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Nepse posts solid gains, rises for fifth straight day
Published On: September 6, 2018 08:27 AM NPT By: Republica
KATHMANDU, Sept 6: The sole equity market traded flat for the first hour of the trading session on Wednesday. However, a mid-day surge helped the Nepal Stock Exchange (Index) add more than 33 points to reach an intraday high of 1,243.61 points in the afternoon. The index fell slightly towards the session's end but still managed to close fairly higher with a gain of 23.89 points or 1.97 percent at 1,234.13 points.
Tea workers launch protest demanding implementation of minimum wage
Published On: September 6, 2018 08:07 AM NPT By: Bhim Chapagain
ILAM, Sept 6: Tea workers of eastern Nepal have launched a protest against tea industries following the latter's reluctance to pay them minimum wage fixed by the government.Though the government has revised the minimum wage twice, industries are still paying farmers as per the earlier wage structure.
Dhalkebar substation comes into operation
Published On: September 6, 2018 07:34 AM NPT By: Republica
KATHMANDU, Sept 6: Established for electricity trade between Nepal and India, Dhalkebar substation in Nepal’s Dhanusha district has come into operation from Wednesday. It is the first interconnection between Nepal and India operating at the high voltage capacity of 220 kV.
Work on apartment for poorer quake survivors put on hold since February
Published On: September 6, 2018 07:29 AM NPT By: Rudra Pangeni
KATHMANDU, Sept 6: At a time when Dhurmus Suntali Foundation has developed at least three integrated settlements in earthquake-hit districts and smoothly handed it over to needy people, the government’s plan of building apartments for landless families and quake-hit families living in extreme poverty is not taking off in the absence of a policy to identify beneficiaries.
NOC hikes price of petroleum products
Published On: September 5, 2018 10:49 PM NPT By: Republica
KATHMANDU, Sept 5: Nepal Oil Corporation (NOC) has increased the prices of petroleum products on Wednesday.
Nepal-China transit agreement protocol in final phase
Published On: September 5, 2018 09:11 PM NPT By: Republica
KATHMANDU, Sept 5: The meeting of the government officials from Nepal and China to finalize the transit and transport agreement protocol between the two countries kicked off in the capital city Thursday.
Six traders lose stalls, probe underway against 92 others
Published On: September 5, 2018 10:36 AM NPT By: Arpana Ale Magar
KATHMANDU, Sept 5: Kalimati Fruits and Vegetable Market Development Board has scrapped license of six traders who were found leasing out stalls allotted to them to other parties. The meeting of the board held on Tuesday decided to scrap licenses of traders classified into a red category.
Nepse continues gaining streak
Published On: September 5, 2018 08:08 AM NPT By: Republica
KATHMANDU, Sept 5: Stocks witnessed a slightly volatile session on Tuesday as the benchmark Nepse index swung between gains and losses. The index, which fell more than 3 points to 1,202.68, in the first half of the day's trading, erased its losses in the mid-afternoon trading to climb to the intraday high of 1,214.20. The index, however, pulled back slightly toward the end to close 3.98 percent higher at 1,210.24 points.
Taskforce submits report
Published On: September 5, 2018 08:06 AM NPT By: Republica
KATHMANDU, Sept 5: A task force formed by the Ministry of Industry, Commerce, and Supplies to look into irregularities in Kalimati Fruits and Vegetables Market has suggested a raft of measures to bring about improvements in the largest agricultural market in the country.
Pokhara to have free Wi-Fi spots at 10 public places
Published On: September 5, 2018 07:55 AM NPT By: Republica
POKHARA, Sept 5: Pokhara-Lekhnath Metropolitan City will be offering free Wi-Fi services at 10 public spots in the tourist city of Pokhara.
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