NRB tightens import of luxurious items

Nepal Rastra Bank (NRB) has tightened imports of some luxurious items to further discourage imports as rising imports have put pressure on foreign exchange reserves. In a circular issued on Monday, the central bank has made an arrangement to keep cash margin when opening LC (letter of credit) in banks for importing such items.

Snowfall prompts seasonal migration in Humla

The residents of Hilsa Bazaar on the Nepali side of the Nepal-China border have come down to the district headquarters Simkot leaving the houses in the care of six caretakers. The owners of the houses have gone to Simkot after handing over the houses to guards as businesses could not be operated due to the snowfall and ensuing cold. Karma Lama, who operates the Manasarovar Hotel in Hilsa, said that he went to Simkot leaving the hotel to a caretaker.

Blanket distributed to needy in Nepalgunj

Blanket and warm clothes were distributed to poor, helpless and needy elderly citizens in Nepalgunj as they were facing problem with the dipping mercury in winter season. Two different welfare organisations--Freedom Fighter Ramgopal Baishya Memorial Academy and Kashaudhan Baishya Society--jointly distributed warm clothes to the beggars and needy people living around Bagheshwori Temple.

Over dozen foreigners held with gold at TIA in two weeks

Tribhuvan International Airport (TIA) security officials have arrested over a dozen foreign nationals with more than three kilograms of gold in a period of less than two weeks since December 9. On December 9, the officials detained 31-year-old Satham Hussain Segu Abubacker, an Indian national, from the international arrival parking area. Satham had arrived by flight number RA230 of Nepal Airlines from Dubai. “When Satham was being taken to Kathmandu Medical College (KMC) in Sinamangal for routine...

Govt takes initiative to revise trade strategy

The government is planning to formulate a new trade integration strategy to promote the export of Nepali products and support in the economic development of the country and job creation. The Ministry of Industry, Commerce and Supplies (MoICS) is working to create a new version of the strategy that largely failed to achieve the goals set in the past.

Biting cold affects life across Terai

Sudden surge of chilling cold has started affecting life in various parts of the Terai region. According to the Department of Hydrology and Meteorology (DHM), temperature has dipped in the Terai districts in the past few days. Sameer Shrestha, a senior meteorologist at DHM, said that severe cold has hit the Terai areas but it is not a cold wave. “Cold wave is an unusually large and rapid fall in temperature over a short period of time such as in 24 hours but presently we cannot say that cold...

Pandemic Impact On Child Development

As the world is still reeling under the COVID-19 pandemic, it has created a lot of adverse impacts on the health, learning and psychosocial development of children. The pandemic has left dreadful effects on child education, most notably those from poor and deprived families. Children need to develop early stimulation activities like naming objects, counting, drawing, reading books, telling stories, singing, dancing and going outside among others to be on track of their normal physical as well as...

Work As Per People’s Aspirations

Over the last few months, Nepal has witnessed a series of democratic exercises within the leading political parties that have elected their leadership by holding general conventions. In this process, a lot of power struggle, power swapping and bargaining has happened which doesn’t quite fit with the democratic principles. It has also been seen that it is still a struggle for able women and people representing the marginalised communities to reach top positions.

Research Matters To Development

The word “research” is derived from the Middle French "recherche," which means "to go about seeking" and the earliest recorded use of the term was in 1577. Its role is attached to the development of nation states. Research is important not only for the lives of people hailing from all racial, cultural, and socio-economic backgrounds, but also for the economic and social development of countries across the globe. It contributes to the development of nationhood in the field

Winter Arrival

Like clockwork, the seasons have changed and it is winter again. Winter solstice takes place in December 21st yearly and heralds the start of winter in the Northern hemisphere. December 21st is also the shortest day while its night is the longest. The word solstice is derived from Latin in which sol stands for “sun” and sistere means “to stand still”. In simpler terms, it translates to “sun stands still.” Winter solstice used to be celebrated by ancient civilisations in hopes that sun...