Ruling Coalition Collapses; New Govt to Include UML and RSP

Mar 04, 2024 10:32 AM Merolagani

The ruling coalition between Nepali Congress and Maoist Centre has collapsed.

 As per sources, a new government will be formed under Prime Minister Pushpa Kamal Dahal including Maoist Centre, UML, Rastra Swatantra Party, Rastriya Prajatantra Party and Jatana Samajbadi Party.

Surendra Pandey, UML’s vice-chairman writes in ‘X’ formerly Twitter "A new and small council of ministers will be formed for a time being today".

In a late-night meeting on Sunday, PM Dahal made an agreement with UML Chairman KP Sharma Oli, RSP leader Ravi Lamichhane and JSP Chairman Upendra Yadav to form a new government.

However, PM Dahal is also holding discussions with Nepali Congress President Sher Bahadur Deuba today.

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Commercial Banks Cut Interest Rates, Again

Jul 15, 2024 09:22 AM

Commercial banks have published new interest rates for the upcoming month of Shrawan. As per the published notices, the average interest rates of the banks have declined for the upcoming month as well