NOC revises petro-price

Published On: June 16, 2019 08:45 PM NPT By: Dilip Poudel

KATHMANDU, June 16: Nepal Oil Corporation (NOC) on Sunday has revised downward prices of petroleum products effective from Sunday midnight.

NEW DELHI, June 16: India will impose higher retaliatory tariffs on 28 U.S. products including almonds, apples and walnuts from Sunday, following Washington’s withdrawal of key trade privileges for New Delhi.

KATHMANDU, June 15: In a recent statistics released by the Department of Customs (DoC) based on data from 23 major ports of Nepal, trade deficit of the country has risen to Rs 1,099.6 billion in the first 10 months of the current Fiscal Year 2018/19.

Stakeholders call for merger of cooperatives

Published On: June 16, 2019 07:44 AM NPT By: Republica

KATHMANDU, June 15: Stakeholders in the cooperatives sector have urged cooperative organizations to merge, considering the steady rise in the number of cooperatives and traits of financial anarchy.

KATHMANDU, June 15: Unlike in the previous years when banking sector used to be awash with liquidity at least in the last quarter of fiscal, bank and financial institutions (BFIs) are not finding respite from the acute shortage of lendable fund in the current Fiscal Year 2018/19.

Government spending weaker than last year

Published On: June 16, 2019 07:18 AM NPT By: Republica

KATHMANDU, June 15: Despite being a two-thirds majority government, the government seems to be weaker in terms of spending the budget this year compared to previous years.

Province govts unveiling budgets totaling Rs 250 bn today

Published On: June 16, 2019 06:00 AM NPT By: Republica

KATHMANDU, June 16: All seven provincial governments are unveiling their budgets for the upcoming fiscal year on Sunday.

Budget enough to upgrade road sections: Dr Khatiwada

Published On: June 15, 2019 06:30 PM NPT By: RSS

KATHMANDU, June 15: Minister for Finance Dr Yuba Raj Khatiwada has said there was adequate budget allocated for upgrading Ramche-Mulkharka road section.

National prosperity without modernized agro sector impossible

Published On: June 15, 2019 12:55 PM NPT By: RSS

SYANGJA, June 15: Minister for Land Management, Cooperatives and Poverty Alleviation Padma Kumari Aryal has said that the national development and prosperity was impossible unless farmers were empowered and enriched.

WASHINGTON, June 15: Federal safety regulators have proposed a fine of more than $715,000 against Allegiant Air, saying the discount airline failed to properly fix an engine that put out hotter-than-normal exhaust fumes.