National News - Page 17
Nepal Government to Prioritize Domestic Goods and Services in Public Procurement
The government has directed all public bodies to give mandatory priority to locally produced goods and services in procurement, aiming to promote domestic industries, create jobs and reduce imports.
SK Hynix Shares Jump Over 12% on $28.7 Billion Buyback Plan
SK Hynix shares surged more than 12% after the South Korean chipmaker unveiled a massive $28.7 billion share buyback and cancellation program, boosting investor confidence in its long-term growth prospects.
Ncell Seeks Government Approval for Pending Share Transfer
Private telecom operator Ncell has formally urged the government to approve its pending share transfer, stressing that timely approval is essential for investment stability, uninterrupted operations, and the company’s long-term business plans.
Trump Denies Talks with Iran, Says Strait of Hormuz Remains Open
U.S. President Donald Trump has denied that any dialogue or negotiations with Iran are currently underway or scheduled, while claiming that the naval blockade remains fully effective and the Strait of Hormuz is operational.
Trump Delays 50% Tariff Hike on Canadian Goods for Three Days
U.S. President Donald Trump has postponed a planned 50% tariff increase on Canadian goods for three days, citing progress in bilateral negotiations and an agreement to finalize key documents.
RSP Reviews Conduct of Ministers and MPs, Seeks More Responsible Parliamentary Presentation
The ruling Rastriya Swatantra Party (RSP) has held an internal discussion on the conduct and parliamentary performance of its ministers and lawmakers, with party chair Rabi Lamichhane stressing the need for more disciplined, respectful, and responsible communication in Parliament.
Taxpayer Gift Scheme Gains Momentum as Bill Registrations Surge 50-Fold
The government’s taxpayer incentive gift scheme has witnessed a sharp rise in consumer participation, with registered bills jumping from 7,077 in the first half of Shrawan to 357,144 in the second half.
Indian Army Chief Meets Prime Minister Balendra Shah
Indian Army Chief General Dhiraj Seth held a courtesy meeting with Nepal’s Prime Minister and Defence Minister Balendra Shah at Singha Durbar, with discussions focused on bilateral relations and security concerns.
Students Protest LPG Shortage in Kathmandu
Nepal Students Union (NSU) activists staged a symbolic protest at Tri-Chandra Campus in Kathmandu, carrying empty LPG cylinders to highlight the ongoing cooking-gas shortage and its impact on students and the public.
Ujyalo Nepal Launches Signature Campaign Against Electricity Tax
Ujyalo Nepal Party has launched a signature campaign demanding the removal of taxes imposed on electricity and the recovery of outstanding dues from dedicated and trunk-line electricity consumers.
Made in Nepal: Government Backs Homegrown Yatri P2 Electric Scooter
Finance Minister Dr. Swarnim Wagle has pledged government support for the promotion of Yatri P2, an electric scooter designed and manufactured in Nepal. He urged the company to focus on global competitiveness and turn the homegrown product into an international brand.
Deadly Quake: 7.7-Magnitude Earthquake Kills 51 in Indonesia
A powerful 7.7-magnitude earthquake struck eastern Indonesia on Saturday, killing at least 51 people and displacing nearly 5,000 others. Rescue operations have been hampered by landslides, damaged roads, disrupted communications and the region’s difficult island geography.