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Nepse ends in green as most sectors see gains

Published On: August 4, 2021 05:42 AM NPT By: Republica

KATHMANDU, August 4: The Nepal Stock Exchange (Nepse) index shot up in the morning on Tuesday before giving up early gains partially at mid-day. Stocks traded flat for most of the afternoon session. Nonetheless, a steady advance in the closing hours saw the index close firmly above 3,100 mark. At the close, the benchmark rose 26.02 points to settle at 3,111.09.

Finmin Sharma urges BFIs to lower interest rates on low-income-group loans

Published On: August 3, 2021 06:10 PM NPT By: Republica

KATHMANDU, August 3: Finance Minister Janardan Sharma has urged the banks and financial institutions (BFIs) working closely with the people at the grassroots to reduce the interest rate on loans that they provide to the poor people.

DPR of Jumla Airport in limbo, crew flying taking risks

Published On: August 3, 2021 12:15 PM NPT By: DB BUDHA

KATHMANDU, August 3: The detailed project report (DPR) of Jumla Airport, for the upgradation of the airport is in limbo. The Civil Aviation Authority of Nepal (CAAN) and Buddha Air had prepared a DPR to upgrade the airport two years ago. The DPR has not been implemented and neither has the airport been upgraded.

Melamchi's Rs 51 billion investment at risk

Published On: August 3, 2021 10:59 AM NPT By: Himal Lamsal

KATHMANDU, August 3: About 51 billion rupees investment in the Melamchi Drinking Water Project is at risk due to floods and landslides in the Melamchi river basin. The upper part of the headworks of the Ambathan-based project has been damaged due to continuous floods and landslides.

SC orders halt in excavation of riverine substances

Published On: August 3, 2021 09:57 AM NPT By: Republica

KATHMANDU, August 3: The Supreme Court has issued a short-term interim order to not excavate stones and ballast from the river against the law across the country. A single bench of Justice Ananda Mohan Bhattarai has issued an interim order to stop the uncontrolled exploitation of riverine substances in various rivers of the seven provinces.

Average length of stay of third-country visitor in Nepal increases from 12.7 days to 15.1 days

Published On: August 3, 2021 07:00 AM NPT By: Republica

KATHMANDU, August 3: The average length of stay of the tourists visiting Nepal increased by around 19 percent, despite a fall in the number of tourists visiting Nepal due to the COVID-19 pandemic in 2020.

Nepse ends in green with 4.06 points gain

Published On: August 3, 2021 05:55 AM NPT By: Republica

KATHMANDU, July 3: After opening above 3100 level, a slight correction pushed the benchmark equity index towards the negative note. Nonetheless, the market pared the early losses in the second hour of trading. Movements remained uncertain thereafter, with the market ending with a slight gain of 4.06 points at 3085.07.

Supply of Melamchi water in Kathmandu Valley falls uncertain as Sunday’s flood causes additional damages

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