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Bhatta appointed as NRB Spokesperson

Published On: December 16, 2021 02:15 PM NPT By: Republica

KATHMANDU, Dec 16: Dr Gunakar Bhatta has been appointed the spokesperson for the Nepal Rastra Bank (NRB).

NEA's billing counters closed till December 20

Published On: December 16, 2021 12:42 PM NPT By: Republica

KATHMANDU, Dec 16: All billing counters of Nepal Electricity Authority (NEA) have been closed from today till December 20.

Minister Shrestha warns of taking stern action against those involved in irregularities in foreign employment sector

Published On: December 16, 2021 10:41 AM NPT By: Republica

KATHMANDU, Dec 16: Minister for Labour, Employment and Social Security Krishna Kumar Shrestha has warned of taking stern actions against those duping innocent people in the name of foreign employment.

Nepal’s foreign currency reserves declined further in first four months of current FY

Published On: December 16, 2021 06:30 AM NPT By: Republica

KATHMANDU, Dec 16: Nepal’s balance of payments (BoP) further plunged to negative Rs 150.38 billion in the first four months of the current fiscal year, thanks to falling remittance earnings and widening trade deficit.

Stocks flat after heavy fluctuations on Monday

Published On: December 15, 2021 07:00 PM NPT By: Republica

KATHMANDU, Dec 15: Heavy buying enthusiasm was seen in the local equity market as the index shot up by over 70 points in the morning. A sharp pullback ensued, but the index managed to trade firmly in green for most of the first half of Wednesday’s trading. However, aggressive selling was witnessed in Wednesday afternoon. At the close, Nepse ended 4.23 points lower at 2,414.62.

Inflation rose 5.32 percent during mid-October and mid-November

Published On: December 15, 2021 06:21 PM NPT By: Republica

KATHMANDU, Dec 15: Consumer price inflation surged to 5.32 percent during the one month period from mid-October to mid-November this year compared to 4.05 percent during the same period last year.

Global IME Bank receiving US $ 25 million loan from UK’s CDC Group

Published On: December 15, 2021 06:17 PM NPT By: Republica

KATHMANDU, Dec 15: Global IME Bank Ltd is receiving a loan worth US $ 25 million from CDC Group, the development finance institution of the United Kingdom.

South Korea to spend over Rs 1 billion for polytechnic institute in Province 2

Published On: December 15, 2021 02:30 PM NPT By: Republica

KATHMANDU, Dec 15: The Government of Nepal and the Government of the Republic of Korea have signed a Memorandum of Understanding (MoU) for the establishment of a polytechnic institute for construction workforce development in Province 2.

Sasto Deal celebrates its 10th year anniversary

Published On: December 15, 2021 12:28 PM NPT By: Republica

KATHMANDU, Dec 15: Sasto Deal, an online shopping store in Nepal celebrated its 10th anniversary. In the event, Vinay Mohan Kwatra, ambassador of India to Nepal was the chief guest, who officially inaugurated the anniversary event.

Bangladesh seeks to purchase electricity produced by Nepal’s private sector

Published On: December 15, 2021 07:05 AM NPT By: Republica

KATHMANDU, Dec 15: Bangladesh has expressed its interest to sign power purchase agreement (PPA) directly with Nepal's private sector hydropower producers.

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