Another swarm of locust from India enters Nepal again

Published On: July 12, 2020 05:35 PM NPT By: Republica

KATHMANDU, July 12:  A swarm of locusts from India has entered Nepal yet again on Sunday.

Authorities warn another locust swarm  may enter Nepal

Published On: July 12, 2020 10:23 AM NPT By: Republica

KATHMANDU, July 12: The Plant Quarantine and Pesticide Management Centre (PQPMC) has warned the stakeholders of the entry of another locust swarm into Nepal from India.

KATHMANDU, July 12: Banks and financial institutions (BFIs) have blacklisted more than 300 individuals and firms just in the past three weeks of the last month of the current fiscal year.

KATHMANDU, July 11: The post-lockdown relaxation trading has seen fairly favorable movement as investors saw another week of bullish movement. Despite the previous week closing with a 6 percent rout, the market remained fairly stable this week with four days of advance and one day of correction. The benchmark Nepal Stock Exchange (Nepse) index saw a moderate gain and closed 9 points higher on Sunday. The following two sessions added to the gains as the index rose 33 points and 37 points on Monday and Tuesday. The index retraced 10 points on Wednesday, while Thursday was marked by a modest rise of 4 points. Overall, the index ended the review period 75 points or 4.23 percent higher at 1,331.10 points.

KATHMANDU, July 10: The Supreme Court (SC) on Friday issued a stay order, asking authorities to release around 800 containers of various goods stuck at various customs for the last four months.

KATHMANDU, July 11: The Federation of Nepali National Transport Entrepreneurs on Friday put forth various preconditions for the resumption of public transportation.

KATHMANDU, July 10: The generation and supply of about 500 megawatt of electricity has been hampered due to the incessant rain and rise in the levels of rivers across the nation.

BHAIRAHAWA, July 10: The construction of Gautam Buddha International Airport has been affected as technicians and equipment required for the airport project are stuck abroad due to COVID-19.

Daily Commentary: Stocks slightly up as market consolidates

Published On: July 9, 2020 07:30 PM NPT By: Republica

KATHMANDU, July 9: Some selling pressure was evident in the initial trading hour as the Nepal Stock Exchange (Nepse) index traded 15 points lower in the morning. Nonetheless, stocks saw upbeat movement after mid-day as the market recouped earlier losses to trade slightly in the green. Subsequently, the market wavered close to its opening level throughout the remaining trading hours. The index ended the day with a modest gain of 4.57 points at 1,331.10.

KATHMANDU, July 9: The Middle Bhotekoshi Hydroelectric Project, which has already been delayed by half a decade, is very likely to miss even the revised deadline for commercial production as the project was hit by the rain-triggered floods Wednesday night.