Economy

AI Company Anthropic Prepares for IPO, Potential $1 Trillion Valuation

California. American artificial intelligence (AI) company Anthropic is preparing for an initial public offering (IPO) on Monday. The company has announced that it has secretly started the registration process with...

Nepal Rastra Bank Sets Foreign Exchange Rates

Nepal Rastra Bank Sets Foreign Exchange Rates

Kathmandu. Nepal Rastra Bank has determined the foreign exchange rate for today (Wednesday). Accordingly, the purchase rate for one US dollar has been set at 152 rupees 13 paisa and...
India Provides Advanced Coffee Seeds to Nepal

India Provides Advanced Coffee Seeds to Nepal

Kathmandu. For the first time, coffee seeds have been imported to take the Nepali coffee sector out of its traditional confines.  Coffee cultivation, which began about 9 decades ago in 2052...
Government Slashes Budget for National Pride Projects

Government Slashes Budget for National Pride Projects

Kathmandu. The government has made extensive cuts to the budget for national pride and strategic infrastructure projects for the upcoming fiscal year (2083/084).A comparative analysis of the annual budget allocation...
Government Inaction on Pre-IPO Share Scam Criticized

Government Inaction on Pre-IPO Share Scam Criticized

Kathmandu. More than two months have passed since the government was formed under the leadership of Balendra Shah (Balen). During this period, the government has ventured into various sectors.In some...