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CAAN sees a significant decline in its revenue collection
Published On: August 30, 2021 05:25 PM NPT By: Republica
KATHMANDU, August 30: The revenue of the Civil Aviation Authority of Nepal (CAAN) has dropped significantly in the past two years due to the COVID-19 crisis.
Sichuan Air’s aircraft in air for an hour after overshooting the runway
Published On: August 30, 2021 01:16 PM NPT By: Republica
KATHMANDU, August 30: An aircraft belonging to the Sichuan Air from Chengdu attempting to land at the Tribhuvan International Airport had to remain in the air for an hour after overshooting.
Nepse extends correction with another 50-point drop
Published On: August 29, 2021 10:30 PM NPT By: Republica
KATHMANDU, August 29: The Nepal Stock Exchange (Nepse) index rose in the morning on Sunday and traded above 3,100 mark briefly. However, the benchmark continued its downward momentum and pulled back slightly at mid-day. Further selling pressure in the latter trading hours saw the index tumble in the negative territory. At the close, Nepse lost 49.18 points to end at 3,044.87.
India removes anti-dumping duty on import of Nepali yarn
Published On: August 29, 2021 07:00 PM NPT By: Republica
KATHMANDU, August 29: India has scrapped anti-dumping duty on polyester yarn exported from Nepal. The Indian authorities recently published a public notice in this regard.
Plans for ‘Prosperous Touristic Pokhara’ unveiled
Published On: August 29, 2021 03:00 PM NPT By: Republica
POKHARA, August 29: The Pokhara Metropolitan City has accorded priority to the promotion of local tourism in the changing context in the three-year periodic plan of the city.
Finance Minister Sharma urges youths to unveil plan to employ 1.5 million youths in production sector
Published On: August 29, 2021 11:12 AM NPT By: Republica
KATHMANDU, August 29: Finance Minister Janardan Sharma has urged youths to move ahead with a plan to employ 1.5 million youths in the country.
Sri Lankan Airlines starting direct flights between Kathmandu-Colombo from Tuesday
Published On: August 29, 2021 08:01 AM NPT By: Republica
KATHMANDU, August 29: Direct flights between Nepal and Sri Lanka are resuming from Tuesday after a hiatus of four decades.
Nepal’s BoP surplus nosedived from over Rs 282 billion to Rs 1.23 billion last FY
Published On: August 29, 2021 07:50 AM NPT By: Republica
KATHMANDU, August 29: Nepal’s balance of payments (BoP) registered a surplus of only Rs 1.23 billion in 2020/21, a straight fall from the surplus of Rs 282.41 billion in the previous year, mainly due to the soaring imports and slowdown in the net inflow of foreign direct investment (FDI).
Nepal’s public debt crosses 40 percent of the country’s GDP
Published On: August 28, 2021 07:15 PM NPT By: Republica
KATHMANDU, August 28: Nepal’s public debt has reached 40.5 percent of the country’s gross domestic product (GDP), with the government relying more on borrowed money to meet its financial obligations due to low revenue collection amid impacts of the COVID-19 pandemic.
KUSOM organizes job and internship fair
Published On: August 28, 2021 04:03 PM NPT By: Republica
KATHMANDU, August 28: Kathmandu University School of Management (KUSOM) organized its 9th edition of Job and Internship Fair (KJIF) on August 25-27.
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