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Customs officials, security personnel and smugglers are hand in glove in smuggling of goods!
Published On: July 3, 2024 09:44 AM NPT By: Arjun Oli
NEPALGUNJ, July 3: Goods are easily smuggled through the Nepalgunj border in western Nepal, which is connected to India. The smugglers have effectively engaged the customs officials, security personnel and others to smuggle large quantities of goods.
Chitwan records rise in paddy production
Published On: December 4, 2022 11:30 AM NPT By: Republica
CHITWAN, Dec 4: The annual production of paddy has increased in the district this year. Paddy production has increased by 11,486 metric tons in the district this year, according to the Agriculture Knowledge Centre Bharatpur.
Nepal’s remittance earnings to rise to USD 8.5 billion in 2022 from USD 8.2 billion: WB
Published On: December 4, 2022 10:24 AM NPT By: RAJESH KHANAL
The multilateral lending institute cautions Nepal to diversify the migrants’ destinations citing a possible fall next year
NRB removes cash margin provision on imports of construction materials
Published On: December 3, 2022 08:55 PM NPT By: Republica
KATHMANDU, Dec 3: Nepal Rastra Bank (NRB) has removed the mandatory cash margin provision on imports of a number of construction materials while opening letter of credit (LC) by importers.
Import of EVs crosses 1,000 units during mid-July to mid-November
Published On: December 3, 2022 06:20 PM NPT By: Republica
KATHMANDU, Dec 3: Nepal imported more than 1,000 units of electric vehicles (EVs) in the first four months of the current fiscal year.
Nepse bounced back with double digit gains of 27.51 points; shares investors gained Rs 39.58 billion last week
Published On: December 3, 2022 04:44 PM NPT By: Republica
KATHMANDU, Dec 3: Nepal Stock Exchange (Nepse) gained 27.51 points, while investors gained Rs 39.58 billion from the secondary market last week.
NRB in no mood to give in to private sector’s demand on interest rates
Published On: December 2, 2022 09:00 AM NPT By: RAJESH KHANAL
KATHMANDU, Dec 2: While the private sector has warned of hitting the streets to exert pressure on Nepal Rastra Bank (NRB) to reduce the interest rates of banks, NRB Governor Maha Prasad Adhikari on Thursday made it clear that the central bank will not change its decision “just because of the protests by the market players”. The chief executive of the country’s central bank, however, expressed readiness to work with the private sector to fix the interest rates if they stand ready for that option.
NEA earns profits of Rs 8.50 billion in Q1, leakage reduction and energy export are the main contributing factors
Published On: December 2, 2022 08:30 AM NPT By: Republica
KATHMANDU, Dec 2: Nepal Electricity Authority (NEA) earned profits of Rs 8.50 billion in the first three months of the current fiscal year, mainly due to control in electricity leakage and increased sales to India and the domestic market.
Nepse gains 11.22 points, while daily turnover crosses Rs 1.32 billion on Thursday
Published On: December 1, 2022 05:05 PM NPT By: Republica
KATHMANDU, Dec 1: Nepal Stock Exchange (Nepse) on Thursday increased 11.22 points to close at 1,961.06 points.
NEA makes profit of Rs 8.5 billion in first three months of current FY
Published On: December 1, 2022 04:00 PM NPT By: Republica
In the first three months of the current financial year, the Nepal Electricity Authority (NEA) has earned a profit of about Rs 8.5 billion.
Economy is on the mend: NRB
Published On: December 1, 2022 03:00 PM NPT By: Republica
KATHMANDU, Dec 1: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari has said that the economy is improving.
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