Kathmandu: All petitions against the decision to collect tax on mergers and FPOs were dismissed by the Supreme Court, banks and insurance companies must pay 40 billion as tax. After the statement of the government’s decision to levy tax...

Global insured losses from severe thunderstorms have hit a new all-time high of US$60 billion in 2023, with overall natural catastrophe claims surpassing $100 billion, according to Swiss Re Institute in a new report. As the US is particularly...

Kathmandu : The production of 9 types of drugs has been banned by DDA ( Department of Drugs Administration) due to the poor quality. The name of drugs are as below : * Linagliptin 2.5mg Tablet * Linagliptin 10mg...

Dr.Ravindra Ghimire Insurance is associated with risk. The act of providing protection to the insured by sharing the risk is insurance in the general sense. There are two types of risk in the world. The first is the risk...

Kathmandu: The regulatory body Nepal Insurance Authority is going to conduct a detailed audit ‘DDA’ (Due Diligence Audit) under its rules to reveal the assets and liabilities of the insurance company. Since, the authority has to audit the assets...

Kathmandu: Nepal Insurance Authority and Nepal Securities Board of Nepal (SEBON) have asked for an explanation about the delay in the issue of LIC Nepal’s rightful shares. According to the sources of the Securities Board of Nepal, the study...

The Scottsbluff solar farm in western Nebraska was built to withstand most hailstones. But the icy pellets that rained down in late were bigger than baseballs. The hail part of a larger pattern of severe storms, heat and other...

Horticultural student amongst hydrangeas at RHS Wisley CREDIT: RHS/Oliver Dixon Hydrangeas are in bigger and brighter bloom this year thanks to washout summer weather The flowers are in the best health in years, according to the Royal Horticulture Society (RHS),...

Israeli military have started setting up pumps to flood Hamas’s tunnels in Gaza with seawater CREDIT: Dr.Eli David via X Israeli troops have been photographed setting up pumps to flood Hamas’s tunnels with seawater. The Israel Defense Forces (IDF) released...

As global leaders participate in the 28th Conference of the Parties (COP) at the UN Climate Change Conference in Dubai, an inaugural climate adaptation report focused on East Africa has revealed that impact investors have predominantly focused on initiatives to...