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Promoting accessible tourism can help Nepal drive sector recovery, boost Economy: IFC Study
Published On: August 25, 2021 01:19 PM NPT By: Republica
KATHMANDU, August 25: Investing in disability-friendly infrastructure and services can help hoteliers and entrepreneurs tap the accessible tourism market in Nepal, a growing segment globally, while driving economic growth and accelerating recovery, a new study commissioned by the International Finance Corporation (IFC) has revealed.
Revenue collection on track despite COVID-9 pandemic
Published On: August 25, 2021 01:11 PM NPT By: Republica
KATHMANDU, August 25: Despite the crisis created by the COVID-19 pandemic, the government has collected nearly Rs 100 billion in the first month of the current fiscal year. The government collected Rs 94 billion in the month of Shrawan (mid June to mid-July) alone. Compared to the last three years, the revenue collection this year seems to be higher.
NOC increases fuel prices breaching auto-pricing mechanism
Published On: August 25, 2021 06:30 AM NPT By: Republica
KATHMANDU, August 25: “Oil posts biggest week of losses in nine months as Delta variant spreads,” reported Reuters on Saturday.
Nepse under pressure as trading begins for the week
Published On: August 24, 2021 07:30 PM NPT By: Republica
KATHMANDU, August 24: The equity market remained under pressure since the opening of Tuesday’s session. After dipping around 13 points initially, the index made a recovery to trade briefly in green. However, relentless selling pressure in most of the composite sectors kept the index on a steady decline throughout the afternoon. At the close, Nepse lost 56.03 points to end at 3,124.87.
Datsun launches "Datsun Festive Hot Deal" festive scheme
Published On: August 24, 2021 06:51 PM NPT By: Republica
KATHMANDU, August 24: As the festive season is approaching, Datsun has announced attractive festive offers. Pioneer Moto Corp, the sole authorized distributor of Datsun Brand in Nepal, launched the festive scheme on Monday.
Nepse CEO Saud resigns amid accusation of his involvement in insider trading
Published On: August 24, 2021 06:34 PM NPT By: Republica
KATHMANDU, August 24: Chandra Singh Saud, Chief Executive Officer of Nepal Stock Exchange (Nepse), resigned from his position on Tuesday, citing accusation of ‘moral hazard’ for purchasing shares of Sarbottam Cement.
NOC contributes Rs 97 billion to govt’s revenue
Published On: August 24, 2021 01:36 PM NPT By: Dilip Paudel
KATHMANDU, August 24: Nepal Oil Corporation (NOC) has contributed Rs 97 billion in revenue to the government. While buying fuel from the Indian Oil Corporation (IOC) and selling it in the domestic market, the NOC provided revenue to the government under various headings.
Feeble role of regulator puts huge amount of money deposited in cooperatives at risk
Published On: August 24, 2021 06:30 AM NPT By: Republica
KATHMANDU, August 24: Weak monitoring of cooperatives by the regulators concerned has put large amounts of money deposited by their members at risk.
NOC hikes prices of petroleum products
Published On: August 23, 2021 09:54 PM NPT By: Republica
KATHMANDU, August 23: Nepal Oil Corporation(NOC) has hiked the prices of petroleum products.
CIAA to investigate undue benefit allegedly taken by Vishal Group’s subsidiary
Published On: August 23, 2021 08:44 PM NPT By: Republica
KATHMANDU, August 23: A complaint has been filed at the Commission for the Investigation of Abuse of Authority (CIAA) against United Distributors Nepal, a subsidiary of Vishal Group, which allegedly received undue benefits by making the government revise import taxes on chocolates.
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