Monday, 20 May 2024 02:50 AM
OR
Login using
Kalimati traders move court against government, hearing begins
Published On: July 17, 2018 08:00 AM NPT By: Arpana Ale Magar
KATHMANDU, July 17: Kalimati Fruits and Vegetable Market Development Board and traders at Kalimati market have submitted their statements at Kathmandu District Court on Monday, regarding a case filed by the traders against the board. It is likely that the court will take one or two more days to give its verdict on the case.
Balance of payment, current account continue to turn deficit
Published On: July 17, 2018 07:57 AM NPT By: Republica
KATHMANDU, July 17: The balance of payment (BoP) position of the country has slightly improved in the eleventh month of the current Fiscal Year 2017/18, but still remains on the negative side. According to the Nepal Rastra Bank (NRB), the overall BoP turned into a deficit of Rs 4.34 billion in the eleventh month of the current Fiscal Year 2017/18 that ends on Tuesday. The deficit was Rs 18.9 billion in the tenth month.
Government spent record Rs 33b Sunday
Published On: July 17, 2018 07:12 AM NPT By: Republica
KATHMANDU, July 17: Despite lofty promises of reining in financial indiscipline and announcement of reforms in project execution, the government made biggest ever single-day payment on Sunday. This indicates the project execution has been done in the eleventh hour with the sole intention to use up the budget before the end of the fiscal year.
Improve communications with Chinese and other potential investors: Yongyang
Published On: July 16, 2018 07:33 AM NPT By: Ayam Shrestha
Chinese company Chongquin Machinary & Electronics Holding (Group) Co Ltd (CME) has partnered with People’s Energy Ltd (PEL) to construct the Khimti-2 Hydroelectricity Power Plant in Nepal. The 48.8 megawatt project of US$ 88 million is to be constructed in the Khimti River situated in the bordering areas of Dolakha and Ramechhap districts. The two companies signed a contract for this purpose on Friday.
Integrated mountain rescue centers remain limited to paper
Published On: July 16, 2018 07:30 AM NPT By: Arpana Ale Magar
KATHMANDU, July 16:The government’s plan to set up integrated rescue centers in Everest and Annapurna regions remains limited only to paper.
First underground electricity line beset with problems
Published On: July 16, 2018 05:00 AM NPT By: Sabita Shrestha
CHITWAN, July 16: Madi Municipality in Chitwan, the only place in the country with underground electricity lines, has been facing electricity cut-offs for the last two weeks.
Policy promoting entrepreneurship stressed
Published On: July 15, 2018 05:24 PM NPT By: Republica
KATHMANDU, July 15: Speakers attending an interaction program here today pointed out the need to formulate policy to promote entrepreneurship and achieve economic prosperity.
Int’l airport spurs star hotel growth in Rupandehi
Published On: July 15, 2018 08:00 AM NPT By: Binod Pariyar
RUPANDEHI, July 15: Nepali entrepreneurs have been increasingly interested toward investing into hotels in Rupandehi district in view of the under-construction Gautam Buddha International Airport (GBIA) at Bhairahawa.
‘Nepalgunj–Delhi flight could be a game changer for Province 5’
Published On: July 15, 2018 07:54 AM NPT By: Republica
KATHMANDU, July 15: Nepali industrialists hope that direct air link between western Nepali town Nepalgunj and Indian capital New Delhi would be a game changer for the economic development of Province 5.
Ginger price falls even after India allows unhindered export
Published On: July 15, 2018 07:49 AM NPT By: Ayam Shrestha
KATHMANDU, July 15: Hike in ginger price was expected after India opened unhindered supply of Nepali fresh ginger effective from July 2. But price of this staple spice has seen a slight fall instead.
Trending
Just In
- CIAA files corruption case against two employees of Tikapur Land Revenue Office
- Infrastructure development gains momentum up in Gandaki Province
- Iran presidential helicopter in 'accident', search underway: state media (Updated)
- Water sources in CNP drying up due to drought, putting wild animals at risk
- Nepal to host int’l dialogue on climate change issues of mountainous countries
- JSP-N Chairman Yadav moves SC to bar seven defected lawmakers from parliamentary activity
- NEPSE surges 45.69 points, daily turnover increases to Rs 5.25 billion
- Police constable murder case: Connection to drugs and eve teasing revealed!