KATHMANDU, June 17: The Hotel Association of Nepal (HAN) has stated that it is not possible to operate hotels as per the exit laws and policies.

KATHMANDU, June 17: The floods and landslides triggered by incessant rainfall have caused physical damage of around Rs 3 billion. It is estimated that the under construction 44 MW Super Madi Hydropower Project in Madi of Kaski alone has caused a loss of over Rs 1 billion.

Flood takes away under construction bridge

Published On: June 17, 2021 08:56 AM NPT By: RSS

NAWALPUR, June 17: The swollen Baudikhola (rivulet) of Nawalparasi (Bardaghat-Susta East) took away a bridge being constructed in Baudikali. Slab and beam of the under-construction bridge linking ward 1 and 2 of Baudikali rural municipality were swept away by the flood that took place after incessant rain since Monday evening.

KATHMANDU, June 16: Following the press release by Securities Board of Nepal (Sebon), stocks remained firmly under pressure throughout Wednesday’s session. Stocks plunged in the beginning trading hour, but hovered over 3,000 mark in the first half of the trading session. However, a sharp selling pressure in the latter hours pushed the benchmark 52.39 points lower to close at 2,969.72.

Govt extends deadline to file tax to July 9

Published On: June 16, 2021 06:45 PM NPT By: Republica

KATHMANDU, June 16: The government has extended the deadline to submit tax details and settlement of tax dues to July 9, citing the ongoing prohibitory orders imposed across the country.

KATHMANDU, June 16: Nepal Stock Exchange (Nepse) on Wednesday fell by a double digit of 52.41 points in the aftermath of the Securities Board of Nepal (Sebon) issuing a caution notice.

Sudurpaschim gets Rs 30.33 billion in next year’s budget

Published On: June 15, 2021 09:30 PM NPT By: Republica

KATHMANDU, June 15: Sudurpaschim Province gets an annual budget of Rs 30.33 billion for the next fiscal year.

Stocks correct slightly after hitting fresh high on Monday

Published On: June 15, 2021 09:13 PM NPT By: Republica

KATHMANDU, June 15: The stock market crossed 3,050 mark for the first time in early morning trading on Tuesday, with Nepse opening at 3,064. However, stocks lost its footing on the back of aggressive profit booking paring all of the morning gains before mid-session. The index also fell below the opening level briefly in the afternoon. After hovering along the opening level towards the latter part of the session, Nepse ended the day with a decline of 3.72 points at 3,022.11.

Province 2 allocates Rs 33.79 billion for 2021/22

Published On: June 15, 2021 09:12 PM NPT By: Republica

KATHMANDU, June 15: Province 2 has allocated expenditure of Rs 33.79 billion for the next fiscal year, giving high priority to women education and health care.

KATHMANDU, June 15: Karnali Province has announced a budget of Rs 36.54 billion for the next fiscal year. Of the amount, Rs 21.65 billion (59 percent) has been allocated for capital expenditure.