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NOC incurs loss of Rs 47 billion in 10 months
Published On: May 23, 2022 07:00 PM NPT By: Republica
KATHMANDU, May 23: Nepal Oil Corporation (NOC) incurred a loss of Rs 47 billion in the last 10 months. The corporation reports that the loss has been caused by the persistent rise in the price of petroleum products in the international market.
“By increasing petroleum prices, the govt has failed to give the impression of being a govt”
Published On: May 23, 2022 06:30 PM NPT By: Republica
KATHMANDU, May 23: National Assembly member Bhairav Sundar Shrestha has said that the government has failed to give the impression of being a government by increasing the price of petroleum products.
Nepse drops 34.21 points to close at the border of 2,200 points on Monday
Published On: May 23, 2022 05:44 PM NPT By: Republica
KATHMANDU, May 23: Nepal Stock Exchange (Nepse) on Monday plunged 34.21 points to close at 2,200.88 points amid deteriorating economic performance of the country in recent days.
Jazeera Airways aircraft grounded after suspected bird strike
Published On: May 23, 2022 04:21 PM NPT By: Republica
KATHMANDU, May 23: A bird strike is suspected to have led to the grounding of an aircraft of Jazeera Airways that met with a disturbance while landing at the Gautam Buddha International Airport early Monday morning.
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Hari Bansha Acharya appointed as brand ambassador of BYD Nepal
Published On: May 23, 2022 03:00 PM NPT By: Republica
KATHMANDU, May 23: Cimex Inc Pvt Ltd, the authorized distributor of KATHMANDU, May 23: Cimex Inc Pvt Ltd, the authorized distributor of BYD Auto Industry Co Ltd, in Nepal, has appointed actor and comedian Hari Bansha Acharya as its brand ambassador. Co Ltd, in Nepal, has appointed actor and comedian Hari Bansha Acharya as its brand ambassador.
The country's economy is not positive at present: Industry Minister
Published On: May 23, 2022 02:55 PM NPT By: Republica
KATHMANDU, May 23: Minister for Industry, Commerce and Supplies Dilendra Prasad Badu has said that the country's economy is not positive at present.
Knowledge Park to be built in Khumaltar at a cost of Rs 1 billion
Published On: May 23, 2022 02:30 PM NPT By: Republica
KATHMANDU, May 23: The Ministry of Communications and Information Technology has proposed a plan to build a ‘knowledge park’ at Khumaltar in Lalitpur in the budget and policies and programs for the coming fiscal year 2022/23. The ministry has demanded a budget of one billion rupees to build an ultramodern knowledge park on a piece of land belonging to Radio Nepal in Khumaltar.
Only one-third of capital expenditure made in first 10 months of current FY
Published On: May 23, 2022 07:15 AM NPT By: Republica
KATHMANDU, May 23: The government has utilized only one-third of the allocated budget under capital expenditure while the end of the current fiscal year is only two months away.
NOC hikes prices of LPG gas cylinder by Rs 200 and petrol, diesel and kerosene by Rs 10 per liter
Published On: May 22, 2022 09:53 PM NPT By: Republica
KATHMANDU, May 22: The government has hiked the prices of LPG gas cylinder by Rs 200 each cylinder and petroleum products by Rs 10 per liter.
Govt may announce budget of Rs 1.723 trillion for 2022/23
Published On: May 22, 2022 07:05 PM NPT By: Republica
KATHMANDU, May 22: The government is likely to announce an annual budget of Rs 1.723 trillion for the next fiscal year 2022/23, an increase in expenditure by Rs 100 billion.
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