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.

KATHMANDU, Oct 14: The expenditure of Nepal’s federal government is projected to grow by more than five folds in the next 20 years.

SEBON to decide share transactions of BFIs opting merger

Published On: October 13, 2022 08:21 PM NPT By: Republica

KATHMANDU, Oct 13: Nepal Rastra Bank (NRB) has handed over the Securities Board of Nepal (SEBON) with the authority to halt and release shares transactions of the banks and financial institutions (BFIs) set to be merged.

KATHMANDU, Oct 13: The Ministry of Energy, Water Resources and Irrigation (MOEWRI) has asked the Ministry of Finance (MoF) to manage necessary funds to establish an office for day to day operation to expedite the construction of Budhi Gandaki Hydropower Project.

KATHMANDU, Oct 13: Nepal Stock Exchange (Nepse) on Thursday increased marginally by 4.15 points to close at 1,870.63 points.

POKHARA, Oct 13: One of the main obstacles to bring Pokhara Regional International Airport into operation is cutting off the Ritthepani hill, which has not yet started. Ritthepani hill lies on the east of Pokhara Regional International Airport's 'approach' area. As the work of cutting off the hill on the approach has not started, the calibration flight has also been pushed back as a result.

Kaligandaki Hydro Project generates 96 MW of electricity daily

Published On: October 13, 2022 02:42 PM NPT By: Republica

KATHMANDU, Oct 13: Kaligandaki 'A' Hydroelectric Power Project located in Mirmi, Kaligandaki Rural Municipality 7 of Syangja has been producing 96 megawatts of electricity daily.

Finance Minister Sharma attends World Bank meeting

Published On: October 13, 2022 09:45 AM NPT By: Republica

WASHINGTON DC, Oct 13: Finance Minister Janardan Sharma presided over the 53rd Governors' Session of the World Bank Group and the South East Asian Group of the International Monetary Fund on Wednesday.

10 firms keen to receive stock brokerage licenses

Published On: October 13, 2022 07:03 AM NPT By: Republica

KATHMANDU, Oct 12: A total of 10 companies have expedited the process to receive stockbrokers licenses as the deadline to file the application is expiring within the next five days.

KATHMANDU, Oct 12: Nepal will be receiving 30,000 tons of chemical fertilizers being imported through a G2G agreement with India by mid-November.

KATHMANDU, Oct 12: Nepali insurance companies collected a premium of around Rs 34 billion in the first two months of the current fiscal year.