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Nepse begins week with a dip
Published On: May 20, 2019 08:53 AM NPT By: Republica
KATHMANDU: Majority of stocks lacked conviction during Sunday's trading session. The benchmark Nepal Stock Exchange (Nepse) index hovered around 1,320 points in the morning. Following some selling pressure in the afternoon, Nepse fell to as low as 1,312 points.
Gross misuse of budget in the name of users’ groups
Published On: May 20, 2019 07:14 AM NPT By: Matrika Dahal
KATHMANDU, May 20: Failure on the part of concerned government agencies to monitor the activities of over 350,000 users’ groups has given rise to the misuse of national budget amounting to over billions of rupees each year.
Zimbabwe central bank says it secures $500 million to ease dollar shortages
Published On: May 19, 2019 07:00 PM NPT By: Reuters
HARARE, May 19: Zimbabwe’s central bank has secured a $500 million loan from unspecified international banks to support interbank currency trading from Monday and ease a dollar crunch that has brought fuel and medicine shortages, Governor John Mangudya said.
‘Tour de Lumbini’ organized to promote internal tourism
Published On: May 19, 2019 08:48 AM NPT By: DHAN BASNET
POKHARA, May 19: Cycle City Pokhara and Cycling Association Kaski organized a two-day cycling event from Pokhara to Lumbini with the objective of promoting internal tourism in the country. The event began from Pokhara on Friday and concluded in Lumbini on Saturday, on the auspicious day of Buddha Jayanti.
Contractors oppose law barring graft-accused to bid govt projects
Published On: May 19, 2019 08:36 AM NPT By: Republica
KATHMANDU, May 19: Civil contractors have blamed the government for introducing regressive policies to not only discourage the construction sector but to damage the entire construction industry through the amendment in Public Procurement Rules 2007.
Lumbini Master Plan not completed even after 4 decades
Published On: May 19, 2019 08:23 AM NPT By: REKHA BHUSHAL AND KIRANMAN BAJRACHARYA
LUMBINI, May 18: When Lumbini master plan was designed some 41 years ago, seven villages had to be relocated. The villages dominated by Muslim communities had embraced the development plan and cooperated with the authorities for their relocation. Four decades down the line, several projects are still unfinished much to the disappointment of the people who had dreamt of prosperous Lumbini.
Finance committee endorses report comprising suggestion on budget
Published On: May 18, 2019 07:05 PM NPT By: Republica
KATHMANDU, May 18: The Finance Committee under the House of Representatives has endorsed the report containing suggestions collected from various parts of the country on the upcoming budget.
China tops in foreign tourists arrivals to Nepal for 4 straight months in 2019: report
Published On: May 18, 2019 04:55 PM NPT By: Bipana Thapa
KATHMANDU, May 18: China topped the ranking of foreign tourists to Nepal as of April this year although China contributed the second largest number of visitors to the Himalayan country in 2018, a Chinese media report said on Saturday.
Trans-Himalayan self-drive on vintage cars
Published On: May 18, 2019 08:09 AM NPT By: DIYA DHAKAL
KATHMANDU, May 18: Twenty-eight vintage cars have recently completed a thrilling trans-Himalayan drive from Chengdu of China to Kathmandu, via Tibet. As part of the Trans-Himalayan Adventure 2019, organized by PureQuest Adventures India in association with Rally Round, the cars crossed the Himalayan range in a 26-day expedition, which concluded on May 10.
Labor and employment minister promises minimum wage to tea laborers in Ilam
Published On: May 18, 2019 08:02 AM NPT By: Bhim Chapagain
ILAM, May 18: Minister for Labor, Employment, and Social Security Gokarna Bista on Friday assured tea laborers of Ilam that they will be paid the minimum wage.
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