National News - Page 17
“I Have Swallowed the Criticism Like Poison”: Wagle Defends Stock Market Reforms
Finance Minister Dr. Swarnim Wagle has said the government has no intention of artificially boosting the stock market for short-term popularity, arguing that regulatory reforms and investor protection are more important than temporary market gains.
Nepal Moves Closer to Legal Cannabis Cultivation as Wagle Signals Government Support
Finance Minister Dr. Swarnim Wagle has said the government is positive about creating the legal framework needed for the commercial production and medicinal use of cannabis in Nepal.
PM Balen Heads to Mustang, Gyanendra Shahi Calls It a Private Visit
Prime Minister Balendra Shah has departed for Mustang by road, with RPP leader Gyanendra Shahi describing the trip as a private visit to the Khampa Monastery and urging that it not be unnecessarily politicized.
Nepal Oil Corporation Says LPG Supply Normal, Urges Consumers Against Hoarding
Nepal Oil Corporation has assured consumers that LPG supply remains smooth and urged them to purchase only according to their needs, as sales surged by nearly 900,000 cylinders in Shrawan.
US National Debt Surpasses $40 Trillion, Raising Fresh Economic Concerns
The US national debt has crossed the historic $40 trillion mark, more than doubling in a decade as heavy government spending and rising interest costs put increasing pressure on the economy.
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.