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Kathmandu- The Council of Ministers has approved the investment and ownership modality of the Budhi Gandaki reservoir-based hydropower project, a national pride project to be constructed in Dhading and Gorkha districts. Under the approved framework, the Government of Nepal will hold an 80 percent share in the project promoter company,…

Kathmandu- Kathmandu Metropolitan City Mayor Balendra Shah has resigned from his post, formally stepping down on Sunday. Shah submitted his resignation to Deputy Mayor Sunita Dangol, in line with the legal provision that local level chiefs must submit their resignation to the deputy chief, and vice versa. In his resignation…

Agency- Venezuela’s interim president on Friday dismissed businessman Alex Saab, a close ally of deposed leader Nicolas Maduro, from his post as minister of industry. In a Telegram message, Delcy Rodriguez announced the ministry would be combined with a commerce ministry and thanked Saab — a Colombian-born Venezuelan — “for…

Kathmandu-The Sher Bahadur Deuba faction of the Nepali Congress has strongly rejected the Election Commission’s decision recognizing the special general convention led by Gagan Thapa and Bishwaprakash Sharma, describing the convention as a “so-called gathering” and announcing plans for political resistance and legal action. A meeting of the Deuba faction…

Kathmandu- The Government of Nepal and the Nation, Nationality, Religion, Culture and Civil Defense Campaign, Nepal, led by Durga Prasai, have reached an agreement addressing the campaign’s 27-point set of demands. The agreement was signed between Minister for Communications and Information Technology Jagdish Kharel, who coordinated the government’s negotiation team,…

Kathmandu- Nepali Congress President Gagan Kumar Thapa has stated that there will be no discrimination or retaliation within the party, particularly in the distribution of election tickets, following the Election Commission’s decision to recognize the Thapa-led leadership. Speaking to Online News after the Election Commission granted official authority to the…

Kathmandu- The Election Commission (EC) has officially recognized the special general convention of the Nepali Congress, granting legal validity to the leadership elected under the Gagan Thapa–Bishwaprakash Sharma group. A meeting of the Commission held on Friday decided to update the party records in line with the office bearers elected…

Agency- Social media companies have revoked access to about 4.7 million accounts identified as belonging to children in Australia since the country banned use of the platforms by those under 16, officials said. “We stared down everybody who said it couldn’t be done, some of the most powerful and rich…

Kathmandu- The internal dispute within the Nepali Congress has sharply escalated, with the Sher Bahadur Deuba-led faction warning of nationwide protests if the Election Commission (EC) does not recognize its leadership, while the Gagan Thapa-led group has launched a sit-in protest in front of the Commission demanding official recognition. Addressing…

Kathmandu- Neco Insurance Limited has announced a total dividend of 15.78 percent to be distributed to its shareholders from the profit of the last fiscal year. According to the company, the dividend includes 12.78 percent bonus shares based on the current paid-up capital and 3 percent cash dividend for tax…