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

PM Dahal vows action on microfinance and cooperative issues

Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has committed to taking proactive steps to resolve the challenges facing microfinance institutions and cooperatives. In a meeting with representatives of individuals affected by troubled microfinance and cooperatives at Singha Durbar today, the Prime Minister assured that the government would address these pressing issues.

Mahasamiti meeting will erase factional divides: Shekhar Koirala

Nepali Congress (NC) influential leader Dr. Shekhar Koirala has expressed optimism that the prevalent factions and sub-factions within the party will come to an end following the conclusion of the Mahasamiti meeting. Speaking to Khabarhub at the ongoing Mahasamiti meeting in Godavari in Lalitpur on Wednesday, Koirala stated that the Nepali Congress party is poised to undergo a transformation in the upcoming 15th Convention. “We are steering the Nepali Congress party towards a new direction through the policies formulated in this Mahasamiti meeting,” Koirala stated.

Foreign trade in seven months: Import declines by 2.31%, export by 7.07%

In the seven months of the current fiscal year 2080/81, imports have decreased by 2%, while exports have declined by 7%. According to data released by the Department of Customs, in the foreign trade statistics from Shrawan (July 17) to Magh (February 12), Nepal’s exports are at an extremely low level compared to imports. The data shows that in the seven months, imports have decreased by 2.31%, reaching Rs 897.94 billion.

Parties must contest independently in the upcoming election: Jhalanath Khanal

Senior leader of the CPN-Unified Socialist Party, Jhalanath Khanal, has suggested that parties should independently contest in the upcoming elections. Speaking with journalists in Birtamod, Jhapa, on Wednesday, Khanal emphasized that political parties should compete individually in the elections. He mentioned that this approach has been advocated by other parties, including the main coalition partner Nepali Congress (NC), in the past as well.

RPP launches movement with 40-point demands, calls for restoration of monarchy and Hindu nation

The Rastriya Prajatantra Party (RPP) has launched a movement by submitting a set of 40 demands to the government. According to Mohan Shrestha, the party’s Spokesperson and Head of the Publicity Department, the protest was officially inaugurated with the submission of a memorandum containing several demands, including the restoration of monarchy and Hindu state, to Prime Minister Pushpa Kamal Dahal Prachanda on Wednesday.

Namibia secures thrilling win over Nepal by two wickets in ICC CWC League 2 match

Namibia emerged victorious in a closely contested battle against Nepal, clinching a thrilling two-wicket win in the ICC CWC League 2 fixture held on Wednesday. In the match held at the Tribhuvan University International Ground in Kathmandu, Namibia won the toss and elected to field first. Opting to bowl proved fruitful as Namibia restricted Nepal to 168 runs in 37.1 overs, claiming all ten wickets.

NC Mahasamiti Meeting: Koshi province pushes for women’s inclusion in key party positions

During the ongoing policy-making conclave of the Nepali Congress in Godawari, all 14 district presidents from Koshi Province presented a collective stance in 16 points, emphasizing various aspects of party reform. In the Mahasamiti meeting, the Koshi Province representatives proposed a change in the existing provision for the party’s central members, suggesting that only regional (province constituency) representatives should be designated as Mahasamiti members.

Tragic Discovery in Sitapaila: Mother and two daughters found dead, father’s body found in Jungle

A harrowing scene unfolded in Sitapaila, Kathmandu, as the bodies of three individuals were discovered, marking a devastating tragedy for a family. The deceased, identified as Ishwori Shrestha, aged 38, and her two daughters, Anisha Shrestha, aged 8, and Siwani Shrestha, aged 2, were found lifeless. They were all members of the same family. Originally from Dudh Kunda Municipality-10 in Solukhumbu, the family had been residing in a rented room in Nagarjun Municipality-6.

NEPSE index drops by 7.83 points on Wednesday

The Nepal Stock Exchange (NEPSE) index has decreased by 7.83 points on Wednesday, the third trading day of the week. The stock market closed at 2025.22 points on Wednesday, recording a decline of 7.83 points. The transactions of 6,341,174 shares of 313 companies traded today, resulted in a total turnover of Rs 2,24,19,61,799.

KMC urges residents and institutions to vacate Lalita Niwas Area within a week

The Kathmandu Metropolitan City (KMC) has issued a notice urging residents, businesses, and other institutions currently occupying the Lalita Niwas Area to vacate the premises within a week. The municipal authority has reiterated that the area rightfully belongs to the government, as per the ruling of the Special Court.