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Six questions on India’s rupee shake-up
Published On: November 9, 2016 04:50 PM NPT By: Agencies
Here are answers to key questions surrounding the shock move:
NRB issues directive not to use Rs 500 and Rs 1000 Indian currency notes
Published On: November 9, 2016 02:45 PM NPT By: Republica
KATHMANDU, Nov 9: Nepal Rastra Bank (NRB) today issued directive to the concerned banks, financial institutions and money transfer companies not to use Indian Currency (IC) Rs 500 and Rs 1000 notes effective immediately.
Kulekhani water level lowest in three years
Published On: November 9, 2016 01:00 AM NPT By: Republica
KATHMANDU, Nov 9: Water level in the Kulekhani Reservoir, which feeds two hydropower plants, has reached only 1522.55 meters this year -- the lowest point in three years. This means that only lifeline for stabilizing power supply can generate less electricity this year compared to last year.
Sebon introducing ASBA from mid-January
Published On: November 9, 2016 12:50 AM NPT By: Sagar Ghimire
KATHMANDU, Nov 9: Securities Board of Nepal (Sebon) is implementing Applications Supported by Blocked Amount (ASBA) system on a voluntary basis from mid-January next year i.e. Magh 1.
Janata Bank, Tribeni Bikas Bank sign merger pact
Published On: November 8, 2016 08:30 PM NPT By: Republica
KATHMANDU, Nov 8: Janata Bank Nepal Ltd and Triveni Bikas Bank Ltd have signed a memorandum of understanding (MoU) for merger.
Samsung Digital Plaza in Durbar Marg
Published On: November 8, 2016 08:25 PM NPT By: Republica
KATHMANDU, Nov 8: Samsung Electronics has opened its flagship store, Samsung Digital Plaza, at Durbar Marg.
NIC Asia Bank opens seven new branches
Published On: November 8, 2016 08:20 PM NPT By: Republica
KATHMANDU, Nov 8: NIC Asia Bank Ltd on Tuesday inaugurated its seven new branch offices in different parts of the country.
All paragliding flights halted
Published On: November 8, 2016 03:39 PM NPT By: Republica
POKHARA, Nov 8: Nepal Aviation Sports Association, Pokhara has halted all the paragliding flights on Tuesday.
Valley likely to suffer power cuts from December
Published On: November 8, 2016 03:30 PM NPT By: Laxman Biyogi
KATHMANDU, Nov 8: The power outage is likely to continue as there is less supply of electricity than demand despite some improvement in its infrastructures. The festivals like Dashain, Tihar and Chhat witnessed no load shedding due to closure of industries, sufficient import of electricity from India and around 30 MW internal generation of electricity.
Energy Minister assures to lessen load-shedding
Published On: November 8, 2016 02:51 PM NPT By: Republica
DANG, Nov 8: Minister for Energy Janardan Sharma has said that his Ministry's first priority was ending the load-shedding in the country.
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