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Nepal exports electricity worth Rs 13.4 billion to India in first five months of current FY

Nepal has exported electricity worth Rs 13.4 billion to India in the first five months of the current Fiscal Year (FY) 2024/25.
Dec 21, 2024
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KMC completes 43 infrastructure projects in first five ...

Dec 21, 2024

5,158 applications submitted for startup enterprise loa...

Dec 21, 2024

Beneficiaries of power outages spreading load shedding ...

Dec 21, 2024

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ECONOMY

India cuts export quotas for Maldives

INDIA, June 25: India has lowered the limits on the export of certain essential commodities such as potatoes, onions, and eggs to the Maldives, according to a recent notification, in a move that sparked reports of possible food shortages in the Maldives. This move, though ostensibly based on a new m...
Jun 25, 2018
ECONOMY

U.S. plans limits on Chinese investment in U.S. technology f...

WASHINGTON, June 25: The U.S. Treasury Department is drafting curbs that would block firms with at least 25 percent Chinese ownership from buying U.S. companies with “industrially significant technology,” a government official briefed on the matter said on Sunday.
Jun 25, 2018
ECONOMY

No takers yet for midnight slots at TIA

KATHMANDU, June 25: It has been a month since Tribhuvan International Airport (TIA) started operating 21 hours in a day i.e. till 3 am in the morning. The move was aimed at easing air traffic congestion at TIA by encouraging airlines to shift their day flights to night time or early morning. However...
Jun 25, 2018
ECONOMY

MoHA decides to stop action against non-performing contracto...

KATHMANDU, June 25: Delays and dilly-dallying in infrastructure projects had stopped to some extent following strong moves taken by Minister for Home Affairs Ram Bahadur Thapa against construction entrepreneurs.
Jun 25, 2018
ECONOMY

700 Nepali containers stuck in Kolkata

BIRGUNJ, June 25: Movement of Nepal-bound containers has been affected at the Kolkata port yet again. According to contractors, more than 700 Nepal-bound containers are stock at Kolkata port – the largest transit point for Nepal’s trade with third countries
Jun 25, 2018
ECONOMY

Nepse begins week with a modest gain

KATHMANDU, June 25: The benchmark Nepal Stock Exchange (Nepse) index moved slightly lower in the opening hour of Sunday's trading session before reaching intra-day high of 1,227.74 points. However, the index pulled back sharply during the last trading hour to close with a meager gain of 1.35 points...
Jun 25, 2018
ECONOMY

Rasuwa farmers embrace new technology

RASUWA, June 25: Farmers of Rasuwa are being attracted towards use of modern technology in agriculture. Farmers of Naukunda Rural Municipality are using equipment for plowing the field and de-cobbing maize, among others. Farm equipment has come as a boon to farmers who were facing hard times arrangi...
Jun 25, 2018
ECONOMY

Civil Bank launches ‘smart website’

KATHMANDU, June 25: Civil Bank Ltd has launched its smart website which can be easily operated from both mobile devices and personal computers. Issuing a statement, the commercial bank said that Civil Bank customers can use this website to use all services and facilities provided by the bank.
Jun 25, 2018
ECONOMY

Shree Airlines begins Kathmandu-Rajbiraj flight

KATHMANDU, June 25: Shree Airlines has started scheduled flight to Rajbiraj from Kathmandu from Sunday. The airline used its CRJ 200 series aircraft having 9N AMA call sign for the flight, according to a statement issued by the airline on Sunday.
Jun 25, 2018
ECONOMY

Local unit mulls reopening century-old copper mine

GORKHA, June 25: Preparations are being made to reopen nearly a century old out-of-use copper mine in Gorkha district. The mine is located in the jungles of Khanigaun of Palungtar Municipality-8.
Jun 25, 2018