Aircraft purchase deal on CIAA radar

Published On: June 26, 2017 12:50 AM NPT By: Republica

KATHMANDU, June 26: Commission for the Investigation of Abuse of Authority (CIAA) has launched an investigation into the national flag carrier' decision to purchase two wide-body aircraft.

KATHMANDU, June 26: Private sector has suggested that the government and the Nepal Rastra Bank (NRB) directly funnel cash lying idle in the government coffer into the banking channel.

Black frost destroys apples in Jumla

Published On: June 26, 2017 12:30 AM NPT By: DB Buda

JUMLA, June 26: Dhanlaxmi Khatri of Gothichaur-4 had produced nearly eight quintals of apples from 220 trees last year. But this year, black frost has destroyed buds much to the dismay of farmers like Dhanlaxmi.

BIRGUNJ, June 26: Raxaul Railway Station - the point through which cement companies in Birgunj-Pathaliya Corridor import raw materials like clinker, gypsum, slag and fly ash  -- has increased demurrage chare by up to six times.

Budget misuse in drinking water project in Parsa

Published On: June 25, 2017 08:50 AM NPT By: Ritesh Tripathi

BIRGUNJ, June 24: Drinking Water and Sanitation Division in Parsa district has found misuse of budget allocated for a drinking water project.

Agro Shelter wins Social Business Competition

Published On: June 25, 2017 08:41 AM NPT By: Republica

KATHMANDU, June 25: Agro Shelter has bagged the first prize in Social Business Challenge - 2017 jointly organized by Yunus Social Business Center Nepal and King's College in Kathmandu.

Shangri-la brings two new saving products

Published On: June 25, 2017 08:39 AM NPT By: Republica

KATHMANDU, June 25: Shangri-la Development Bank is launching two new saving accounts --   Shangri-la Premium Saving Account and Social Security Saving Account -- on Sunday.

PCCI profits Rs 2.9 million from trade fair

Published On: June 25, 2017 02:15 AM NPT By: Republica

POKHARA, June 24: Pokhara Chamber of Commerce and Industry (PCCI) profited Rs 2.9 million from a trade fair that it organized in December, last year.

FDI inflow doubles amid optimism in economy

Published On: June 25, 2017 01:45 AM NPT By: Republica

KATHMANDU, June 24: The country has received a total of Rs 11.61 billion in foreign direct investment (FDI) in the first ten months of the current fiscal year.

KATHMANDU, June 24: Petroleum distributors in Kathmandu Valley have demanded that the Nepal Oil Corporation (NOC) provide them full compensate for technical loss of around 100 liters of fuel per chamber (of 4,000 liters) during transportation.