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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…

Kathmandu— The Election Committee formed by the Nepali Congress Special General Convention has decided to formally move forward with the process of selecting new party leadership. Senior advocate Sitaram KC, coordinator of the five-member Election Committee, made the election schedule public on Tuesday. According to the committee, elections will be…

Mustang— Security agencies have seized e-cigarettes (vapes) worth approximately Rs 22.4 million from the Korala border point in Mustang, highlighting continued concerns over illegal cross-border trade. According to the District Police Office, Mustang, a joint team comprising the Nepal Police, Armed Police Force, and the Mustang Customs Office intercepted a…

Kathmandu — Gold and silver prices in the domestic market have climbed to new record levels, continuing their upward trend in line with rising prices in the international market. According to the Nepal Gold and Silver Merchants Federation, the price of gold has been fixed at Rs 276,500 per tola…