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The stock market gained for a fourth straight session as the government signaled plans for a package to strengthen and reform the capital market.
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The stock market gained for a fourth straight session as the government signaled plans for a package to strengthen and reform the capital market.
Michael Foley resigns as Ncell CEO amid regulatory, investment concerns
Ncell CEO Michael Patrick Foley resigns amid regulatory uncertainty, foreign investment concerns and questions over the company’s licence and ownership structure.
The first-phase recovery package gives flood-hit businesses customs and tax relief, loan restructuring and cheaper credit, while allowing insurance claim advances of up to 50%.
Two men rescued alive after nine days trapped inside Trishuli 3A tunnel
The two received initial medical treatment at the site before being airlifted to Kathmandu for further care.
Government approves risk allowance, relief measures for Bhotekoshi flood response
The government also decided to observe September 7 (Bhadra 22) as a national day of mourning
Flood damage disrupts LPG supply to Kathmandu, commercial users asked to arrange their own refills
The arrangement is intended to ensure that the limited supply reaching Kathmandu can be directed primarily toward households and consumers with essential needs.
Flood-damaged Prithvi Highway faces major repair challenge in Dhading
Trishuli River flooding has severely undermined sections of the Prithvi Highway in Dhading, leaving parts of the key Kathmandu lifeline dangerously weakened and complicating efforts …
Bhotekoshi flood death toll: 1,252, over 4,200 still missing
NDRRMA reported that 4,216 people remain unaccounted for. A separate Nepal Police figure puts the number of people still being searched for at 4,875.
South Korean rescue team arrives in Nepal as search for missing workers continues
A 44-member South Korean rescue team has arrived in Nepal with specialised equipment and search-and-rescue dogs to help locate workers still missing after devastating floods …
Bhotekoshi floods cause over NRs 50 billion in tourism damage: Minister
Nepal’s tourism sector faces preliminary losses of more than NRs 50 billion after floods and landslides in Rasuwa damaged hotels, restaurants, vehicles and major trekking …
New alternative routes, traffic schedule announced for Kathmandu–Hetauda route
Authorities have revised traffic arrangements for the Kathmandu–Hetauda route, designating separate alternative routes for small, large and freight vehicles amid monsoon-related road disruptions.
Rain expected to intensify challenges in Bhotekoshi flood-affected areas
Moderate rain forecast in Bhotekoshi flood-hit areas as authorities warn of rising river levels, sudden flooding and further challenges to rescue operations.
