KATHMANDU, May 7: E-commerce  and delivery companies have expanded their services since the nationwide lockdown began last year in March. The government has now refused to allow them to run their home delivery services.

Myagdi district is self-sufficient in oxygen

Published On: May 7, 2021 09:57 AM NPT By: RSS

MYAGDI, May 7: Myagdi district is self-sufficient in oxygen, a necessity for treating patients suffering from coronavirus and pulmonary complications.

Industrialists say if the government provides cylinders, they will supply sufficient oxygen.

Stocks cap week with a 12 point drop

Published On: May 6, 2021 07:00 PM NPT By: Republica

KATHMANDU, May 6: Stocks opened Thursday’s session in green but gave up early gains quickly as the Nepal Stock Exchange (Nepse) index fell around 18 points in the morning. A recovery pushed the index close to the opening mark, but the market failed to climb towards positive territory. Stocks came under some pressure thereafter with the Nepse closing session at 2,637.13 – down 12.47 points against Wednesday’s close.

KATHMANDU, May 6: The Department of Foreign Employment (DoFE) has decided to suspend issuing work permits to foreign job seekers with effect from Friday.

Minister Tripathi had indicated the middlemen as ‘powerful ghosts’

Nepse extends sideways movement, hydro stocks rally

Published On: May 5, 2021 08:30 PM NPT By: Republica

KATHMANDU, May 5: After opening 20 points higher in the morning, the Nepal Stock Exchange (Nepse) index fell below the opening level within first half hour of trading. The index climbed around 12 points at mid-day, but stocks erased gains to revert to the opening level for the second time in the afternoon. A minor dip in the final hour saw Nepse post a modest loss of 5.09 points to close Wednesday’s trading at 2,649.60.

KATHMANDU, May 5: The second wave of COVID-19 has fuelled the worsening conditions mainly of the people in low income and vulnerable groups, which will aggravate the widening of the gap between the rich and the poor, said Finance Minister Bishnu Prasad Poudel.

KATHMANDU, May 5: The Asian Development Bank (ADB) has launched an Asia Pacific Tax Hub, with the aim to create an open and inclusive platform to promote strategic policy dialogue, improve knowledge-sharing, and strengthen coordination on tax policy and administration among ADB, its members, and development partners.

KATHMANDU, May 5: The Ministry of Culture, Tourism and Civil Aviation has asked the hotels designated as quarantine facilities for those traveling from India via Air Bubble service not to charge more than Rs 3,000 per person per day.