KATHMANDU: It has been 23 years since the tragic massacre that wiped out King Birendra Shah’s family. On the evening of Jestha 19, 2058 BS, within the confines of the royal palace, members of the royal family, including King Birendra Shah, Queen Aishwarya, Crown Prince Dipendra, and several others, fell victim to a brutal assassination. Despite stringent security measures in place, the details of the massacre remain veiled in secrecy, haunting the collective consciousness of the Nepali populace. The abrupt end of the Shah dynasty, amidst the transition from monarchy to democracy, has left an indelible mark on the nation’s…
Author: acetech
Record-breaking mountaineer Nirmal Purja, popularly known as NIMSDAI, has been accused of sexual harassment by two female climbers. In the American newspaper ‘The New York Times’ published on Friday, the woman claimed that Purja made sexual advances towards her despite her disagreement, from kissing to touching her private parts. According to The New York Times, former Miss Finland Lotta Hinsta accused Purja of sexually assaulting her in a hotel in Kathmandu during a meeting with him on March 30, 2023. On March 2023, Purja called former Miss Finland Lotta to his hotel suite at the Marriott in Kathmandu to discuss working together…
The government announced the budget of 18 trillion 60 billion 30 million for the next financial year on Tuesday. Finance Minister Barshaman Pun presented the budget in Parliament on Tuesday and allocated 11 trillion 40 billion 66 billion rupees for current expenditure, 3 trillion 52 billion 35 billion rupees for capital and 3 trillion 67 billion rupees for financial management. The allocated budget for the next financial year is 21.56 percent more than the revised budget of the current financial year. The government has allocated 86.24 billion rupees for the health sector and 92.42 billion rupees for urban development. 2…
KATHMANDU, May 28: The government has announced a budget of Rs 1.860 trillion for the upcoming fiscal year 2024/25. Presenting the annual budget for the next fiscal year on Tuesday, Finance Minister Barsha Man Pun has announced the aforementioned budget which is more than the ceiling of Rs 1.8 trillion set by the National Planning Commission. Of the total budget, Rs 1.14066 trillion (61.31%) is allocated for recurrent expenditure and Rs 352.35 billion (18.94%) for capital expenditure and Rs 367.18 billion for financial management.
KATHMANDU, May 25: The country’s outstanding public debt has reached nearly Rs 2.4 trillion. The public debt witnessed a rise of Rs 98 billion in the last 10 months of the current fiscal year alone, according to the Public Debt Management Office (PDMO). In the beginning of the current Fiscal Year, the public debt stood at Rs 2.299 trillion, the Office said, adding that the public debt accounts for 42.02 percent of gross domestic product (GDP). Last month witnessed a Rs 11.64 billion rise in the public debt. Of the total debt, internal debt accounts for 20.76 percent of the…
KATHMANDU: Nepal Oil Corporation has lowered the price of petrol by Rs 7 per liter. Similarly, the prices of diesel and kerosene have been reduced by Rs 5 per liter. With this adjustment, petrol will retail at Rs 171 per liter in Kathmandu. Similarly, diesel and kerosene will be available for Rs 154 per liter. The new prices will come into effect from Wednesday midnight, according to a statement issued by the Nepal Oil Corporation. “We have made an adjustment in fuel prices as prices of petrol and diesel/kerosene forwarded by Indian Oil Corporation (IOC) on Wednesday are down by Rs…
Cricketer Sandeep Lamichhane, who had been convicted of rape by the Kathmandu District Court, has got a clean chit from the High Court Patan. A bench of Judges Sudarshan Dev Bhatta and Anju Upreti Dhakal of High Court Patan on Wednesday issued the verdict acquitting Lamichhane of the rape charge. The case was heard for two days — Tuesday and Wednesday. Lamichhane on February 22 had moved High Court Patan against the decision of District Court Kathmandu. A single bench of Judge Shishir Raj Dhakal of Kathmandu District Court had convicted Sandeep of rape, slapping him with an eight-year jail…
Kathmandu- Actress Reema bishwakarma is busy as a host in music videos and communication work more than films. She has worked in films like ‘Swar’, ‘visa Girl’, ‘koholpur Express’ and others. Reema is busy as a host in the latest episodes of ‘Comedy Champion’ and ‘Nepal Idol’.
KATHMANDU: Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has inaugurated the foundation stone laying ceremony of the bridge over the Narayani River connecting Chitwan and eastern Nawalparasi. The bridge, based on state-of-the-art technology, will be a cable-stayed bridge. The construction work of the bridge has been initiated by the Department of Roads. According to Ramesh Poudel, Chief of Bharatpur Division Road Office, the design, construction, and a three-year timeline for the completion of the bridge have been finalized. The bridge, which will be constructed over the Narayani River near Narayangadh on the East-West Highway, will be approximately 420 meters long and…
KATHMANDU: As the date for the joint session of the House of Representatives (HoR) and the National Assembly (NA) draws near, the main opposition party Nepali Congress is likely to not obstruct the joint session in which President Ram Chandra Paudel is unveiling the government’s policy and program. President Paudel is slated to deliver an address during the joint assembly of both houses of the Federal Parliament on Tuesday. In light of this, the Secretariat of the Federal Parliament has summoned the presence of its members, apprising them of President Poudel’s address scheduled for 3 pm. Amidst this anticipation, the…