KATHMANDU, July 27: The government has appointed Dr Bishwo Poudel as Vice Chairman of National Planning Commission (NPC).

KATHMANDU, July 27: US Ambassador to Nepal, Randy Berry has said the US government is positive about providing necessary support to Nepal to help the country fight against the COVID-19 pandemic.

KATHMANDU, July 27: There is a need for cross collaboration to lower the costs of rural area connectivity and improve digital literacy to close the digital divide and progress on recovery of the economy affected by the COVID pandemic.

Karan Chaudhary announces his candidacy for NADA president

Published On: July 27, 2021 11:45 AM NPT By: Republica

KATHMANDU, July 27: Karan Chaudhary, the executive director of CG Holdings and CG MotoCorp, has announced his candidacy for the post of president of the NADA Automobiles Association of Nepal. He is currently the Vice-President of the Executive Committee of NADA.

KATHMANDU, July 27: Minister for Energy, Water Resources and Irrigation Pampha Bhusal said that the government is preparing to bring a policy to provide special facilities to the people living below the poverty line.

KATHMANDU, July 27: Dolma Impact Fund II (Dolma II) has qualified for 2X Challenge with its first close of US dollars 40 million on May 6 and Dolma Impact Fund I’s performance on gender equality.

KATHMANDU, July 27: Finance Minister Janardan Sharma has said that the existing provisions of the Public Procurement Act are obstacles to expedite the pace of development works.

KATHMANDU, July 27: Insurance businesses and cooperatives with larger transactions are now required to abide by the anti-money laundering (AML) system as the regulators of these sectors have asked these businesses to come within the framework from the fiscal year 2021/22.

Nepse ends lower after banking shares struggle

Published On: July 26, 2021 11:13 PM NPT By: Republica

KATHMANDU, July 26: After opening more than 16 points higher, a deep correction dragged the benchmark equity index towards negative territory within few minutes of trading. However, the index immediately recouped its earlier losses. The market continued to gyrate on either side of the spectrum for the first trading hour.  Thereafter, the benchmark index remained on the lower side of the spectrum. At the end, the index settled with a minor loss of 8 points at 3050.43.

KATHMANDU, July 26: Newly-appointed Minister for Energy, Water Resources and Irrigation Pampha Bhusal on Sunday directed the Nepal Electricity Authority (NEA) to recover the long pending dues of dedicated feeders and trunk lines from industrialists.