About 15.50 billion secured in the business continuity loan repayment account

About Rs. 15.50 billion is sure to be deposited in the business continuity loan repayment account. The amount will be deposited from the government and various government agencies. According to the Ministry of Finance, Rs. 5 billion will be deposited in the account by Nepal Oil Corporation, Rs. 3 billion by Nepal Rastra Bank, Rs. 2 billion by Citizens Investment Trust and Rs. 2 billion by the Deposit and Credit Guarantee Fund.

Get ready for elections: DPM Pokhrel

Deputy Prime Minister and Secretariat member of the ruling Nepal Communist Party (NCP) Ishwar Pokhrel has asked party leaders and cadres to be prepared for the upcoming mid-term elections. Stating that the government had been negatively portrayed by the party insiders, DPM Pokhrel asked party leaders to reach the public by clarifying all the misunderstandings. Addressing the party’s Bagmati provincial gathering here on Wednesday, DPM Pokhrel said, “There should be no doubt about the election....

House dissolution writs referred to constitutional bench

The Supreme Court on Wednesday referred all writs filed against the dissolution of the House of Representatives to the Constitutional Bench. A single bench of Chief Justice Cholendra Shumsher JBR decided to refer the cases to the constitutional bench which is formulated to interpret the debate related to constitution. The single bench ordered to refer all the writs to constitutional bench stating that the issue was subject to constitutional interpretation. Now, hearing of all the writ petitions...

NCP factions approach EC for official recognition

A faction of Nepal Communist Party (NCP) led by its chairmen Pushpa Kamal Dahal ‘Prachanda’ and Madhav Kumar Nepal on Wednesday submitted a letter to the Election Commission (EC), Nepal claiming official recognition of their party. The faction submitted the documents claiming that they hold two-thirds majority in the party, so that the official recognition of the party should be granted to their faction. NCP’s Standing Committee member and former Finance Minister Surendra Pandey said, “Our...

226 quake-damaged schools reconstructed in Kavre

Reconstruction of 226 schools damaged by the 2015 earthquake in Kavrepalanchowk district has finished. The schools were reconstructed by the National Reconstruction Authority’s District Project Implementation Unit (Education) with loan assistance from the Asian Development Bank, grant from the Government of India and help from various organisations. The Unit had started the work from the fiscal year 2016/17.

Trump threatens COVID relief, Pelosi urges ‘sign the bill’

Trump assailed the bipartisan $900 billion bill and broader government funding package in a video he tweeted out Tuesday night and suggested he may not sign the legislation.

China urges U.S. to stop suppressing Chinese companies: FM spokesperson

"The United States should stop its erroneous practice of abusing state power and stretching national security concept to suppress foreign companies,"

UN criticises Trump's pardons for Blackwater guards jailed over Iraq killings

The UN has sharply criticised President Donald Trump's decision to pardon four former Blackwater contractors jailed over the killing of 14 Iraqi civilians.

Is China a Democratic Country?

This means that not only the Communist Party of China, but also at least eight other parties are playing an important role.

Number of men victimised by wives on the rise in Tanahu

"Men who go abroad for employment are found to have been victimised by wives. Many men come here to lodge a complaint that when they returned home from foreign employment, they found their wives eloped with other men with all the money and property," said Karki.