Nepal police fire teargas to break up fuel price protests
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard

Friday
August 19, 2022

Sign In
Subscribe
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
FRIDAY, AUGUST 19, 2022
Nepal police fire teargas to break up fuel price protests

South Asia

Reuters
21 June, 2022, 09:20 am
Last modified: 21 June, 2022, 09:22 am

Related News

  • China, Nepal agree on building a trans-Himalayan network
  • Nepal battles 'Twindemic' as swine flu wreaks havoc amid rising Covid cases
  • PM offers Nepal use Mongla, Chattogram seaports
  • China foreign ministry: S Korea and Nepal foreign ministers to visit China
  • Nepal calls November election as economy stumbles

Nepal police fire teargas to break up fuel price protests

Reuters
21 June, 2022, 09:20 am
Last modified: 21 June, 2022, 09:22 am
Police personnel tries to stop the students affiliated with the main opposition party as they take out a torch rally during a protest against the rise in fuel prices in Kathmandu, Nepal June 20, 2022. REUTERS/Navesh Chitrakar
Police personnel tries to stop the students affiliated with the main opposition party as they take out a torch rally during a protest against the rise in fuel prices in Kathmandu, Nepal June 20, 2022. REUTERS/Navesh Chitrakar

Police in Nepal's capital fired teargas and charged at protesters with sticks on Monday to break up a demonstration by students against fuel price hikes, officials and witnesses said, in a sign of growing public discontent over rising inflation.

State-owned monopoly Nepal Oil Corporation (NOC) on Monday raised the price of one litre of petrol and diesel by 12% and 16% respectively, prompting fears of broader price hikes.

Around 100 protesters from the All Nepal National Free Student Union (ANNFSU), the student wing of the main opposition Nepal Communist Party (Unified Marxist-Leninist) clashed with police after they were stopped from rallying in Kathmandu.

Students affiliated with the main opposition party hurl stones towards the police personnel as they clash during a protest against the rise in fuel prices in Kathmandu, Nepal June 20, 2022. REUTERS/Navesh Chitrakar
Students affiliated with the main opposition party hurl stones towards the police personnel as they clash during a protest against the rise in fuel prices in Kathmandu, Nepal June 20, 2022. REUTERS/Navesh Chitrakar

"This is an act of the government's sheer irresponsibility," Girish Thagunna, a protester, told Reuters, referring to the price hike. "This is wrong and should be withdrawn immediately."

Dinesh Mainali, a police official, said protesters threw stones and damaged a police vehicle but that there were no injuries or arrests.

Fares for public transport and goods vehicles had been increased by up to 7.7% following the fuel price increase, local authorities said.

A police personnel hurls back a tear gas towards the students affiliated with the main opposition party during a protest against the rise in fuel prices in Kathmandu, Nepal June 20, 2022. REUTERS/Navesh Chitrakar
A police personnel hurls back a tear gas towards the students affiliated with the main opposition party during a protest against the rise in fuel prices in Kathmandu, Nepal June 20, 2022. REUTERS/Navesh Chitrakar

Nepal's 29 million people are facing a surge in food and energy prices, raising the risk of social unrest. Annual retail inflation accelerated to a six-year high of 7.87% in mid-May.

Supplies Minister Dilendra Prasad Badu told a parliamentary committee on Monday that the hike was necessary because of an increase in global oil prices and to help the loss-making NOC to pay for imports.

World+Biz

Nepal / Nepal Crisis / Nepal protest

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Illustration: TBS
    China-Bangladesh currency clearance agreement can increase trade by 'an unimaginable scale': Li Jiming, Ambassador of China
  • File Photo: Mumit M/TBS
    Load shedding, price hikes put SMEs on survival fight yet again
  • Photo: Pixabay
    Bangladesh to allow yarn import through 4 more land ports

MOST VIEWED

  • FILE PHOTO: Sri Lanka's Prime Minister Ranil Wickremesinghe gestures as he speaks during an interview with Reuters at his office in Colombo, Sri Lanka, May 24, 2022. REUTERS/Adnan Abidi/File Photo
    Crisis-hit Sri Lanka to ask Japan to open talks with main creditors, says Wickremesinghe
  • People, including farmers, queue up outside a fuel station, amid the country's worst economic crisis, in Kilinochchi district, Sri Lanka July 28, 2022. REUTERS/ Devjyot Ghoshal
    Sri Lanka c.bank holds rates, governor cautiously optimistic on economy
  • General view of Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah/File Photo
    India eases Russian oil buying in July, boosts Saudi imports
  • Around 40,000 Rohingya refugees are estimated to have fled to India from neighboring Myanmar. Photo: Bloomberg.
    India backtracks on support for Rohingya refugees, will deport them
  • People stand in a long queue to buy kerosene oil for kerosene cookers amid a shortage of domestic gas due to country's economic crisis, at a fuel station in Colombo, Sri Lanka March 21, 2022. REUTERS/Dinuka Liyanawatte
    Sri Lanka central bank holds rates steady; expects inflation to ease
  • Photo: Collected
    Trial cargo run from Kolkata to India's northeast via Bangladesh successful

Related News

  • China, Nepal agree on building a trans-Himalayan network
  • Nepal battles 'Twindemic' as swine flu wreaks havoc amid rising Covid cases
  • PM offers Nepal use Mongla, Chattogram seaports
  • China foreign ministry: S Korea and Nepal foreign ministers to visit China
  • Nepal calls November election as economy stumbles

Features

Illustration: TBS

China-Bangladesh currency clearance agreement can increase trade by 'an unimaginable scale': Li Jiming, Ambassador of China

2h | Interviews
Postcrossing (which connects people through its website) is a system built for postcard enthusiasts, where anyone can sign up and create an account for free. Photo: Noor A Alam

Postcrossers: Reviving a lost art with strangers and postcards

1h | Panorama
We will be facing massive, recurring challenges in the coming years no matter what. Photo: Reuters

Holes in the recession story

1d | Panorama
Illustration: Bloomberg

What nonmonogamy can teach moonlighters and job jugglers

23h | Pursuit

More Videos from TBS

134-year-old traditional sandwich of New York

134-year-old traditional sandwich of New York

7m | Videos
How economic journalism touches lives

How economic journalism touches lives

3h | Videos
City dwellers fed up with unbearable heat

City dwellers fed up with unbearable heat

3h | Videos
Love, marriage, trolls, and an unusual death

Love, marriage, trolls, and an unusual death

14h | Videos

Most Read

1
From left Afzal Karim, Murshedul Kabir and Mohammad Jahangir
Banking

Sonali, Agrani and Rupali banks get new MDs

2
Russia now offers Bangladesh finished oil
Energy

Russia now offers Bangladesh finished oil

3
Photo: TBS
Bangladesh

5 crushed to death as BRT girder falls on car in Uttara

4
Photo: Collected
Economy

Bangladesh is not in a crisis situation: IMF

5
Dollar price drops by Tk8 in kerb market
Economy

Dollar price drops by Tk8 in kerb market

6
Eight more banks make unusual gains from forex dealings
Banking

Eight more banks make unusual gains from forex dealings

EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2022
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]