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New Suzuki Wagon R arrives in Nepal
Published On: April 18, 2019 09:27 AM NPT By: Republica
KATHMANDU, April 18: CG Motocorp, the authorized distributor of Suzuki four-wheelers for Nepal, has launched the third generation Wagon R.
PM inaugurates Soaltee West End Premier Hotel
Published On: April 18, 2019 09:10 AM NPT By: Republica
KATHMANDU, April 18: Prime Minister Khadga Prasad Oli on Tuesday inaugurated the Soaltee West End Premier Hotel in Nepalgunj.
NRB governor sees economy growing by 7% this fiscal year
Published On: April 18, 2019 08:47 AM NPT By: Binod Subedi
BIRATNAGAR, April 18: Nepal Rastra Bank (NRB) Governor Chiranjibi Nepal has said that the economy will grow by more than 7 percent this fiscal year.
Subsidized loan scheme fails to pick up
Published On: April 18, 2019 08:14 AM NPT By: Republica
KATHMANDU, April 18: Though it has been nearly six months that the government introduced concessional loan scheme for various groups, including workers returning from foreign employment, women entrepreneurs and people from the ‘Dalit’ community, the total amount of loans floated by bank and financial institutions (BFIs) except certain agro and livestock business is paltry.
India's Jet Airways to suspend operations after banks reject funding request: sources
Published On: April 17, 2019 09:00 PM NPT By: Reuters
MUMBAI/NEW DELHI, April 17: India’s embattled Jet Airways Ltd is set to temporarily halt operations from Wednesday onward after its lenders rejected the airline’s plea for emergency funds, three sources from inside the company said on Wednesday.
Funds collected for social security schemes already spent
Published On: April 17, 2019 09:41 AM NPT By: Republica
KATHMANDU, April 17: Social Security Fund (SSF) has no cash to run social security programs immediately as the government has not provided it Rs 22 billion collected for the purpose over the last eight years.
External sector position continues to worsen
Published On: April 17, 2019 09:37 AM NPT By: Republica
KATHMANDU, April 17: Balance of Payments (BoP) deficit widened in the eighth month of the current fiscal year, indicating the worsening external sector position of the country.
Tea factories agree to pay laborers minimum wage
Published On: April 17, 2019 09:19 AM NPT By: Bhim Chapagain
ILAM, April 17: Tea factories in Suryodaya Municipality of Ilam have expressed commitment to implement minimum pay fixed by the government for the time being. Owners of tea factories, however, have said that they will launch protest against the government if their demands are not addressed.
Hero MotoCorp launches Destini 125 family scooter
Published On: April 17, 2019 09:11 AM NPT By: Republica
KATHMANDU, April 17: Two-wheeler manufacturer Hero MotoCorp Ltd today launched Destini 125, a family scooter, in the Nepali market. Issuing a press statement Tuesday, the company said that the scooter with its revolutionary i3S technology is the first of its kind to be introduced in Nepal.
Stocks close firmly higher stretching New Year gains
Published On: April 17, 2019 08:49 AM NPT By: Republica
KATHMANDU: Stocks opened Tuesday's trading on a poised note and climbed above 1,190 points mark in the beginning hour. The Nepal Stocks Exchange (Nepse) index continued to see strength in the remaining trading hours and witnessed a surge mid-session that pushed the benchmark index over the crucial 1,200-point mark. Further rally toward the end saw the index close the day 23.33 points higher at 1,212.05 points.
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