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Nepal’s trade deficit widens to Rs 880 billion despite two-fold growth in export in first half of current FY
Published On: January 23, 2022 06:30 PM NPT By: Republica
KATHMANDU, Jan 23: Nepal’s trade deficit reached Rs 880.49 billion in the first half of the current fiscal year, which was 46.64 percent more than the value during the same period last year.
Nepse loses 10.83 points on concern over contraction of liquidity in banks
Published On: January 23, 2022 05:54 PM NPT By: Republica
KATHMANDU, Jan 23: Nepal Stock Exchange (Nepse) index on Sunday fell 10.83 points to close at 2,920.51 points.
Govt preparing to spend additional Rs 240 million to decorate new ministers’ quarters
Published On: January 23, 2022 11:55 AM NPT By: Dilip Paudel
KATHMANDU, Jan 23: The general public has not been vaccinated against COVID-19. The number of deaths due to the lack of treatment is also significant. The construction of development infrastructure including roads and irrigation has not gained momentum. But the government is preparing to spend around Rs 240 million on the decoration of the ministers’ quarters alone. The political leadership was criticized for starting new construction while the country already had ministerial quarters. Amid criticism from the general public, the government is constructing 27 minister quarters in Bhaisepati of Lalitpur at a cost of Rs 1.3 billion.
Govt mulls raising limit of Indian currency that individuals can carry while traveling to India
Published On: January 23, 2022 06:30 AM NPT By: Republica
KATHMANDU, Jan 23: The government is mulling to raise the maximum limit on hard cash of Indian currency (IC) from existing INR 25,000 that can be exchanged by individuals traveling to India.
Sebon permits five companies to float their IPOs four months after its former chief Dhungana was sacked
Published On: January 22, 2022 06:20 PM NPT By: Republica
KATHMANDU, Jan 22: The Securities Board of Nepal (Sebon) has given permission to five companies to float their primary shares this week.
Commercial banks raise base rate on lending by up to two point percent
Published On: January 22, 2022 05:48 PM NPT By: Republica
KATHMANDU, Jan 22: The commercial banks have raised their base interest rate on loans by more than two point percent effective from mid January, citing an increase in their expenses for the interest on deposits.
Online labor permits becoming effective amid COVID-19 infection risk
Published On: January 21, 2022 03:15 PM NPT By: Republica
KATHMANDU, Jan 21: The online labor permit recently launched by the Foreign Employment Office, Kathmandu has become effective.
Student unions demand withdrawal of petroleum price hike
Published On: January 21, 2022 10:10 AM NPT By: Republica
KATHMANDU, Jan 21: Various student unions have demanded the government to withdraw the price hike of petroleum products.
Nepali migrant workers welcomed in Israel
Published On: January 21, 2022 10:06 AM NPT By: Republica
KATHMANDU, Jan 21: The Nepali Embassy in Israel welcomed the migrant workers who reached there for work. The Nepali workers were welcomed by a joint team of the Israeli Health Ministry and Immigration Authority and the Nepali Embassy at Ben Gurion International Airport.
Birgunj Customs collects Rs 5.68 billion more custom revenue than its target during mid-July and mid-Jan
Published On: January 21, 2022 06:30 AM NPT By: Republica
KATHMANDU, Jan 21: Birgunj Customs Office (BCO) collected customs revenue worth Rs 105.90 billion in the first six months of the current fiscal year, which is 5.67 percent more than the target set for the customs office.
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