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National pride projects made little to no progress in first half of current FY
Published On: February 11, 2022 01:20 PM NPT By: Himal Lamsal
KATHMANDU, Feb 11: The projects declared as national pride could not spend their budgets effectively, to say the least, according to the half-yearly evaluation and review report of the budget for the current fiscal year 2021\/2022 released by the Ministry of Finance on Thursday.
Systemic reforms necessary for increasing remittance: Labor Minister
Published On: February 11, 2022 12:13 PM NPT By: Republica
KATHMANDU, Feb 11: Minister for Labor, Employment and Social Security, Krishna Kumar Shrestha has said that the government is committed to making foreign employment safe and more fruitful.
EC seeks an additional Rs 40 billion to conduct local level election: Minister Sharma
Published On: February 11, 2022 10:56 AM NPT By: Republica
KATHMANDU, Feb 11: Although the government has already allocated Rs 10 billion in the current budget for the election, the Election Commission has sought an additional Rs 40 billion to conduct the upcoming local level election. Information to this was shared by the Finance Minister during a program organized to unveil the bi-annual report of the current budget.
NRB extends cash margin provision to import of additional goods under 27 harmonic codes
Published On: February 11, 2022 07:15 AM NPT By: Republica
KATHMANDU, Feb 11: Nepal Rastra Bank (NRB), has asked importers to deposit hard cash in advance to import additional goods that fall in the list of additional 27 harmonic codes.
Govt reduces annual expenditure target by Rs 86.55 billion to Rs 1.546 trillion
Published On: February 10, 2022 07:45 PM NPT By: Republica
Blames unsatisfactory utilization of capital expenditure on the late implementation of budget this year
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Jagdamba Motors announces New Valentine’s Day campaign on TVS scooters
Published On: February 10, 2022 06:45 PM NPT By: Republica
KATHMANDU, Feb 10: Jagdamba Motors, the sole authorized distributor of TVS scooters and motorcycles in Nepal, has announced the Valentine’s Day promotional campaign “Connect to Love” for its entire range of TVS scooters.
Nepse lost 11.96 points on Thursday, the third-day drop in a row
Published On: February 10, 2022 06:22 PM NPT By: Republica
KATHMANDU, Feb 10: Nepal Stock Exchange dipped 11.96 points to close at 2,801.56 points on Thursday.
Govt shuts Nepalgunj-based Dreamland Hotel over royalty issue
Published On: February 10, 2022 02:30 PM NPT By: Republica
KATHMANDU, Feb 10: The Ministry of Culture, Tourism and Civil Aviation has decided to close down the Nepalgunj-based Dreamland Hotel for defaulting royalty over Rs 3.8 million for the operation of a casino business.
EU and IFC to accelerate climate-smart, inclusive infrastructure investments in South Asia
Published On: February 10, 2022 12:51 PM NPT By: Republica
WASHINGTON D.C., NEW DELHI, Feb 10: Six South Asian nations, including India, are set to benefit from a new USD$ 21.5 million (EUR 18 million) funding from the European Union (EU), which will help to accelerate climate-smart, inclusive infrastructure investments in their regions.
NTB CEO files case against nine persons including Tourism Minister Ale
Published On: February 10, 2022 10:59 AM NPT By: Republica
KATHMANDU, Feb 10: Nepal Tourism Board (NTB) Chief Executive Officer Dhananjay Regmi has filed a contempt and defamation case against nine people, including Minister for Culture, Tourism and Civil Aviation Prem Bahadur Ale in the Supreme Court.
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