Many factories close down after sending their workers home with paid leave.

The Covid-19 pandemic has emptied Thamel of foreign visitors, who form the primary customer base for the tourist hub’s hundreds of restaurants and bars.

The directives come at a time when Nepal is preparing for mutual evaluation this year with Asia Pacific Group on Money Laundering of its compliance with the global standards on anti-money laundering and terrorist financing.

The proposed measure is aimed at complying with anti-money laundering and terrorism financing standards set by the Financial Action Task Force.

As many as 1,202 projects with a combined contract value of Rs86.44 billion continue to be sick, corruption watchdog’s latest report shows.

Capital expenditures of Karnali and Province 2 stand at just 3.8 percent in the first half of the current fiscal year.

The anti-graft body had let off two former prime ministers on corruption charges citing ‘policy decisions’, which many say the Lalita Niwas decisions are clearly not.

Commission for Investigation of Abuse of Authority says corruption and money laundering are interlinked.

Commission for Investigation of Abuse of Authority recommends suspension of its former employee, Khagendra Prasad Rijal, for alleged bribe-taking.

The Inland Revenue Department and the Department of  Customs, which are responsible for collecting most of the revenues for the federal government, have reported a combined revenue shortfall of Rs67 billion against the target this year.

Jha and Moktan have claimed that they had received several threat calls before the video of Pathak admitting to accepting bribe from Lambodar Neupane, executive board member of Nepal Engineering College, became public.    

A taskforce comprising federal ministers and chief ministers has been formed to draft a report on issues raised by the chief ministers during the meeting of inter-state council that kicked off in Kathmandu on Sunday.

The Rastriya Janata Party-Nepal, which was formed after the merger of six Madhes-based parties, may participate in the second phase of local level elections by taking the vote symbol of one of its constituents if its concerns are addressed.

The outpouring of support a year ago has unfortunately been matched by disappointment a year later

Govt agencies to step up surveillance n To probe whether Nepalis hold offshore accounts