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, August 3: Ambassador of India to Nepal, Naveen Srivastava had a courtesy meeting with Minister for Energy, Water Resources and Irrigation, Pampha Bhusal on Wednesday.

Baglung’s homestays become deserted

Published On: August 3, 2022 02:09 PM NPT By: Republica

KATHMANDU, August 3: After the onset of the rainy season, the homestays of Baglung have not been witnessing any guests. In the months of June and July, the arrival of tourists in Baglung decreased sharply, while the owners and the staff of the homestays, too, are also busy with farming.

KATHMANDU, August 3: The National Cooperative Federation of Nepal (NCF) has cautioned cooperatives not to invest in unproductive businesses, citing the liquidity crunch seen in the cooperatives.

KATHMANDU, August 2: The Confederation of Nepalese Industries (CNI) has urged the government to annul the decision to raise the rental charge of lands inside the industrial estates.

Nepse corrects by a decline of 2.76 points

Published On: August 2, 2022 03:33 PM NPT By: Republica

KATHMANDU, August 2: Nepal Stock Exchange (Nepse) on Tuesday fell slightly by 2.76 points to close at 2,193.48 points.

GMR commits to finalize financial closure within two years

Published On: August 2, 2022 02:42 PM NPT By: Republica

KATHMANDU, August 2: Indian company GMR, the promoter of the Upper Karnali Hydropower Project, has expressed its commitment to manage the project's finances within two years.

POKHARA, August 2: Tourism entrepreneurs have expressed their objection to the Tourism Act introduced by the Gandaki Provincial government, saying that it will displace tourism businesses instead of establishing them. The Act was passed by the Provincial Assembly last Friday. The entrepreneurs complained that the Act tries to confuse the business rather than making it flourish.

BUTWAL, August 2: Bhairahawa Customs, the second largest in the country, has collected 10 percent less revenue than the target this time. In the last fiscal year 2078/79, the office collected over Rs 115 billion in revenue. This amount is 90.94 percent of the revenue collection target set for the office in the last fiscal year.

Gold price rises

Published On: August 2, 2022 01:46 PM NPT By: Republica

KATHMANDU, August 2: The price of gold has increased by Rs 200 per tola on Tuesday.

CAAN saw its revenue increase by 16.67 percent in FY 2021/2022

Published On: August 2, 2022 09:29 AM NPT By: Republica

KATHMANDU, August 2: Revenue generated by Civil Aviation Authority of Nepal (CAAN) has increased by 16.67 percent in the previous fiscal year 2021/22. The CAAN has made an income of Rs 7.44 billion in the fiscal year along with a rise in airport fees.