Capital expenditure only 6% in first four months

Published On: November 20, 2019 08:45 AM NPT By: Republica

KATHMANDU, Nov 20: The government spending on development works was recorded 6.05% of the allocated budget in the first four months of the current fiscal year, revealing low spending capacity of the government in the construction of infrastructure despite its repeated commitments to spearhead economic prosperity.

With Indian ban, onions becoming steadily unaffordable

Published On: November 20, 2019 08:37 AM NPT By: Sujita Pradhan

KATHMANDU, Nov 20: The ban on export of onions by the Indian government one and a half months ago has resulted in massive price hike of the vegetable in the Nepali market.

Market activity drops as stocks inch lower

Published On: November 20, 2019 08:32 AM NPT By: Republica

KATHMANDU: The Nepal Stock Exchange (Nepse) witnessed another lackluster trading session on Tuesday. With the index hovering around the opening level throughout the day, it failed to make any notable moves towards either side. Eventually, Nepse index ended Tuesday's trading at 1,129.99 points with a modest drop of 1.14 points.

KATHMANDU, Nov 19: One thousand and two hundred climbers of 164 groups have acquired permission to climb mountains in this autumn season.

Rice mill of Rajapur purchasing paddy from Kailali

Published On: November 19, 2019 10:12 AM NPT By: Yogesh Rawal

TIKAPUR, Nov 19: Aadhunik Chamal Karkhana of Rajapur in Bardiya district has started buying paddy from Tikapur of adjoining Kailali district. The rice mill was not able to find required quantity of paddy locally.

RASUWA, Nov 19: Prime Minister KP Sharma Oli and Minister for Energy, Water Resources and Irrigation Barsaman Pun jointly inaugurated the Upper Trishuli 3A hydropower project on Monday.

DRI sues three firms for using fake VAT bills to evade taxes

Published On: November 19, 2019 09:50 AM NPT By: Republica

KATHMANDU, Nov 19: The Department of Revenue Investigation (DRI) on Sunday filed cases at the Kathmandu District Court against three owners of two firms for evading taxes worth Rs 17.42 million by using the fake value-added tax (VAT) bills.

PALPA, Nov 19: A coffee farmer from Burtung village of Palpa, Rewanta Bahadur Bista, 76, has a dream. He wants not just his own business to grow manifold, but also wishes that Palpa be identified as the best coffee production district. “And my dream is not baseless, we have all potential required to establish ourselves as best coffee producers in the country,” he claims.

70 experts to deliver presentations during Energy Summit : IPPAN

Published On: November 18, 2019 04:02 PM NPT By: Republica

KATHMANDU, Nov 18: Around 70 experts from various countries will deliver their presentations during the Energy Summit to be held in Kathmandu later this week, the organizer said on Monday.

PM Oli inaugurates Upper Trishuli 3 'A' hydropower project

Published On: November 18, 2019 01:54 PM NPT By: Republica

KATHMANDU, Nov 18: Prime Minister KP Sharma Oli inaugurated the Upper Trishuli 3 'A' pressing a switch at the Prime Minister's office in Singha Durbar on Monday.