National News
Petrol Pumps Create Artificial Shortage Following NOC Price Cut
A widespread shortage of petroleum products has hit Kathmandu and other parts of the country after local petrol pumps refused to lift fuel from depots, fearing financial losses due to Tuesday's massive price cuts by the Nepal Oil Corporation (NOC). In response to the growing disruption and 'No Petrol' signs, NOC has deployed monitoring teams with strict authorization to immediately seal non-compliant stations.
3 months ago
NASA Satellite Analysis Indicates Over 58,000 Buildings Damaged in Venezuela Quakes
A preliminary satellite data assessment published by NASA reveals that more than 58,000 buildings were likely damaged or destroyed after twin earthquakes measuring magnitudes 7.2 and 7.5 hit Venezuela. The historic disaster has left approximately 1,700 people dead and thousands more missing across the South American nation.
3 months ago
US and Iran Agree to De-escalate and Resume Diplomatic Talks in Doha
Following days of intense military exchanges around the strategic Strait of Hormuz, the United States and Iran have agreed to temporarily cease all kinetic activities. High-level delegations from both nations are scheduled to resume critical diplomatic talks in Doha, Qatar, to stabilize the region and rescue a fragile ceasefire agreement.
3 months ago
National Paddy Day Celebrated Nationwide with Calls for Better Irrigation and Fertilizer Supply
Nepal marked its 23rd National Paddy Day and Plantation Festival with the slogan 'Climate-friendly technology, self-sufficiency in paddy, and prosperity.' While the event showcased modern agricultural technologies like drone spraying, officials and farmers highlighted critical hurdles, including an annual deficit of 1 million metric tons of paddy and persistent fertilizer shortages.
3 months ago
How Elon Musk Overcame Near-Bankruptcy to Become the World’s First Trillionaire
From the brink of total financial ruin during the 2008 global financial crisis, Elon Musk’s high-stakes gamble with SpaceX has culminated in an unprecedented financial milestone. Following SpaceX's highly anticipated IPO, Musk’s net worth has surged past $1.1 trillion, cementing his status as the world's first trillionaire as he celebrates his 55th birthday.
3 months ago
Finance Minister Administers Oath to Newly Appointed SEBON Chairman, Demands Weekly Briefings and Results
Finance Minister Dr. Swarnim Wagle has administered the oath of office and secrecy to the newly appointed Chairman of the Securities Board of Nepal (SEBON), Dr. Gopal Prasad Bhatta. Minister Wagle directed the new chief to focus strictly on market confidence, protect small investors, and present structured action plans without yielding to external pressures.
3 months ago
Trump Administration Unveils Limited-Edition "Patriot Passport" for US Semiquincentennial
The US State Department has announced a highly exclusive, commemorative passport featuring President Donald Trump's likeness and signature to mark America's 250th anniversary, sparking debate over the unprecedented inclusion of a sitting president on official documents.
3 months ago
Venezuela Earthquake Toll Climbs to 920: Thousands Injured and Over 50,000 Unaccounted For
The death toll from Wednesday's twin powerful earthquakes in Venezuela has risen to 920, with 3,360 others reported injured. As hundreds remain trapped beneath the rubble and thousands face displacement, a massive international rescue operation is underway amid ongoing aftershocks.
3 months ago
53 Ilam Tea Factories Reopen After Three-Point Agreement Resolves Export Deadlock
Following a prolonged shutdown triggered by India's stringent new quality testing rules, 53 orthodox tea factories in Suryodaya Municipality, Ilam, have resumed operations after local authorities agreed to manage safety storage for stockpiled tea.
3 months ago
Nepal Spends Rs. 2.73 Kharba on Petroleum Imports in 11 Months Despite Volume Drop
Driven by global inflation, a surging US Dollar, and war-induced market instability, Nepal's fuel import costs climbed to Rs. 2.73 Kharba in the first 11 months of the fiscal year, even though the country imported less total volume.
4 months ago
Nepal Plans Seasonal Electricity Tariffs to Offset Controversial 5% Budget VAT
Nepal is moving toward a seasonal electricity pricing system, offering cheaper rates during the high-production rainy season. The strategy aims to encourage local consumption of surplus hydropower and ease public anger over a newly proposed 5 percent VAT on domestic electricity bills.
4 months ago
Nagdhunga-Muglin Highway Expansion Faces New Delays and Looming Deadline Extensions
The crucial 95-kilometer Nagdhunga-Muglin road expansion remains incomplete after five years of work. Citing fuel inflation, bitumen shortages, and slow utility pole relocation, officials are preparing yet another round of deadline extensions as public frustration mounts.
4 months ago