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Govt revenue collection stands at only half of its target at third-quarter end
Published On: April 12, 2024 08:10 AM NPT By: Republica
KATHMANDU, April 12: The government collected only half of its targeted revenue even as the third quarter of the current fiscal year is about to end.
Mugling-Pokhara road expansion: Eastern section achieves 55 percent completion, western section only 19 percent
Published On: April 11, 2024 08:21 PM NPT By: Republica
KATHMANDU, April 11: Under the Mugling-Pokhara road expansion project, which is being constructed in two sections, east and west, the latest update provided by the project reports 55 percent physical progress in the eastern section and 19 percent in the western section so far.
Nepal's economy to grow by 3.6 percent in 2024: ADB
Published On: April 11, 2024 07:31 PM NPT By: Republica
KATHMANDU, April 11: The Asian Development Bank (ADB) has projected that Nepal’s economy is to grow by 3.6 percent (at market prices) in 2024.
Govt to install modern traffic lights in all major cities across country
Published On: April 11, 2024 04:00 PM NPT By: Republica
KATHMANDU, April 11: The government has put forward a plan to illuminate major cities of the country, including the Kathmandu Valley. As part of this initiative, plans are underway to install modern street lights along the main city streets. Additionally, modern traffic lights will be installed along busy roadways.
Metlife conducts Life Insurance Awareness Program to build financial resilience in underserved communities
Published On: April 11, 2024 03:13 PM NPT By: Republica
KATHMANDU, April 11: MetLife Nepal is conducting its Life Insurance Awareness Program to more communities, helping families across the country to build their financial knowledge and resilience.
Mediam by Aleph becomes official Google media sales representative in Nepal
Published On: April 11, 2024 01:51 PM NPT By: Republica
KATHMANDU, April 11: Mediam by Aleph, a member of the Aleph Group's global network of digital experts and technology-driven solutions, has announced its new role as an Official Google Media Sales Representative in Nepal, in a significant move to boost the digital marketing landscape in the country. This partnership is poised to transform the way local agencies and advertisers leverage Google Ads for impactful digital campaigns.
Nepal fifth among global importers of Indian natural rubber
Published On: April 11, 2024 01:50 PM NPT By: Republica
KATHMANDU, April 11: India has engaged in the natural rubber trade since 1902 and ranks as the world’s sixth-largest rubber producer.
Contracts with four construction companies including Pappu Construction to be terminated
Published On: April 11, 2024 12:50 PM NPT By: Republica
KATHMANDU, April 11: The Road Division Office, Janakpur, has decided to terminate the contracts with four construction companies including Pappu Construction. The Division Office issued a notice on Thursday and said that four construction companies including Pappu Construction will be blacklisted for their failure to fulfill their contractual obligations.
Gold price decreases by Rs 200 per tola
Published On: April 11, 2024 11:31 AM NPT By: Republica
KATHMANDU, April 11: The price of gold has decreased by Rs 200 per tola in the domestic market on Thursday.
Economic slowdown and soaring bad debts hit banks’ profits
Published On: April 11, 2024 07:50 AM NPT By: Republica
KATHMANDU, April 11: The net profits of commercial banks declined 13.37 percent in the first eight months of the current fiscal year, thanks to the economic slowdown and an increase in the bad debts of the banks.
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