Kathmandu

Govt, meter loan victims sign nine-point deal; Protest ends

A nine-day protest movement against illegal moneylending practices came to an end on Friday after the government and representatives of the meter loan victims signed a nine-point agreement at the Office of the Prime Minister and Council of Ministers in Singha Durbar.

Nepal

Sugarcane farmers suspend Rautahat protest as process begins to release Rs 70 million subsidy

Sugarcane farmers in Rautahat have suspended their protest after the District Administration Office (DAO) agreed to initiate the payment process for long-pending government subsidies, with eligible farmers expected to receive the funds within a week after required documents are submitted.

Nepal

Rs 37b budget in Sudurpashchim fails to pass as coalition rift blocks approval

​​​​​​​The Sudurpashchim Provincial Government has entered a partial budget vacuum after failing to secure provincial assembly approval for its budget for the fiscal year 2026/27, leaving it unable to make public expenditures from the start of the new fiscal year.

Business

PM Shah pledges support to boost exports of Nepali footwear

Prime Minister Balendra Shah has pledged government support to promote exports of domestically manufactured footwear, saying the sector has significant potential to reduce imports and create jobs.

Kathmandu

Nepal urged to put youth aspirations at centre of demographic policies

The Government of Nepal, in collaboration with the National Youth Council and the United Nations Population Fund (UNFPA), marked World Population Day 2026 by calling for youth aspirations to be placed at the heart of the country's demographic and development policies.

Business

NEPSE surges 79 points as manufacturing, hydropower and investment lead gains

The Nepal Stock Exchange (NEPSE) posted its strongest single-day gain in recent weeks on Friday, surging 79.74 points, or 3.06 per cent, to close at 2,677.54, with all but one sector ending in positive territory.

Entertainment

Everest Base Camp to host World's first silent festival in October

The Green Tara Foundation has announced plans to organise what it calls the world’s first silent music festival at Everest Base Camp on October 17, aiming to promote adventure tourism while protecting the mountain environment.

Kathmandu

Over 55,000 Nepalis return from Korea, many launch new businesses

More than 125,000 Nepalis have secured employment in South Korea under the Employment Permit System (EPS) since 2008, with the programme increasingly contributing to entrepreneurship, remittance inflows and Nepal's economic development, speakers said at the Nepal-Korea Labour Cooperation Seminar held in Kathmandu on Thursday.

Business

Siddhartha Bank launches gold loan scheme with up to Rs 5 million ceiling

Siddhartha Bank Limited has launched a new lending product called Siddhartha Gold Loan, allowing customers to use gold and gold jewellery as collateral to secure loans of up to Rs 5 million, the bank announced on Thursday.

Business

Two new Bajaj Chetak electric scooters likely to debut in Nepal

Bajaj Auto is expected to introduce two new electric scooter models in the Nepali market, with the launch likely to coincide with the NAIMA Nepal Mobility Expo 2026 in August.

Business

Award-winning Chery Q EV to debut at NAIMA Mobility Expo

Chery's award-winning electric urban crossover, the Chery Q, is set to make its Nepal debut at the NAIMA Mobility Expo 2026, its authorised distributor Pioneer Moto Corp. announced.

Nepal

Bagmati restructures cabinet, cuts ministries from 14 to 8

The Bagmati Province Government has reassigned ministerial portfolios after reducing the number of ministries from 14 to eight as part of an administrative restructuring.