NEWS

The value of Rupee plunged further to a new low of Rs 119.33 against US dollar, according to the reference rate set by the Nepal Rastra Bank for Wednesday.On Tuesday, the US dollar was traded at Rs 118.8. This means the Nepal Rastra Bank will sell one US Dollar on Friday at Rs 119.33, the most ever. This reference rate will be used by…

"Navaratri Parba" or the nine-night festival of Bada Dashain, the great festival of the Hindus of Nepal, commenced from Wednesday.The first day of Bada Dashain festival is called "Ghatasthapana" that falls on Aswin Shukla Pratipada, the first day of the bright half of the lunar calendar in the month of Ashoj.On the day of Ghatasthapana,…

Nepal tourism started the peak autumn season with a flourish, recording a 33.8 percent jump in arrivals in September, thanks to strong growth from India and China. According to the Nepal Tourism Board (NTB), the country received 91,820 foreign visitors in September.Nepal has four main seasons—spring, summer, autumn, and winter. Autumn…

Coca-Cola is all set to bring the international television game show ‘Who Wants to be a Millionaire’ Nepali edition (को बन्छ करोड्पती) to Nepal.The original U.S. version aired on ABC from August 16, 1999 to June 27, 2002, and was hosted by Regis Philbin.According to Coca-cola, the show has been named ‘Ko Bancha Crorepati’ and will be…

Nepal Electricity Authority (NEA)—the state-owned power utility—and Indian government owned NTPC Vidyut Vyapar Nigam (NVVN) are close to signing a memorandum of understanding (MoU) to export electricity generated by Nepali hydropower plants to Bangladesh, using the Indian transmission line.According to NEA Managing Director Kulman Ghising,…

Prospective Nepali migrant workers to Malaysia might not have to bear hefty departure amount if a draft agreement between Nepal and Malaysia is to be inked. The draft agreement agrees that Malaysian employer will bear all the costs of going on employment to Malaysia, a popular destination of Nepali migrant workers.Nepali youths seeking job…

Traffic police have booked as many as 1,288 cabbies in the past two months for cheating commuters and engaging in unethical business practices.According to Metropolitan Traffic Police Division, it was part of a special operation launched by traffic police to make the cabs systematic in Kathmandu valley. On-duty personnel and plainclothes…

India has agreed in principle to extend the Amlekhgunj-Motihari petroleum pipeline to Chitwan. Similarly, the southern neighbour has also expressed its consent on building an additional pipeline system to import liquefied petroleum gas (LPG) along with allowing movement of 53 Nepali LPG bullets to Indian Oil Corporation (IOC) terminals in…

Nepal ranked 102nd out of 162 countries and territories included in the Economic Freedom of the World: 2018 Annual Report, released today by Samriddhi Foundation in conjunction with Canada’s Fraser Institute. Last year, Nepal had ranked 107th.Samriddhi Foundation is releasing the report in Nepal for the 11th consecutive year. Economic…

Nepal is likely to be the first country in the world to double its tiger population. On the occasion of National Conservation Day today, Nepal announced that there are now an estimated 235 wild tigers in the country, nearly doubling the baseline of around 121 tigers in 2009.According to a press release issued by WWF, Nepal, if these trends…