Kathmandu: Severe flooding in the Bhote Koshi and Trishuli rivers has damaged at least 19 bridges and damaged or destroyed around 40 kilometers of road infrastructure, according to preliminary reports from the Department of Roads. Sub-Director General and Spokesperson of the Department of Roads, Subharaj Neupane, confirmed that at least 19 bridges along the Trishuli River corridor have sustained varying degrees of damage so far. Preliminary assessments indicate that floodwaters have destroyed around 40 kilometers of road stretches and caused extensive soil erosion along several sections. To restore transportation along the affected road corridors, the Department of Roads has deployed...

MYAGDI — Annapurna Rural Municipality has formally approved a series of commemorative projects to honor the legacy of world-renowned Nepali mountaineer Nirmal Purja (popularly known as "Nimsdai"), who was killed in an avalanche on Pakistan's Broad Peak on July 30. During an executive meeting on Tuesday, the municipal leadership passed proposals to build a life-size statue, establish a dedicated museum, and seek official name changes for key geographic landmarks in his home region. Key Commemorative Initiatives Statue & Memorial Museum: The municipality plans to erect a life-size statue of Purja—with Annapurna Base Camp under consideration as a primary site—and establish...

RASUWA — A massive flash flood tore through the Bhotekoshi and Trishuli river corridors on Wednesday morning, causing widespread devastation across settlements, critical infrastructure, and vital transit routes in Rasuwa district. The sudden deluge struck around 8:00 AM despite no rainfall being recorded at the district headquarters, leading local authorities to suspect a Glacial Lake Outburst Flood (GLOF) originating upstream in Tibet. Key Developments & Impact: Settlements Affected & Evacuation Alerts: The floodwaters battered settlements including Timure, Syafrubesi, and the historic town of Betrawati. High-alert evacuation warnings have been issued across five downstream districts—Rasuwa, Nuwakot, Dhading, Gorkha, and Chitwan (all...

KATHMANDU — Although Nepal’s total public debt saw a marginal decline in the first month of the current fiscal year, fiscal pressure on the government remains high as debt servicing obligations continue to surge. According to data released by the Public Debt Management Office (PDMO), the country’s total public debt decreased by Rs 5.03 billion during the month of Shrawan, settling at Rs 2,976.33 billion (Rs 29.76 trillion). The total outstanding debt stood at Rs 2,981.68 billion at the beginning of the fiscal year. Officials attributed this slight drop primarily to favorable foreign currency exchange rate fluctuations alongside principal repayments....