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Man Rescued from Sindhuli Police Custody Dies During Treatment

A 22-year-old man, Shreekrishna Bik, who was rescued from the detention cell of the Khurkot Area Police Office in Sindhuli, has died during medical treatment. Bik was found hanging inside the detention cell and was immediately taken to the hospital, where doctors declared him dead. The deceased’s family has demanded a fair investigation and formed a committee. His body has been sent for a post-mortem examination. (April 20, Kavrepalanchok)

Shreekrishna Bik from Jumledanda, Sunkoshi Rural Municipality-3, Sindhuli, was found hanging in the ventilation of the Khurkot police detention cell. He was rescued from the cell with a noose made from his own shirt and taken to Sunkoshi Community Hospital for initial treatment. Later, he was transferred to Sindhuli Hospital for further care, but doctors confirmed his death.

According to Lal Dhwaj Suvedi, Chief of Sindhuli District Police, Bik was alone in the detention cell when the incident occurred. Bik worked as a vehicle driver in Kathmandu. He had married a 16-year-old girl from Khotang on April 11. Following their marriage, the girl’s family filed a complaint at Satdobato Police Station in Lalitpur, accusing Bik of forcibly marrying a minor. Based on this, Satdobato Police sent Bik to Khurkot Area Police Office on April 16 for further investigation.

After the death, Bik’s relatives and local residents gathered at the Khurkot police office demanding a transparent and impartial investigation. Responding to these demands, a committee was formed under the coordination of Dipendra Paudel, Deputy Chief District Officer and Information Officer of Sindhuli, including police spokespersons and local ward chairpersons, as confirmed by District Police Chief Suvedi. The deceased’s body remains at Sindhuli Hospital for post-mortem examination.

जेनजी विद्रोहको स्वरमा ‘बफिन्स ९८’ ले ल्यायो ‘हाम्रो आवाज, नयाँ नेपाल’

‘Baffins 98’ Amplifies Gen-Z’s Voice of Rebellion Through the Song ‘Our Voice, New Nepal’

The Pokhara-based musical group ‘Baffins 98’ has released a new song titled ‘Our Voice: New Nepal,’ capturing the movement and rebellion of the Gen-Z generation. The song vividly portrays the street protests and suppression of youth on Bhadra 23, 2082 BS (September 8, 2025). It focuses on core issues such as corruption, freedom of expression, and youth voices opposing censorship on social media.

This music video attempts to bring to life the powerful voices and street struggles raised by youth across the country on Bhadra 23, 2082 BS, demanding change. After the government ignored citizens’ grievances, the spontaneous uprising of Gen-Z was met with authoritarian repression, indiscriminate firing, and tragic consequences with dozens of youth killed or injured — a poignant reality reflected throughout the song.

Sung and penned by Sanjiv Gurung, this song urges the youth to return to their homeland and dedicate themselves to nation-building. The group has previously released dozens of timeless patriotic and socially conscious songs such as ‘Hamro Desh Nepal,’ ‘Ma Mare Pani,’ ‘Rundai Cha Karnali Bhumi,’ ‘Jaba Ghamko Pahilo Jhulka,’ and ‘Barbari Aansu.’ Once again, through musical expression, the band clearly emphasizes the inevitability of national transformation.

The music video showcases the youthful energy of the Gen-Z movement, the spirit of unity articulated by the artists, and compelling depictions of the labor and lifestyles of common Nepalis from the Himalayas, hills, and Terai regions. The band’s bassist, Jeevan Bhai, composed the visuals featuring scenes from across Nepal. ‘Our Voice: New Nepal’ is more than a musical presentation; the band states it is a heartfelt tribute to the immortal martyrs, wounded youth, and their families from the Gen-Z movement.

Finance Minister Labels Progress of Investment Projects as Shameful in Investment Board Meeting

Finance Minister Dr. Swarnim Wagle expressed strong concerns after reviewing a report showing that out of 55 projects approved by the Investment Board, only 2 have reached the construction phase. He emphasized the need for a rigorous review process. Dr. Wagle highlighted the necessity to identify reasons for inactivity in foreign investment-approved projects and indicated that changes in relevant laws may be required.

