KATHMANDU, Oct 9: The incessant rain of last week damaged two micro hydropower projects in Baglung district, disrupting electricity supply to around 10,000 households.

KATHMANDU, Oct 9: Nepal enjoyed a trade surplus with 21 countries in the first two months of the current fiscal year.

KATHMANDU, Oct 9: Nepal Stock Exchange (Nepse) on Sunday gained 44.62 points to close at 1,898.38 points.

US dollar becomes further stronger

Published On: October 9, 2022 04:00 PM NPT By: Republica

KATHMANDU, Oct 9: The value of the US dollar is gradually skyrocketing thus making the Nepali currency weaker.

Two power projects damaged due to continuous rainfall

Published On: October 9, 2022 01:38 PM NPT By: Republica

DHORPATAN, Oct 9: Thousands of people have been forced to live in darkness due to damage caused to two hydropower projects in Nisikhola Rural Municipality of Baglung. The hydropower projects in Nisikhola-4 and 5 were damaged due to floods and landslides triggered by continuous rainfall since the past few days.

KATHMANDU, Oct 8: Nepal Oil Corporation (NOC) has projected a profit of Rs 1.60 billion per month after a successive fall in the crude oil prices in the international market.

KATHMANDU, Oct 8: Nepal is facing a waste of 700-800 MW of the produced electricity on a daily basis due to a decline in the domestic consumption amid ongoing festivals.

WB estimates Nepali economy will grow by 5.1 percent in 2022/23

Published On: October 8, 2022 04:55 PM NPT By: Republica

KATHMANDU, Oct 8: The World Bank (WB) has estimated Nepal’s economic growth rate to reach 5.1 percent in the fiscal year 2022/23, which is way higher than the projection of 4.7 percent made by the Asian Development Bank.

Nepali Rupee plunges to a fresh low against US dollar

Published On: October 8, 2022 03:20 PM NPT By: Republica

KATHMANDU, Oct 8: The Nepali Rupee fell to a historic low against the US dollar with Nepal Rastra Bank (NRB) fixing the exchange rate at Rs 132.02 per dollar for Saturday.

POKHARA, Oct 6: Air service from Pokhara to all cities has been disrupted due to continuous rain. No flight from Pokhara has been able to take place for two days. The rain that started on Tuesday night in Pokhara has not stopped yet.