Once one of Asia's leading financial hubs, the Kolkata Stock Exchange is making a renewed push to resume operations after more than a decade, aiming to modernize its platform and revive trading for thousands of listed companies and stranded investors.
The Finance Committee of Nepal's Federal Parliament is holding a meeting on Sunday to discuss priorities for the monetary policy for fiscal year 2083/84 with experts and key stakeholders.
The government led by Prime Minister Balendra "Balen" Shah has released its 100-day progress report, citing the reduction in the number of federal ministries and major policy reforms as key achievements.
The National Assembly will discuss the Appropriation Bill, 2083, along with key economic and debt-related bills, as lawmakers review the government's spending priorities for the upcoming fiscal year.
The council is set to discuss recommendations for filling vacant positions in various constitutional bodies.
As part of its 100-point governance reform agenda, the government is set to launch a dedicated, free "Blue Bus" service for women in the Kathmandu Valley, deploying an initial fleet of eight buses across three high-traffic routes.
In a major Thursday session, Nepal’s Cabinet approved the tabling of a critical UN ocean treaty in Parliament, ratified four sweeping national policies for 2083 BS, and executed sweeping leadership shakeups across the Nepal Police and top public corporations.
Following a 5% hike earlier this year, regulatory authorities readjust long-distance passenger fares downward to match stabilizing fuel markets.
Indian Railways is set to completely upgrade its passenger reservation system, boosting its ticket-processing capacity from 25,000 to 125,000 tickets per minute to eliminate website crashes and delays during peak booking hours.
The Naagdhunga Tunnel, Nepal's pioneering road tunnel project, is undergoing final technical and safety evaluations ahead of its scheduled commercial opening in the month of Saun. Built with a budget of approximately Rs 22 billion—largely funded by the Japanese government through JICA—the 2.68-kilometer infrastructure project successfully tested its specialized maintenance and rescue fleets to ensure operational readiness.
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.
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.