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Jony Ive’s first AI gadget from OpenAI won’t be a wearable.

Kathmandu. We know what OpenAI and Jony Ive’s first artificial intelligence product won’t be because of a related trademark lawsuit. Leaders of IO, the consumer hardware company that OpenAI just purchased for $6.5 billion from Jony Ive’s design studio, stated in court documents this month that their first planned product will not be a “wearable” […]

Why did the High Court rule in favor of Raju Pandey?

4 Ashad, Kathmandu. The Patan High Court has issued an interim order in the name of Kathmandu Metropolitan City not to suspend Municipal Police Chief Rajunath Pandey. The High Court’s order, issued after hearing both sides, will continue to be implemented until the writ petition is resolved. Following the High Court’s order, Municipal Police Chief […]

Provincial MP Deepak Manange relieved of his post

4 Ashad, Kathmandu. Provincial MP Rajiv Gurung (Deepak Manange), who was found guilty of attempted murder by stabbing, has been relieved of his post. The Constitutional Bench of the Supreme Court has ruled that he was disqualified from even being a candidate and became an MP by falsifying his details. The Constitutional Bench of the […]

Licenses granted to 872 industrial establishments

Janakpurdham. The Quality and Metrology Office located here has provided new measuring instruments and licenses to 881 commercial and industrial establishments in the 10 months of the current fiscal year. Action has been taken against 1,872 businessmen who used weighing and measuring devices without obtaining a license. They had used scales and ‘digital’ weighing devices […]

The government of India has given Sutlej 50 million to invest in Lower Arun, Nepal.

Kathmandu. The Government of India has given permission to Sutlej Jalvidyut Nigam (SJVN) Company to invest more than 50 million Indian rupees in the Lower Arun Hydroelectric Project of Nepal. Sutlej Jalvidyut Nigam itself has informed us that the Union Cabinet meeting of India has given permission to invest 5 crore, 792 Indian rupees. The […]

Agricultural Development Bank’s leap: 233% jump in EPS, dividend capacity increased to 17.37%

Kathmandu. The Agricultural Development Bank has made encouraging progress in important financial indicators in the financial year 2080–81 BS. Despite the adverse times, the bank made significant progress in business expansion compared to the average growth of the industry and had a dividend capacity of 17.37 percent for the review period. This is very good […]

Film producer Suman Rai opens the third showroom of Anugrah in the UK

London. Suman Rai, the producer of the movie Gorkha Warrior and a social activist, has been in the jewelry business in the UK for a long time. Rai, who has been running the Anugrah Bullion (Jewellery) showroom, launched ‘Anugrah Bullion and Diamond’ as the third showroom on Monday. After the success of two showrooms in […]

Nifra also reduced the interest rate.

Kathmandu. Nepal Infrastructure Bank (NIFRA) has also reduced the interest rate given to depositors. The company announced through a public notice that the new interest rate has been set to be effective on Tuesday, January 30. Banks and financial institutions have reduced interest rates, as has Nifra. Now Nifra will give 8.5 percent interest to […]

Gold has increased by Rs. 300.

Kathmandu. Gold prices also increased on Tuesday. Compared to the previous day, the price of gold has increased by 300 rupees per tola, according to the Nepal Gold and Silver Traders Federation. According to the Federation, the price of gold, which was Rs 1 lakh 18 thousand 300 per tola till the previous day, reached […]

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