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Locals obstruct construction of Upper Mailung Hydroelectrici...

Locals obstruct construction of Upper Mailung Hydroelectricity Project
RASUWA, Jan 12: The ongoing construction work of Upper Mailung Hydroelectricity Project at Uttargaya Rural Municipality-1, Rasuwa has been stopped due to the obstruction from the local residents. Putting forward a three-point demand, locals affected by the project have obstructed the construction of...
Jan 12, 2020
ECONOMY, Latest Updates

Finance minister willing to help local entrepreneurs

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BIRGUNJ, Jan 12: Finance Minister Yuba Raj Khatiwada has claimed an improvement in the economic sector of the country. Speaking at the 44th Annual General Meeting (AGM) of Birgunj Chamber of Commerce and Industries, Finance Minister Khatiwada said the country's economic growth country in the current...
Jan 12, 2020
ECONOMY, Latest Updates

After years of stalemate, NOC announces a month’s pay as bon...

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KATHMANDU, Jan 12: Nepal Oil Corporation (NOC) on Saturday announced to provide a month’s pay as a bonus to its employees although its similar announcements in the past were barred by various government bodies including parliamentary committees.
Jan 12, 2020
ECONOMY, Latest Updates

Rs 1.68 million in expedition royalties collected this winte...

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KATHMANDU, Jan 12: The government has collected Rs 1.68 million as royalty as of Saturday from mountaineers for winter expeditions to different mountains.
Jan 12, 2020
ECONOMY, Latest Updates

Expect a 'game changer' in the economic and social sector: F...

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KAYHMANDU, Jan 11: Finance Minister Dr. Yuba Raj Khatiwada has said the overall economic indicators of the country were healthy and the economy was moving ahead on the right trajectory.
Jan 11, 2020
ECONOMY, Latest Updates

Agricultural grants misused in Province 5

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ROLPA, Jan 11: A report has concluded that the budget provided to different co-operatives through the Ministry of Land Management, Agriculture and Co-operative of Province 5 has been misused.
Jan 11, 2020
ECONOMY, Latest Updates

‘Nepal and Bhutan are facing similar problems due to climate...

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KATHMANDU, Jan 11: Minister for Energy, Water Resources and Irrigation, Barshaman Pun has said that Nepal and Bhutan are facing similar problems in the energy sector.
Jan 11, 2020
ECONOMY, Latest Updates

Mirjang Bridge shut down again

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BIRATNAGAR, Jan 11: The Mirjang bridge of Jogbani has been closed from Thursday as the Indian side has closed it for the second phase of maintenance.
Jan 11, 2020
ECONOMY

Nepse shoots up 47 points in week's broad rally

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KATHMANDU: The benchmark index saw considerable strength since the beginning of the week. After rallying more than 16 points on Sunday, the Nepal Stock Exchange (Nepse) index stretched its gaining streak till mid-week. While Monday saw the major average add over 18 points, Tuesday was marked by anot...
Jan 11, 2020
ECONOMY, Latest Updates

10 percent VAT rebate on electronic payments

10 percent VAT rebate on electronic payments
KATHMANDU, Jan 11: Consumers who make purchases through electronic means will now be able to get a 10 percent rebate on the 13 percent VAT they have paid to the government.
Jan 11, 2020