WASHINGTON DC, Sept 9: American multinational technology company Apple Inc. recently claimed that the Trump administration’s proposed US tariffs on $200 billion worth of goods imported on China will increase the prices on some of its products, including the Apple Watch and its AirPods.

KATHMANDU, Sept 9: In April, Prime Minister KP Oli visited project sites of Upper Tamakoshi Project in Dolakha district and directed officials of Upper Tamakoshi Hydropower Limited (UTHL) to complete the national pride project within the extended deadline.

Stronger US dollar threatens external sector stability

Published On: September 9, 2018 08:39 AM NPT By: Republica

KATHMANDU, Sept 9: The value of Nepali currency against the US dollar is on a freefall for the last few weeks. Though the Nepali rupee recovered marginally to Rs 115.08 against a US dollar from the earlier day’s record low of Rs 115.48, the volatility of the currency is likely to put a pressure on the external sector stability of the country.

RASUWA, Sept 9: Trade via Rasuwagadhi along the northern border point has now reopened, but traders say they cannot immediately import goods for the upcoming Teej festival from the China. The reason, according to them,  is lack of containers to supply goods from Kerung, the nearest market in Tibet.

Next Generation Mahindra Pik Up launched in Nepal market

Published On: September 9, 2018 08:28 AM NPT By: Republica

KATHMANDU, Sept 9: Mahindra & Mahindra Ltd showcased its updated version of the Next Generation Mahindra Pik-Up on Friday in Kathmandu.

MOSCOW, Sept 8: Despite being on the verge of an economic crisis, Pakistan’s government has caved to pressure by hardline Islamists to cancel the appointment of a Princeton economist to the Economic Advisory Council.

WASHINGTON DC, Sept 8: An animal rights group has sued the US Department of Agriculture, claiming it blocked the release of information on a Maryland medical lab that experimented on and euthanized thousands of kittens in past decades.

MOSCOW, Sept 8: President Donald Trump told reporters that tariffs on an additional $267 billion worth of Chinese goods are ready to go, in addition to the $200 billion in tariffs the White House has already lined up.

Import of sugar halts for time being: PM Oli

Published On: September 8, 2018 09:38 AM NPT By: Republica

KATHMANDU, Sept 8: Prime Minister KP Sharma Oli has said that the import of sugar would be halted for time being as there was adequate stock in the country.

Fashion Flair & Sentigo–NX brands in town

Published On: September 8, 2018 08:00 AM NPT By: Republica

KATHMANDU, Sept 8: U&S Traders Kathmandu has launched Fashion Flair & Sentigo–NX brand of shirting and suiting fabrics in the Nepali market. The brand is a production of Shivani Clothing & Kanchan Inc based in India's Mumbai.