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ECONOMY, WORLD

Fed faces tougher task in deciding whether to cut U.S. rates

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NEW YORK, July 7: U.S. employers are hiring workers, but that is only making the Federal Reserve’s job harder.
Jul 07, 2019
ECONOMY, POLITICS

Process to procure pesticide testing machines has begun: Min...

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KATHMANDU, July 7: Government officials have said the installation of well-equipped labs at least at the six major border customs points namely Kakadvitta, Biratnagar, Janakpur, Birgunj, Bhairahawa and Nepalgunj is necessary to start effective pesticide tests for vegetables and fruits coming into th...
Jul 07, 2019
ECONOMY

Lab test still mandatory for Indian fruits, veg at Bhairahaw...

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BHAIRAHAWA, July 7: While the government has revoked its decision to carry out pesticide testing for vegetables and fruits imported from India citing lack of adequate lab facilities, vegetables and fruits from Bhairahawa Customs Office are being imported only after lab test of samples.
Jul 07, 2019
ECONOMY

Upper Trishuli 3 'A' to start generation from first week of...

Upper Trishuli 3 'A' to start generation from first week of August
RASUWA, July 7: Upper Trishuli 'A' Hydropower Project (60 MW) has said that the project will not be able to start commercial generation within the current fiscal year.
Jul 07, 2019
ECONOMY

CAAN to be split into two bodies

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KATHMANDU, July 7: The government has decided to split the Civil Aviation Authority of Nepal (CAAN) into two organizations in a bid to make country's aviation sector more secure and effective.
Jul 06, 2019
ECONOMY

Week's share market sees transaction of over Rs 1.5 billion

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KATHMANDU, July 7: A total of 16 million 99 thousand 963 units of share of 177 companies were traded in the past week.
Jul 06, 2019
ECONOMY, Latest Updates

Export of bitter gourds to Qatar begins, supply inadequate t...

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DHARAN, July 6: Black Diamond Organic Pvt. Ltd. has started exporting organic bitter gourds produced by farmers in Belka Municipality of Udayapur district-the municipality that adjoins the eastern part of Sunsari to Qatar.
Jul 06, 2019
ECONOMY, Latest Updates

Nepal Embassy in Thailand organizes 'Nepal Evening 2019' to...

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KATHMANDU, July 6: Bangkok-based Nepal Embassy organized ‘Nepal Evening 2019’ on Friday in Phuket, Thailand with a view to promoting Nepali tourism and culture as well as attracting foreign investment for the development of the country.
Jul 06, 2019
ECONOMY

Mahendranagar farmers can now rent farm equipment

Mahendranagar farmers can now rent farm equipment
MAHENDRANAGAR, July 6: A custom hiring center that will rent out farm equipment to farmers has come into operation in Mahendranagar.
Jul 06, 2019
ECONOMY

Global IME and Janata Bank sign MoU for merger

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KATHMANDU, July 6: Global IME Bank Ltd and Janata Bank Ltd have agreed to merge, becoming the first pair to announce their intent to amalgamate after the government took a formal policy to encourage ‘big’ merger through the budget for the upcoming fiscal year 2019/20.
Jul 06, 2019