Kathmandu— A clandestine network supplying young women to hotels across Kathmandu Valley by private vehicles has been exposed, following the arrest of a key intermediary. Police say photographs of at least 50 young women were recovered from the suspect’s mobile phone, indicating the scale of the operation. According to the…
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HoR polls: Spending cap fixed at up to Rs 3.3 million, mandatory banking channel for all expenses
by Nepal Pulseby Nepal PulseKathmandu — The Election Commission has fixed the maximum election expenditure limit for candidates contesting the House of Representatives election scheduled for February 21, with ceilings varying by constituency based on accessibility. According to the Commission, candidates from five constituencies in Kathmandu — constituencies 1, 3, 6, 7 and 8…
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Reliance Finance puts founder shares up for sale
by Nepal Pulseby Nepal PulseKathmandu — Reliance Finance has announced the sale of a portion of its founder (promoter group) shares, with the offer initially limited to existing founder shareholders. In a notice issued by the company, it stated that the number of shares and the offer price have not been disclosed. Interested founder…
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Nepal Life to sell 200,000 promoter shares
by Nepal Pulseby Nepal PulseKathmandu — Nepal Life Insurance Company has announced the sale of 200,000 units of its promoter (founder group) shares. Issuing a notice on Tuesday, the company said the sale process will begin from Wednesday. Eligible individuals or institutions interested in purchasing the shares have been invited to submit bids. The…
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Russia’s nuclear-capable Oreshnik missiles have entered active service, Moscow says
by Nepal Pulseby Nepal PulseAgency- Russia’s nuclear-capable Oreshnik missile system has entered active service, Russia’s Ministry of Defense said Tuesday, as negotiators continue to search for a breakthrough in peace talks to end Moscow’s war in Ukraine. Troops held a brief ceremony to mark the occasion in neighboring Belarus where the missiles have been…
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Bangladesh’s former prime minister Khaleda Zia dies aged 80
by Nepal Pulseby Nepal PulseAgency- Bangladesh’s former prime minister Khaleda Zia, who many believed would sweep elections next year to lead her country once again, died on Tuesday aged 80, her Bangladesh Nationalist Party (BNP) said. Despite years of ill health and imprisonment, Zia vowed in November to campaign in elections set for February…
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Dr Kunjang Sherpa elected Vice-Chairman of Nepal Medical Council
by Nepal Pulseby Nepal PulseKathmandu— Cardiologist Dr Kunjang Sherpa has been elected Vice-Chairman of the Nepal Medical Council (NMC). Dr Sherpa, who currently serves at Bir Hospital, was previously a member of the Council. According to the final vote count completed on Sunday, Dr Sherpa secured 5,234 votes, defeating his closest rival Dr Gurusharan…
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Congress finally submits PR closed list after technical delay
by Nepal Pulseby Nepal PulseKathmandu — The Nepali Congress has submitted its closed list of candidates for the proportional representation (PR) system for the upcoming House of Representatives elections to the Election Commission. The party submitted the list late on Tuesday after a delay caused by the Election Commission’s failure to immediately recognize the…
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Gold, silver prices plunge sharply; gold down by Rs 7,900 per tola
by Nepal Pulseby Nepal PulseKathmandu — After days of steady increases, the domestic prices of gold and silver dropped sharply on Tuesday, according to the Nepal Gold and Silver Dealers Federation. The price of gold fell by Rs 7,900 per tola, settling at Rs 262,100 on Tuesday. Gold had been traded at Rs 270,000…
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PM Karki Sends Symbolic Message of Calm, Democracy by Gifting Buddha’s Photo to Durga Prasai
by Nepal Pulseby Nepal PulseKathmandu — Prime Minister Sushila Karki has delivered a strong symbolic message urging calm, restraint, and democratic engagement by presenting a photograph of Lord Gautam Buddha to campaign leader Durga Prasai, effectively counterbalancing the earlier gesture in which Prasai had gifted her a statue of Goddess Durga. The exchange took…