KATHMANDU, July 31: The government has collected revenue worth Rs 26.46 billion in the first two weeks of the current fiscal year.

KATHMANDU, July 31: The Kathmandu-Terai/Madhes Expressway has achieved only 16.10 percent of the overall physical progress of the construction works.

Nepse ends week higher as majority of indices see gains

Published On: July 30, 2021 06:53 PM NPT By: Republica

KATHMANDU, July 30: The Nepal Stock Exchange opened the week on a strong note as the index saw a gain of more than 54 points on Sunday. After a modest correction of 8 points on Monday, stocks stretched its gaining momentum. On Tuesday, Nepse added 29 points followed by a gain of 15 points on Wednesday. The last trading day of the week saw minor selling pressure with the index ending around 15 points lower. Subsequently, Nepse ended the week 2.51% or 75.49 points higher at 3,004.33.

NTA calls off proposal to procure own satellite

Published On: July 30, 2021 04:04 PM NPT By: Republica

KATHMANDU, July 30: Nepal Telecommunication Authority (NTA) has canceled the process to procure its own satellite. Issuing a notice today, the NTA stated that the proposal for a satellite has been canceled and that priority has been given to new plans.

KATHMANDU, July 30: The Kuwaiti flag, which was hoisted on Mt Amadablam without permission, has been secretly returned to Kuwait. The flag, which was kept at the International Mountain Museum in Pokhara, was sent back to Kuwait in May. The Ministry of Culture, Tourism and Civil Aviation had confiscated the flag that was hoisted on Mt Amadablam without permission.

SUV ŠKODA KUSHAQ launched in Nepal

Published On: July 30, 2021 10:15 AM NPT By: Republica

KATHMANDU, July 30: MAW Enterprises Pvt. Ltd., the authorized importer of Skoda vehicles in Nepal, has commenced delivery of SUV ŠKODA KUSHAQ in Nepal.

KATHMANDU, July 30: About 50 percent of the bottled water being sold in the domestic market has been found to be contaminated and unfit for consumption, according to a report by a government body.

Nepse ends the week on red

Published On: July 29, 2021 07:38 PM NPT By: Republica

KATHMANDU, July 29: The stock market opened above the 3100 mark in the pre-opening session on Thursday. However, the market pulled back immediately to trade in the red zone. Thereafter, the benchmark index managed to recoup its earlier losses within the first hours of trading. But the market continued to trade in the negative territory for the most of the session. At the end, Nepse was down by 15.13 points at 3079.82.

KATHMANDU, July 29: The Ministry of Finance (MoF) has asked the Securities Board of Nepal (Sebon) for clarification over the board’s officials’ alliance to acquire shares of a listed company.

KATHMANDU, July 29: The Sugarcane farmers of Sarlahi have once again staged a protest in Kathmandu after the sugar factories failed to clear their dues.