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Customs officials, security personnel and smugglers are hand in glove in smuggling of goods!
Published On: July 3, 2024 09:44 AM NPT By: Arjun Oli
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.
Dollar stumbles against majors, Aussie boosted by strong domestic job gains
Published On: September 16, 2018 02:30 PM NPT By: Agencies
Sept 16: The U.S. Dollar was pressured most of the week by a pair of weaker-than-expected inflation reports and the news that the U.S. had extended an invitation to China to renew trade talks. However, it was able to recover some of its losses on Friday on the back of upbeat U.S. economic data, higher Treasury yields and reports that Trump administration was getting ready to impose new tariffs.
Govt lifts seal from Nimbus Group’s Probiotech Industries
Published On: September 16, 2018 07:02 AM NPT By: Ritesh Tripathi
BIRGUNJ, Sept 16: The government removed the seal from the plant of Nimbus Group's Probiotech Industries Pvt Ltd, on Friday. The Birgunj-based plant was sealed by the government following an inspection by a team led by Minister for Industry, Commerce and Supplies Matrika Yadav.
First 5-star hotel in Lumbini to start operation next month
Published On: September 16, 2018 06:58 AM NPT By: Binod Pariyar
RUPANDEHI, Sept 16: Hotel Pawan Palace, the first five-star hotel in Lumbini, is set to come into operation from October, following a soft launch on September 28, on the occasion of World Tourism Day. The hotel, built on a sprawling land of 2.12 bigaha, is located at Parsa Chowk along the Bhairahawa-Lumbini highway.
Monopoly of contractors
Published On: September 16, 2018 06:46 AM NPT By: Tanka Chhetri
Contractors demolish tents after shopkeepers refuse to pay demanded tax
16 migrant workers in Saudi Arabia running out of food stock
Published On: September 16, 2018 06:41 AM NPT By: Republica
KATHMANDU, Sept 16: Sixteen Nepali migrant workers are running out of food stock in Saudi Arabia after the company they were working for stopped providing them salary. They ran into trouble after an altercation with the manager of the company, who is an Egyptian national.
Production increase should be first priority for ensuring food sovereignty
Published On: September 15, 2018 03:09 PM NPT By: Republica
KATHMANDU, Sept 15: The Bill Providing for the Right to Food and Food Sovereignty, 2075 BS which was passed by the House of Representatives on Friday, also defines any person who does not own land but who cultivates a piece of land belonging to others taken on lease or contract as farmer.
Trump greenlights tariffs on about $200 billion more in Chinese products – reports
Published On: September 15, 2018 01:00 PM NPT By: Agencies
WASHINGTON DC, Sept 15: US President Donald Trump has reportedly given a go ahead to additional tariffs on Chinese goods worth about $200 billion. The instruction to aides comes despite attempts by the Treasury to restart talks with Beijing.
To tackle water scarcity, Pakistanis crowdsourcing a mammoth dam project
Published On: September 15, 2018 01:00 PM NPT By: Agencies
TEHRAN, Sept 15: According to a recent report by the International Monetary Fund (IMF), Pakistan ranks among the top three countries with acute water scarcity. UN agencies like United Nations Development Program (UNDP) and Pakistan Council of Research in Water Resources (PCRWR) have also sounded alarm bells that Pakistan, which has the world’s fourth-largest rate of water usage, might run entirely dry by 2025.
Nepse climbs for three straight weeks
Published On: September 15, 2018 08:05 AM NPT By: Republica
KATHMANDU, Sept 15: The sole stock market of the country came under pressure in the initial trading sessions of the week. On Sunday, the Nepal Stock Exchange (Nepse) index posted a loss of more than 10 points followed by a drop of over 8 points on Monday. However, the index staged a recovery mid-week by gaining over 6 points on Tuesday. Subsequently, Wednesday and Thursday witnessed a rise of over 13 and 14 points, respectively.
Government waits before raising gold import quota
Published On: September 15, 2018 07:59 AM NPT By: Republica
KATHMANDU, Sept 15: The Ministry of Industry, Commerce and Supplies (MoICS) has been delaying to increase the quota of gold import, exacerbating shortage of the yellow metal in the market. The Nepal Rastra Bank (NRB) had written the ministry six months ago proposing to raise the daily import quota to 25 kg to meet rising demands.
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