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ECONOMY

Nepse hovers near 1,300 points

Nepse hovers near 1,300 points
KATHMANDU: Stocks opened Tuesday's trading on a strong note as the Nepal Stock Exchange (Nepse) index rallied more than 11 points in early trading. Nonetheless, the benchmark index pared most of its gains in the afternoon and traded flat for most of the remaining trading hours. Nepse closed the day...
May 08, 2019
ECONOMY

Govt eases procedures for subsidized housing loans for quake...

Govt eases procedures for subsidized housing loans for quake survivors
KATHMANDU, May 8: The government has made it easier for earthquake survivors to apply for concessional loans to rebuild their houses.
May 08, 2019
ECONOMY

Chaudhary Foundation to run Doing Good Index survey in Nepal

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KATHMANDU, May 8: Chaudhary Foundation will run the survey for Doing Good Index (DGI) 2020 in Nepal. At an event organized in Kathmandu on Tuesday, the foundation announced that the survey will examine the environment for philanthropic works and private social investment in the country.
May 08, 2019
ECONOMY

Tea workers intensify protest demanding implementation of mi...

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DAMAK, May 8: Tea workers have intensified their protest, demanding the implementation of Labor Act.
May 08, 2019
ECONOMY

Private sector accuses NEA of overcharging industrial enterp...

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KATHMANDU, May 8: Three professional bodies of private sector have criticized the Nepal Electricity Authority (NEA) for billing industries for electricity that they did not consume.
May 08, 2019
ECONOMY

SC continues stay order on Ncell tax

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KATHMANDU May 8: Giving continuity to the short-term stay order it issued on April 25, the Supreme Court Tuesday directed the government to put the process of collecting capital gains tax (CGT) from telecommunications company Ncell Private Limited on hold.
May 08, 2019
ECONOMY, POLITICS

Policy and program passed with majority

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KATHMANDU, May 7: The meeting today of the House of Representatives has passed with a majority the policy and programs presented by the government for the fiscal year 2076/77.
May 07, 2019
ECONOMY

Lending to service sector jumps 18% as tourism, hotel busine...

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KATHMANDU, May 7: Bank's lending to service industry has jumped by 18 percent over the first eight months of the current fiscal year 2018/19, reflecting buoyant sentiment among investors on what is called a tertiary sector in the economy.
May 07, 2019
ECONOMY

Gandaki Province receives 30 proposals for cable car project...

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POKHARA, May 7: The provincial government of Gandaki has received as many as 30 applications from companies interested to establish cable car service in different districts of the province.
May 07, 2019
ECONOMY, SOCIETY

Melamchi board for pressing on through special decision but...

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KATHMANDU, May 7: A board meeting of the Melamchi Development Committee two weeks ago decided to complete the remaining tasks of the project through fast track contracting and domestic civil contractors, but Minister for Water Supply Bina Magar has not yet tabled the proposal at the cabinet.
May 07, 2019