A senior CAAN officer stated, “We aim to launch flights between Dhaka and Pokhara within two months, starting with at least one flight per week.” Both Air Astra and Bangladesh Airlines have shown interest, with a study underway to assess the potential business on the Pokhara-Dhaka route.

CHITWAN, July 8: The Supreme Court has ordered the authorities to stop the distribution of driver's licenses from Chitwan. The court, on July 5, ordered to halt the entire process until further notice after a petition was filed alleging irregularities.

KATHMANDU, July 7: About half of the total credit issued by banks and financial institutions (BFIs) is contributing to increase the trade deficit significantly, shows a study report conducted by the Confederation of Banks and Financial Institutions Nepal (CBFIN).

Himalayan Bank to acquire Civil Bank

Published On: July 7, 2022 06:51 PM NPT By: Republica

KATHMANDU, July 7: Himalayan Bank Limited (HBL) is acquiring Civil Bank Limited (CBL), with both the banks scheduled to sign a memorandum of understanding for the acquisition on Friday.

Nepse loses 16.60 points on Thursday

Published On: July 7, 2022 06:15 PM NPT By: Republica

KATHMANDU, July 7: Nepal Stock Exchange (Nepse) on Thursday fell by 16.60 points to close at 2,027.32 points.

East-West Railway embroiled in compensation for a decade

Published On: July 7, 2022 04:55 PM NPT By: Himal Lamsal

KATHMANDU, June 7: The construction of the East-West Railway — a National Pride Project — started a decade ago. However, the project has not been able to gather speed as the compensation issue for the land acquired for the project’s construction has still not been resolved.

Gold price decreases by Rs 1,400 per tola

Published On: July 7, 2022 02:35 PM NPT By: Republica

KATHMANDU, July 7: The price of gold has fallen by Rs 1,400 per tola today, according to the Federation of Nepal Gold and Silver Dealers Association.

KATHMANDU, July 7:  A 132 KV double circuit transmission line from Yogikuti, Butwal to Mainahiya has come into operation to improve power supply and control technical leakage in the Bhairahawa area of Rupandehi.

Sajha electric buses come into operation from today

Published On: July 7, 2022 01:50 PM NPT By: Republica

KATHMANDU, July 7: Sajha Yatayat has brought three electric buses into operation in Kathmandu from today. Three buses from the Pulchowk-based office of Sajha Yatayat formally launched the service this morning.

Heavy rainfall and storm damage maize crop in Baitadi

Published On: July 7, 2022 11:44 AM NPT By: Bira Gadal

BAITADI, July 7: The heavy rainfall and storm have severely damaged maize crops in various places in Baitadi district.

Govt to accept World Bank’s concessional loan

Published On: July 7, 2022 10:35 AM NPT By: Republica

KATHMANDU, July 7: The government has decided to accept the concessional loan of 59.6 million SDR to be provided by the World Bank for governance of drinking water sector and infrastructure assistance.