Australia willing to invest in Nepal's energy sector

Published On: July 20, 2018 06:25 PM NPT By: Republica

KATHMANDU, July 20: Minister for Energy, Water Resources and Irrigation, Barshaman Pun, and Australian Ambassador to Nepal, Peter Budd, held discussion on the matters of collaboration in energy and hydropower sector.

KATHMANDU, July 20: In the first six months of the year 2018, Nepal welcomed over 520,000 tourists from various parts of the globe.

Drinking water project worth Rs 10 million completes

Published On: July 20, 2018 12:34 PM NPT By: Republica

CHITWAN, July 20: A drinking water project has been constructed at the cost of Rs 10 million at Gadhuwa of Kalika Municipality of eastern Chitwan.

Railborne imports through dry port up 25 percent

Published On: July 20, 2018 01:30 AM NPT By: Republica

BIRGUNJ, July 20: The number of containers coming to Sirsiya Dry Port in Birgunj from third countries via Indian ports increased by nearly 25 percent in Fiscal Year 2017/18. This suggests a healthy growth in the country's third-country imports via the dry port.

Nepse falls for third straight day

Published On: July 20, 2018 12:30 AM NPT By: Republica

KATHMANDU, July 20: Stocks fell sharply over the first trading hour of Thursday's session. Despite staging a partial comeback mid-session, the benchmark Nepal Stock Exchange (Nepse) index continued its downfall toward the end. At the close, the index stood at 1,193.39 points – a drop of 5.38 points, or 0.45 percent, compared to Wednesday.

FDI in 170-megawatt solar plant approved

Published On: July 19, 2018 11:37 AM NPT By: Republica

KATHMANDU, July 19: Investment Board Nepal (IBN) has approved a foreign direct investment proposal of Dolma Fund Management, a Mauritius-based company, to set up a 170 MW solar plant in Nepal.

Financial proposal to pick civil contractor postponed again

Published On: July 19, 2018 11:35 AM NPT By: Republica

KATHMANDU, July 19: The date for opening financial proposal of five firms to award the task of rebuilding Dharahara, which was destroyed in the 2015 earthquake, has been postponed again.

‘Focus of monetary policy on economic growth’

Published On: July 19, 2018 11:08 AM NPT By: Republica

KATHMANDU, July 19: A senior official of Nepal Rastra Bank (NRB) has said that central bank put economic growth in priority while preparing Monetary Policy for Fiscal Year 2018/19.

ISPs not allowed to hike Internet charges: MoIC

Published On: July 19, 2018 11:02 AM NPT By: Republica

KATHMANDU, July 19: The government has clarified that Internet Service Providers (ISPs) are not allowed to raise price of Internet services that they are providing to consumers.

Stocks struggle in lackluster session

Published On: July 19, 2018 10:51 AM NPT By: Republica

KATHMANDU, July 19: The sole equity market of the country witnessed another slow trading session on the second day of the Fiscal Year 2018/19. The benchmark Nepal Stock Exchange (Nepse) index came under pressure since the beginning of Wednesday's trading and remained modestly southbound throughout. The index posted a decline of 5.54 points to close at 1,198.77 points.