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ECONOMY

Dozens of micro hydro projects of Rukum under threat

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RUKUM, April 23: Rukum locals and representatives are protesting against the provincial government’s decision to divert the water of Uttar Ganga Hydro Project to Kali Gandaki River. The protestors claim that the move would bring several micro hydropower projects to closure apart from affecting water...
Apr 23, 2019
ECONOMY

Penstock pipe installation in lower vertical shaft from May...

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DOLAKHA, April 23: The contractor of Upper Tamakoshi Hydropower Project is beginning the installation of penstock pipes in the lower vertical shaft of the mega hydropower project from May 5.
Apr 23, 2019
ECONOMY

Fruit nursery works wonders for Khotang farmer

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KHOTANG, April 23: Ramnidhi Acharya, a farmer of Yamkha in Diprung Chuichumma Rural Municipality, is making handsome money by producing saplings of different fruits and spices in his nursery. Staying within the country, he has set an example for other locals who keep saying that there is no opportun...
Apr 23, 2019
ECONOMY

New co-ops regulations lay out forceful merger provision

New co-ops regulations lay out forceful merger provision
KATHMANDU, April 23: The government has set standards on registration of new savings and credit cooperatives amid concerns about their growing concentration in urban areas.
Apr 23, 2019
ECONOMY

Ncell goes to SC over tax assessment

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KATHMANDU, April 23: Ncell Private Limited has challenged the capital gains tax assessment made by the Large Taxpayers Office, at the Supreme Court on Sunday.
Apr 23, 2019
ECONOMY

Debt trap warnings over BRI projects motivated by bias: FM G...

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KATHMANDU, April 23: Dismissing suggestions that Nepal could fall into a Chinese debt trap if it chose to take loans under the Belt and Road Initiatives (BRI), Minister for Foreign Affairs Pradeep Kumar Gyawali has said that such suggestions were motivated by bias.
Apr 23, 2019
ECONOMY

Ncell moves Supreme Court against tax determination

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KATHMANDU, April 22: The private telecom company Ncell has filed a writ petition at the Supreme Court on Tuesday arguing that the tax amount determined by the Large Taxpayers’ Office (LTO) earlier last week was not in accordance with the existing law.
Apr 22, 2019
ECONOMY

48 proposals received for 31 projects showcased at investmen...

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KATHMANDU, April 22: Investment Board Nepal (IBN) has said that it has received as many 48 applications for 31 out of 50 projects showcased during the recently held Nepal Investment Summit 2019.
Apr 22, 2019
ECONOMY

Farmers of Dhading embracing new technology

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DHADING, April 22: Ram Sharan Tripathi of Siddhalek Rural Municipality Ward-4 in Dhading has been involved in farming for the past 25 years. Farmers like him had to wait for their turn to use oxen for plowing as there were limited number of oxen in the village. He has now bought a mini tiller which...
Apr 22, 2019
ECONOMY

Karnali Province spent only 12% of budget in 9 months

Karnali Province spent only 12% of budget in 9 months
SURKHET, April 22: Karnali Province has managed to spend only 12 percent, or Rs 3.07 billion, of the allocated Rs 26.28 billion over the first nine months of Fiscal Year 2018/19.
Apr 22, 2019