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Hero MotoCorp launches Destini 125 family scooter

Hero MotoCorp launches Destini 125 family scooter
KATHMANDU, April 17: Two-wheeler manufacturer Hero MotoCorp Ltd today launched Destini 125, a family scooter, in the Nepali market. Issuing a press statement Tuesday, the company said that the scooter with its revolutionary i3S technology is the first of its kind to be introduced in Nepal.
Apr 17, 2019
ECONOMY

Stocks close firmly higher stretching New Year gains

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KATHMANDU: Stocks opened Tuesday's trading on a poised note and climbed above 1,190 points mark in the beginning hour. The Nepal Stocks Exchange (Nepse) index continued to see strength in the remaining trading hours and witnessed a surge mid-session that pushed the benchmark index over the crucial 1...
Apr 17, 2019
ECONOMY

Bheri-Babai tunnel drilling completed with TBM

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SURKHET, April 17: The drilling of a tunnel with the use of a Tunnel Boring Machine (TBM) has been completed in Nepal for the first time. With the help of the TBM, the 12.2 kilometer tunnel for the Bheri-Babai Diversion Multipurpose Project, a national pride project, has been completed about a year...
Apr 17, 2019
ECONOMY

Ncell ordered to pay remaining Rs 39.06b tax within 7 days

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KATHMANDU, April 17: Large Taxpayers' Office (LTO) has assessed the tax amount of Ncell buyout and asked the company on Tuesday to pay the remaining capital gains tax (CGT) amounting to Rs 39.06 billion, which includes interest and fine, within seven days.
Apr 17, 2019
ECONOMY

Creating employment govt’s first priority: PM Oli

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SURKHET, April 16: Prime Minister KP Sharma Oli has said that creating employment was the first priority of the government.
Apr 16, 2019
ECONOMY

ECOSOC forum calls for multilateral trading system reform

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UNITED NATIONS, April 16: The 2019 Economic and Social Council (ECOSOC) financing for development forum opened here Monday and its participants called for efforts to reform the multilateral trading system.
Apr 16, 2019
ECONOMY

Govt intensifies work on budget formulation

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KATHMANDU, April 16: The Ministry of Finance (MoF) has intensified work for formulation of federal budget for the upcoming Fiscal Year 2019/20, with less than one and a half months at hand to table the budget in the parliament.
Apr 16, 2019
ECONOMY

27 youth entrepreneurs set up notebook factory investing Rs...

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BHAIRAHAWA, April 16: Twenty-seven youth entrepreneurs have teamed up to establish a notebook factory at Parasahawa in Tilottama Municipality-17, Rupandehi, with an investment of Rs 150 million.
Apr 16, 2019
ECONOMY

Stocks begin year in green

Stocks begin year in green
KATHMANDU, April 16: Stocks began first trading day of the year on a slightly bullish note. The benchmark Nepal Stock Exchange (Nepse) climbed higher in the initial trading hour but gave up all of its gains by mid-session.
Apr 16, 2019
ECONOMY

Govt neglect puts public money at risk

Govt neglect puts public money at risk
KATHMANDU, April 16: The Office of the Auditor General (OAG) has said that the money invested by general public for Kathmandu-Hetauda Tunnel Highway is at risk. But the government appears heedless about protecting the public money.
Apr 16, 2019