Early rains damage paddy seedlings in Parsa

Published On: June 27, 2021 09:45 AM NPT By: Republica

PARSA, June 27: Farmers who used to wait for rain for paddy plantation in the past years have been affected by early rainfall this year.

KATHMANDU, June 27: A total of 71 local governments have failed to announce their budgets on time this year despite the constitutional provisions that require these sub-national governments to introduce their annual budgets by June 24 (Asadh 10) every year.

Upper Tamakoshi carrying out test production from Sunday

Published On: June 26, 2021 06:30 PM NPT By: Republica

KATHMANDU, June 26: The Upper Tamakoshi Hydroelectric Project is carrying out a test production starting from Sunday.

Operation of domestic and international flights at TIA normal

Published On: June 26, 2021 04:25 PM NPT By: RSS

KATHMANDU, June 26: Domestic and international flights to and from the Tribhuvan International Airport (TIA) are operating normally despite unfavourable weather in Kathmandu. The Kathmandu Valley has witnessed incessant rain and foggy sky since early this morning.

KATHMANDU, June 25: Stocks stretched their losing run opening the week with a sharp dip. On Sunday, the Nepal Stock Exchange (Nepse) index fell 63.10 points followed by a 70.91 points’ rout on Monday. With the index dipping more than 190 points in five consecutive sessions, the bourse saw notable buying pressure at mid-week. The benchmark recouped 79.43 points on Tuesday. However, the rebound was cut short by further selling pressure towards the end of the week. The Nepse index plunged 53.88 points on Wednesday, while Thursday saw a relatively modest dip of 16.96 points. Overall, the index registered a decline of 125.42 points in the review period, its biggest weekly loss in more than a year. The 4.23%-dip saw the index end at 2,843.

Eight local levels unveil policy and programs in Khotang

Published On: June 25, 2021 11:45 AM NPT By: RSS

KHOTANG, June 25: Eight local levels including two municipalities in Khotang district on Thursday unveiled their policy and programs for the fiscal year 2021/022. Barahapokhari and Kepilasgadhi rural municipalities are yet to unveil their policy and programs.

Five metropolitan cities make budget of Rs 37 billion public

Published On: June 25, 2021 09:55 AM NPT By: Republica

KATHMANDU, June 25: Five out of the six metropolitan cities of the country have made public the budget of more than Rs 37 billion for the fiscal year 2021/22.

Nepal exports goods worth Rs 121 billion in past 11 months

Published On: June 25, 2021 09:19 AM NPT By: Republica

KATHMANDU, June 25: In the first 11 months of the current fiscal year, Nepal exported goods worth Rs 121.25 billion, which is 37.78 percent more than the same period of the last fiscal year, according to the Department of Customs.

KATHMANDU, June 25: The trade unions affiliated to various 29 banks and financial institutions (BFIs) and insurance companies have said that they will not be involved in the Social Security Fund (SSF), an ambitious program enforced by the government, unless there are amendments in the schemes maintained in the SSF.

Stocks cap off week with a modest decline

Published On: June 24, 2021 06:50 PM NPT By: Republica

KATHMANDU, June 24: Despite a higher opening, the Nepalese stock market’s benchmark fell steeply in the first few minutes of trading. Stocks saw choppy trading thereafter and showed a lack of direction but traded mainly in negative territory. A surge in the afternoon pushed the index around 15 points higher but the advance was short-lived with the index pulling back in the closing hour. Nepse finished Thursday’s trading 16.96 points lower at 2,843.