- Wednesday, 5 November 2025
Modnath Dhakal
Capital expenditure remains meagre 4.7% in first three months of new fiscal
Spending of the budget allocated to development projects (capital expenditure) in the first trimester of the current Fiscal Year 2025/26 has remained the lowest in the last four years. According to the Financial Comptroller General Office (FCGO), capital expenditure has staggered at 4.7 per cent (Rs. 19 billion) of the total allocation of Rs. 407.88 billion only to outperform 3.9 per cent of 2021/22. Then, the government could spend Rs. 14.8 billion against the total capital allocation of Rs. 378.09 billion.
Process begins to repatriate Bipin Joshi’s body to Nepal
The Embassy of Nepal in Israel has started the process of repatriating the body of Bipin Joshi to Nepal. It is working in close contact and coordination with the relevant authorities there, informed the Ministry of Foreign Affairs (MoFA) Tuesday.
Bipin Joshi confirmed dead ‘Body will be delivered soon’
The last hopes of welcoming Bipin Joshi home have been dashed with the Palestinian armed group Hamas confirming his death while in hostage. “Hamas releases the names of four dead hostages whose bodies the terror group is expected to transfer to the Red Cross today. The hostages are Guy Illouz, Yossi Sharabi, Bipin Joshi, and Daniel Perez,” The Times of Israel reported on Monday evenin
To graduate or not to graduate: Nepal faces dilemma over LDC upgrade
Amidst the estimated 3-5 per cent loss to the economy due to arson and vandalism of the public and private property and businesses during the Gen-Z movement in September this year, and fear of poor
Floods, landslides inflict Rs. 4.63 billion damage to roads, bridges
Floods and landslides induced by the incessant rains since Friday night damaged roads and bridges at over 263 locations across the country. According to the Department of Roads (DoR), the damages could cost more than Rs. 4.63 billion – roads Rs. 4.34 billion and bridges Rs. 281 million.
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NRB announces relief measures for businesses
The Nepal Rastra Bank (NRB) has announced various relief measures, including a discount on interest on business loans, restructuring and rescheduling of such loans, and a subsidy on them.
Govt announces sweeping austerity measures
President Ramchandra Paudel has issued an ordinance amending the Voter Registration Act, 2073, paving the way for new voter enrolments ahead of the House of Representatives elections scheduled for March 5, 2026.
Finance Ministry extends tax deadline by a month
The Ministry of Finance on Tuesday extended the deadline for tax submission for the private sector companies by a month at the request for the same by the latter. Citing the damage inflicted on the business and industries during the protests called by Gen Z last week, the private sector has been suggesting that the government offer some relief measures to help them in reviving the business and boosting morale.
Attacks on businesses cripple economy, jobs at risk
Thirty-four individuals, mainly youth, were killed in the two-day demonstrations against corruption, nepotism and recent social media ban called by the GenZ Alliance.And, country’s economy received a major blow that might take years to recover.
First Free Plate
The government’s plan to make embossed number plates (ENPs) mandatory for vehicles has met with widespread public resistance. The ENP is a high-security, machine-readable licence plate equipped with an RFID chip that links the vehicle to a centralised database and enhances vehicle security through GPS tracking. Such plates enable better monitoring of vehicle movement, reducing the risk of theft. They also support more efficient database management, revenue collection and administrative processes.
Multidimensional partnership between Nepal and Vietnam discussed
Vice President of Nepal, Ramsahay Prasad Yadav and his Vietnamese counterpart Vo Thi Anh Xuan have agreed on convening the first meeting of the Bilateral Consultation Mechanism between the two nations at an early date. At a delegation-level bil
Unemployment measurement remains a puzzling job
In 2017, there were approximately 20.7 million people of working age, of whom 7.1 million were employed, while 908,000 (11.4 per cent) were unemployed, according to data from the Nepal Labour Force Survey (NLFS) Report 2017/18. The NLFS considers citizens aged 15 and above as part of the labour force.
Nepal makes stance clear on boundary disputes
The Foreign Ministry has made its stance on the issue of border dispute in Lipulek and Kalapani clear by issuing a statement on Wednesday evening, after there were news reports that India and China agreed to reopen the Lipulek trade route.
Paudel's Tech-driven Leadership In Finance
In 2012, Khilendra Paudel served as branch supervision manager at IME (M) Sdn. Bhd. in Kuala Lumpur, Malaysia, and identified the significant potential of technology to revolutionise business operations, particularly within the financial sector.
Finance Ministry proposes mechanism to mobilise climate finance
The Ministry of Finance (MoF) has released a comprehensive draft of the Climate Finance Mobilisation Procedure 2025, signalling a major policy push to access and manage international climate finance more efficiently.
