HC remands 13 bankers to judicial custody

Published On: March 19, 2018 05:30 AM NPT By: Republica

KATHMANDU, March 19: The High Court (HC) of Patan on Sunday remanded 13 officials including promoters and high-ranking officials of the erstwhile Apex Development Bank to seven days judicial custody in order to move forward the investigation into a bank loan scam.

Grandstream's new video conferencing system now in Nepal

Published On: March 19, 2018 02:30 AM NPT By: Republica

KATHMANDU, March 19:  Grandstream launched its video conferencing system in Nepal by organizing 'Discover Roadshow' in Kathmandu.

KATHMANDU, March 18: A joint delegation from the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and visiting Confederation of Indian Industry (CII) Sunday called on Prime Minister KP Sharma Oli.

Project cost to reach about Rs 50 billion

Published On: March 18, 2018 08:35 AM NPT By: Rudra Pangeni

KATHMANDU, March 18: The project cost of the much-awaited Upper Tamakoshi Hydropower project is estimated to reach close to Rs 50 billion. This will mean a cost increased of Rs 14 billion.

Nepse recovers 4 points amid hopes of white paper

Published On: March 18, 2018 07:37 AM NPT By: Republica

KATHMANDU, March 18: Nepal Stock Exchange (Nepse) benchmark index recovered 4.27 points this week to close at 1,288.36 points. Though the stocks have been falling rapidly in the last few days, there was relatively a less volatility in the market this week.

Bangladesh sends accredited team for air crash probe

Published On: March 18, 2018 07:36 AM NPT By: Arpana Ale Magar

KATHMANDU, March 18: The government of Bangladesh has assigned a 5-member accredited representative team to Nepal to assist the investigations of last week’s US-Bangla plane crash in Kathmandu. According to the Aviation Management Department of Ministry of Culture, Tourism and Civil Aviation (MoCTCA), the team will land in Kathmandu on Monday.

Bhairahawa ICP fails to commence

Published On: March 18, 2018 07:23 AM NPT By: Rekha Bhusal

BUTWAL, March 18: Although the land acquisition process for the Integrated Check Post at Bhairawaha was completed seven years ago, its construction work has not yet begun. With the aim to ease cross border trade between the two nations, Nepal and India had agreed to set the ICP at Bhairahawa in 2064 B.S.

Robust connectivity, trade emphasized for regional prosperity

Published On: March 18, 2018 07:16 AM NPT By: Republica

KATHMANDU, March 18: Political and business leaders have said that the integration among the South Asian countries is a key to attract foreign direct investment from within the region and also from the rest of the world.

Nepal’s bid to remain among the poorest succeeds

Published On: March 17, 2018 10:25 AM NPT By: Republica

KATHMANDU, March 16: Nepal’s bid to remain the poorest has succeeded after the United Nations (UN) Committee for Development Policy (CDP) did not recommend the country to the UN Economic and Social Council for graduation from the category of Least Developed Countries (LDCs).

Atletico leads powerful cast into Europa League quarters

Published On: March 17, 2018 09:48 AM NPT By: Republica

KATHMANDU, March 16: TU College and DAV College have advanced into the final of the ongoing Golden Gate University Cricket Cup T20 Tournament on Friday.