• Saturday, 30 May 2026

Economy projected to grow by 7 per cent

Private sector upbeat, opposition wary about budget

The budget for the fiscal year 2026/27 has drawn mixed reaction from politicians, economists and business persons. The private sector is upbeat about annual fisc

Govt unveils Rs. 2124 bn budget for FY 2026/27

With an aspiration to achieve 7 per cent economic growth, Finance Minister Dr. Swarnim Wagle has announced a budget of Rs. 2124.34 billion for the next Fiscal Year 2026/27.

Three Nepali films hit movie theatres

Four films, including three Nepali productions, were released in theatres on Friday. The films ‘Shape of Momo’, ‘Roll No. 1’, ‘Kumb

Migrants flee India crackdown to Bangladesh

Hasina Bibi clutched her hungry four-year-old daughter as she waited at an India-Bangladesh border post, trying to leave as fears grow of an Indian crackdown on undocumented migrants.

Nation

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Damodar Kunda welcomes pilgrims

Damodar Kunda, a holy pilgrimage site for Hindus and Buddhists, has now opened to visitors, welcoming pilgrims and tourists alike. Damodar Kunda, located at an altitude of 4,89

Increase in excise duty on cigarettes, alcohol

The government has increased excise duties on cigarettes, alcohol and beer through the budget for the upcoming fiscal year. Presenting the budget f

Kathmandu Traffic tests AI traffic system

In a significant shift towards digital governance and smart urban management, the Kathmandu Valley has begun trialling a ‘faceless traffic management system’ that will gradually reduce the need for traffic police officers to be physically present on the roads.

Private sector upbeat, opposition wary about budget

The budget for the fiscal year 2026/27 has drawn mixed reaction from politicians, economists and business persons. The private sector is upbeat about annual fisc

World

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WHO to address rare Ebola

The head of the World Health Organization arrived in Congo's capital, Kinshasa, late Thursday to witness efforts against an outbreak of a rare type of Ebola virus, as medical personnel struggle with a lack

Business

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Govt targets addition of 1,040 MW to national grid in coming fiscal year

The government has projected adding 1,040 megawatts of electricity to the national transmission system in the upcoming fiscal year, including 670 MW from hydropower projects and 370 MW from solar energy.

Farmers attracted to soft-shell walnut farming

Farmers in the eastern parts of Bajura district have recently shown growing interest in soft-shell walnut farming. The increasing attraction towards walnut c

Concession on electricity tariff to promote manufacturing sector

"We will arrange for concession on electricity tariff by reviewing power demand fee so as to enhance competitiveness of the manufacturing industry. Industrialist can mortgage their structure built in special economic zone, leased land or industrial estate," said the Finance Minister in his budget speech.

Budget 2026/27: Govt to run Pokhara and Gautam Buddha Int'l Airports in partnership with private sector

Kathmandu, May 29: The government has forwarded a plan to run two regional international airports- Pokhara and the Gautam Buddha- in partnership with the private sector.In the budget announcement for the fiscal year, 2083/84 in joint meeting of the federal parliaments on Friday, Finance Minister Dr Swarnim Wagle said the both the regional international airports- Pokhara and of Gautam Buddha- would be run in full capacity by forging partnership with private sector.For the upgrading of the Tribhuvan International Airport, government has allocated Rs 1.53 billion. A modality of the Nijgadh International Airport would be prepared within six months, while night flight would be conducted at Bharatpur Airport after its expansion.The list of airports for upgrading is- Surkhet, Talcha and Tarigaon. Janakpur city would be branded as a 'wedding destination' and the route for circumambulation of Ramajanaki would be upgraded. Broader infrastructures development would be forwarded in the historic and archaeological sites like Tilaurakot, Devdaha, Kapilvastu and Ramgram. For it, Rs 83 million has been allocated.Minister Dr Wagle further informed that government would advance process to enlist Tilaurakot of Kapilvastu, Janakpurdham of Dhanusha and Gokarneshwor of Kathmandu in the World Heritage Site.The Minister further stated that a special project would be launched for the conservation of historical Buddhist monasteries of over 200-years old located in hilly and mountainous districts like Mustang and Manang.A province tourism corridor 'danfe route' will be enforced by incorporating Khaptad, Badimalika, Rara and Swargadwari areas. The unnamed peaks of over 6,000 metres would be named and new trekking routes developed in the upper hilly region. As per budget speech, the Indigenous Nationalities' Museum of Kirtipur would be expanded; new homestays run in Dalit settlements of Madhes, Karnali and Sudurpaschim Provinces in order to promote original skills and arts of Dalit people.The government is running high altitude sickness service, and has aimed at linking Ayurved and Yog to health tourism. The Ministry of Culture, Tourism and Civil Aviation has been allocated Rs 10.27 billion. (RSS)

Sports

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Three-time finalist Netherlands face Japan, Sweden, Tunisia in Group F

Can three-time World Cup runner-up the Netherlands finally win soccer's greatest prize? The D

Sadbhav Acharya defends title

Arsenal aiming to dethrone dynasty-chasing PSG

Nepal-W beat Indonesia, seal semi-final spot

Dhant enters semi-finals in UFC

Interview

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Kalinga LitFest provides int'l forum for Nepali authors: Niraula

Kathmandu is hosting the fourth edition of the Kathmandu Kalinga Literary Festival 2026, scheduled for June 6 and 7, at Hotel Himalya in Lalitpur. Talking to The Rising Nepal, Festival director Ranjana Niraula said th

Comedy must evolve beyond body-shaming humour: Prabhat Lama

Prabhat Lama, a renowned stand-up comedian who is a permanent resident of Mahottari district, spent more than 10 years in radio programmes, struggling to be an artist. After arriving in Kathmandu, he joined Radio-Audio, the first comedy-the

Society

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Government aims to implement 'Arsenic-Free Tarai Campaign'

Presenting the government's estimation of income and expenditure for the fiscal year 2083-84 BS (2026-27) before the Federal Parliament today, Finance Minister Dr Swarnim Wagle announced that from the upcoming fiscal, 'arsenic-free Tarai campaign' will be launched.