri cable car service begins

On Monday the 24 of Shrawan 2073 the Bhaleshwor temple situated at the top station of the Chandragiri cable car was inaugurated as per Hindu rights and rituals. The directors and the promoters of the Chandragiri hills limited were present at the sight and the residents of Chandragiri, Chitland and …

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Prime Commercial Bank was awarded with business excellence award 2016

Prime Commercial Bank Ltd (PCBL) has bagged ‘The Bizz 2016 Business Excellence Award’ from World Confederation of Businesses (WORLDCOB). Issuing a statement, the commercial bank said that its CEO Narayan Das Manandhar received the award on behalf of the bank amid a ceremony held in Texas on Sunday. “The Bizz …

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Homeowners insurance mandatory for all

The Insurance Board (IB) has started work to make it mandatory for individuals to insure their homes. Presently, buyers of homeowners insurance are mostly home building companies and homeowners who build houses with bank loans. Most homeowners do not have insurance against natural disasters, fire, theft or other mishaps. The …

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5% discount for Visa cardholders at Bhat-Bhateni

Visa, the global leader in payments technology, has announced an attractive discount of 5 % on groceries, to all Visa cardholders shopping at Bhat-Bhateni stores. Issuing a statement, the company said that the offer is valid till October 19 across the 12 Bhat-Bhateni stores across the country. “Nepal is an …

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Qatar Airways special scheme

Qatar Airways has announced a special promotional sales in Nepal, offering discounts of up to 50%. The promotion will continue until August and tickets are valid for travel between 1 August, 2016 and 31 March, 2017. Issuing a statement, the airline said leisure travel with families or business travellers can …

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