On April 21 in Kathmandu, Dr. Wagle remarked that it is embarrassing that only two out of 55 approved investment projects have commenced construction, according to data released by his secretariat.

During the 13th meeting of the Investment Board’s Monitoring and Facilitation Committee, he said, “Given the length of time since foreign investments were approved, the lack of progress in these projects calls for a strict evaluation.” He added that it is essential to hold accountable those responsible for delays despite the acceptance of foreign investment. If any individuals are at fault or if legal inconsistencies exist, these must be identified and necessary amendments to the law made.

“The root causes of these problems must be revealed immediately,” Minister Wagle stressed. He also warned that if issues remain unresolved by the 14th committee meeting, more severe scrutiny would follow. The minister criticized the weak appearance and misinformation coming from the powerful body overseeing investment facilitation as a serious issue. He insisted that at least ten projects should show immediate progress. “There are some promising projects that require thorough investigation,” he stated.

At the event, Sudip Dhakal, the Prime Minister’s advisor on policy, administration, and good governance, described the condition of projects vital to the country’s future development as extremely deplorable. “We need to promptly address the obstacles hindering project advancement. Identify the agencies and individuals involved and clarify why coordination failed. Going forward, these matters will be monitored and rectified,” he said.

On the same occasion, Sushil Gyawali, CEO of the Investment Board, detailed the responsibilities and authorities of the board, office, and committee, and provided information on the projects approved and facilitated by the board.

Vice President Dahal Praises Diaspora Bond Plan to Boost Homeland Development

Lokprasad Dahal, Vice President of the Non-Resident Nepali Association (NRNA), stated that the government’s proposed annual diaspora bond worth one hundred billion Nepalese rupees is laying a vital foundation for contributing significantly to the development of the homeland. Dahal emphasized, “Strong collaboration between the government, NRNA, and the private sector will be the key factor in channeling diaspora capital into nation-building.” April 21, Kathmandu.

Through social media, Vice President Dahal said, “Specifically, the government’s plan to introduce an annual diaspora bond worth one hundred billion rupees establishes a fundamental basis to connect the capital of 8 million Nepalis residing abroad with the development of their motherland.” He noted that due to low participation in previous foreign employment savings bonds, a trustworthy and attractive investment model is required this time.

Dahal further added, “Experts have proposed a collective investment fund concept that includes investors ranging from small to large, as well as Nepalis holding foreign passports.” He highlighted the strong potential to transform over one trillion rupees of economic resources abroad into Nepal’s prosperity by investing in sectors like hydropower, infrastructure, agriculture, and tourism.

The Vice President observed that the recent unity within the NRNA has injected renewed hope and enthusiasm for diaspora investment. After the recent general convention held in Kathmandu, where new leadership was selected, past internal disputes have been resolved, and the association is moving forward with positive energy.

जसले विदेशबाट आफैं उपकरण किन्दै नेपालमा न्युरो सर्जरी सुरु गरे

The Doctor Who Imported Equipment to Launch Neurosurgery in Nepal

Though he is no longer with us today, the courage, struggle, and dedication of Dr. Dineshnath Gongal, who laid the foundation of modern surgical practice in Nepal, will forever shine brightly in the country’s medical history.

News Summary

Reviewed content.

  • Dr. Dineshnath Gongal pioneered neurosurgery in Nepal and laid the foundation for modern surgical medicine.
  • He performed over 40,000 surgeries and played a significant role in establishing the neurosurgery department at Bir Hospital.
  • He facilitated training of skilled neurosurgeons by sending Dr. Upendra Devkota to the UK for advanced education.

On the fifth floor of Bir Hospital is an operating theater named the Gongal Theater.

Why was the neurosurgery theater named after an individual?

This question leads us to explore the history of neurosurgery in Nepal and also the life story of a dedicated surgeon.

Named two years ago, the theater’s significance has grown as Dr. Dineshnath Gongal, known as the father of neurosurgery in Nepal, is no longer with us.

