Nepal

Kathmandu- Former Prime Minister and CPN-UML Chair KP Sharma Oli has agreed to present his statement to the Commission of Inquiry, though he will not appear personally at the commission’s secretariat in Singha Durbar. Sources close to both the CPN-UML and the Commission of Inquiry say Oli is prepared to…

Kathmandu- Speaker of the House of Representatives Devraj Ghimire and Deputy Speaker Indira Rana are set to leave office after the completion of their constitutional terms. According to Ghimire’s communications expert Shekhar Adhikari, the Speaker is also preparing to vacate the official government residence. He has already arranged alternative accommodation…

Kathmandu- Ridge Line Energy Limited has opened its initial public offering (IPO), issuing shares in the first phase to residents of project-affected areas and Nepalis employed abroad. The company has received approval from the Securities and Exchange Board of Nepal (SEBON) to issue a total of 2.607 million ordinary shares…

Kathmandu- The price of gold and silver has increased continuously in the domestic market in recent period. Following the trend, the prices of the yellow metal and silver have reached all-time high in the domestic market today. According to the Federation of Nepal Gold and Silver Dealers’ Association, gold is…

Kathmandu- The formal process for the House of Representatives elections scheduled for February 21 has begun, with political parties starting to submit their closed lists of candidates under the proportional representation (PR) system. According to the election timetable, parties are required to submit their PR closed lists on February 13…

Kathmandu- A single bench comprising all 19 sitting judges of the Supreme Court is set to convene on Sunday. The full bench, led by Chief Justice Prakash Man Singh Raut, is expected to deliberate on procedural timelines affected after court files were destroyed in a fire on Bhadra 24. Earlier,…

Kathmandu— The Rastriya Swotantra Party (RSP) has decided to accord second priority to Kathmandu Metropolitan City Mayor Balendra Shah (Balen), following party president Rabi Lamichhane, after the two sides reached a unity agreement. Although the seven-point agreement signed early Sunday does not explicitly mention Balen’s position within the party hierarchy,…

Kathmandu — Rastriya Swotantra Party (RSP) President Rabi Lamichhane and Kathmandu Metropolitan City Mayor Balendra Shah (Balen) have signed a seven-point agreement, formally uniting their political paths ahead of the upcoming House of Representatives elections. Under the agreement reached early Sunday morning, Rabi Lamichhane will continue as the president of…

Kathmandu— Prime Minister Sushila Karki has held discussions with top leaders of three major political parties at the Prime Minister’s official residence in Baluwatar. The meeting, which began earlier today, brings together senior leaders to discuss current political developments and governance-related issues. Top Political Leaders Attend the Meeting Present at…

Kathmandu — The business volume of non-life insurance companies in Nepal has reached close to Rs 19.5 billion, according to the latest data published by the Nepal Insurance Authority. As of mid-Mangsir (November) of the current fiscal year, total insurance premiums collected by non-life insurers stood at Rs 19.48 billion,…