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Kathmandu: CPN (UML) Chairman KP Sharma Oli and Nepali Congress Acting President Purna Bahadur Khadka held a high-level meeting on Monday to discuss coordination for the upcoming National Assembly elections. The meeting took place from 9 am to 11 am at Oli’s residence in Gundu, Bhaktapur. Acting President Khadka arrived…

Kathmandu- Nepal Police have uncovered a counterfeit currency printing factory operating in Gokarneshwor Municipality-8 of Kathmandu and arrested two individuals in connection with the illegal operation. Those arrested have been identified as 28-year-old Gauri Shankar Yadav of Bara district and 28-year-old Ravi Kumar Srivastava of Motihari, India. The arrests were…

Kathmandu: Rastriya Swatantra Party (RSP) President Rabi Lamichhane has sharply criticized the top leadership of Nepal’s traditional political parties, accusing them of political vendetta and failed governance. Addressing the party’s integration announcement meeting, Lamichhane described the legal cases filed against him as acts of revenge. Using sarcasm, he remarked that…

Kathmandu: Vijay Laghubitta Bittiya Sanstha Limited has opened its Follow-on Public Offering (FPO) for subscription from today. The microfinance institution is issuing the FPO to maintain the shareholding ratio of 70:30 between founder shareholders and the general public. Following the merger of former Naya Sarathi Laghubitta Bittiya Sanstha and Vijaya…

Kathmandu — Banks and financial institutions have significantly reduced lending to low-income and poor borrowers amid growing difficulties in loan recovery, even as overall credit flow in the banking system continues to expand. According to data from Nepal Rastra Bank, outstanding credit extended to poor borrowers declined by 18.88 percent…

Kathmandu — The commission of inquiry formed to investigate the incidents of Bhadra 23 and 24 has summoned Kathmandu Metropolitan City Mayor Balendra Shah for a formal statement. According to the commission, statements have already been recorded from key political figures including then Prime Minister KP Sharma Oli, then Home…

Washington — US President Donald Trump has publicly demanded “total access” to Venezuela, with a particular focus on the country’s oil resources, following the removal of President Nicolás Maduro through US military action. Speaking to reporters aboard Air Force One on Sunday night, Trump said the United States needed unrestricted…

Kathmandu — The CPN-UML has begun finalizing its candidates for the upcoming House of Representatives elections by single-recommending the names of its top leaders from various constituencies across the country. Party Chair KP Sharma Oli has been single-recommended from Jhapa Constituency No. 5, while senior leader Ishwor Pokharel has been…

Kathmandu — The price of gold surged sharply in the domestic market on Monday, increasing by Rs 4,600 per tola, according to the Federation of Nepal Gold and Silver Dealers Association. With the latest revision, gold is being traded at Rs 265,000 per tola, up from Rs 260,400 per tola…

Kathmandu — The probe commission formed to investigate the crackdown and subsequent violence during the Gen Z movement has completed the process of recording statements and has now moved toward drafting its final report. Former Prime Minister and CPN-UML Chair KP Sharma Oli has submitted a written statement to the…