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ECONOMY

Anger rising in India as banks slow to dispense cash to millions

NEW DELHI, Nov 12: Anger rose across India on Saturday as banks struggled to dispense cash after the government withdrew large denomination notes in a shock move aimed at uncovering billions of dollars of unaccounted wealth hidden from the taxman.
7 years ago
ECONOMY

45 MW to be added to the central transmission line

KATHMANDU, Nov 12: The national grid is to get an additional 45 MW in the next 18 months.
7 years ago
ECONOMY

NEA trade unions up in arms against Ghising

KATHMANDU, Nov 12: At a time when Nepal Electricity Authority (NEA) is chalking out plans to eradicate load-shedding altogether under the leadership of its newly appointed managing director Kulman Ghising, two trade unions of the power utility are playing spoilsport.
7 years ago
ECONOMY

Nepse tanks 52 points as BFIs raise interest rates

KATHMANDU, Nov 12: The Nepal Stock Exchange (Nepse) index nosedived 51.95 points this week to close at 1,697.17 points on Thursday--the last trading day of the week.
7 years ago
ECONOMY

NRB may seek proof of earning for exchange

KATHMANDU, Nov 12: Nepal Rastra Bank (NRB) officials have said that they may ask people having 1,000 and 500 Indian rupee bills to furnish proof of the exchange that they had if it decides to provide exchange facility for people holding Indian currency legally.
7 years ago
ECONOMY

Colors Pride P85 launched

KATHMANDU, Nov 11: Colors Mobile has brought its new smartphone, Colors Pride P85 with fingerprint sensor, in the Nepali Market.
7 years ago
ECONOMY

Fish festival from Nov 24

KATHMANDU, Nov 11: Nepal Fish Traders' Association is organizing 3rd Fish Festival in Kathmandu from 24.
7 years ago
ECONOMY

IFC, Global IME Bank discuss mutual cooperation

KATHMANDU, Nov 11: The International Finance Corporation (IFC) has held a meeting with Global IME Bank Ltd (GIBL) to discuss about mutual cooperation between the two institutions.
7 years ago
ECONOMY

United Cements trains construction workers

KATHMANDU, Nov 11: United Cements have organized a training session on earthquake resilient construction and retrofitting for construction workers.
7 years ago
ECONOMY

Demand-side management works wonders to reduce power cuts

KATHMANDU, Nov 11: It has already been four days since the Nepal Electricity Authority (NEA) started supplying electricity throughout the country round the clock even after industries resumed operation after the festive holidays.
7 years ago

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