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Oil prices hover near five-month highs as global markets tighten
Published On: April 9, 2019 02:00 PM NPT By: Reuters
SINGAPORE, April 9: Oil prices rose to fresh 5-month highs on Tuesday as markets tightened amid OPEC-led supply cuts, U.S. sanctions against Iran and Venezuela, and escalating violence in Libya.
India delays May order for Iran oil, awaits clarity on sanctions waiver: sources
Published On: April 9, 2019 01:16 PM NPT By: Reuters
NEW DELHI, April 9: Indian refiners are holding back from ordering Iranian oil for loading in May pending clarity on whether Washington will extend a waiver from U.S. sanctions against the OPEC-member, four sources said.
Finance Committee to discussbudget policies in each province
Published On: April 9, 2019 09:34 AM NPT By: Republica
KATHMANDU, April 9: Amid growing concern over lack of effectiveness of federal government’s budget and programs, parliament’s Finance Committee has formed two separate panels to reach to all provinces to study their respective fiscal policies and programs.
WB report identifies 5 key risks for Nepal’s economic outlook
Published On: April 9, 2019 09:24 AM NPT By: Republica
KATHMANDU, April 9: The World Bank has pointed out five major risks to the economic outlook of Nepal including reform implementation constraints and vulnerability to natural disasters.
Exhibition on Germany's energy transformation system from April 16
Published On: April 9, 2019 09:09 AM NPT By: Republica
KATHMANDU, April 9: German Embassy in Kathmandu has announced to organize a 16-day exhibition titled “The German Energiewende: Transforming Germany's Energy System” from April 12.
Sugar mills tricked me into restricting imports: PM
Published On: April 9, 2019 05:00 AM NPT By: Sagar Ghimire
KATHMANDU, April 9: Prime Minister KP Sharma Oli has vented ire against sugar mill owners for 'tricking' him into imposing quantity restrictions on the import of sugar last year.
Forces behind lenghty power cuts trying to weaken me: Ghising
Published On: April 9, 2019 04:00 AM NPT By: Republica
KATHMANDU, April 9: Nepal Electricity Authority (NEA) Managing Director Kulman Ghising on Monday said that certain forces, which forced people to live without electricity for as long as 16 hours a day for over a decade, were trying to weaken him.
Insurance shares rise as Nepse extends gains
Published On: April 9, 2019 03:00 AM NPT By: Republica
KATHMANDU, April 9: Stocks opened Monday's trading on a positive note. The Nepal Stock Exchange (Nepse) index traded slightly in the red in the morning before posting a rally after mid-day.
Soft-launch of VNY 2020 from Pokhara
Published On: April 8, 2019 08:05 PM NPT By: Republica
KATHMANDU, April 8: The government is set to make a soft-launch of its 'Visit Nepal Year 2020' campaign from Pokhara, a famous tourist destination, on April 13 marking the eve of the Nepali New Year, 2076.
Former PM Bhattarai terms country's budget allocation system as haphazard
Published On: April 8, 2019 07:00 PM NPT By: Republica
KATHMANDU, April 8: Former Prime Minister Dr Baburam Bhattarai has said the system of distribution of budget in Nepal takes place in a haphazard manner.
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