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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.
Yak & Yeti's license revoked for defaulting Rs 420 million royalty
Published On: February 10, 2022 09:43 AM NPT By: Republica
KATHMANDU: The government has canceled the casino operating license of Yak & Yeti Hotel Limited, Durbarmarg, Kathmandu for failing to pay Rs 420 million in royalty to the government on Wednesday. The Ministry of Culture, Tourism and Civil Aviation had issued a license to operate a casino in the name of the hotel on January 6, 1992.
Low education standard and equity among key challenges to promote human capital in Nepal: WB report
Published On: February 10, 2022 06:30 AM NPT By: Republica
KATHMANDU, Feb 10: Nepal requires significant investment and improved efficiency in spending to promote greater human capital accumulation mainly at the local levels as the country is in transition to a federal state, the World Bank (WB) has said.
Consumer inflation eased to 5.65 percent last month: NRB
Published On: February 9, 2022 07:02 PM NPT By: Republica
KATHMANDU, Feb 9: The consumer price inflation was recorded at 5.65 percent as of mid-January as compared to 3.56 percent of the same period last year.
Japan to provide medical equipment to Meri Stopes Community Hospital in Kailali
Published On: February 9, 2022 06:45 PM NPT By: Republica
KATHMANDU, Feb 9: The Ambassador of Japan to Nepal, KIKUTA Yutaka, signed a grant contract with Lalmani Joshi, Director of Meri Stopes Community Service Center Nepal, for installing medical equipment at Meri Stop Community Hospital in Kailali District.
Turnover amount at Nepse declined to Rs 3.47 billion on Wednesday
Published On: February 9, 2022 06:10 PM NPT By: Republica
KATHMANDU, Feb 9: Turnover amount in Nepal Stock Exchange (Nepse) dropped to Rs 3.47 billion on Wednesday amid investors’ low confident to invest in shares trading.
Kathmandu, Terai and Madhesh Fast Track will not face any type of budget shortage: Finance Ministry
Published On: February 9, 2022 05:45 PM NPT By: Republica
KATHMANDU, Feb 9: The Ministry of Finance has stated that there will be no shortage of budget for the Kathmandu-Terai / Madhesh Fast Track project that is under construction at present. The Ministry of Finance has given such a reply while the Nepal Army, which is responsible for the construction of the project, is demanding to ensure the budget.
Why MCC transmission line seems crucial
Published On: February 9, 2022 05:05 PM NPT By: Ramesh Lamsal
KATHMANDU, Feb 9: Three substations will be constructed at Lapsiphedi, Ratamata, and Damauli with USD 500 million grant to be provided under the Millennium Challenge Corporation (MCC). The substation at Ratamata in Nuwakot district will connect to the proposed 400 KV Rasuwagadhi-Kerung transmission line. Similarly, the proposed 400 KV Butwal-Gorakhpur transmission line will link with the 22 kilometers inter-country transmission line of Nepal and India.
NAC successfully conducts test flight to Sukilumba Airport
Published On: February 9, 2022 03:32 PM NPT By: Republica
KATHMANDU, Feb 9: Nepal Airlines Corporation (NAC) has conducted a successful test flight to Falgunanda Sukilumba Airport of Illam.
Home minister and finance minister discuss election budget
Published On: February 9, 2022 03:20 PM NPT By: Republica
KATHMANDU, Feb 9: Home Minister Bal Krishna Khand and Finance Minister Janardan Sharma held a meeting on Wednesday to discuss the budget required for the upcoming election.
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