NFC starts selling goats and mountain goats for Dashain

Published On: October 12, 2018 06:36 AM NPT By: DEEPANJALI KHADKA

KATHMANDU, Oct 12: The National Food Corporation (NFC) has fixed the prices for live goats and mountain goats at Rs 710 and Rs 510 per kg respectively.

House sub-committee find 'collusion' in fixing sugar price

Published On: October 12, 2018 05:25 AM NPT By: Sagar Ghimire

KATHMANDU, Oct 12: A sub-committee formed by the parliament's Public Accounts Committee (PAC) has concluded that various government officials and sugar mills had acted colluded to artificially drive up the price of sugar in the market.

Govt changing design of Bhairahawa, Nepalgunj ICPs

Published On: October 12, 2018 01:15 AM NPT By: Republica

KATHMANDU, Oct 12: The government is revising the design of integrated check posts (ICPs) at Nepalgunj and Bhairahawa, realizing the need for sufficient spaces at the customs point to accommodate large volume of goods.

Market ends week on a positive note

Published On: October 12, 2018 01:10 AM NPT By: Republica

KATHMANDU, Oct 12: Nepal Stock Exchange (Nepse) index gained 9.95 points to close the week at 1,228.28 points on Thursday. Though stocks slid in the first trading hour, a midday rebound helped the benchmark index pare all its initial losses to end the week on a positive note.

NBA lowers deposit rate cap

Published On: October 12, 2018 01:05 AM NPT By: Republica

KATHMANDU, Oct 12: Following widespread complaints that banks have been reluctant to lower their interest rates despite being in a comfortable liquidity position, Nepal Bankers Association (NBA) -- the umbrella organization of 28 commercial banks -- has decided to bring the cap on deposit rates by 0.5 percentage point.

Vehicles worth over Rs 8 billion imported

Published On: October 11, 2018 07:13 PM NPT By: Republica

BIRGUNJ, Oct 11: Vehicles worth Rs 8.28 billion were imported to Nepal from India and other third countries till the first two and a half months of the current fiscal year. Out of total revenue collected from the Birgunj Customs Office, 40 per cent revenue was collected from the vehicles, said Customs Officer Santosh Yadav.

Govt directed to fix sugar price immediately

Published On: October 11, 2018 07:10 PM NPT By: Republica

KATHMANDU, Oct 11: The House of Representative committee on industry, labour and consumers' welfare has directed the government to immediately fix the price of sugar.

NFC to begin sale of goats for Dashain from tomorrow

Published On: October 11, 2018 04:12 PM NPT By: Republica

KATHMANDU, Oct 11: As Dashain Festival is approaching nearer, Nepal Food Corporation (NFC) is starting the sale of goats and Himalayan goats at subsidized rates from Friday.

WASHINGTON, Oct 11: US Senators Chris Murphy and Ron Johnson said in a press release on Wednesday that they have introduced the European Energy Security and Diversification Act to provide new tools for the United States to combat what they characterize is malign Russian influence as well as create economic opportunities at home and abroad.

Freight train arrives in Janakpur from India

Published On: October 11, 2018 10:40 AM NPT By: Suresh Yadav

JANAKPUR, Oct 11: A freight train loaded with around 5,000 tonnes of ballast arrived in Janakpur from Jaynagar of Bihar on Wednesday.