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Political News

Government annuls Deuba’s appointments

By Our Reporter As expected by public, the government has finally annulled all political appointments made by the previous caretaker government led by Sher Bahadur Deuba. A Cabinet meeting last week had decided to revoke all political appointments citing that the appointments were made when the election code of conduct …

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Nepalis’ deposit in Swiss Bank increases surprisingly

By Our Reporter Nepal is one of the least developed countries in the world and the poorest nation in South Asia. But a recent revelation by the Swiss National Bank — the central bank of Switzerland — shows otherwise–funds parked by Nepalis increased by four times in a decade from …

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Nepali rupee to further devaluated

By Our Reporter This July, the Nepali Rupee reached an all time high of 110.37 last Friday against US dollars.  The value of US dollars set a record low of 69.16 in October of 2010. Continuous depreciation of Indian rupee vis-à-vis the US dollar has been blamed for dragging the …

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Former King celebrates birthday in Nepalgunj

By Our Reporter Former King Gyanendra has observed his 72nd birthday on 7 July in Nepalgunj. Different daily newspapers publishing from Kathmandu and Online portals have given coverage to the former King’s birthday celebrations. According to Annapurna Post daily, at 8 am on Saturday morning, the former King visited Bageshwori …

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Nepali team in China to finalize transit deal

By Our Reporter A Nepali delegation headed by Secretary at the Ministry of Industry, Commerce and Supplies Chandra Kumar Ghimire is now in Beijing to negotiate the terms of the Protocol to the Nepal-China Transit Transport Agreement. Official talks between the two sides were scheduled for Tuesday and Wednesday. The …

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Tipper accident claims 20 lives

By Our Reporter Road accidents have become common again in Nepal. Not a single day passes without a fatal road mishap. In the latest fatal accident, 20 workers died when a tipper met with an accident at Syangboche of Damodarkunda Rural Municipality in Mustang.  The tipper was carrying workers of …

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Industry Minister plans not to revive Janakpur Cigarette Factory

By Our Reporter The government has decided not to revive the state-owned Janakpur Cigarette Factory (JCF). The state-owned company was once the leading cigarette manufacturer in the country but has been closed since 2011.  The government currently spends Rs 1 million per day for salaries of its employees and other …

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Journalist Kishor Shrestha bereaved of his mother

By Our Reporter Editor of the Jana Aastha vernacular weekly and acting chairman of the Press Council Nepal, Kishor Shrestha is bereaved of his mother Narayandevi Shrestha. Late Shrestha, 77 passed away on 4 July at the Nidan Hospital, Pulchowk while undergoing treatment. She was suffering from liver disease for …

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No 4 province named Gandaki

By Our Reporter Province No. 4 has been named as Gandaki. A meeting of the Provincial Assembly held on Friday endorsed the proposal to name the province as Gandaki. The proposal was endorsed by a two-thirds majority. Of the 56 provincial lawmakers, 54 voted for the proposal and two other …

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Tangible Corrections

The past decade of populism in Nepali politics has exposed itself for what it is: mere populism. If the science of development has taught the world that there are mere two avenues for development—moneys and education—political society’s perversion of the two since the past decades has made it abjectly evident …

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