Kathmandu — The insurance sector provides a stark example of how extensive political interference has weakened Nepal’s financial institutions. Investigations into alleged misconduct by former Insurance Authority Chairman Surya Prasad Silwal, widely criticized by some as one of the...

KATHMANDU — The Embassy of Pakistan in Kathmandu honored more than 200 outstanding Nepali students during the 14th Annual Ambassador of Pakistan Scholarship Ceremony held at Aloft Hotel on Wednesday. The event brought together students, teachers, parents, and representatives from...

KATHMANDU,  — The Embassy of Pakistan, in collaboration with the Pakistan Nepal Alumni Network (PNAN), organized a free medical camp in Ward No. 4 of Nagarjun Municipality, Kathmandu, June 13, 2026, benefiting more than 100 local residents. The health...

Kathmandu — Minister for Health and Food Hygiene Nisha Mehta has said that the government is preparing to amend the Health Insurance Act to make the national health insurance program more effective and sustainable. Responding to lawmakers’ questions during...

Kathmandu — In a unique display of goodwill and friendship, the Embassy of Bangladesh in Kathmandu has distributed more than 1,750 kilograms of premium Bangladeshi mangoes among distinguished personalities across Nepal under its annual “Season’s Best Compliments” initiative. The diplomatic...

Kathmandu — The credit rating of Nepal Reinsurance Company Limited has been downgraded. ICRA Nepal has lowered the company’s issuer rating from the earlier ‘Double A Minus’ level to ‘A’. At the same time, the company has been kept...

International — The United States and Iran are expected to sign a landmark Memorandum of Understanding in Switzerland on June 19 that would formally end hostilities between the two countries and open the door to comprehensive negotiations aimed at...

Kathmandu  — The Nepal Insurance Authority has issued letters suspending all chairpersons and directors of insurance companies who have been charged in criminal cases. According to sources, the Insurance Authority sent suspension notices yesterday evening to all chairpersons, directors, and...

Kathmandu — Surendra Thapa, CEO of Nepal Reinsurance Company, has finally been suspended. Thapa, who had been drawing a salary worth hundreds of thousands of rupees per month, is alleged to have played a role in actions that harmed...

Kathmandu — Stakeholders have expressed concern that the insurance industry itself could come under significant financial strain if insurance premiums for electric vehicles (EVs) are not increased. The issue was highlighted at a program organized yesterday in Kathmandu by...