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.

Tinau, Boom Remittance in remittance pact

Published On: July 24, 2016 08:50 PM NPT By: Republica

KATHMANDU, July 24: Boom Remittance Pvt Ltd has appointed Tinau Development Bank Limited as its agent to receive money sent from abroad.

Jufal airport shuts down due to adverse weather

Published On: July 23, 2016 12:35 PM NPT By: Republica

DOLPA, July 23: The flights to and from the district have stalled since a week following the closure of the Jufal airport.

Will govt refund tax collected since July 16?

Published On: July 23, 2016 02:50 AM NPT By: Kuvera Chalise

KATHMANDU, July 23: The government has to refund the taxes collected since the last one week -- or the beginning of the current fiscal year on July 16 -- as Finance Bills presented by the incumbent government were rejected by Parliament on Friday.

Rupee weakens, gold loses shine

Published On: July 23, 2016 02:40 AM NPT By: Republica

KATHMANDU, July 23: Nepali rupee lost 21 paisa against US dollar this week as the Indian currency, with which rupee is pegged, lost value against the greenback.

Investors flock toward banking stocks

Published On: July 23, 2016 02:20 AM NPT By: Republica

KATHMANDU, July 23: Nepal Stock Exchange (Nepse) index climbed up 53.09 points this week to close at 1,798.83 points on Thursday.

KATHMANDU, July 23: The Industrial Promotion Board (IBP) is undecided on Ncell's capital increment proposal even though it has already been 10 months since the operator submitted its plan for approval.

Two China-built projects starting generation this year

Published On: July 23, 2016 02:00 AM NPT By: Rudra Pangeni

KATHMANDU, July 23: Two hydropower projects with combined installed capacity of 75 MW, promoted by two Chinese state-owned companies, are preparing to start generation in the coming few months.

Clean feed policy introduced

Published On: July 23, 2016 01:50 AM NPT By: Republica

KATHMANDU, July 23: The government has introduced 'clean feed' policy for foreign television channels.

Sebon slashes OTC transaction fees by 90 percent

Published On: July 23, 2016 12:10 AM NPT By: Republica

KATHMANDU, July 23: Following reduction of brokerage commission by 40 percent, Securities Board of Nepal (Sebon) has also brought down service charge on transaction of Over-the-counter (OTC) market by almost 90 percent.

Sebon okays Century Bank’s rights issue proposal

Published On: July 22, 2016 08:39 PM NPT By: Republica

KATHMANDU, July 22: Securities Board of Nepal (Sebon) has approved a proposal of Century Commercial Bank Ltd (CCBL) for 30 percent rights issue.