Dr. Rajiv Jha, head of neurosurgery at Bir Hospital, reflects, ‘Every morning when we enter the operating theater, his name on the door reminds us that the knowledge we have in neurosurgery is rooted in his legacy.’

The First Surgeon to Open a Patient’s Skull in Nepal

At a time when Nepal lacked CT scans and modern equipment, Dr. Gongal took the risk to open patients’ skulls and began performing complex surgeries despite challenging conditions.

This bold decision laid the foundational groundwork for neurosurgery in Nepal.

In 1961 (2018 BS), Dr. Gongal performed Nepal’s first neurosurgery on a patient injured in a road accident by opening the skull. Unfortunately, the patient did not survive.

Despite the initial failure, he did not lose heart. A year later, in 1962 (2019 BS), he successfully operated on a brain tumor. The risk was so high that he personally cared for the patient’s treatment for 48 hours due to the lack of reliable equipment, ICU facilities, and adequate nursing support.

The surgeries done based on simple X-rays astonish even today’s doctors.

According to Dr. Jha, Dr. Gongal was the first in Nepal to operate on a pituitary gland tumor. ‘There was no modern technology at the time,’ Jha recalled, ‘but his courage and skill make those operations incredible even today.’

Importing Equipment Himself

Surgical equipment was not readily available in Nepal. Often, Dr. Gongal traveled abroad to personally purchase necessary instruments. He also arranged for production of some items locally in Kathmandu.

This resourcefulness has led many physicians to remember him as the founder of modern surgical medicine in Nepal.

During his lifetime, Dr. Gongal performed over 40,000 surgeries. Alongside neurosurgery, he was the first in Nepal to conduct operations such as pituitary tumor surgery, laminectomy for spinal injuries, pneumonectomy for lung surgery, mitral valvotomy for the heart, and complex abdominal surgeries.

A Life Dedicated to Bir Hospital

Born in 1932 (1989 BS) in Kathmandu, Dr. Gongal’s ancestral home was in Palpa Tansen.

He completed his BSc from Tri-Chandra College, earned his MBBS from Darbhanga Medical College in India, and his MS from Grant Medical College, Mumbai.

After his studies in India, he joined government service in 1956 (2013 BS).

He spent most of his medical career at Bir Hospital, where he began his surgical practice and trained a new generation of physicians. Later, he also served as the founding vice chancellor of the National Academy of Medical Sciences (NAMS). He is survived by three sons and a daughter.

Facilitating Advanced Training Abroad

Dr. Gongal actively facilitated sending young doctors abroad for training to develop skilled specialists in Nepal.

Though he held administrative roles, he remained close to both doctors and students.

Dr. Jha recalls, ‘I was a medical officer in the neurosurgery department when Dr. Upendra Devkota was the head. Dr. Gongal regularly attended the weekly interdisciplinary meetings. He didn’t speak much but listened attentively and made corrections only when necessary.’

‘He was a teacher who spoke little and listened more,’ said Jha, ‘and that style taught us a lot.’

Under his guidance, Nepal’s neurosurgery emerged strong with pioneers like senior neurosurgeon Dr. Prakash Vist and the late Dr. Devkota gaining crucial experience working alongside Dr. Gongal. Dr. Gongal played a major role in supporting Devkota’s development.

The mentor-disciple relationship was vital in establishing neurosurgery in Nepal. By sending internationally renowned Dr. Devkota abroad, Dr. Gongal opened pathways for professional neurosurgery.

Formal neurosurgical services had not yet started at Bir Hospital then, but the number of patients with serious neurological problems was increasing. Many had to travel abroad at great expense for operations unavailable in Nepal, which deeply concerned Dr. Gongal.

He realized neurosurgery had to start in Nepal, but skilled manpower was lacking.

So he planned to send some hospital doctors abroad for training despite initial hesitation from others, who worried about insufficient cases for practice.

At that moment, a young doctor named Upendra stepped forward.

For Dr. Gongal, this was a pivotal moment. With a talented doctor from his own hospital willing to go abroad, he was optimistic about neurosurgery’s future.

In 1982, Dr. Gongal visited the UK on a two-week invitation from the British government, forging connections with British physicians, including renowned neurosurgeon Dr. Graham Teasdale at the University of Glasgow.

