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Delay in fiscal commission appointments may hit budget transfers

Published On: December 28, 2017 07:30 AM NPT By: Republica

KATHMANDU, Dec 28: Work has started on the budget for next fiscal year but the Ministry of Finance does not yet have a formula for distribution of budget funds to the provinces and local units.

Tourist Information Centre opens in Dhulikhel

Published On: December 28, 2017 05:00 AM NPT By: Madhusudhan Guragain

BANEPA, Dec 28: A tourist information center has been opened at Dhulikhel, of Kavre, to provide necessary information to tourists and to promote tourism attractions in the district.

Banks on lending spree despite slow deposit growth

Published On: December 28, 2017 04:00 AM NPT By: Republica

KATHMANDU, Dec 28: Slow deposit growth has not restrained banks from ramping up their loan disbursements, indicating that lendable funds in the banking industry will soon dry up if the situation does not reverse.

Nepse plunges to nine-month low

Published On: December 28, 2017 03:00 AM NPT By: Republica

KATHMANDU, Dec 28: Nepal Stock Exchange (Nepse) index plunged 21.53 points on Wednesday to close at a nine-month low of 1,425.51 points.

Hishila Maharjan Bags the title of Liril Fresh Face

Published On: December 28, 2017 02:15 AM NPT By: Republica

KATHMANDU, Dec 28: Hishila Maharjan has bagged the title of the 4th Season of Liril Fresh Face. Hishila was declared winner the finale held on Wednesday evening, according to a statement issued by Unilever Nepal.

Power Purchase Agreement renewed

Published On: December 27, 2017 10:10 PM NPT By: Republica

KATHMANDU, Dec 27: The Nepal Electricity Authority (NEA) and Vidhyut Vyapar Nigam (NVVN) Limited of India signed a renewal agreement of power purchase up to 29 March 2018.

Another Chinese company setting up cement plant in Nepal

Published On: December 27, 2017 08:02 PM NPT By: Republica

KATHMANDU, Dec 28:Investment Board Nepal (IBN) has signed a preliminary agreement with Chinese company Huaxin Cement Company to bring foreign investment of Rs 15 billion in a cement factory.

NDL resuming Cetamol production within a month

Published On: December 27, 2017 10:45 AM NPT By: Republica

KATHMANDU, Dec 27: Nepal Drugs Limited (NDL) has said that it would resume production and distribution of its paracetamol brand, Cetamol, within a month.

Only 4 out of 55 LP gas plants have received NS certification

Published On: December 27, 2017 05:15 AM NPT By: Kushal Basnet.

KATHMANDU, Dec 27: Only four out of 55 Liquid Petroleum (LP) gas industries in the country have received quality certification from Nepal Bureau of Standards and Metrology (NBSM).

Prior approval must for BFIs to receive int'l awards

Published On: December 27, 2017 05:00 AM NPT By: Republica

KATHMANDU, Dec 27: Nepal Rastra Bank (NRB) has made it mandatory for bank and financial institutions (BFIs) to seek approval of the central bank before accepting any prize or award from foreign agency.

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