KATHMANDU, Jan 3:  The Commission for the Investigation of Abuse of Authority (CIAA) has filed corruption cases against 12 officials of Agriculture Inputs Company (AIC) on charge of their involvement in the import of substandard fertilizers.

No takers for interest subsidy, cheaper credit facility

Published On: July 28, 2016 01:40 AM NPT By: Sagar Ghimire

KATHMANDU, July 28: While the government has already set up an economic rehabilitation fund to provide interest subsidy and cheaper credit to businesses and industries battered by the recent Tarai turmoil and last year's earthquakes, there has not been a single demand from private sector for such facility.

Govt targets 4% GDP contribution from NTIS products

Published On: July 28, 2016 12:50 AM NPT By: Sujan Dhungana

KATHMANDU, July 28: The revised Nepal Trade Integration Strategy (NTIS) has set a target of contributing at least 4 percent of gross domestic product by 2020 through export of products and services listed in the country's trade strategy document.

NMB Bank-led consortium to finance Riddhi Siddhi Cement

Published On: July 27, 2016 08:58 PM NPT By: Republica

KATHMANDU, July 27: NMB Bank Ltd has said that it will become the lead bank in the consortium loans for Riddhi Siddhi Cement Company.

CNI President appointed IBN member

Published On: July 27, 2016 08:56 PM NPT By: Republica

KATHMANDU, July 27: President of Confederation of Nepalese Industries (CNI) Hari Bhakta Sharma has been appointed as the member of Investment Board Nepal (IBN).

Etihad Airways opens business class lounge in Los Angeles

Published On: July 27, 2016 07:46 PM NPT By: Republica

KATHMANDU, July 27: Etihad Airways opened its new first and business class lounge within the Tom Bradley International Terminal at Los Angeles International Airport (LAX) on Tuesday.

KATHMANDU, July 27: Daily turnover in the stock market more than doubled to a record high of Rs 2.78 billion on Tuesday. Average daily turnover in the only bourse in the country has remained at Rs 1.3 billion after mid-January.

KATHMANDU, July 27: Locals of Budhigandaki Hydroelectric Project have demanded that the resettlement plan should be finalized before fixing compensation for land to be acquired by the project.

Sharp fall in imports thru Birgunj in FY2015/16

Published On: July 27, 2016 01:00 AM NPT By: Ritesh Tripathi

BIRGUNJ, July 27: Import of major commodities through Birgunj customs fell drastically in Fiscal Year 2015/16.

Datsun Redi-Go hits Nepali roads

Published On: July 27, 2016 12:00 AM NPT By: Republica

KATHMANDU, July 27: Pioneer Moto Corp, the authorized distributor of Datsun vehicles for Nepal, has launched its urban cross car -- Redi-Go in the domestic market.

Ncell to promote off-grid power solutions

Published On: July 26, 2016 08:29 PM NPT By: Republica

KATHMANDU, July 26: Ncell has reached an agreement with Gham Power Pvt Ltd to promote off-grid power solutions, making it possible for communities out of national electricity grid in Khotang and Udaypur to avail both energy and telecom services.