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PM Karki vows to transfer power to the elected government within six months with heads of diplomatic missions

Kathmandu, Oct. 17 -- Prime Minister Sushila Karki has pledged to transfer power to a democratically elected government within the next six months. Addressing heads of diplomatic missions and residen... Read More


Govt endorses work plan to expedite concessional loans for startups

Kathmandu, Oct. 17 -- According to the plan, proposals under the Startup Loan Facilitation Scheme-which offers collateral-free loans at a concessional 3 percent interest rate-will be invited from aspi... Read More


Michael Foley appointed as CEO of Ncell

Kathmandu, Oct. 17 -- Ncell has appointed Michael Foley as its new Chief Executive Officer (CEO), effective November 1, 2025. Foley succeeds Syed MD Enamul Kabir, who had been serving as Acting CEO. ... Read More


Hulas and Ashok Steel begin paying electricity arrears for dedicated and trunk lines

Kathmandu, Oct. 17 -- Hulas Steel Industries, operating in Simara and Bara has begun repaying its electricity arrears for consumption through dedicated and trunk lines to the Nepal Electricity Authori... Read More


AI boom delivers record net profit for Taiwan's TSMC

Nepal, Oct. 16 -- Taiwanese tech titan TSMC reported Thursday a record net profit for the third quarter on skyrocketing demand for microchips used to power iPhones and artificial intelligence. Taiwan... Read More


Maoist leader Dev Gurung casts doubts over govt's effort to hold elections

Nepal, Oct. 16 -- Senior leader of the CPN (Maoist Centre) Dev Gurung has expressed doubts over the likelihood of upcoming elections, accusing the government of failing to create a free and fair elect... Read More


NC sets eight-point agenda for CWC meeting (With list of agenda)

Nepal, Oct. 16 -- Nepali Congress (NC) has finalized eight agenda items for its Central Working Committee (CWC) meeting being held for the first time after the Gen Z protests that toppled the KP Oli-l... Read More


Daily turnover increases to Rs 3.27 billion while NEPSE falls below 2,500 points

Nepal, Oct. 16 -- Nepal Stock Exchange (NEPSE) on Thursday plummeted 18.40 points to close at 2,487.17 points. The secondary market opened at 2,505.58 points and surged to the day's high at 2,522.6 p... Read More


The Madagascar colonel who sent the president fleeing and took power

Nepal, Oct. 16 -- Colonel Michael Randrianirina had already become the face of Madagascar's military mutiny when he stood in uniform outside the presidential palace on Tuesday and told AFP the army ha... Read More


'Chameliko Phool Baijani Rumal': After years of novels, Subin Bhattarai returns to his roots

Nepal, Oct. 16 -- Celebrity writer Subin Bhattarai, who first made his literary debut with Kathaki Patra - a collection of short stories - has returned to the genre that launched his career. His lates... Read More