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Govt allows use of forest area for construction of Upper Trishuli 3B
Published On: June 29, 2018 05:15 PM NPT By: Republica
KATHMANDU, June 29: The government has decided to allow the use of forest area for the construction of the 37 megawatts Upper Trishuli 3 B Hydropower Project.
Nepse struggles to hold gains in lackluster session
Published On: June 29, 2018 05:20 AM NPT By: Republica
KATHMANDU, June 29: Stocks maintained positive bias for most of the Thursday’s session. However, the initial upward movement subdued in the final hours as the stock market capped another sluggish session with a flat finish. By the close, the Nepal Stock Exchange (Nepse) index stood at 1,198.54 points, posting a marginal decline of 0.88 points.
Qatar Airways starts scheduled flight to Málaga in Spain
Published On: June 29, 2018 05:15 AM NPT By: Republica
KATHMANDU, June 29: Qatar Airways has started non-stop flight between Doha and Málaga of Spain from June 13. Issuing a statement on Thursday, Qatar Airways said that the first to Málaga touched down on 13 June at Málaga-Costa del Sol Airport where it was welcomed by a celebratory water cannon salute.
Eleventh-hour spending continues unabated
Published On: June 29, 2018 05:10 AM NPT By: Mahesh Kumar Das
MAHOTTARI, June 29: Formation of local units across the country was expected to end the trend of wasting government resources by implementing development projects at the eleventh hour. However, local units continue to implement infrastructure projects at the eleventh hour by compromising on quality.
NAC’s first wide-body jet lands in Kathmandu
Published On: June 29, 2018 05:01 AM NPT By: Susheel Bhattarai
KATHMANDU, June 29: Nepal Airlines Corporation (NAC) has taken delivery of the first of two ordered Airbus A330-200 series aircraft. The aircraft landed at Tribhuvan International Airport in Kathmandu at 8 am on Thursday.
End of fiscal year spending results in shoddy work
Published On: June 29, 2018 03:10 AM NPT By: Republica
RUPANDEHI, June 29: The current fiscal year 2017/18 is ending in 15 days. As the clock ticks, government officials in Rupendehi district are brainstorming ways to spend the unspent Rs 2.17 billion budget before the deadline.
Nepal pitches Tamakoshi V for AIIB financing
Published On: June 28, 2018 07:50 AM NPT By: Republica
KATHMANDU, June 28: Nepal has formally sought financing for Tamakoshi V Hydropower Project from Asian Infrastructure Investment Bank (AIIB). The project is designed to be developed at the tail end of the under-construction Upper Tamakoshi Hydropower Project.
Petrol theft by tanker driver on the rise in Pyuthan
Published On: June 28, 2018 05:45 AM NPT By: Shamsher Bikram GC
PYUTHAN, June 28: Petroleum pump operators in the district have filed a complaint at the police, stating that fuel theft during transport was on the rise. They said that supplies that pumps receive are lower than what the Nepalgunj depot of Nepal Oil Corporation (NOC) dispatches.
Agricultural ministry unveils 100-day work progress report
Published On: June 28, 2018 05:30 AM NPT By: Republica
KATHMANDU, June 28: Ministry of Agriculture, Land Management and Cooperative has started taking needful action against 98 traders at Kalimati Vegetable Market after finding that they were doing business flouting rules and regulations of the Kalimati Fruits and Vegetable Development Market Board.
Nepse recovers slightly after two days of loss
Published On: June 28, 2018 05:20 AM NPT By: Republica
KATHMANDU, June 28: Nepal Stock Exchange (Nepse) index started momentum during mid-session on Wednesday after trading essentially fell flat for the first half. However, the market began paring the gains toward the end of the session to close fairly below the day's high.
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