KATHMANDU, April 23: Dismissing suggestions that Nepal could fall into a Chinese debt trap if it chose to take loans under the Belt and Road Initiatives (BRI), Minister for Foreign Affairs Pradeep Kumar Gyawali has said that such suggestions were motivated by bias.

Ncell moves Supreme Court against tax determination

Published On: April 22, 2019 04:50 PM NPT By: Republica

KATHMANDU, April 22: The private telecom company Ncell has filed a writ petition at the Supreme Court on Tuesday arguing that the tax amount determined by the Large Taxpayers’ Office (LTO) earlier last week was not in accordance with the existing law.

KATHMANDU, April 22: Investment Board Nepal (IBN) has said that it has received as many 48 applications for 31 out of 50 projects showcased during the recently held Nepal Investment Summit 2019.

Farmers of Dhading embracing new technology

Published On: April 22, 2019 09:07 AM NPT By: Sarita Shrestha

DHADING, April 22: Ram Sharan Tripathi of Siddhalek Rural Municipality Ward-4 in Dhading has been involved in farming for the past 25 years. Farmers like him had to wait for their turn to use oxen for plowing as there were limited number of oxen in the village. He has now bought a mini tiller which has made things lot easier for him.

Karnali Province spent only 12% of budget in 9 months

Published On: April 22, 2019 09:05 AM NPT By: Nagendra Upadhyaya

SURKHET, April 22: Karnali Province has managed to spend only 12 percent, or Rs 3.07 billion, of the allocated Rs 26.28 billion over the first nine months of Fiscal Year 2018/19.

Nepse surges 30 points to begin week

Published On: April 22, 2019 08:55 AM NPT By: Republica

KATHMANDU: Nepali equities continued to see strength as the Nepal Stock Exchange (Nepse) index kicked off the week's trading on a firmly positive note. Nepse traded flat in the initial trading hour but witnessed a steady surge after mid-day. The rally in the day saw the index close at its intraday high of 1,264.20 points – up significant 31.89 points against the session earlier.

Visa center to bear all expenses, Qatari govt confirms

Published On: April 21, 2019 09:48 PM NPT By: Republica

KATHMANDU, April 21: The Qatari government has confirmed that the visa center will bear all the expenses of the medical test and process of the contract.

Solar projects for energy mix plan to miss production deadline

Published On: April 21, 2019 09:14 AM NPT By: Republica

KATHMANDU, April 21: When it comes to proper management and timely completion, solar power projects of the country are no better than hydropower projects. The government’s plan to generate 51 MW electricity by harnessing solar power is most likely to be mired in delays and deadline extensions.

NEA’s 20 MW solar plant to start generation by November

Published On: April 21, 2019 09:11 AM NPT By: Republica

KATHMANDU, April 21: Nepal Electricity Authority (NEA) informed that its plan of generating 20 MW solar power from Devighat in Trishuli will materialize by the end of November.

KAILALI, April 21: Amid rising import of fine scented rice from India, Ministry of Land Management, Agriculture, and Cooperative of Sudur Paschim Province has endeavored to promote rice farming in the region by providing farmers with subsidy on seed and fertilizer, and improving irrigation facilities.