KATHMANDU, Jan 17: The government has waived the demand charge of the electricity consumption for manufacturing industries hit hard by COVID-19 during the lockdown period.

KATHMANDU, Jan 18: Nepal Electricity Authority (NEA) has sought to hike the fee for its infrastructure being used by the internet service providers (ISPs), which is likely to take upward the cost of internet use in the country.

Road expansion drive along Koteshwor-Jadibuti section  starts

Published On: January 17, 2021 08:24 PM NPT By: RSS

KATHMANDU, Jan 17: Road expansion drive along Koteshwor-Jadibuti section has been forwarded.

Volumes increase as Nepse ends above 2,300 mark

Published On: January 17, 2021 07:27 PM NPT By: Republica

KATHMANDU, Jan 17: After witnessing a firmly upbeat trading week, stocks stretched its advance to Sunday’s trading. While the first few minutes of trading was highly volatile, stocks saw stability after mid-day.

KATHMANDU, Jan 17: Former Minister of State for Industry, Commerce and Supplies and industrialist, Moti Lal Dugar, has been appointed the special economic advisor (honorary) to Prime Minister KP Sharma Oli.

KATHMANDU, Jan 17: A total of 103 proposed companies have pledged to invest Rs 72.62 billion in the first half of the current fiscal year at a time when the running industries have been struggling to come to their full business size amid the coronavirus threat.

Nepse near 2,300 points after upbeat trading week

Published On: January 15, 2021 06:56 PM NPT By: Republica

KATHMANDU, Jan 15: Second trading week of January registered an uplifting start with the benchmark Nepal Stock Exchange (Nepse) index rising more than 41 points on Sunday. The buying momentum eased slightly on Monday with the market closing with a modest 3 point’s gain. Nonetheless, the equity market saw further strength on Tuesday’s and Wednesday’s session as the benchmark added 28 points and 18 points, respectively. The market remained closed on Thursday due to public holiday. Overall, the index’s weekly gain tally stood at 92.06 points or 4.2%. Nepse finished the week at 2,286.55.

DRI monitoring 20,000 vehicles daily through VCTS

Published On: January 15, 2021 02:25 PM NPT By: Republica

KATHMANDU, Jan 15: The vehicle and consignment tracking system (VCTS) launched by the Department of Revenue Investigation to control revenue leakage is becoming effective. A total of 103,000 vehicles have been registered in the VCTS, according to the department.

Petroleum dealers postpone their decision to raise fuel price

Published On: January 15, 2021 10:59 AM NPT By: Republica

KATHMANDU, Jan 15: Petroleum Dealers’ Association has postponed the agitation program they had announced earlier against the alleged reluctance of the Nepal Oil Corporation (NOC) to raise their commission for selling petroleum products.

POKHARA, Jan 15: Minister for Culture, Tourism and Civil Aviation Bhanubhakta Dhakal has said he would take initiatives to solve the problems faced by the tourism sector at the earliest.