Kathmandu, April 15 (IANS) The Nepal government on Wednesday announced the formation of a commission to investigate the assets of key political office holders and senior bureaucratic officials who have held public office over the past two decades, amid allegations of rampant corruption involving such individuals. A Cabinet meeting held on Wednesday decided to form a body that will probe the properties of those who have been at the helm of the state since 2006, the year when the second people’s…
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Kathmandu, March 11 (IANS) A clear majority secured by the Rastriya Swatantra Party (RSP) in Nepal’s recent parliamentary elections is likely to reduce near-term political uncertainty and improve policy predictability in the Himalayan nation, Fitch Ratings said on Wednesday. “This provides an opportunity for enhanced policy predictability and the implementation of governance and economic reforms,” the international rating agency added. The three-and-a-half-year-old party won 125 out of 165…
Kathmandu, March 8 (IANS) Nepali Congress President Gagan Thapa suffered a bitter defeat at the hands of Amaresh Kumar Singh of the all-conquering Rastriya Swatantra Party in this year’s parliamentary elections.The party’s prime ministerial candidate, Thapa, secured 22,831 votes in the polls held in Sarlahi-4 in Madhesh Province, against 35,688 votes polled by Singh, adding to the long list of heavyweight leaders to suffer a similar fate.Elected as president of the party just in January this yea…
Kathmandu, March 6 (IANS) Voters in Nepal have expressed hope for political change as early trends from the ongoing vote counting indicate a strong performance by a relatively new political force, sparking optimism among citizens seeking an end to corruption and a shift in the country’s political landscape.According to Nepal Election Commission Joint Secretary and spokesperson Narayan Prasad Bhattarai, preliminary results suggest that the Rastriya Swatantra Party (RSP) is leading in several cons…
New Delhi, Feb 26 (IANS) Major political parties in the fray for the March 5 Parliamentary election in Nepal, are expressing concern that the country – once a popular global tourist destination – has not been able to touch the pre-Covid number of visitors. Hence, they have pledged to work towards shoring up tourist arrivals to the nation, say media reports.“Nepal has been receiving just over 1 million tourists annually over the past three years, and arrivals have yet to return to the pre-C…
Kathmandu, Dec 27 (IANS) Nepal interim Prime Minister Sushila Karki on Saturday held her first-ever direct meeting with top leaders of the country’s major political parties to discuss the parliamentary elections scheduled for March 5 next year. Nepali Congress President Sher Bahadur Deuba, Communist Party of Nepal (Unified Marxist–Leninist) [CPN (UML)] Chairperson KP Sharma Oli, and Nepali Communist Party Coordinator Pushpa Kamal Dahal reached the Prime Minister’s official residence to dis…