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Nepse soars by a whopping 101.07 points on Sunday

Published On: March 13, 2022 06:05 PM NPT By: Republica

KATHMANDU, March 13: Nepal Stock Exchange (Nepse) escalated by a whopping 101.07 points on Sunday after the banks agreed to maintain the interest rate stable for the next few weeks.

35 MW of electricity to be supplied to Ambe Steels within a month

Published On: March 13, 2022 05:25 PM NPT By: Republica

KATHMANDU, March 13: The Nepal Electricity Authority (NEA) has agreed to supply 35 MW of electricity to Ambe Steels industry in the Nepalgunj area of Banke within a month. NEA is currently supplying about 8 MW of electricity to the steel factory.

Transport entrepreneurs reiterate warning to hike passenger fare on their own if govt doesn’t adjust it

Published On: March 13, 2022 04:30 PM NPT By: Republica

KATHMANDU, March 13: Transport entrepreneurs have reiterated their warning to increase the transport fares unilaterally if the government does not adjust the fares by March 22.

Import margins set to solve challenges seen in economy: FinMin

Published On: March 13, 2022 12:38 PM NPT By: Republica

KATHMANDU, March 13: Finance Minister Janardan Sharma has said that provisions have been made for the import margin to solve the challenges seen in the economy.

Nepal gets some respite as pace of BOP negative sees a decline

Published On: March 13, 2022 06:30 AM NPT By: Republica

KATHMANDU, March 13: Nepal’s worsening Balance of Payments (BoP) stood at Rs 247.03 billion in the first seventh month of the current fiscal year, which shows a declining pace in the country’s worsening external macroeconomic indicator compared to the previous months.

Construction of Arun-III Hydro project sees almost 50 percent work progress

Published On: March 12, 2022 06:45 PM NPT By: Republica

KATHMANDU, March 12: Almost half of the construction work of the 900-MW Arun-III Hydropower Project has been completed.

Nepse increased by 19.86 points last week

Published On: March 12, 2022 05:41 PM NPT By: Republica

KATHMANDU, March 12: Nepal Stock Exchange (Nepse) increased by 19.86 points last week.

Paddy worth over Rs 12 billion imported

Published On: March 12, 2022 04:52 PM NPT By: Republica

KATHMANDU, March 12: The country imported paddy worth over Rs 12 billion in the first seven months of the current fiscal year 2021/22. The paddy amounting to 426,357,810 kilogram in weight was imported during this period.

South Korean govt announces to lift quarantine restrictions for foreign arrivals from March 21

Published On: March 12, 2022 04:44 PM NPT By: Republica

SEOUL, March 12: The Government of South Korea has decided to remove the seven-day quarantine restrictions for overseas arrivals from March 21.

China agrees to increase volume of trade via Rasuwagadhi transit

Published On: March 12, 2022 04:15 PM NPT By: Republica

RASUWA, March 12: The quantity of Chinese goods imported through the Rasuwagadhi transit is set to increase. An agreement was reached to increase the volume of Chinese goods imported into Nepal from the transit during 'virtual' talks between the border officials of Rasuwa and Jilung Province in Kerung, according to the District Administration Office.