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ECONOMY, Latest Updates

Construction of Dharan-Chatara-Sindhuli-Hetauda road in fina...

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SINDHULI, Nov 5: The construction of the Dharan-Chatara-Sindhuli-Hetauda road section along the Madan Bhandari Highway is in the final stage, according to the road project.
Nov 05, 2019
ECONOMY, Latest Updates

Deputy Governor suspended with formation of inquiry committe...

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Government move, apparently aimed at firing Shiba Raj Shrestha, follows a request from DoMLI over a money laundering offense
Nov 05, 2019
ECONOMY, Latest Updates

Last minute flight cancelations distress travelers

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POKHARA, Nov 5: At 5:30 pm on Saturday, two airplanes of Buddha and Yeti Airlines were readying to fly to Kathmandu from Pokhara. Passengers were on board the aircraft that were already two hours behind schedule.
Nov 05, 2019
ECONOMY, Latest Updates

Rs 37 billion collected so far to build Budhi Gandaki Hydroe...

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KATHMANDU, Nov 5: The government has mobilized Rs 37.17 billion in infrastructure development tax from import of petroleum products till the end of October.
Nov 05, 2019
ECONOMY, Latest Updates

NAC to operate flights to Guangzhou from mid-December

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KATHMANDU, Nov 4: Nepal Airlines Corporation (NAC) is all set to operate flights to Guangzhou of China from the third week of December.
Nov 04, 2019
ECONOMY, Latest Updates

Pokhara airport to come into operation by December next year...

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LONDON, Nov 4: Minister for Culture, Tourism and Civil Aviation Yogesh Bhattarai has said that the works of national pride projects have been executed faster than expected.
Nov 04, 2019
ECONOMY, Latest Updates

NRB Deputy Governor suspended after formation of inquiry com...

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KATHMANDU, Nov 4: Nepal Rastra Bank’s board meeting held this morning has formed an inquiry committee to probe into allegations made against the central bank’s deputy governor Shiba Raj Shrestha.
Nov 04, 2019
ECONOMY, Latest Updates

NRB Deputy Governor likely to get suspended amid allegation...

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KATHMANDU, Nov 4: The government has instructed Nepal Rastra Bank (NRB) to start an inquiry into Shiba Raj Shrestha, a deputy governor of the central bank, accusing him of ‘working in a way that threatens the financial stability’ of the country.
Nov 04, 2019
ECONOMY, Latest Updates

NEA moves to lower premium tariff for commercial users

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KATHMANDU, Nov 4: Nepal Electricity Authority (NEA) has stepped up to slash the premium tariff of electricity supplied to industrial enterprises through dedicated feeders and trunk lines.
Nov 04, 2019
ECONOMY, Latest Updates

Govt grant expediting private housing reconstruction

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DHULIKHEL, Nov 4: Krishna Prasad Dhital, 48 of Dhulikhel municipality with his family is preparing to move into his newly-constructed home within this week. He has constructed the two-room home with an investment of Rs 1 million of which, Rs 300,000 was provided by the government as subsidy. “Had it...
Nov 04, 2019