• About us
  • Team
  • Privacy Policy
  • Contact
Wednesday, October 14, 2026
  • Login
No Result
View All Result
World's first weekly chronicle of development news
  • Blitz Highlights
    • Special
    • Spotlight
    • Insight
    • Entertainment
    • Sports
  • Opinion
  • Legal
  • Perspective
  • Nation
    • East
    • West
    • North
    • South
  • Business & Economy
  • World
  • Hindi Edition
  • International Editions
    • Dubai
    • Tanzania
    • United Kingdom
    • USA
  • Blitz India Business
  • Blitz Highlights
    • Special
    • Spotlight
    • Insight
    • Entertainment
    • Sports
  • Opinion
  • Legal
  • Perspective
  • Nation
    • East
    • West
    • North
    • South
  • Business & Economy
  • World
  • Hindi Edition
  • International Editions
    • Dubai
    • Tanzania
    • United Kingdom
    • USA
  • Blitz India Business
No Result
View All Result
World's first weekly chronicle of development news
No Result
View All Result

NEPAL IN CHAOS

Gen-Z protests turn violent; PM resigns; Army appeals for peace

by Blitz India Media
September 12, 2025
in world
0
NEPAL IN CHAOS
Blitz Bureau

NEW DELHI: FACED with the intense pressure from Gen-Z protests that resulted in the death of 19 people, Nepal’s Prime Minister KP Sharma Oli resigned from his post on September 9.

Oli submitted his resignation letter to President Ram Chandra Poudel, citing the abnormal situation in the country as protests intensified against his rule throughout the country.

In the resignation letter, Oli said he resigned from the post as per article 77 (1) of the constitution to pave the way for constitutional resolution of the current situation.

Amid the unrest, the Nepal Army and senior security officials issued joint appeals urging restraint and dialogue as the only way to restore stability. The Army pledged to protect the country’s independence, sovereignty, and citizens’ lives and property.

The ruling coalition appeared to have fractured one after another with ministers particularly belonging to Nepali Congress resigning and putting further pressure on the government to quit. General Secretaries of ruling Nepali Congress, Gagan Thapa and Bishwo Prakash Sharma had earlier urged Prime Minister Oli to resign and pave the way forward.

It is not immediately clear what course Nepal’s politics would take now as all the lawmakers from the fourth largest party Rastriya Swatantra Party also resigned demanding an interim government.

Enraged by the killing of so many people during the first day of the protests organised by the Gen-Z demanding accountability for corruption and social media ban, protesters throughout the country started to attack houses of leaders and government buildings. On September 9, the protesters stormed into the parliament building at Baneshwor in Kathmandu and set the building on fire.

They also entered the Singh Durbar, the main administrative centre of the Nepal government and torched the main gate.

The party headquarters of the ruling Communist Party of Nepal (Unified Marxist Leninist) or CPN (UML) and Nepali Congress in the Kathmandu Valley were also defaced and set on fire.

Related Posts

Argentina raises Falklands issue
world

Argentina raises Falklands issue

October 3, 2026
Chinese Hybrid Cars
world

Steady inroads

October 3, 2026
Japan ICC Support
world

Japan backs ICC

October 3, 2026
Critical Minerals
world

Tapping mineral wealth

October 3, 2026
hormuz
world

Strait closure condemned

October 3, 2026
Strait of Hormuz
world

Stalemate continues

October 3, 2026
Load More
Next Post
UPI transactions

UPI transactions cross 20b-mark in August

Recent News

India Canada diplomatic ties
News

India News: Canada Ties, Ports, Minerals and Stubble Fires

by Blitz India Media
October 14, 2026
0

PM Modi to visit Canda in Dec as ties gather fresh momentum NEW DELHI, 14 October — Prime Minister Narendra...

Read moreDetails
Asian Champions Trophy 2026

Pathak returns as India names squad for Asian Champions Trophy

October 13, 2026
Electronics production grows seven-fold : MeitY

New Delhi, 13 October : India’s fintech sector raised $2.2 billion in the first nine months of 2026 (January 1, 2026–September 30, 2026), up 14 per cent from $1.9 billion in the same period a year earlier, a report said. The report from data intelligence platform Tracxn Technologies Limited said funding rounds dipped from 260 to 153, adding that the funding was concentrated in a smaller number of large late‑stage rounds, with five mega‑rounds of $100 million or more accounting for $1.1 billion or 48 per cent of total capital. The report said in the first nine months of 2026, digital lending and payments topped the category rankings, while Bengaluru accounts for over three-fifths of all capital raised. On the exit side, IPOs saw a 50 per cent uptick while overall acquisitions slowed. As many as 30 companies raised their first funding round, down 49 per cent from 59 in the previous year. Series A and later rounds totalled 77, down 31 per cent from 112. Late-stage funding (Series C+, PE, and pre-IPO) led the mix, rising 95 per cent to $1.5 billion in the first nine months of 2026 — up from $751 million during the same period in the previous year. This capital surge pushed late-stage investments to 67 per cent of total market funding, the report noted. Earlier stages experienced contractions in capital and deal counts. Early-stage funding fell 33 per cent to $668 million across 52 rounds, compared to $1 billion across 82 rounds in nine months of 2025. Seed funding fell 57 per cent to $73.8 million across 76 rounds, down from $173 million across 148 rounds. New unicorns crossed the billion-dollar threshold in an average of 7.1 years after their Series A funding. Moreover, the industry saw 3 IPOs in nine months of 2026, up 50 per cent from 2 in the previous year, alongside 11 acquisitions, down 45 per cent from 20.

October 13, 2026
Indian stock market

IBM and MeitY Startup Hub partner to support India’s deep-tech startups with AI, cloud, quantum computing and mentorship.

October 13, 2026
IBM

IBM, MeitY sign MoU to boost India’s deep-tech

October 13, 2026

Blitz Highlights

  • Special
  • Spotlight
  • Insight
  • Entertainment
  • Health

International Editions

  • US (New York)
  • UK (London)
  • Middle East (Dubai)
  • Tanzania (Africa)

Nation

  • East
  • West
  • South
  • North
  • Hindi Edition

E-paper

  • India
  • Hindi E-paper
  • Dubai E-Paper
  • USA E-Paper
  • UK-Epaper
  • Tanzania E-paper

Useful Links

  • About us
  • Team
  • Privacy Policy
  • Contact

©2024 Blitz India Media -Building A New Nation

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

    No Result
    View All Result
    • Blitz Highlights
      • Special
      • Spotlight
      • Insight
      • Entertainment
      • Sports
    • Opinion
    • Legal
    • Perspective
    • Nation
      • East
      • West
      • North
      • South
    • Business & Economy
    • World
    • Hindi Edition
    • International Editions
      • Dubai
      • Tanzania
      • United Kingdom
      • USA
    • Blitz India Business

    ©2024 Blitz India Media -Building A New Nation