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Karnali Development Bank in problem, NRB takes over

Kathmandu, Dec 25: Nepal Rastra Bank (NRB), the central bank of Nepal, has declared Karnali Development Bank as a problematic financial institution. The decision was made during a meeting of NRB's Board of Directors. Following this declaration, NRB has assumed the management responsibilities of the bank, which has its head

The False Promise of “Responsible Mining”

Instead of delivering a just energy transition, the CMSI would allow extractive industries to prioritize profit over clean air and

Public debt reaches Rs 2,500 billion, interest payment exceeds development…

With the growing size of public debt each year, the expenditure for servicing its interest has also increased, now surpassing

Rabi Lamichhane suspended from HoR member

The Member of House of Representatives (HoR) elected from Chitwan-2, Rabi Lamichhane, has been suspended from the post automatically, according

Father, son found dead in Bhaktapur, Police begins investigations 

Kul Prasad Acharya, the acting chief of the District Postal Office in Khotang, was found dead along with his younger

Recording of statements of RSP Prez Rabi Lamichhane begins in…

Recording the statements of five defendants, including Rastriya Swatantra Party (RSP) President and former Home Minister Rabi Lamichhane, accused of

High-level meeting to improve Nepal’s situation in anti-money laundering

The top political and administrative leaders and representatives of the concerned bodies held a meeting on evaluation of Nepal's situation

Daily four-hour power outage in Birgunj-Pathlaiya industrial corridor

Industries in the Birgunj-Pathlaiya industrial corridor have started facing significant challenges due to daily four-hour power outages during evening hours.

PM Oli felicitates NPL Champions Janakpur Bolts

Prime Minister KP Sharma Oli has felicitated the players and the managers of Janakpur Bolts, the title-holders of the first

The World Needs Ocean-Based Climate Solutions

This omission represents a vital opportunity, which countries should seize as they prepare their NDC submissions before the February deadline.