He clearly requested, ‘Nepal needs a trained neurosurgeon. Please assist in training one.’

At the time, the University of Glasgow was a global leader in neurosurgery and research. Professor Teasdale accepted the proposal. A formal letter soon arrived, and in 1983, with coordination from the British Council, Dr. Devkota was sent to the UK.

The initial six-month training at Glasgow extended into a three-year scholarship. While abroad, Dr. Devkota demonstrated exceptional capability by passing the rigorous FRCS examination, which only 15 to 20 percent of candidates passed.

After extensive training, he returned to Nepal in 1989 to resume his work at Bir Hospital.

At that time, the hospital was still in its old condition. Devkota’s return marked a turning point that greatly relieved Dr. Gongal, who felt the heavy burden he had carried was finally lightened.

From then on, neurosurgery at Bir Hospital advanced toward a modern form. The government assisted in acquiring new equipment, sanctioned necessary positions, and established a dedicated neurosurgery department.

Bir Hospital now has two neurosurgery operating theaters, one named after Dr. Gongal and the other after Dr. Devkota.

Dr. Jha says, ‘Although both are no longer with us, when we enter the operating theaters, their names remind us of their indelible legacy.’

Senior physician Dhundiraj Paudel refers to Dr. Gongal as ‘a living history of Nepalese surgery.’

‘A history of Nepalese surgery who astounded the world by successfully performing complex brain surgeries without even having CT scans,’ Dr. Paudel said, ‘who assisted doctors in difficult surgeries from head to toe.’

Paudel remembers Dr. Gongal as a surgical craftsman with a stern voice but extraordinary kindness in his heart, avoiding flattery and sycophancy.

In recognition of his contributions to Nepalese medicine, Dr. Gongal was honored with numerous medals and awards including the prestigious Suprabal Jyotirmaya Trishakti Patta, multiple Gorkha Dakshina Bahu awards (from first to fourth class), and the Mahendra Bidhya Bhushan.

He often likened his life to ‘the sun on the mountain.’

Even as his life waned like a setting sun, he never ceased dreaming. “It’s not just my personal dream,” Dr. Gongal said six years ago, “I wish to see Nepal prosperous during my lifetime.”

Today, though he is no longer on this earth, his bravery, struggle, and devotion that created the foundation of modern surgery in Nepal will always remain bright in the annals of medical history.

Gas Traders Reject Government Policy, Will Sell Full 14.2-Kilogram Cylinders Starting Monday

In response to rising diesel prices, gas traders have resolved to sell full 14.2-kilogram gas cylinders starting Monday, openly defying the government’s ‘half-cylinder’ policy designed to prevent gas shortages. The traders assert that without diesel transportation subsidies, continuing business is unfeasible. Meanwhile, Nepal Oil Corporation has stated that there is no immediate gas shortage but cautioned that potential future crises require vigilance.

Kathmandu, 8 Baisakh – In an effort to avert the gas shortage visible in the market, the government had introduced a policy allowing the sale of only half-filled cylinders. However, gas traders have announced they will not adhere to this mandate and, without waiting for formal government approval, will begin selling full 14.2-kilogram cylinders to consumers from Monday.

This decision was reached during a joint meeting between the Gas Sellers Federation and the Nepal LPG Gas Industry Association, according to Gyaneshwar Aryal, President of the Gas Sellers Federation. Aryal explained that the unexpected diesel price surge has rendered transportation costs unsustainable for the traders, compelling this move. Although the government had earlier decreed filling only half cylinders (7.1 kilograms), this policy has negatively impacted both traders and consumers.

“We have unanimously decided to sell full 14.2-kilogram gas cylinders from Monday,” Aryal stated. “If the government fails to provide diesel transportation subsidies, making continued business impossible, we will formally notify the government tomorrow.”

Aryal also warned that due to ineffective policies from Nepal Oil Corporation, a serious gas shortage could occur within the next two months. According to the Nepal LPG Gas Industry Association, all gas bullets at industries are currently fully loaded and there are no issues sending cylinders to the market at full capacity. The industry officials share that the restriction to sell only half cylinders has made it difficult to sell the existing gas stock.

