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Karnali Province’s GDP to grow marginally by Rs 22 billion to Rs 198 billion this year
Published On: May 6, 2022 06:30 AM NPT By: Republica
KATHMANDU, May 6: Bagmati Province, which also has the federal capital of the country, is estimated to contribute over one-third to the country’s gross domestic product (GDP) while the contribution of Karnali Province to the national GDP will stand below five percent in the current fiscal year.
KAICAIID hosting first ever event in Nepal
Published On: May 5, 2022 06:17 PM NPT By: Republica
KATHMANDU, May 5: International Dialogue Center (KAICIID) is hosting the International Fellows Program from May 6 to May 12 in Kathmandu to learn about interreligious dialogue, conflict prevention, and promotion of social cohesion. It is the first event ever hosted by the International Dialogue Center (KAICIID) in Nepal.
WB allocates $ 23 million from Youth Employment Project to help COVID-hit unemployed poor
Published On: May 5, 2022 06:12 PM NPT By: Republica
KATHMANDU, May 5: The World Bank (WB) is funding USD 23 million to scale up direct support to the unemployed poor impacted by the COVID-19 pandemic.
Nepse nosedives 37.06 points to close at 2,238.62 points
Published On: May 5, 2022 04:45 PM NPT By: Republica
KATHMANDU, May 5: Nepal Stock Exchange (Nepse) nosedived by 37.06 points to close at 2,238.62 points on Thursday due to depleting confidence of investors with a possible rise in the banks’ interest rate amid worsening liquidity crisis.
US to provide Rs 79.71 billion to Nepal for its graduation to a middle-income country
Published On: May 5, 2022 03:15 PM NPT By: Republica
KATHMANDU, May 5: The United States has agreed to provide Rs 79.71 billion ($659 million) in grant assistance to Nepal to support its graduation to a middle-income country from a least developed country.
Gold price up by Rs 1,400 per tola
Published On: May 5, 2022 01:35 PM NPT By: Republica
KATHMANDU, May 5: The price of gold increased by Rs 1,400 per tola on Thursday.
Upper Solu Hydroelectric Company’s IPO opens
Published On: May 5, 2022 01:00 PM NPT By: Republica
KATHMANDU, May 5: Upper Solu Hydro Electric Company Limited has opened its Initial Public Offering (IPO) issuance from Thursday. The company has issued IPOs for the locals of the project affected areas in the first phase.
WB providing USD 150 million to Nepal to strengthen financial sector stability
Published On: May 4, 2022 06:31 PM NPT By: Republica
KATHMANDU, May 4: The government on Wednesday signed an agreement with the World Bank (WB) to get a loan of USD 150 million to strengthen financial sector stability, diversify financial solutions, and increase access to financial services in Nepal.
Over 3,500 projects affected as construction entrepreneurs mark 10th day of strike
Published On: May 4, 2022 05:32 PM NPT By: Republica
KATHMANDU, May 4: It has been 10 days since the construction entrepreneurs stopped the work of development projects. The entrepreneurs have stopped the construction work with various demands due to the recent rise in the prices of construction materials. The strike has affected over 3,500 construction projects across the country.
Nepse sheds double digit points and falls below 2,300 points on Wednesday
Published On: May 4, 2022 05:30 PM NPT By: Republica
KATHMANDU, May 4: Nepal Stock Exchange (Nepse) on Wednesday lost 31.76 points to close at below 2,300 points.
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