Usha Rai death case: Three remanded into custody, one granted bail

Published On: December 29, 2022 04:00 PM NPT By: Rohit Rai

DHARAN, Dec 29: The District Court, Sunsari, has ordered three accused in the Usha Rai case be sent to jail for preliminary investigation and one of the accused be released after paying a bail of Rs 100,000.

NRB to issue repo worth Rs 50 billion

Published On: December 29, 2022 02:35 PM NPT By: Republica

KATHMANDU, Dec 29: Nepal Rastra Bank (NRB) is to issue a repo worth Rs 50 billion for managing liquidity in banks and financial institutions (BFIs).

Test supply of Melamchi water conducted on 532 kms pipeline

Published On: December 29, 2022 02:05 PM NPT By: Republica

KATHMANDU, Dec 29: The test supply of water has been conducted along the 532 kilometers pipelines, out of 1,010 kilometers connectivity, developed by the Kathmandu Upatyaka Khanepani Limited Project Implementation Directorate for the distribution of water collected from the Melamchi River in Sindhupalchowk district.

Gold price decreases by Rs 200 per tola

Published On: December 29, 2022 01:09 PM NPT By: Republica

KATHMANDU, Dec 29: The price of gold has decreased by Rs 200 per tola in the domestic market today.

KATHMANDU, Dec 29: The Central Revenue Leakage Control Committee (CRLCC) has directed the bodies concerned to put maximum efforts to control revenue leakage.

Prime Minister Dahal's landlord stalled the Melamchi pipeline

Published On: December 29, 2022 08:45 AM NPT By: Himal Lamsal

KATHMANDU, Dec 29: The Saleung-CIPEL JV, which was awarded the contract below the estimated cost under the guise of authority and power, has stalled the construction of the pipeline and overhead tank in Melamchi. Shailung got the contract to build a 160 km pipeline and overhead tank of the Melamchi project in a JV with Indian company CIPEL at a cost of 1.41 billion rupees. The deadline extended for the second time by the Kathmandu Utpatya KhanepaniLimited (KUKL) Project Implementation Directorate (PDI) has also expired in August 2022.

KATHMANDU, Dec 29: The much hyped Gautam Buddha International Airport (GBIA) seems likely to go out of business as the few airline companies operating flights to and from the country’s second international airport plan to suspend flights citing a low turnout of passengers.

Private sector withdraws protests after government assurance

Published On: December 28, 2022 07:58 PM NPT By: Republica

KATHMANDU, Dec 28: The private sector stakeholders, who had been protesting against the government and Nepal Rastra Bank (NRB) for the past one month, have withdrawn their protests after the government pledged to address their demands.

KATHMANDU, Dec 28: Nepal Stock Exchange (Nepse) on Wednesday declined 11.81 points, after the investors rushed to book profit that they earned from the past two days when the market rose by 116 points in total.

POKHARA, Dec 28: The Civil Aviation Authority of Nepal (CAAN) has decided to ban paragliding from Sarangkot starting from January 1 after the Pokhara Regional International Airport comes into operation. Paragliding, which is one of the major attractions of Pokhara, will be allowed only from Mandredhunga, which lies about 5 km west of Sarangkot.