Further, with many half-weight cylinders accumulating in customers’ homes, gas bullets arriving from India remain unloaded at industries, creating a backlog. The current practice of dispatching only 7.1-kilogram cylinders and delays in unloading gas bullets have resulted in all bullets being stuck.

“All gas bullets are now stalled. If Nepal Oil Corporation does not pay attention, we may face a gas shortage within two months,” Aryal added.

The traders have repeatedly engaged the relevant government stakeholders, but allege a lack of positive response. They have suggested to government affiliates not to raise diesel prices, but these recommendations have not been heeded. To safeguard their commercial viability and ensure supply continuity, the traders found it necessary to take this decision independently.

Aryal cited examples from neighboring South Asian countries—including India, Bhutan, and the Maldives—that have refrained from raising diesel prices in efforts to maintain economic stability. “While neighboring countries have worked to preserve economic conditions by not increasing diesel prices, Nepal’s government has made no substantial efforts,” he remarked.

With rising diesel and associated transportation costs, traders insist they cannot continue selling gas at a loss. Although Nepal Oil Corporation maintains there is currently no gas shortage, it emphasizes the importance of caution in light of possible future crises.

Purna Bahadur Khadka Issues First Statement as Outgoing Acting President

April 21, Kathmandu – Following the Supreme Court’s hearing on the Nepali Congress dispute, Purna Bahadur Khadka has issued his first press statement as the outgoing acting president. In the statement released Tuesday, Khadka expressed his objection to the government’s decision to dissolve student organizations and the Free Student Union. He described student organizations as the backbone of Nepal’s proud political history. Khadka also noted that through the Free Student Union, the country attained a federal democratic republican system, enabling the Nepalese people to enjoy the highest level of civil liberties.

“During the dark era of the party-less autocratic Panchayat system, when political parties were banned,” the release stated, “student unions organized on ideological grounds courageously led the campaign that kindled the flame of democracy, raised public awareness, and initiated rebellion against dictatorship.” The statement interprets the recent decision by the government led by Balendra Shah to dissolve student unions and the Free Student Union—once considered the nursery of democracy—as an authoritarian move. Khadka’s full press release reads as follows:

सिनियर सम्हालिए, नयाँ धर्मराए – Online Khabar

Impact of New Players Under Senior Leadership in Nepal’s T20 Series Against UAE

Nepal, under the new captaincy of Dipendra Singh Airee, played two T20 International matches against the UAE. New players Hemant Dhami and Santosh Yadav made their debuts in the T20 squad. Sandeep Lamichhane took 3 wickets in each match, while Kushal Bhurtel contributed with an unbeaten 84 runs in the second game to help Nepal secure a victory. April 21, Kathmandu.

The Nepalese cricket team, featuring changes including the captain, faced the UAE in two home T20 internationals. Matches held at the Tribeni Cricket Ground on Monday and Tuesday saw Nepal and UAE each claim one win. These closely contested matches were expected to be competitive; however, neither contest fully delivered on competitiveness. The UAE dominated the first game, while Nepal triumphed in the second, resulting in a 1-1 series draw.

The series provided opportunities for several emerging players as many seasoned players were rested. Hemant Dhami and Santosh Yadav made their T20 international debuts. Hemant, who was expensive in the first match, bowled more economically in the second. A solid performance was delivered by captain Dipendra Singh Airee, along with Sandeep Lamichhane and Kushal Bhurtel, with Dipendra remaining not out in both innings.

Sandeep Lamichhane excelled with consistent performances across both matches. Opener Kushal Bhurtel played a crucial role in the second game, scoring an unbeaten 84 runs off 57 balls, aiding Nepal’s victory. After a long absence from T20 internationals, Kushal Malla returned but was unable to post a significant score. Other players who received chances this series—Arjun Saud, Sandeep Jora, Basir Ahmad, Gulshan Jha, and Nandan Yadav—were unable to make a considerable impact.

