REPUBLICA

Majority of the companies in hotels and tourism groups listed in the Nepal Stock Exchange (NEPSE) earned notable profits as of the second half of the current Fiscal Year (FY), thanks to the rebound in the country’s tourism business.

Nepal Stock Exchange (NEPSE) last week declined 21.34 points after the banks hinted at increasing interest rates citing an increased demand for loans.

The condition of Nepal Army Major General Chok Bahadur Dhakal, who was injured when Lebanese protesters set ablaze vehicles belonging to Nepali UN peacekeepers near Beirut International Airport on Friday night, is stable.  

NRM announced that the best ideas presented through videos from across the country will be rewarded. The participants were also informed about how to make videos for the program.  

As per the notice, only 28.53 percent of the estimated internal revenue had been collected by the end of Magh (mid-January to mid-February) while only 13.24 percent of the third installment of the federal government’s fiscal equalization grant is expected to be received.

In a previous ruling on the Prime Bank case in 2018, a division bench of Justices Anand Mohan Bhattarai and Hari Prasad Phuyal ruled that the Labor Act is applicable to the banking industry.

On the occasion, Srivastava urged the minister to facilitate expediting the projects run with Indian investment. He showed India's readiness and continuous support to cooperate with Nepal for the latter's initiative in power trade, development of transmission line, and production of green hydrogen.

Joshi was arrested on Thursday for reportedly assaulting police on-duty personnel stationed at Amrit Marg, Thamel. Following the arrest, the District Police Range Kathmandu was granted permission to keep Joshi in custody for an additional week to continue the investigation.

Subash Bhatta, Deputy Superintendent of Police (DSP) and spokesperson for the District Police Office (DPO), Parsa said that a police team dispatched from the office conducted an inspection of hotels operating in the area of Birgunj Metropolitan City-15, Parsa District and arrested the duo on Friday.

With the approval granted on Friday, the company will issue 1.6 million shares worth Rs 160 million, representing 20 percent of its paid-up capital. The shares will be issued at a face value of Rs 100 per share.