NEPALGUNJ, July 3: Goods are easily smuggled through the Nepalgunj border in western Nepal, which is connected to India. The smugglers have effectively engaged the customs officials, security personnel and others to smuggle large quantities of goods.

Rasuwagadhi Customs Point misses revenue targets

Published On: September 19, 2018 09:31 AM NPT By: HIMNATH DEVKOTA

RASUWA, Sept 19: Rasuwagadhi Customs Point missed revenue target in the first and second month of Fiscal Year 2018/19 as bad roads took toll on imports and exports via Nepal's only trading point with Tibet Autonomous Region of China.

KATHMANDU, Sept 19: The Nepal Army has now proposed adding two new tunnels and also expanding the previously planned tunnel along the Kathmandu-Tarai Expressway citing fragile geology and the need to manage alignment so as to avoid overlap with the Kanti Rajpath.

MoF says no to supplementary budget

Published On: September 19, 2018 06:15 AM NPT By: Republica

KATHMANDU, Sept 19: Ministry for Finance has denied any possibility of bringing supplementary budget for the current fiscal year.

Nepal proposes G2G deal with Qatar for sending workers

Published On: September 19, 2018 06:00 AM NPT By: Republica

KATHMANDU, Sept 19: Nepal has proposed signing government-to-government (G2G) agreement with Qatar for sending migrant workers to the Gulf state in the coming days.

No more sugar imports this fiscal year: FinMin

Published On: September 19, 2018 05:45 AM NPT By: Republica

KATHMANDU, Sept 19: The country will not be importing sugar until the end of the current fiscal year, a move that is sure to drive sugar prices up in the domestic market.

Resources, local capacity challenges for fiscal federalism: Experts

Published On: September 19, 2018 05:15 AM NPT By: Republica

KATHMANDU, Sept 19: Experts have said that the lack of financial resources combined with the lack of capacity for service delivery at the local level units could become one of the biggest challenges for Nepal's federalism.

Nepse posts modest gain on volatile day

Published On: September 19, 2018 04:45 AM NPT By: Republica

KATHMANDU, Sept 19: Benchmark Nepal Stock Exchange (Nepse) index witnessed a volatile trading session on Tuesday.

51 more traders lose their stalls at Kalimati market

Published On: September 19, 2018 04:15 AM NPT By: Arpana Ale Magar

KATHMANDU, Sept 19: Kalimati Fruits and Vegetables Market Development Board has scrapped stall license of 51 more traders.

IFC calls for more safeguards on hydro project shares to locals

Published On: September 19, 2018 03:45 AM NPT By: Republica

KATHMANDU, Sept 19: There should be more community education and improved regulation to maximize opportunities and minimize risks for locals who want to invest in hydropower projects in Nepal, according to a recommendation made by a study report by the International Finance Corporation (IFC).

Rupee falls to record low of 117.07 against dollar

Published On: September 19, 2018 03:15 AM NPT By: Republica

KATHMANDU, Sept 19: Rupee is showing no sign of a significant recovery as the value of local unit against the US Dollar nosedived to a record low of Rs 117.07 on Wednesday, according to a reference rate set by the Nepal Rastra Bank (NRB).