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NEPSE added 33.03 points, while investors gained Rs 52 billion from shares trading last week
Published On: May 4, 2024 05:25 PM NPT By: Republica
KATHMANDU, May 4: Nepal Stock Exchange (NEPSE) gained 33.03 points last week despite investors holding low confidence towards the country’s only share market.
Govt to take concessional loan of Rs 13.33 billion from World Bank
Published On: May 4, 2024 03:55 PM NPT By: Republica
KATHMANDU, May 4: The Government of Nepal is going to take concessional loan worth Rs 13.33 billion from the World Bank.
38.16 MW project proposal put forward at Gaindakot to generate electricity from Kali Gandaki river
Published On: May 4, 2024 12:55 PM NPT By: Republica
KATHMANDU, May 4: A proposal for the construction of a 38.16 megawatt Kalika Gandaki hydroelectric project has been put forth in Devghat, Tanahun, and the Gaindakot area of Nawalpur, utilizing water from the Kaligandaki River to generate electricity.
Govt reduces fiscal equalization grant by Rs 317.4 million in Makwanpur
Published On: May 3, 2024 06:12 PM NPT By: Republica
HETAUDA, May 3: The fiscal equalization grant (FEG) allocated for the local governments in Makwanpur for the fiscal year 2023/24 has been reduced.
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Flight operations again halted at PRIA on Friday
Published On: May 3, 2024 04:30 PM NPT By: Santosh Pokharel
POKHARA, May 3: Flight operations at the Pokhara Regional International Airport (PRIA) have been halted once again. Despite resuming on Thursday after a week-long interruption due to haze, flights were halted again on Friday.
Gold price decreases by Rs 1,100 per tola
Published On: May 3, 2024 11:46 AM NPT By: Republica
KATHMANDU, May 3: The price of gold has decreased by Rs 1,100 per tola in the domestic market on Friday.
Nepal will need an investment of Rs 6.1 trillion to produce 28,500 MW of electricity by 2035
Published On: May 3, 2024 08:05 AM NPT By: Hari Prasad Sharma
KATHMANDU, May 3: The government has set a target of producing about 28,500 megawatts of electricity in the country within the next decade. Sector experts have estimated that about Rs 6.1 trillion of capital is needed to produce electricity to meet this target.
Govt urges ISPs to settle outstanding tax liabilities amid internet service disruptions
Published On: May 2, 2024 10:45 PM NPT By: Republica
KATHMANDU, May 2: Amid Internet Service Providers (ISPs) in the country trading blame to the government for the internet service disruption, the Ministry of Communication and Information Technology (MoCIT) has clarified that ISPs are solely to be blamed for the disruption as they have failed to settle the dues of legally mandated tax amount.
Nepal faces severe disruptions in internet service after ISPs fail to pay the Indian vendor
Published On: May 2, 2024 09:53 PM NPT By: RAJESH KHANAL
With controversies surrounding royalty payments for non-telecommunication services by ISPs, the government is refusing to release necessary foreign exchange to them.
NEPSE loses 7.31 points, daily turnover slides down to Rs 4.13 billion
Published On: May 2, 2024 07:32 PM NPT By: Republica
KATHMANDU, May 2: Nepal Stock Exchange (NEPSE) on Thursday declined by 7.31 points to close at 1,998.96 points.
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