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

CPN-UML ministers resign, withdraw support to govt

CPN-UML ministers submitted their resignations to Prime Minister Pushpa Kamal Dahal Prachanda on Wednesday evening. They took this step following a meeting with the Prime Minister after a UML Secretariat meeting on Tuesday had called for PM Dahal’s resignation. Eight UML ministers, including the Deputy Prime Minister, arrived at Baluwatar and formally resigned on Wednesday evening when PM Dahal did not comply with their demand to step down.

Frequency arrears dispute: Tata halts Ncell’s internet bandwidth

Indian bandwidth supplier Tata has suspended its bandwidth supply to Ncell. This action was taken because Ncell has failed to pay long-overdue fees to the company. Ncell has over a billion rupees in unpaid frequency usage fees, leading the Nepal Telecommunications Authority (NTA) to deny Ncell the facility for foreign currency exchange. As a result, Ncell has been unable to pay the Indian company supplying the bandwidth, creating supply issues, Ncell officials told Khabarhub.

Directors of cooperatives asked to vacate dual positions within 30 days

The Department of Cooperatives has stated that one person cannot be the director of two or more cooperative institutions at the same time. The department has today instructed all the cooperatives to maintain a single position by abandoning if someone is holding a double position. Section 41 (5) of the Cooperatives Act 2074 BS states that a person can be the director of only one cooperative institution at the same time.

Law Minister Giri halts Judge appointments after decision to quit government

With the new political realignment leading to the government’s imminent departure, Law, Justice, and Parliamentary Affairs Minister Padam Giri has halted the appointments of district judges. Following the decision by the CPN-UML to break its alliance with Prime Minister Pushpa Kamal Dahal ‘Prachanda’ and form a new coalition with the Nepali Congress (NC), Minister Giri decided not to proceed with the judge appointments as he prepares to leave office. During the Judicial Council meeting on Tuesday, Minister Giri stated that, given the new political scenario and his impending departure, he would not appoint the 35 judges.

NEPSE sees slight increase with over Rs 5 billion in transactions

After significant fluctuations on Tuesday, the stock market remained relatively stable on Wednesday. The NEPSE index saw a modest rise of 3.79 points today. Yesterday, the index had surged by 47 points. Today, the NEPSE index increased by 0.18 percent, closing at 2104 points.

RSP’s Mukul demands clear timeline from Chair Lamichhane to fulfill promises

Dr. Mukul Dhakal, General Secretary of the Rastriya Swatantra Party (RSP), has demanded a specific ‘timeline’ from Chairman Rabi Lamichhane for fulfilling his commitments. During the party’s central committee meeting that convened on Wednesday, Dhakal stressed. Lamichhane’s responsibilities as both Deputy Prime Minister and Home Minister to fulfill the promises he has made. “I am not interested in others’ remarks; I am concerned with yours,” Dhakal asserted in a written report presented at the meeting. “Why did you make promises yesterday? When do you plan to fulfill them? I need a timeframe. I demand tangible results,” Dhakal emphasized.

NC endorses agreement reached between Deuba and Oli

The Central Executive Committee of Nepali Congress (NC) has endorsed the agreement between Nepali Congress President Sher Bahadur Deuba and CPN-UML Chairman KP Oli, aiming to reshape the current power dynamics and establish a new political equation. NC spokesperson Prakash Sharan Mahat said that the approval came during a meeting held at the residence of President Deuba on Wednesday morning. “The meeting, chaired by President Deuba, ratified the accord reached between our party leader and CPN-UML Chairman Oli,” Mahat stated.