KATHMANDU: Khabarhub brings you a glimpse of major developments of the day in Nepal, including politics, business/economy, sports, entertainment, and more.
PM Dahal and Oli confer on political matters as they tour reconstructed PM’s Office
Prime Minister (PM) Pushpa Kamal Dahal Prachanda and CPN-UML President KP Sharma Oli engaged in discussions on current political issues during a meeting held at the reconstructed Prime Minister’s Office in Singha Durbar on Tuesday.
NEPSE witnesses minor downturn: Slips 2.17 points on Tuesday
On the third trading day of the week, Nepal Stock Exchange Market (NEPSE) observed a marginal dip in figures. The stock market concluded with a decrease of 2.17 points, settling at 1894.53 points today. During Tuesday’s trading session, a total turnover of 1,280,228,971 rupees was generated from 4,727,902 shares exchanged in 47,333 transactions involving 290 companies.
NRB introduces new regulations for hire purchase schemes
Nepal Rastra Bank (NRB) has implemented amendments to the ‘Policy and Procedural Arrangements for Approving Hire Purchase Loan Companies, 2070.’ These changes are set to reshape the landscape for hire purchase entities, encompassing various aspects of their operations, it said.
Bagmati Province’s budget expenditure lags at just 9% in first four months
The budget expenditure of Bagmati Province raises concerns as it has only utilized 9 percent of its allocated budget within the initial four months of the current fiscal year 2080/081 BS.
Koshi Province exports tea leaves worth Rs 2.6 billion in first quarter of current fiscal year
The Koshi Province has reported substantial export figures for key cash crops, including tea leaves, cardamom, ginger, and broom grass in the first three months of the current fiscal year 2080-81 BS (2023-24).
KMC directs schools to adhere to government-approved curriculum
The Kathmandu Metropolitan City (KMC) has issued a circular urging schools to exclusively adopt government-approved curricula. The metropolitan authority has also issued a warning against institutions deviating from the approved curriculum.
SSF’s sixth anniversary overshadowed by challenges and unfulfilled promises
While celebrating its sixth anniversary today, the Social Security Fund (SSF) unveils achievements clouded by persistent challenges and unmet commitments. Initiated on March 19, 2020, with the promise of robust social security tax collection, the SSF’s journey through its sixth operational year, dubbed ‘Social Security Day,’ reveals a mixed bag of progress and pitfalls.
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