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    National News

    Finance Minister Dr. Swarnim Wagle Defends FY 2026/27 Budget as a Bold Roadmap to Shift from Consumption to Production
    Featured Jun 19, 2026

    Finance Minister Dr. Swarnim Wagle Defends FY 2026/27 Budget as a Bold Roadmap to Shift from Consumption to Production

    Finance Minister Dr. Swarnim Wagle stated that the FY 2083/84 (2026/27) budget aims to alter the nation's economic destiny by shifting from a remittance-reliant system to a production, investment, and export-driven economy.

    Finance Minister Assures Rigorous Multi-Generational Background Checks for SEBON and Insurance Authority Chiefs

    Finance Minister Assures Rigorous Multi-Generational Background Checks for SEBON and Insurance Authority Chiefs

    Finance Minister Dr. Swarnima Wagle has announced that the vacant leadership roles at the Securities Board of Nepal (SEBON) and the Nepal Insurance Authority will only be filled after rigorous background screenings, revealing that a candidate for SEBON has been identified but remains under deep review.

    4 months ago
    Strait of Hormuz to Reopen as Washington and Tehran Agree to Interim Peace Framework

    Strait of Hormuz to Reopen as Washington and Tehran Agree to Interim Peace Framework

    The United States and Iran have signed a landmark initial peace agreement that takes immediate effect, aiming to end ongoing hostilities by reopening the critical Strait of Hormuz and lifting major economic sanctions. However, the core issue of Iran's nuclear program remains unresolved, leaving both nations on high alert during a strict 60-day negotiation window.

    4 months ago
    Lionel Messi Rewrites Football History Books in Milestone 200th Appearance for Argentina

    Lionel Messi Rewrites Football History Books in Milestone 200th Appearance for Argentina

    Making a record-shattering sixth World Cup appearance, the Argentine skipper equals the all-time tournament goals record held by Germany's Miroslav Klose.

    4 months ago
    Celebrity Chef Santosh Shah Released on Bail Following Banking Offence Arrest

    Celebrity Chef Santosh Shah Released on Bail Following Banking Offence Arrest

    Renowned chef Santosh Shah has been released from police custody after furnishing bail equivalent to the financial claim filed against him in a banking offence case. Shah was apprehended alongside co-accused Narayan Sah Sudi in Janakpurdham following a property transaction dispute involving a Kathmandu-based restaurant.

    4 months ago
    Global Oil Prices Reboud as Skepticism Over US-Iran Truce Details and Strait of Hormuz Clearance Spurs Supply Fears

    Global Oil Prices Reboud as Skepticism Over US-Iran Truce Details and Strait of Hormuz Clearance Spurs Supply Fears

    Global crude benchmarks edged higher on Tuesday as initial market optimism over a preliminary US-Iran peace agreement faded. With the full text of the memorandum of understanding undisclosed and significant technical and security hurdles remaining before the blocked Strait of Hormuz can safely reopen, investors adopted a cautious stance, driving Brent and WTI crude futures up by 0.3%.

    4 months ago
    Indian Capital Markets Face Heavy FPI Outflows as Equity Sales Hit ₹2.87 Lakh Crore in 2026

    Indian Capital Markets Face Heavy FPI Outflows as Equity Sales Hit ₹2.87 Lakh Crore in 2026

    Foreign Portfolio Investors (FPIs) pulled out over ₹62,853 crore from Indian equities in the first half of June 2026, driven by geopolitical tensions, a weakening Indian Rupee, and high market valuations. While equity markets faced major selling pressure, the domestic debt market remained resilient, attracting over ₹13,200 crore via the Fully Accessible Route (FAR).

    4 months ago
    Government Launches 'Clean Up the Mess' Campaign to Dismantle Vested Interest Groups, Confirms Finance Minister Dr. Swarnim Wagle

    Government Launches 'Clean Up the Mess' Campaign to Dismantle Vested Interest Groups, Confirms Finance Minister Dr. Swarnim Wagle

    Finance Minister Dr. Swarnim Wagle has stated that Nepal is undergoing a rigorous purification drive to root out systemic corruption and break the grip of long-standing interest groups. Highlighting a historic 1-kharba-rupee financial scandal currently in court, he outlined a transparent five-year economic roadmap designed to engage youth and foster sustainable development.

    4 months ago
    Foreign Minister Shisir Khanal Begins Official China Visit; Bilateral Talks with Wang Yi Scheduled for Monday Evening

    Foreign Minister Shisir Khanal Begins Official China Visit; Bilateral Talks with Wang Yi Scheduled for Monday Evening

    Nepali Foreign Minister Shisir Khanal launched his four-day official visit to China on Monday morning by visiting the Institute of Tibetan Plateau Research. He is slated to hold a high-level bilateral meeting with Chinese Foreign Minister Wang Yi in Beijing later this evening.

    4 months ago
    Historic US-Iran Peace Pact Achieved to End Four-Month Conflict; Official Signing Set for Friday in Switzerland

    Historic US-Iran Peace Pact Achieved to End Four-Month Conflict; Official Signing Set for Friday in Switzerland

    In a landmark diplomatic breakthrough mediated by Pakistan, the United States and Iran have agreed to an immediate and permanent ceasefire across all fronts. Following confirmations from Pakistani Prime Minister Shehbaz Sharif and US President Donald Trump, the strategic Strait of Hormuz will completely reopen this Friday, promising immense relief to a strained global economy.

    4 months ago
    New Immigration Bill Proposes 10-Year Free Visa for Non-Resident Nepalis to Boost Diaspora Ties

    New Immigration Bill Proposes 10-Year Free Visa for Non-Resident Nepalis to Boost Diaspora Ties

    The Ministry of Home Affairs has drafted a comprehensive new Immigration Bill that proposes a 10-year complimentary visa for Non-Resident Nepalis (NRNs) and their families, while simultaneously modernizing visa categories and tightening global border security frameworks.

    4 months ago
    Global Markets Rally and Oil Prices Plunge Following Historic US-Iran Ceasefire Agreement

    Global Markets Rally and Oil Prices Plunge Following Historic US-Iran Ceasefire Agreement

    Stock markets across the Asia-Pacific region and US futures surged on Monday morning while crude oil prices dropped by over 4% after US President Donald Trump and Iranian officials officially confirmed an agreement to end the war and reopen critical trade routes.

    4 months ago
    Kathmandu Inundation Alert: KMC Identifies 128 Monsoon Hotspots as 8,000+ Families Face Flood Risk

    Kathmandu Inundation Alert: KMC Identifies 128 Monsoon Hotspots as 8,000+ Families Face Flood Risk

    The Kathmandu Metropolitan City (KMC) has mapped out 128 locations across the district vulnerable to monsoon flooding, predicting that over 8,300 families will be impacted. In response, a comprehensive pre-monsoon preparedness plan has been greenlit, identifying high-risk areas—with Ward 14 being the most vulnerable—and securing schools, parks, and open spaces for emergency shelter.

    4 months ago
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