KATHMANDU, August 1: The Employees Union of the Securities Board of Nepal (Sebon) has urged the government authorities concerned to carry out an investigation into the controversial case of Sebon Chairman Bhisma Raj Dhungana’s alleged involvement in insider trading.

KATHMANDU, August 1: The Commission for the Investigation of Abuse of Authority (CIAA) has asked the Securities Board of Nepal (Sebon) to provide necessary documents to investigate Sebon Chairman Bhisma Raj Dhungana’s alleged involvement in insider trading.

Madhu Kumar Marasini appointed as finance secretary

Published On: August 1, 2021 03:16 PM NPT By: Republica

KATHMANDU, August 1: The government has appointed Madhu Kumar Marasini as the Secretary of the Ministry of Finance.

Buddha Air to operate Pokhara-Nepalgunj flight from today

Published On: August 1, 2021 10:10 AM NPT By: Republica

KATHMANDU, August 1: Private sector airline Buddha Air has started preparations for a 'cross city' flight based in Pokhara. Accordingly, direct flights from Pokhara to Nepalgunj will start from Sunday. The company had been planning to fly on this route from May 1, but was postponed due to the prohibitory order. Buddha had earlier planned to start flights from Pokhara to Biratnagar and Simara from May.

KATHMANDU, July 31: The government has collected revenue worth Rs 26.46 billion in the first two weeks of the current fiscal year.

KATHMANDU, July 31: The Kathmandu-Terai/Madhes Expressway has achieved only 16.10 percent of the overall physical progress of the construction works.

Nepse ends week higher as majority of indices see gains

Published On: July 30, 2021 06:53 PM NPT By: Republica

KATHMANDU, July 30: The Nepal Stock Exchange opened the week on a strong note as the index saw a gain of more than 54 points on Sunday. After a modest correction of 8 points on Monday, stocks stretched its gaining momentum. On Tuesday, Nepse added 29 points followed by a gain of 15 points on Wednesday. The last trading day of the week saw minor selling pressure with the index ending around 15 points lower. Subsequently, Nepse ended the week 2.51% or 75.49 points higher at 3,004.33.

NTA calls off proposal to procure own satellite

Published On: July 30, 2021 04:04 PM NPT By: Republica

KATHMANDU, July 30: Nepal Telecommunication Authority (NTA) has canceled the process to procure its own satellite. Issuing a notice today, the NTA stated that the proposal for a satellite has been canceled and that priority has been given to new plans.

KATHMANDU, July 30: The Kuwaiti flag, which was hoisted on Mt Amadablam without permission, has been secretly returned to Kuwait. The flag, which was kept at the International Mountain Museum in Pokhara, was sent back to Kuwait in May. The Ministry of Culture, Tourism and Civil Aviation had confiscated the flag that was hoisted on Mt Amadablam without permission.

SUV ŠKODA KUSHAQ launched in Nepal

Published On: July 30, 2021 10:15 AM NPT By: Republica

KATHMANDU, July 30: MAW Enterprises Pvt. Ltd., the authorized importer of Skoda vehicles in Nepal, has commenced delivery of SUV ŠKODA KUSHAQ in Nepal.