Nepse caps end of the year session with 25-point gain

Published On: December 31, 2020 07:00 PM NPT By: Republica

KATHMANDU, Dec 31: Following an upbeat session on Wednesday, the stock market witnessed strength since the beginning of Thursday’s trading. After reaching close to 2,100 level in the morning, the Nepal Stock Exchange (Nepse) index pulled back sharply within the first 15 minutes of trading. Nonetheless, the benchmark held its ground in positive territory throughout the latter trading hours. The index shot up by 50 points at mid-session but gave up some of its gains in late afternoon. At the close, Nepse registered a gain of 25.21 points to end the last trading session of the year 2020 at 2,087.28.

Police arrest owner of Lumbini Sugar Mill for not paying farmers

Published On: December 31, 2020 05:43 PM NPT By: Republica

KATHMANDU, Dec 31: The Police on Thursday arrested Manoj Agrawal, proprietor of Lumbini Sugar Mill, on the charge of not paying the price of sugarcane to farmers.  Lumbini Sugar Mill owes nearly Rs 100 million to the farmers.

Udhyami Nepali to host ‘Business Challenge 2021’

Published On: December 31, 2020 01:59 PM NPT By: Republica

KATHMANDU, Dec 31: Udhyami Nepali is hosting ‘Udhyami Nepali Business Challenge 2021’ where participants can have the chance to secure up to Rs 1 million seed investment.

Bagmati Province govt to establish powdered milk factory

Published On: December 31, 2020 01:22 PM NPT By: RSS

BAGMATI, Dec 31: The Bagmati provincial government is to produce powdered milk through the Provincial Dairy development Board.

Inflow of domestic tourists on the rise in Kanchanjunga

Published On: December 31, 2020 10:33 AM NPT By: RSS

TAPLEJUNG, Dec 31: As many as 70 residents of Taplejung district have reached the Kanchanjunga base camp last month. Over 100 locals of the district are heading to the camp now.

Renewal of labor permit to be made online starting Friday

Published On: December 31, 2020 10:28 AM NPT By: Republica

KATHMANDU, Dec 31: Labor permit for foreign employment will be made available online starting Friday (January 1, 2021), according to the Department of Foreign Employment.

KATHMANDU, Dec 31: Rajani Maharjan of Kirtipur wonders if the ongoing random power cuts are intentional attempts of the Nepal Electricity Board (NEA) to take back the country to an era of load shedding. Since the last two weeks, things have gone worse in the Kirtipur area, and she wonders if 'this is just a trailer of the next chapter of dark age'. She is 'pretty sure' that mafias are super active and says it is upon the public to scrutinize the NEA and the government.

KATHMANDU, Dec 30: The Department of Customs (DoC) has launched a central monitoring system in 14 customs offices in a bid to check anomalies at the main gateways of the goods transacted internationally.

KATHMANDU, Dec 30: Asian Development Bank (ADB) is providing a loan amount worth Rs 18.25 billion (156 million US dollar) for upgrading the electricity grid system in Nepal.

KATHMANDU, Dec 30: Unable to solve the issues related to the shortfall of excise duty stickers, the Inland Revenue Department (IRD) has stepped up preparations to revive a decade old flow meters system for beer manufacturers.