New Directive Mandates CCTV and GPS Installation in Public Transport Vehicles

The government has drafted a new directive requiring public transport vehicles to be equipped with GPS devices and at least two CCTV cameras. Mobile apps and digital systems will be mandatory for online ticket purchase and payment. Additionally, there are plans to issue directives mandating the installation of fire extinguishers, first aid kits, and emergency assistance buttons. Kathmandu, 8 Baishakh – From now on, GPS (Global Positioning System) must be compulsorily installed in all public transport vehicles. The Ministry of Physical Infrastructure and Transport has prepared a draft directive for 2082 focused on making vehicles technologically advanced, healthy, safe, dignified, and passenger-friendly. Through this directive, the government aims to enforce mandatory GPS installation on vehicles. The Department of Transport Management is proposed to provide technical support for this initiative.

It will be the responsibility of drivers, conductors, and vehicle owners to ensure proper operation and monitoring of these devices. The installed equipment must include mandatory geographic tracking, overspeed warning systems, ignition on/off alerts, and route information. The ministry has scheduled discussions with stakeholders next week to finalize the directive. This new directive is intended to replace the amendments made under Clause 11 of the Transport Management Procedural Directive 2060 and repeal the Public Transport Code 2067.

The responsibility to install CCTV cameras will lie with the respective vehicle owners. While taxis are exempt from mandatory CCTV installation, the department will provide technical assistance if requested by the owner. CCTV footage must be securely stored for a minimum of three months. The installed devices must fulfill the condition of recording all activities occurring inside the vehicle.

Systems enabling online ticketing and payments via mobile app or other platforms must be developed. Payment for transport services must be processed through government-approved payment gateways or Quick Response (QR) codes. Furthermore, public transport vehicles are required to be equipped with fire extinguishers and first aid kits, and drivers and conductors must receive minimum necessary training on their use.

Rules Introduced Prohibiting Phone Conversations and Disrespect towards Speaker during Assembly Sessions

A draft of the House of Representatives Rules of Procedure 2083 has been prepared, outlining the regulations to be followed during assembly meetings. According to the rules, all members must stand to show respect when the Speaker enters the meeting hall, and the Speaker will take their seat with due honor. Phones must be kept on silent mode during meetings, and strict prohibitions are imposed on taking photographs, as well as audio or video recording. The Speaker holds the authority to take action against any violations.

On 8 Baishakh, Kathmandu – With the draft of the House of Representatives Rules of Procedure 2083 now public, the key provisions are clear. When the Speaker enters the session hall, all members are required to stand to show respect, and the Speaker will assume their position with honor. The Speaker will only leave the hall when the session is adjourned, after which members may also exit. No member is allowed to speak without the Speaker’s permission. When speaking, members must address the Speaker respectfully and only from designated places. Members are prohibited from leaving their seats while the Speaker is speaking and must listen attentively.

The rules mandate that members refrain from passing between the Speaker’s seat and a speaking member. Turning one’s back to the Speaker while seated or standing is strictly forbidden. Any behavior that disrupts the session, causes disturbance, or creates disorder is not allowed. Reading irrelevant material during meetings is prohibited. Phone conversations are completely banned; phones must be set to on silent or vibrate mode. Communication via phone, photography, and audio or video recording during sessions are strictly prohibited. Participants must adhere strictly to these rules.

Members must stand to draw the Speaker’s attention and may speak only after being acknowledged by name or signal. Discussion about the Speaker’s conduct is allowed only when related to official duties; personal criticism is not permitted at other times. Use of obscene, insulting, or morally offensive language is banned. Speech that insults or impacts any individual, caste, religion, language, or gender is also prohibited. The right to speak should not be abused to obstruct the assembly’s work.

Speeches must relate to the matter under discussion in the assembly. Repetition of unrelated points or failure to maintain focus may lead the Speaker to stop the member from speaking or to question them. After being ordered, the member must cease speaking and take their seat. If needed, members may request permission through the Speaker to provide clarifications or convey related information but may not raise controversial issues. The Speaker retains the authority to take appropriate disciplinary actions against any rule violations.

