National News
Will the Budget Deliver? Government Under Intense Pressure to Raise Civil Service Salaries
A legal obligation to review salaries every three years has forced a government committee to propose a massive wage hike for civil servants, posing a complex spending challenge for the Ministry of Finance in the upcoming budget.
3 months ago
‘Cockroach Janta Party’ Surpasses BJP’s Instagram Follower Count in Historic Five-Day Surge
A satirical youth movement named "Cockroach Janta Party" has surpassed the ruling BJP's Instagram follower count within five days.
3 months ago
Nepal’s Ambitious Strategic Masterplan Aims for 28,500 MW Capacity by 2035
The Ministry of Energy, Water Resources, and Irrigation has unveiled its 'Energy Consumption Growth and Export Strategy, 2083', targeting 28,500 MW of installed capacity and the commissioning of over two dozen high-voltage cross-border and domestic transmission lines within a decade.
3 months ago
US-China Economic Rapprochement: Beijing Finalizes 200-Jet Boeing Agreement
China formalizes a commitment to acquire 200 Boeing jets as President Trump’s Beijing visit yields key trade agreements, including components guarantees and proposed tariff reductions.
3 months ago
Himalayan Tourism Boom: Mountaineering Royalties Inject NPR 1.25 Billion Into Nepal’s Economy
Nepal's Department of Tourism has issued a staggering 1,181 climbing permits to international expeditionists from 79 nations for the Spring 2026 season, with Mount Everest leading both climber volume and state revenue generation.
3 months ago
Nepal Telecom Expands Rural 4G Network Footprint
Nepal Telecom (NT) has expanded high-speed 4G mobile broadband to remote, high-altitude settlements across Dolpa, Taplejung, and Sankhuwasabha, prioritizing digital inclusivity over commercial profitability under the government's FY 2083/84 policy.
3 months ago
Shifting from Remittances to IT: Finance Minister Dr. Wagle Outlines Nepal’s New Economic Blueprint
Finance Minister Dr. Swarnim Wagle declared that the government is steering the country away from a two-decade reliance on foreign remittances, prioritizing digital infrastructure, e-governance, and clean energy instead. Speaking at the Nepal Business Summit, he promised a highly reform-oriented upcoming budget designed to foster private enterprise and secure a long-term "governance dividend" for the public.
3 months ago
Indian Stocks Face Severe Foreign Sell-Off in May; Capital Outflow Hits Record INR 2.2 Lakh Crore This Year
Foreign Portfolio Investors (FPIs) pulled an additional INR 27,048 crore from Indian equities in May 2026, pushing total year-to-date capital flight to a staggering INR 2.2 lakh crore. This rapid unwinding, which already outpaces the entire capital exit of 2025, has placed severe pressure on the local currency, dragging the Indian Rupee down to an all-time low of 96.14 against the US Dollar.
3 months ago
The Trillion-Rupee Tournament: 2026 World Cup Set to Trigger a $100 Billion Economic Windfall
The upcoming 2026 FIFA World Cup, jointly hosted by the USA, Canada, and Mexico, is projected to shatter all historical records with an economic turnover reaching up to $100 billion. To combat extreme North American summer temperatures, FIFA has introduced an unprecedented rule mandating official "cooling breaks" during both halves of every match to protect player welfare.
3 months ago
Jerome Powell Appointed Interim Chairman of the U.S. Federal Reserve Pending Leadership Transition
The U.S. Federal Reserve has officially appointed Jerome Powell as interim chairman following the conclusion of his second formal term. Powell will temporarily lead the central bank until newly confirmed successor Kevin Warsh takes the oath of office, while continuing his broader commitment to serve as a Federal Reserve Board Governor until 2028.
3 months ago
Modernizing Public Transport: Industry Leaders Call for Better Passenger Care and Professionalism
Transport entrepreneurs in Kathmandu have urged for a paradigm shift in the public transport sector, stressing that respectful passenger treatment, hygienic food services, and modernized IT systems are vital to transforming the industry's image and improving road safety.
3 months ago
WHO Declares Cross-Border Ebola Outbreak in DR Congo and Uganda a Global Health Emergency
The WHO has declared a global health emergency over an expanding Ebola outbreak spanning DR Congo and Uganda. With no approved vaccines available for this specific Bundibugyo strain, international agencies are racing to enforce strict isolation protocols across both countries to suppress a pathogen that carries an average 50% fatality rate.
3 months ago