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NC to contest all seats independently, rules out pre-poll alliances

Nepal, Feb. 6 -- Nepali Congress (NC) has ruled out forming any electoral alliances ahead of the upcoming March 5 House of Representatives (HoR) election, stating that the party will contest independe... Read More


Hotel Forest Inn issues IPO, 3.32 million shares open for general public

Nepal, Feb. 6 -- Hotel Forest Inn has issued an initial public offering (IPO), opening applications for the general public from Thursday under the second phase of issuance. The company is offering 3.... Read More


Today's weather: Mist to blanket Terai; hilly, mountainous regions to remain fair

Nepal, Feb. 6 -- The Weather Forecasting Division said that currently there is no impact of a remarkable weather system in the country, while mist and fog are persisting in some southern parts (Terai)... Read More


Directives issued to control price hike of daily essentials

Nepal, Feb. 5 -- The Department of Commerce, Supplies and Consumer Protection has directed producers, importers and distributors to stop the sudden and unjustified price hike seen in daily consumer go... Read More


When Cost-Cutting Threatens Universal Health Coverage

Nepal, Feb. 5 -- The Constitution has guaranteed citizens' right to health. In a country with a democratic system of governance like ours, ordinary citizens must be ensured access, particularly to the... Read More


Govt limits funding assurance for multi-year projects to three years

Nepal, Feb. 5 -- The government has capped the validity of its budgetary funding assurance for multi-year contract projects at a maximum of three fiscal years. Issuing a new guideline on Wednesday, t... Read More


BFIs focus on short term loans to minimize risks amid increasing bad debts

Nepal, Feb. 5 -- Banks and financial institutions (BFIs) increased private sector lending by 3.4 percent in the first six months of the current fiscal year (FY), with a growing focus on short-term and... Read More


Seven, including five Bangladeshis, arrested for unlawful confinement, fraud

Nepal, Feb. 5 -- Nepal Police have arrested a gang involved in unlawful confinement and fraud. A team from the Kathmandu District Police Range arrested seven people who allegedly rented a house in Bh... Read More


Forex Updates: USD selling at Rs 145, euro at 171.22

Nepal, Feb. 5 -- The buying rate for one pound sterling is Rs 197.91, and the selling rate is Rs 198.73. One Swiss franc is being bought at Rs 185.89 and sold at Rs 186.66. One Australian dollar has ... Read More


Oli's dig at Balen: A passenger claiming to fly the plane is risky

Nepal, Feb. 5 -- CPN UML chair KP Sharma Oli has said that a person sitting on a plane as a passenger claiming to fly it is not only irrelevant but also risky. Addressing an interaction program organ... Read More