Kathmandu. The construction of the Nagdhunga-Mugling road has been halted due to a shortage of bitumen, which is essential for blacktopping the road.Gyanendra Ghimire, a representative of the construction company Jiangsu Sagun JV, stated that work had to be stopped because of a global bitumen shortage caused by tensions in the Middle East during the peak construction season. Ghimire noted that suppliers are canceling orders, citing an extreme scarcity in the international market.The final blacktopping of a 6-kilometer stretch of the Nagdhunga-Naubise section, which is in its final phase of construction, has already been completed. Ghimire explained that work on...
Beijing. Chinese President Xi Jinping met with Taiwan's opposition leader Cheng Li-wun on Friday. This marks the first visit by a leader of Taiwan's main opposition party, the Kuomintang (KMT), to China in a decade.During the meeting, both sides expressed a desire to maintain peace and stability in the Taiwan Strait region. In the meeting held at the Great Hall of the People in Beijing, Xi Jinping stated that peaceful relations are essential to provide a bright future for the next generations of both sides.China had suspended high-level dialogue after the Democratic Progressive Party, led by Tsai Ing-wen, came to...
Kathmandu. Nepal Rastra Bank is set to collect Rs 125 billion in deposits on Friday. Even two weeks after the formation of the new government, excess liquidity remains in the market. To mitigate this, the central bank is once again using a deposit collection tool via competitive bidding to absorb funds.With economic activity stagnant for a long period and the recent Gen-Z movement, credit flow from banks has failed to increase. Anticipating no immediate growth in lending, banks are showing little interest in deposit growth, lowering interest rates and discouraging fixed deposits.Currently, total deposits have exceeded Rs 7.8 trillion. The...
एजेन्सी– जर्मनीका चान्सलर फ्रिड्रिख मर्जले अमेरिका र इरानबीच हालै सहमति भएको दुई हप्ते युद्धविरामलाई समर्थन गर्न जर्मनीले इरानसँग प्रत्यक्ष वार्ता पुनः सुरु गर्ने घोषणा गरेका छन्। बर्लिनमा आयोजित पत्रकार सम्मेलनमा उनले लामो समयदेखि जारी तनावपछि पहिलो पटक कूटनीतिक समाधान खोज्ने वास्तविक अवसर खुलेको बताए । तर उनले मध्यपूर्व क्षेत्रको समग्र अवस्था अझै पनि निकै संवेदनशील […]
काठमाडौँ– पूर्वगृहमन्त्री रमेश लेखकले सरकारले आफूलाई प्रतिशोधपूर्ण र पूर्वाग्रही ढङ्गले हिरासतमा राखेको आरोप लगाएका छन् । गत भदौ २३ र २४ गतेको घटना छानबिनका लागि गठित आयोगको प्रतिवेदनलाई ‘अपूर्ण र अप्रमाणित’ संज्ञा दिँदै उनले आफूमाथि लगाइएको फौजदारी अभियोग निराधार रहेको दाबी गरेका हुन् । सर्वोच्च अदालतको परमादेशपछि १३ दिनको हिरासत मुक्त भएका लेखकले शुक्रबार एक […]