Nepal

Kathmandu — Police have recovered approximately Rs 18 million and taken into custody a Sumo vehicle along with its driver in connection with the robbery at the SBI Bank branch in Hayutar, Bastipur, Ghyanglekh Rural Municipality–2, Sindhuli. According to the District Police Office, Sindhuli, a group of five to six…

Kathmandu — Police have arrested one individual along with a vehicle in connection with the robbery at SBI Bank in Ghyanglekh Rural Municipality–2, Sindhuli. According to the District Police Office, Sindhuli, the robbery occurred at around 7:00 pm. Following the incident, police launched an immediate operation and have intensified investigations,…

Kathmandu — The Nepali Congress has entered a decisive and volatile phase as its Special General Convention advances amid deep internal divisions, pushing the country’s oldest democratic party to the brink of a formal split. The Special Convention was convened by a majority of general convention delegates after the party…

Kathmandu — The Ministry of Finance has approved Rs 19.11 billion in resource consent for the upcoming House of Representatives election scheduled for Falgun 21, ensuring funding for key state agencies involved in the electoral process. According to the Ministry of Finance, the approved budget will be distributed among three…

Kathmandu- A major insurance fraud involving staged road accidents and forged police documents has been uncovered in Kathmandu, exposing collusion between police personnel, insurance employees, vehicle owners, and drivers. Investigators say insurance claims worth Rs 8.1 million were illegally collected by fabricating 29 fake accidents, of which 27 claims were…

Kathmandu — The Council of Ministers meeting held on December 11 approved 19 major decisions, including the endorsement of the National Policy Against Human Trafficking, 2082, and a recommendation to convene a session of the National Assembly. Announcing the cabinet decisions, Interim Government Spokesperson and Minister for Communications and Information…

Kathmandu — Nepal Communist Party (NCP) Coordinator Pushpa Kamal Dahal ‘Prachanda’ and Co-Coordinator Madhav Kumar Nepal have taken the oath of office amid an ongoing program at the party’s central office in Parisdanda. The oath was administered in the presence of senior party leader Nanda Kumar Prasai. During the same…

Kathmandu — Nigalo Hotel Limited has formally initiated the process of issuing an Initial Public Offering (IPO) to the general public. The company has appointed Muktinath Capital Limited as the issue and sales manager for the IPO. An agreement to this effect was signed during a formal ceremony by Tika…

Kathmandu — Solu Hydropower Limited has opened its Initial Public Offering (IPO) for the general public from today, February 29. The IPO follows the completion of share allotments to project-affected local residents and Nepalis employed abroad. The company has received approval to issue 20 million ordinary shares, equivalent to 20…

Kathmandu — The Nepali Congress has officially made public the election schedule for selecting new leadership through its ongoing Special General Convention. Senior Advocate Sitaram KC, coordinator of the Election Committee, announced the detailed timetable on Tuesday. According to the published schedule, voting for the party’s Central Committee will take…