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USAID announces $1.37 million to support Jajarkot earthquake recovery efforts

KATHMANDU, Feb. 8 -- The United States Government, through USAID, has announced $1.37 million to support recovery efforts following the devastating 2023 earthquake in Jajarkot. The 5.6-magnitude eart... Read More


Nepal sets 225-run target for Canada in bilateral series opener

KATHMANDU, Feb. 8 -- Nepal has set a target of 225 runs for Canada in the opening match of the Nepal-Canada ODI Bilateral Series. Nepal won the toss, opting to bat first and scored a total of 225 run... Read More


FAN estimates demand for 350,000 rose stems on Valentine's Day this year

KATHMANDU, Feb. 8 -- Floriculture Association Nepal (FAN) has said that there is a demand for 350,000 stems of roses this year. Min Bahadur Tamang, president of the FAN, said that 10 percent of the t... Read More


Three individuals including Arun Chaudhary arrested in connection with Bansbari shoe factory land-grab scam to be released today

KATHMANDU, Feb. 7 -- Police have made necessary preparations to release three individuals including Arun Kumar Chaudhary who were arrested on the charge of embezzlement of 10 ropani government land be... Read More


Kathmandu District Court remands four individuals involved in sending Nepali citizens abroad on fake visit visas

KATHMANDU, Feb. 7 -- The Kathmandu District Court has ordered to send four people including an immigration officer to judicial custody on charge of sending Nepali nationals on fake visit visas to diff... Read More


Nepal's forex reserves escalate to record-high amount at $ 13.69 billion, sufficient for goods and services imports of 12.1 months

KATHMANDU, Feb. 7 -- Remittance inflow increases by 25.3 percent, current account surplus remains at Rs 161.62 billion Nepal is cushioned with a notable rise in the foreign currency reserves as of mi... Read More


Loans from banks and financial institutions to private sector increases by Rs 192.64 billion till mid-January

KATHMANDU, Feb. 7 -- The loans extended by banks and financial institutions to the private sector increased by 4.9 percent in the first six months of the current fiscal year, according to the Nepal Ra... Read More


NAC struggles to sell Chinese aircraft worth billions of rupees even at scrap value

KATHMANDU, Feb. 7 -- The Nepal Airlines Corporation (NAC) issued global tender bids again on Tuesday after it received no proposal for the five Chinese aircrafts put up for auction by the state-owned ... Read More


NEPSE inches up 4.92 points; daily turnover increases slightly to Rs 2.84 billion

KATHMANDU, Feb. 7 -- Nepal Stock Exchange (NEPSE) on Wednesday increased marginally by 4.92 points to close at 2,090.64 points. The market opened at 2,085.71 points and reached the day's high at 2,10... Read More


Siddhartha Hospitality Group Celebrates 26th Anniversary

KATHMANDU, Feb. 7 -- Siddhartha Hospitality Group, the operator of the five-star hotel 'Siddhartha Vilasa' and various hotels and cafes in Bhairahawa, celebrated its 26th anniversary on Tuesday. Sidd... Read More