आईजीपी र सीडीओसँग गृहमन्त्रीको ५ घण्टा छलफल, राति गृहमन्त्रालय किन पुगे रास्वपा महामन्त्री ?

Five-Hour Meeting with Home Minister: Why Did Rashwap’s General Secretary Visit the Ministry Late at Night?

Home Minister Sudhan Gurung held an extensive five-hour discussion with Home Secretary Rajkumar Shrestha, Nepal Police Inspector General Dan Bahadur Karki, and Chief District Officers from Kathmandu, along with senior security officials. The meeting started at 6 PM and continued until around 11 PM. The topics discussed during this session have not been disclosed.

When exiting the ministry around 11 PM, reporters questioned the Home Minister about rumors concerning the targeting of major figures. In response, the minister replied, “I will explain later.” During the same time, Rashwap’s General Secretary Kavindra Buralkot made a call to the Chief District Officer of Kathmandu to discuss issues related to Gorkha and then visited the Home Ministry. He stated that since the Home Minister was occupied, he met with administrative staff before leaving.

“The Home Minister was in discussion with the IGP and Kathmandu’s CDO. I did not get a chance to meet him in the meeting,” Buralkot said. “The Home Ministry is not a place to remain silent, so the minister is working in his own way.” He added that the Home Secretary was also present and had visited the minister’s office.

Debentures Bought Cheaply Were Sold at Higher Prices to Public Companies

According to a report by the Securities Board, Deepak Bhatt purchased various debentures at low prices and then sold them to public companies after inflating their value. Bhatt bought 100,000 Nabil Debenture-85 units for NPR 108 million and sold them to his affiliated companies for NPR 118.121 million. Others cooperating in the investigation include Sandeep Chachan, Shubhi Agrawal, Rishiraj Mor, and Raj Bahadur Shah. (April 21, Kathmandu)

The Securities Board’s investigation report reveals that the controversial businessman Deepak Bhatt acquired different debentures in his name at low prices and subsequently sold them to public companies at higher prices. The report, prepared by the Securities Board’s Supervision Department, states that Bhatt bought not only Nepal Reinsurance shares but also Nabil Bank’s debentures (NBLD-85), Nepal Investment Mega Bank’s debentures (NIMBD-90), SBI Bank’s debentures (SBID-83), and Siddhartha Bank’s debentures (SBLD-89) in his name.

According to the report, Bhatt purchased NBLD-85 bonds from Himalayan Reinsurance on November 9, 2025, at NPR 1,080 per unit. Infinity Holdings Pvt. Ltd., which is wholly owned by Bhatt, holds 4.5% ownership in Himalayan Reinsurance. These shares were sold on November 16 to Guardian MicroLife Insurance Company at prices ranging between NPR 1,100 and NPR 1,160 per unit, as stated in the report.

The report also indicates that Bhatt holds a 15% stake in the same company. The debentures were then sold to Crest MicroLife Insurance at prices between NPR 1,160 and NPR 1,182 per unit, and to Protective MicroInsurance at NPR 1,185 per unit. The Securities Board’s report notes that Himalayan Reinsurance owns 15% and 21.43% stakes in these two microinsurance companies, respectively.

Rato Machhindranath Chariot Pulling Begins Today (With Photos)

News Summary

  • The chariot pulling of Rato Machhindranath began today, Tuesday, starting from Pulchowk and moving to Gahbahal.
  • According to tradition, Machhindranath is kept six months at the T:bahal temple and six months in Bungamati.
  • The chariot parade passes through various locations in Lalitpur, concluding with the Bhoto ceremony, followed by the relocation of Machhindranath to Bungamati.

April 21, Kathmandu – The pulling of the chariot of Rato Machhindranath, the deity worshiped as the god of rain and cooperation, commenced today, Tuesday. The chariot was pulled from Pulchowk and brought to Gahbahal.

As per custom, Machhindranath is housed at the T:bahal temple for six months and at Bungamati for the remaining six months.

The chariot procession begins to take Rato Machhindranath around the urban areas of Lalitpur.

