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Political News

Pakistani couple arrested

Kathmandu, 6 July: A Pakistani couple has been arrested  for the second time for stealing foreign currency. “Two Pakistani nationals have been arrested for theft of foreign currencies from Rajendra Shrestha’s Davis Metro Money Exchange at Jhochen, Lalitpur from where they have stolen 900 American Dollar, 3000 Saudi Riyal and …

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Four attackers arrested

Kathmandu, 6 July:The police have arrested four persons who were fleeing after stabbing two persons from Kathmandu. A team from the Metropolitan Police Range, Kathmandu acting on a tip off arrested Asim Lama and Saroj Shrestha, both from Udayapur, Nishchal Alemagar from Kaski and Saroj Rai from Darjeeling in India. …

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CNI’s suggestion on upcoming monetary policy

Kathmandu,6 July: The Confederation of Nepali Industries (CNI) has  suggested a monetary policy, which targets payment and trade balance and adopts a democratic policy for foreign loan and infrastructure development. The policy should also help in the implementation of pro private sector policy put forward by the government, they proposed. …

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Investment, tourism and culture promotion in Thailand

Kathmandu, 6 July: The Embassy of Nepal in Bangkok, in cooperation of Honorary Consul of Nepal in Phuket, Non Resident Nepalis Association National Coordination Council (NRNA NCC)Thailand and Thai-Nepali Association (TNA), jointly organized “Nepal Evening 2019”, an investment, tourism and culture promotion programme, in Phuket, Thailand  yesterday. On the occasion, …

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CIB’s term extended to probe Lalita Niwas land scam

Kathmandu, 5 July: The government has extended the term of CIB’s team looking into irregularities in the Lalita Niwas land scam among other cases by 45 days. The government had formed a team in March and assigned it to look into the wrongful purchase of government-owned and guthi land. People’s …

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Chief Ministers go unruly

Kathmandu, 5 July: Chief Ministers of various provinces are currently abroad. However, none of them have informed diplomatic authorities while travelling abroad. According to Annapurna Post daily, some Chief Ministers are attending a conference held by NRNA while others are on a personal visit. Province 3 CM Dor Mani Paudel …

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Billions being invested on fast track project

Kathmandu, 5 July: The Government is planning to add Rs 63 billion to the Kathmandu-Terai fast track project. According to Nagarik daily, the initial DPR prepared by an Indian firm two years ago had put the cost of completion at Rs 112 billion however a recent DPR prepared by a …

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By-elections in November

Kathmandu, 5 July: The Election Commission (EC) has made internal preparations for conducting by-elections to fill 47 vacant positions at the local, provincial and federal levels of government. The EC has urged eligible voters to register with local election offices at the earliest. “Unregistered voters are not allowed to cast …

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Global IME and Janta Bank merging

Kathmandu, 5 July: Two big commercial banks with branches all over Nepal have signed a memorandum of understanding to enter into a merger, acting promptly upon the instructions of the Central bank  to ‘look for partners’. According to Global IME Bank, Janta Bank and Global IME Bank have signed an …

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Oli’s ill health blocks unification process

Kathmandu, 5 July: Owing to ill health of Khagda Oli, Chair of the Communist Party of Nepal, the pending works relating to unification of party has been stalled for the time being. As the Chair duo of the party Prachand and Oli were entrusted with the responsibility of finalizing the …

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