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Govt mulls budget transfer to local bodies based on spending
Published On: March 20, 2018 07:50 AM NPT By: Rudra Pangeni
KATHMANDU, March 20: The federal government is now mulling to stop fiscal transfers to local levels in lump sum in the next fiscal year to cope with the crunch of spendable amount in the government treasury.
India to support rebuild 23 thousand houses in Nuwakot
Published On: March 20, 2018 07:40 AM NPT By: Republica
NUWAKOT, March 20: The Nepal House Reconstruction Project has been implemented here to help in the reconstruction of safe houses for the earthquake survivors.
Ex-king evades Rs 38 million tax: Municipality official
Published On: March 20, 2018 06:38 AM NPT By: YUWARAJ BIWAS
DAMAK, March 20: Himalaya Mahalaxmi Tea Garden based in Damak Municipality, which is owned by the former king Gyanendra Shah, has not paid taxes worth over Rs 38 million. Shah has not paid the taxes even after he was stripped of all state powers and reduced to an ordinary citizen.
NRB paints mixed macroeconomic picture in first seven months of current FY
Published On: March 19, 2018 05:47 PM NPT By: Republica
KATHMANDU, March 19: Consumer price inflation has accelerated to 5.0 percent in mid-February 2018 from 3.3 percent recorded in mid-February 2017, Nepal Rastra Bank (NRB), the central bank, stated in its report entitled 'Current Macroeconomic and Financial Situation of Nepal' released on Monday.
Yamaha launches new consumer scheme for New Year
Published On: March 19, 2018 07:47 AM NPT By: Republica
KATHMANDU, March 19: MAW Enterprises, the authorized distributor of Yamaha motorcycles and scooter in Nepal, has brought a new scheme for its customers targeting the upcoming New Year 2075.
New scheme on Mahindra two-wheelers
Published On: March 19, 2018 07:44 AM NPT By: Republica
KATHMANDU, March 19: Agni Moto Inc -- the authorized distributors for Mahindra Two-wheelers in Nepal -- has launched a new consumer scheme named 'Mahindra Chadau Khusi Multiply Garau'.
Valley onion price drops to lowest in eight months
Published On: March 19, 2018 07:39 AM NPT By: Ayam Shrestha
KATHMANDU, March 19: The price of onions has plummeted over the past week in the Kathmandu Valley. The wholesale price for a kilogram of onion hovered around Rs 33 and Rs 35 last Sunday at the Kalimati Fruits and Vegetable Market. This Sunday, the price went down to an average of Rs 30 per kilogram.
Mountaineering expo to begin from March 23
Published On: March 19, 2018 07:27 AM NPT By: Republica
KATHMANDU, March 19: Global Adventure & Mountaineering Conference and Expo (GAMCE) 2018, jointly organized by Nepal Tourism Board and House of Rajkarnicar, has been scheduled to be held at Hotel Yak & Yeti in Kathmandu on March 23-25.
Improved seeds popular among farmers
Published On: March 19, 2018 07:23 AM NPT By: Yubraj Bibash
DAMAK, March 19: Use of improved seeds has been increased as the number of commercial farmers practicing modern methods of farming is growing in recent years. Farmers in Jhapa have brought seeds processing center into operation. Maharani Jhoda Small Farmers Cooperative Institution has started operating seeds processing center in the district for the comfort of farmers.
Country’s external financial transactions in bad shape: NRB
Published On: March 19, 2018 07:17 AM NPT By: Republica
KATHMANDU, March 19: Country’s financial condition is getting tighter as all indicators of financial transactions with other countries have posted negative indicators.
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