Farmers forced to sell sugarcane on credit

Published On: February 11, 2019 08:13 AM NPT By: Rekha Bhusal

Three sugar mills of Nawalpur and Parasi districts have started crushing sugarcane. However, farmers have not got payment for their canes.

Government yet to settle Rs 101 billion from FY2016/17

Published On: February 11, 2019 08:06 AM NPT By: Republica

KATHMANDU, Feb 11: Office of the Auditor General (OAG) had tabled unsettled amounts of Rs 130 billion, which 22 different government agencies including ministries failed to account for while spending public money in Fiscal Year 2016/17, to the government in April last year.

LONDON, Feb 10: Finance Minister Yubaraj Khatiwada is arriving in the United Kingdom on February 20.

RASUWA, Feb 10: Minister for Energy, Water Resources and Irrigation Barshaman Pun laid the foundation stone for the 37-MW Trishuli 3B hydroelectric project to be built in Rasuwa and Nuwakot districts, on Sunday.

Progress on Koshi Corridor excites local entrepreneurs

Published On: February 10, 2019 11:01 AM NPT By: Giriraj Baskota

PANCHTHAR, Feb 9: Works on Koshi Corridor – the fast track project that would connect the country's eastern hills to tarai and the federal capital Kathmandu – is taking place in a rapid pace under the Koshi Corridor Road Development Project-2'

Rains, hail come both as boon and bane for Sarlahi farmers

Published On: February 10, 2019 09:16 AM NPT By: Tanka Chhetri

SARLAHI, Feb 10: The farmers who had endured drought for six months – from July to January - were delighted with the heavy rainfall on Saturday morning, hoping that it would increase the productivity of their crops.

Axiata says CGT is seller’s responsibility

Published On: February 10, 2019 08:57 AM NPT By: Republica

KATHMANDU, Feb 10: Axiata Group, the owner of Ncell Private Limited, has claimed that it has no additional obligation to pay CGT to the Government of Nepal. It has claimed that the responsibility lied with the seller from which it acquired Ncell.

KATHMANDU, Feb 10: Although the Restaurant and Bar Association Nepal (REBAN) had announced to remove 10 percent service charge on restaurant bills in Kathmandu, Pokhara and Sauraha, some restaurants in the Kathmandu Valley are yet to implement the decision

Axiata shares fall after court's capital gains tax claim: Report

Published On: February 9, 2019 11:40 PM NPT By: Republica

KATHMANDU, Feb 9: Shares of Axiata Group fell sharply on Friday following a report that the Supreme Court of Nepal has asked the company to pay $530.5 million in capital gains tax following its purchase of Ncell in Nepal, reported Japan's financial newspaper Nikkei Asian Review on Saturday.

KATHMANDU, Feb 9: Nepal has proposed India to allow two more ports to do business with third countries, senior government officials said on Saturday.