NEWS

Nepal Rastra Bank has unveiled the Monetary Policy (MP) for Fiscal Year 2020/21.Governor of NRB Maha Prasad Adhikari unveiled the policy.The policy is focused on economic stability and achieving economic growth of 7pc in 2020-21.As per new provision, the banks will now require to invest 15 per cent of their total loan portfolio in…

The government will bear all expenses for rescuing Nepali nationals stranded in foreign countries due to the COVID-19 pandemic.As per the "Work procedure prepared to bring back stranded citizens 2077" approved by the Council of Ministers on Monday, those Nepali nationals who are stuck abroad due to coronavirus will be brought back home at…

The Multi-System Operators (MSO) have decided to stop the broadcast of Indian news channels in Nepal, on Thurday.According to the operators’ latest decision, viewers will not have access to any Indian news channels, except for the Indian state owned Doordarshan news.The move comes in the wake of unfounded reports on Nepal carried by…

Indian Army has reportedly banned its personnel from using 89 apps in their smartphones including PUBG, Facebook, Instagram, Indian Army sources were quoted as saying on NDTV, an Indian News TV Channel.According to the news report, the Indian Army in a seeming attempt to stop the leakage of information has ‘asked’ its personnel to delete 89…

Nepal Telecommunications Authority (NTA) has started the process of providing WIFI service free of cost at Mount Everest Base Camp (EBC).The NTA has stepped up efforts toward this direction amid growing complaints from the mountaineers that the internet service in the region is too expensive and of low quality. According to the…

The Home Ministry issued a directive on Monday according to which law enforcement authorities can nab anyone who goes out of house without a mask. Going out of house sans mask will be treated as an offense as per the Infectious Diseases Act, 1964.Officials have deducted that the people have not been adhering to the rules following the…

Almost 60 per cent construction work of Pokhara Regional International Airport has been completed. The China-based CAMC Engineering Company has been entrusted with the contract to complete the project by 10 July 2021.The estimated project cost is Rs 22 billion. Construction of the airport had begun three years ago Most of the airport…

When do Kathmanduites get to drink Melamchi water? Officials of the Ministry of Water Supply, who have been facing this question for years, announced at a press conference on Sunday afternoon that the project has entered the completion phase.The Melamchi tunnel was filled with water at 9:45 am on Sunday. Government officials have called it…

The construction of the long-delayed Upper Tamakoshi Hydropower Project moved a step closer to completion after crews installed a 305-metre-long upper penstock shaft on Sunday, a very challenging and risky task.The lower penstock shaft, which is 367 metres long, was installed in May.Construction work on the 456 megawatt project located…

Nepal Airlines Corporation (NAC) has marked its 62 years of service on July 1.Since its establishment in 1958, NAC has witnessed lots of ups and downs and finally the national flag carrier is on a way for betterment, states a press statement issued today.Already facing loss, the coronavirus pandemic has further deteriorated the…