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Russia-Ukraine war has added challenges to economy: Governor Adhikari
Published On: June 30, 2022 01:11 PM NPT By: Republica
KATHMANDU, June 30: Governor of Nepal Rastra Bank, Maha Prasad Adhikari has said that the impact of the Russia-Ukraine war after the COVID-19 pandemic has added challenges to the country's economy.
Gold price decreases by Rs 300 per tola
Published On: June 30, 2022 01:06 PM NPT By: Republica
KATHMANDU, JUNE 30: The price of fine gold decreased by Rs 300 per tola today to settle at Rs 97,500 per tola. On Wednesday, gold was traded at Rs 97,800 per tola.
Depositors to receive up to 10 times the deposit amount in ‘NIC Asia Best 10 Times Term Plan'
Published On: June 30, 2022 01:05 PM NPT By: Republica
KATHMANDU, June 30: NIC Asia Bank has unveiled its latest scheme, ‘NIC Asia Best 10 Times Term Plan’ with the highest interest rate of 10 times the return on deposits starting from June 26, 2022.
Full text of SC verdict on Nijgadh Int'l Airport made public; two justices differ
Published On: June 30, 2022 12:06 PM NPT By: Republica
KATHMANDU, June 30: The Supreme Court has made public the full text of the verdict it had announced earlier over a case involving the proposed construction of Nijgadh International Airport on Wednesday.
Lumbini Province Assembly passes budget
Published On: June 30, 2022 09:59 AM NPT By: Republica
LUMBINI, June 30: The Lumbini Province Assembly has passed the budget for the fiscal year, 2079/80 with majority votes on Wednesday. Speaker Purna Bahadur Gharti had presented the budget seeking its passage.
NRB gives Nabil Bank final approval to acquire Nepal Bangladesh Bank
Published On: June 30, 2022 06:25 AM NPT By: Republica
KATHMANDU, June 30: Nepal Rastra Bank (NRB) has given its final approval to Nabil Bank to acquire Nepal Bangladesh Bank (NBB) amid ongoing uncertainty for the unification of two banks.
Pokhara Regional Int’l Airport: Road to cross Ritthepani hill opened, landfill site not finalized
Published On: June 29, 2022 07:57 PM NPT By: Santosh Pokharel
POKHARA, JUNE 29: The road to cross the Ritthepani hill that falls on the eastern side of the approach of the Pokhara Regional International Airport, whose physical infrastructure is in the final stages of construction, has been opened. The Civil Aviation Authority of Nepal (CAAN), the regulatory body for the airspace, and the Forest Department reached an agreement only on Tuesday to cut down the hill and the trees there.
SC orders not to implement decision to reduce demarcation standards of Pokhara lakes
Published On: June 29, 2022 07:45 PM NPT By: SANDESH SHRESTHA
POKHARA, June 29: The Supreme Court (SC) has ordered the Pokhara Metropolitan City (PMC) not to immediately implement the decision to reduce the demarcation standards of the lakes in Pokhara, including Phewa Tal. The SC has issued an interim order not to immediately implement the decision of the PMC to reduce the standards.
WB approves financing USD 275 million to Nepal to upgrade Butwal—Gorusinghe—Chanauta road
Published On: June 29, 2022 07:25 PM NPT By: Republica
KATHMANDU, June 29: The World Bank (WB) on Wednesday approved funding of US $275 million to Nepal to upgrade the 69 km two-lane section of Butwal—Gorusinghe—Chanauta road along the East-West Highway.
Dollar hits all-time high
Published On: June 29, 2022 05:44 PM NPT By: Republica
KATHMANDU, June 29: The value of the US dollar has hit an all-time high in Nepal. According to Nepal Rastra Bank, Nepalis have to pay at least Rs 126.34 to buy one US dollar as per the exchange rate determined by the country’s central bank on Wednesday.
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