KATHMANDU, June 30: The Civil Aviation Authority of Nepal (CAAN) has published a list ofinternational flights to be conducted in July, 2021.

KATHMANDU, June 30: The final phase of testing to generate electricity from the first unit of the under-construction Upper Tamakoshi Hydropower Project in Bigu Rural Municipality of Dolakha is in full swing. The project is scheduled to start generating electricity from the first unit of the 456 MW project with 6 units each of 76 MW starting on Monday. After generating electricity from the first unit, electricity will be generated from the remaining units.

KATHMANDU, June 30: Paddy plantation has been completed in 27.12 percent of the paddyfields across the country as of Tuesday, the day that marked the 18th National Paddy Day.

KATHMANDU, June 29: Nepal Electricity Authority (NEA) has written once again to the industrialists with the dues of dedicated feeders and trunk lines to clear the dues by the end of this fiscal year or face disconnection for defying the notice.

KATHMANDU, June 29: Nepal Airlines Corporation (NAC) has signed an agreement with the Postal Services Department for the distribution of parcels and letters in the international arena.

Stocks tank firmly as quarter-end approaches

Published On: June 29, 2021 06:30 PM NPT By: Republica

KATHMANDU, June 29: The Nepal Stock Exchange (Nepse) opened slightly higher and traded flat in the beginning trading hour. Stocks fell slightly at mid-day before making a modest recovery. However, stocks continued to remain under pressure as the bourse saw a steady decline till Tuesday’s close. Nepse ended the day with a 47.50-point dip at 2,828.

KATHMANDU, June 29: The government has sped up ‘Asare Bikas’-- the year-end rush to exhaust the money allocated for development projects -- in a bid to save it from potential criticisms that it was unable to make enough capital expenditure.

National Paddy Day today

Published On: June 29, 2021 07:22 AM NPT By: Republica

KATHMANDU, June 29: The National Paddy Day and paddy plantation festival is being observed on Tuesday across the nation. Paddy day is observed on Asar 15 [June end] in the lunar calendar every year to mark the paddy cultivation season.

Nepse ends slightly higher; microfinance stocks gain

Published On: June 28, 2021 06:41 PM NPT By: Republica

KATHMANDU, June 28: The Nepal Stock Exchange (Nepse) index opened Monday’s session firmly in green and traded above 2,900 mark briefly. Despite slight correction in the beginning hour, Nepse traded mostly in green in the first half of the session. Stocks plateaued thereafter with a final hour dip dragging the index in the negative territory. A last minute recovery helped the index close with a gain of 5.11 points at 2,875.50.

KATHMANDU, June 28: The government on Sunday inked an agreement with the World Bank (WB) to receive a concessional loan worth US $ 150 million for resilient recovery from the COVID-19 pandemic, protect the most vulnerable, and support sustainable growth.