Kathmandu — Around 30,000 Nepalis who have been working in Iraq for years without official work permits are set to receive legal recognition from the Government of Nepal. The decision was made by the Cabinet meeting held on December 10, according to Minister for Labour, Employment and Social Security Rajendra…
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Share Trader Dipendra Agarwal Released on Bail
by Nepal Pulseby Nepal PulseKathmandu — Share trader Dipendra Agarwal has been released after a court ordered his release on bail. He was freed on Thursday following a judicial decision in the case related to alleged insider trading in the stock market. Agarwal had been in custody for the past 10 days. Arrested on…
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Homework Begins for Unity Between Ujyaala Nepal and Progressive Democratic Party
by Nepal Pulseby Nepal PulseKathmandu— Preparatory discussions have begun for possible political unity between the Ujyaala Nepal Party, patronised by Energy Minister Kulman Ghising, and the Progressive Democratic Party, backed by former minister Janardan Sharma. The move comes shortly after Rastriya Swatantra Party (RSP) President Rabi Lamichhane and Kathmandu Metropolitan City Mayor Balendra Shah…
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Election code of conduct approved, to be effective from January 15
by Nepal Pulseby Nepal PulseKathmandu- The Election Commission has sanctioned the Election Code of Conduct 2082 BS, which will be implemented for the forthcoming House of Representatives elections slated for March 5. The code of conduct, which was published on the Commission’s website today, is set to take effect in the first week of…
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Congress to Exclude Repeat PR MPs, New Faces to Get Priority
by Nepal Pulseby Nepal PulseKathmandu- The Nepali Congress has decided not to repeat any leaders who previously became lawmakers through the proportional representation (PR) system, opting instead to prioritize new candidates in the upcoming elections. The decision was taken at a meeting of the party’s Performance Committee, which is currently engaged in finalizing names…
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Oli Ready to Respond to Inquiry Commission, Will Not Appear in Person
by Nepal Pulseby Nepal PulseKathmandu- 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…
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Speaker and Deputy Speaker Complete Terms, Speaker Set to Vacate Official Residence
by Nepal Pulseby Nepal PulseKathmandu- 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…
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Ridge Line Energy IPO Opens; Here Is the Application Deadline
by Nepal Pulseby Nepal PulseKathmandu- 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…
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Gold and silver prices reach all-time high
by Nepal Pulseby Nepal PulseKathmandu- 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…
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Proportional Representation Election Process Begins; Parties Claim 135 Seats in First Hour
by Nepal Pulseby Nepal PulseKathmandu- 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…