KATHMANDU: Khabarhub brings you a glimpse of major developments of the day in Nepal, including politics, business/economy, sports, entertainment, and more.

PM Dahal holds high-level meeting to discuss controversial Ncell share sale case

Prime Minister Pushpa Kamal Dahal ‘Prachanda’ held a high-level meeting aimed at delving into the purchase and sale of Ncell, a private telecommunications service provider in Nepal. According to Prime Minister Dahal’s Secretariat, the discussions concerning the ownership and trading of Ncell shares took place at the Prime Minister’s official residence in Baluwatar on Tuesday evening.

PM Dahal vows thorough probe into Ncell scandal, warns of stern action against fraudsters

Prime Minister Pushpa Kamal Dahal ‘Prachanda’ reaffirmed the government’s commitment to investigating the Ncell share transaction scandal and similar fraudulent activities, vowing strict actions against those cheating the nation. During a CPN-Maoist Center Madhes Province Committee event in Mahottari on Monday, Prime Minister Dahal reprised the government’s commitment to investigating the Ncell controversy and similar scandals.

Unified Socialist reschedules general convention to May 16-20

The CPN (Unified Socialist) has revised its decision and set new dates for its general convention, now scheduled to take place from May 16 to May 20 next year. This decision was reached during the party’s Central Secretariat meeting held on Tuesday. Initially, the party had announced the general convention to be held from January 28 to February 1. However, after the recent deliberations, the new dates have been finalized for May.

Hearing on Ncell tax dispute case postponed until February 27

The Supreme Court has deferred the hearing of the Ncell tax dispute case, previously slated for today, to February 27. The case was added to the postponed list after it was not selected by any available justice during the lottery on Tuesday. The ongoing tax debate revolves around the Malaysian company Axiata’s Ncell, which was set to face a crucial hearing regarding a lingering dispute over Capital Gains Tax.

NEPSE declines by double digits on Tuesday

The Nepal Stock Exchange (NEPSE) experienced a decline of 10.10 points on Tuesday, the third trading day of the week. The stock market expected to give relief to traders closed again witnessing a drop of 10.10 points and concluding at 1837.71 points.

Dr Koirala highlights collusion among politicians, employees, and business figures in Ncell share sale

Nepali Congress (NC) leader Dr. Shekhar Koirala has asserted that a nexus involving politicians, employees, and business figures orchestrated the sale of Ncell shares. He alleged that representatives from the government were involved in collaboration with employees and business personalities during the sale of Ncell, a transaction that was originally slated to return to government ownership after a five-year period.

TikTok initiates registration process in Nepal

TikTok has taken steps to register as a social network in Nepal, having sent an email to the Ministry of Communication and Information Technology for registration purposes. Netra Prasad Subedi, joint secretary at the Ministry of Communication and Information Technology, confirmed TikTok’s initiative, mentioning that the platform expressed its intent to register in Nepal.