The chariot traverses multiple locations in the city, including Pulchowk, Gwahal, Sundhara, Lagankhel, and finishes at Jawalakhel with the Bhoto showing ceremony. Afterward, Machhindranath is taken to Bungamati for the remainder of the year.

अभिषेकको शानदार शतकमा हैदराबादले दिल्लीलाई हरायो

Abhishek Sharma’s Brilliant Century Leads Hyderabad to Victory Over Delhi

Sunrisers Hyderabad defeated Delhi Capitals by 47 runs in the IPL 2026. Abhishek Sharma played a magnificent unbeaten century, scoring 135 runs off 68 balls to help Hyderabad post a commanding total of 242 runs. Hyderabad currently stands third with 8 points from 7 matches, while Delhi is placed fifth with 6 points from 6 games. April 21, Kathmandu.

Thanks to Abhishek Sharma’s exceptional century, Sunrisers Hyderabad overcame Delhi Capitals in their IPL 2026 encounter. In the match held on Tuesday night, Hyderabad defeated Delhi by 47 runs. Chasing a target of 243, Delhi managed only 195 runs for 9 wickets in their 20 overs. Nitish Rana was Delhi’s top scorer with 57 runs, followed by Shahbaz Ahmed contributing 41 runs.

For Hyderabad, Ishan Malinga was the pick of the bowlers, delivering 4 overs for 32 runs and taking 4 wickets. Harsh Dubey took 3 wickets, while Dilshan Madushanka and Sakib Hossain grabbed 1 wicket each. After losing the toss and opting to bat first, Hyderabad posted 242 runs for 2 wickets in 20 overs, buoyed by Abhishek Sharma’s unbeaten century. Sharma struck 10 fours and 10 sixes in his 68-ball innings, finishing on 135 not out. Heinrich Klaasen also contributed an unbeaten 37 runs off 13 balls, while Travis Head scored 37 runs from 26 balls and captain Ishan Kishan added 25 runs off 13 balls. Delhi’s captain Axar Patel claimed 1 wicket and another wicket fell via run-out. Following this victory, Hyderabad moved up to third place with 8 points from 7 matches, while the defeated Delhi side remains fifth with 6 points from 6 games.

Significant Increase in Fuel and Daily Consumer Goods Prices in Nepal

The geopolitical tensions in West Asia have led to rising petroleum prices in the international market, causing a notable increase in fuel and daily consumer goods prices in Nepal. Nepal Oil Corporation has repeatedly adjusted fuel prices from Chaitra 1 to Baisakh 2, raising petrol prices by NPR 62 and diesel prices by NPR 95. In the Kathmandu Valley, public transport fares have increased by 25.96 percent, with the minimum fare now reaching NPR 25. Additionally, prices of vegetables, fruits, and drinking water have also risen.

The geopolitical tensions in West Asia (Middle East) have directly impacted Nepal’s economy due to the increase in petroleum prices in the international market. Alongside fuel price hikes, there has been an increase in prices of daily essential food items, vegetables, drinking water, fruits, and transportation fares, adversely affecting the household budgets of average consumers. Nepal Oil Corporation has repeatedly adjusted fuel prices in line with international market conditions.

The rise in fuel prices has also directly affected transportation costs. The Department of Transport Management has adjusted fare rates for public vehicles and freight trucks. The increased transportation costs add extra burden to the production and distribution expenses of all goods, thereby exerting additional pressure on consumer prices. Since farmers are not receiving adequate prices for their produce, consumers are forced to pay higher prices, leading to doubts about the effectiveness of government market monitoring.

According to data from the Nepal Retail Trade Association, the price of Taichin rice flakes, which was NPR 160 per kilogram last year, has increased by NPR 30 this year to NPR 190. In the edible oil sector, sunflower oil rose by NPR 40 from NPR 255 per liter last year to NPR 295 this year, while crude mustard oil increased by NPR 50 from NPR 325 per liter last year to NPR 375 this year.

There has also been a significant increase in transportation fares. Effective from Chaitra 28, 2082 BS, public transportation fares within the Kathmandu Valley have increased by 25.96 percent. According to the Department of Transport Management, this increase applies not only to urban areas but also to long-distance and freight transport services.