National News - Page 30
Reliance’s Jio Platforms Set for Historic $4 Billion IPO to Revolutionize Indian Capital Market
Billionaire Mukesh Ambani announces board approval for Jio Platforms' draft prospectus, positioning the 500-million-subscriber telecom and tech giant for one of India's largest-ever public listings to raise around $4 billion.
Prime Minister Balendra Shah Convenes Cabinet Meeting; Speculation Mounts Over Vacant SEBON Chairmanship
Prime Minister Balendra Shah has called an emergency Cabinet meeting at Singha Durbar for 4:30 PM today to review ministerial agendas, amidst growing anticipation over the appointment of a new SEBON Chairman.
Finance Minister Dr. Swarnim Wagle Links Stock Market Drop to Massive Rs. 1 Kharda Anti-Corruption Crackdown
Finance Minister Dr. Swarnim Wagle clarified in Parliament that the recent NEPSE downturn is driven by psychological panic over a Rs. 100 Billion (1 Kharda) ongoing legal investigation into capital market and insurance scams.
US-Iran Peace Ceremony Postponed at Last Minute; Nuclear Tech Talks to Continue as Accord Moves Online
The high-level formal signing ceremony to conclude the US-Iran conflict at Switzerland's Bürgenstock Resort was abruptly postponed after both nations fully executed the primary peace accord digitally.
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 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.
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.
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.
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.
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%.
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).
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.