The third pressures are on Europe’s ground and surface water, lack of concrete action:

Kathmandu june 4, IFOAM released a Press statement to reduction the pollution in Organic European responses. BRUSSELS, 4 JUNE 2025 – IFOAM Organics Europe welcomes the European Commission’s Water Resilience Strategy, a necessary European response to the growing water...


Nepal Reinsurance Company to Invest in Term Deposits

Kathmandu – Nepal Reinsurance Company Limited has announced plans to invest in term deposits using its investable funds in both Nepali and American dollars. The company has invited financial institutions in categories A, B, and C, licensed by Nepal...


Non-Life Insurance Companies Collect Rs 17.17 Billion in Premiums in First Five Months

Kathmandu – Non-life insurance companies in Nepal have collected a total of Rs 17.17 billion in premiums during the first five months of the current fiscal year. According to the data released by Nepal Insurance Authority, 14 non-life insurance...


NLG Insurance Company Invests Rs 2.88 Billion Across Banking and Financial Sectors

Kathmandu – NLG Insurance Company Limited has invested a total of Rs 2.88 billion in various sectors by the end of the first quarter of the current fiscal year 2081/82, according to data published by the Nepal Insurance Authority....


Nepal Insurance Authority’s Chair Surya Prasad Silwal to Face Further Investigation

Kathmandu – The chair of the Nepal Insurance Authority, Surya Prasad Silwal is under further investigation following allegations of corruption and document forgery. The Commission for the Investigation of Abuse of Authority (CIAA) has formally requested the Central Investigation...


Sun Life Endowment Insurance: A Popular Choice for Financial Protection

Kathmandu – Sun Life Endowment Life Insurance Plan offered by Sun Life Insurance, a policy that has quickly gained popularity for its comprehensive coverage, affordability, and ease of access. Known for its customer-centric approach, the company offers 15 insurance...


Nepal Insurance Authority Enforces Risk-Based Capital and Solvency Directive

Kathmandu – The Nepal Insurance Authority has introduced a new directive towards  a risk-based capital (RBC) and Solvency framework for life and non-life insurance companies. This move replaces the directive issued in 2022 and aims to better align capital...


UN Pushes for Swift Action to Finalize Global Plastic Pollution Treaty

Busan – The fifth session of the Intergovernmental Negotiating Committee (INC-5) commenced on November 27, 2024, with an urgent call to accelerate efforts toward a legally binding treaty to combat plastic pollution. With the December 1 deadline approaching, negotiators...


Indigenous Peoples Demand Justice and Recognition in Global Plastics Treaty

Busan – The International Indigenous Peoples’ Forum on Plastics has called for urgent action to address the devastating impact of plastic pollution on Indigenous communities and their territories. In a statement to state parties, the forum emphasized that Indigenous...


Santosh Narayan Shrestha Appointed as Chairman of Nepal Securities Board

Kathmandu – The Securities Board  of Nepal (SEBON) has appointed Santosh Narayan Shrestha as its new chairman after a prolonged vacancy. The decision was finalized during a cabinet meeting held on Monday. . The selection process was guided by...