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ECONOMY, WORLD

India delays May order for Iran oil, awaits clarity on sanct...

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NEW DELHI, April 9: Indian refiners are holding back from ordering Iranian oil for loading in May pending clarity on whether Washington will extend a waiver from U.S. sanctions against the OPEC-member, four sources said.
Apr 09, 2019
ECONOMY

Finance Committee to discussbudget policies in each province

Finance Committee to discussbudget policies in each province
KATHMANDU, April 9: Amid growing concern over lack of effectiveness of federal government’s budget and programs, parliament’s Finance Committee has formed two separate panels to reach to all provinces to study their respective fiscal policies and programs.
Apr 09, 2019
ECONOMY

WB report identifies 5 key risks for Nepal’s economic outloo...

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KATHMANDU, April 9: The World Bank has pointed out five major risks to the economic outlook of Nepal including reform implementation constraints and vulnerability to natural disasters.
Apr 09, 2019
ECONOMY

Exhibition on Germany's energy transformation system from Ap...

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KATHMANDU, April 9: German Embassy in Kathmandu has announced to organize a 16-day exhibition titled “The German Energiewende: Transforming Germany's Energy System” from April 12.
Apr 09, 2019
ECONOMY

Sugar mills tricked me into restricting imports: PM

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KATHMANDU, April 9: Prime Minister KP Sharma Oli has vented ire against sugar mill owners for 'tricking' him into imposing quantity restrictions on the import of sugar last year.
Apr 09, 2019
ECONOMY

Forces behind lenghty power cuts trying to weaken me: Ghisin...

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KATHMANDU, April 9: Nepal Electricity Authority (NEA) Managing Director Kulman Ghising on Monday said that certain forces, which forced people to live without electricity for as long as 16 hours a day for over a decade, were trying to weaken him.
Apr 09, 2019
ECONOMY

Insurance shares rise as Nepse extends gains

Insurance shares rise as Nepse extends gains
KATHMANDU, April 9: Stocks opened Monday's trading on a positive note. The Nepal Stock Exchange (Nepse) index traded slightly in the red in the morning before posting a rally after mid-day.
Apr 09, 2019
ECONOMY

Soft-launch of VNY 2020 from Pokhara

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KATHMANDU, April 8: The government is set to make a soft-launch of its 'Visit Nepal Year 2020' campaign from Pokhara, a famous tourist destination, on April 13 marking the eve of the Nepali New Year, 2076.
Apr 08, 2019
ECONOMY, POLITICS

Former PM Bhattarai terms country's budget allocation system...

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KATHMANDU, April 8: Former Prime Minister Dr Baburam Bhattarai has said the system of distribution of budget in Nepal takes place in a haphazard manner.
Apr 08, 2019
ECONOMY

PM Oli stresses on partnership with private sector for econo...

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KATHMANDU, April 8: Prime Minister KP Sharma Oli has said that a policy has been adopted for moving ahead forging a partnership with the private sector for industrial progress of the country.
Apr 08, 2019