KATHMANDU : The Ministry of Finance has started homework for the implementation of the budget of the Fiscal Year 2021/22 for quick results by starting the implementation of plans and programs mentioned in the budget on time. Finance Minister Bishnu Prasad Poudel on Monday directed concerned bodies to formulate an action plan with a timetable […]
KATHMANDU : Pakistan Embassy in Kathmandu arranged a chartered flight to repatriate stranded Pakistani nationals on Monday. Pakistani nationals, who had arrived in Nepal for various purposes and in different time frames, were stranded in Nepal after the government suspended all international flights to and from Kathmandu in a bid to contain further spread of […]
KATHMANDU : The rate of infection of coronavirus decreased by 16 percent in Nepal, when compared with the rate a month ago. The infection rate was 44 to 46 percent, which decreased to 30 percent on Saturday. Among the 14,752 samples tested in the last 24 hours, 4,487 tested positive for COVID-19, taking the country’s […]
KATHMANDU: Finance Minister Bishnu Prasad Poudel is scheduled to read out the annual budget, being enacted through an ordinance at 4 pm on Saturday. Following a refusal by the Supreme Court to issue an interim order against the budgeting process on Thursday, the finance minister is set to announce the budget at the Office of […]
USA: There’s a 40% chance that the world will get so hot in the next five years that it will temporarily push past the temperature limit the Paris climate agreement is trying to prevent, meteorologists said. A new World Meteorological Organization forecast for the next several years also predicts a 90% chance that the world will set […]
KATHMANDU: South Korea has pledged to immediately provide medical supplies worth Rs 23.29 million (USD 200,000) to the Government of Nepal. The assistance will be sent to Nepal in coordination with the Embassy of Nepal in Seoul. The Korean Embassy in Nepal is also coordinating with the Government of Nepal on the amount and options […]
KATHMANDU: Nepal Rastra Bank (NRB) has barred banks and financial institutions (BFIs) from making short-term investments in the secondary market, at a time when the stock exchange market is witnessing a whopping rise in transactions. Issuing a unified directive on Tuesday, NRB permitted the BFIs to invest in stocks of listed companies only for a […]
KATHMANDU : Nepal’s earnings from merchandise exports crossed Rs 100 billion during the first ten months of the current fiscal year. This is probably the first time that the landlocked country’s export earnings crossed the threshold amount. The record with the Department of Customs (DoC) shows that the country exported goods worth Rs 108.47 billion […]
KATHMANDU : Experts estimate that the COVID infection rate will decrease after four weeks. Minister for Health and Population Hridayesh Tripathi on Monday said, “COVID infection rate may decrease in the next four weeks.” Krishna Poudel, Director of the Epidemiology and Disease Control Division, said the infection rate will decrease or remain stable in four […]
USA : Three researchers from China’s Wuhan Institute of Virology (WIV) sought hospital care in November 2019, months before China disclosed the COVID-19 pandemic, the Wall Street Journal reported on Sunday, citing a previously undisclosed U.S. intelligence report. The newspaper said the report – which provides fresh details on the number of researchers affected, the […]