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Biman Bangladesh to resume flights to Kathmandu from February 18
Published On: January 31, 2021 02:31 PM NPT By: Republica
KATHMANDU, Jan 31: Biman Bangladesh Airlines is all set to resume regular commercial flights in the Dhaka-Kathmandu-Dhaka route from February 18.
NOC increases commission for petroleum dealers
Published On: January 31, 2021 10:15 AM NPT By: Republica
KATHMANDU, Jan 31: The Nepal Oil Corporation (NOC) has agreed to increase the commission paid to petroleum dealers. This comes after the dealers pressed NOC to increase the commission of diesel and petrol by about 36 paisa per liter. The dealers had stated that it was difficult to sustain their business with prior commission rate.
India agrees to sell additional 100 MW electricity to Nepal
Published On: January 31, 2021 07:00 AM NPT By: Republica
KATHMANDU, Jan 31: India has agreed to sell an additional 100 MW of electricity to Nepal. With the new provision, Nepal can now import up to 800 MW of electricity from its southern neighbor.
Indian company SJVN Ltd to be awarded contract for construction of Lower Arun Hydropower Project
Published On: January 30, 2021 07:00 PM NPT By: Republica
KATHMANDU, Jan 30: The government has decided to award the contract for the construction of the Lower Arun Hydropower Project to SJVN Limited, India.
Agriculture and Vegetable Market opens its outlet in Kalanki to provide direct market access to farmers
Published On: January 30, 2021 04:34 PM NPT By: Republica
KATHMANDU, Jan 30: The Agriculture and Vegetable Market has started its outlet in Kalanki, Kathmandu from Friday.
19 firms slapped with cash fine for breaching rule of Vehicle and Consignment Tracking System
Published On: January 30, 2021 04:31 PM NPT By: Republica
KATHMANDU, Jan 30: The Department of Revenue Investigation (DRI) slapped a cash fine of more than Rs 2.42 million on 19 firms for not abiding by the government rule under Vehicle and Consignment Tracking System (VCTS) to evade tax.
Two campaigns from Nepal at The One Show Asia Showcase 2020
Published On: January 30, 2021 03:58 PM NPT By: Republica
KATHMANDU, Jan 30: For the first time, two Nepali advertising campaigns got selected in The One Show Asia.
Nepse posts weekly gain despite Thursday’s drop
Published On: January 30, 2021 10:00 AM NPT By: Republica
KATHMANDU, Jan 30: The Nepal Stock Exchange (Nepse) opened week with a notable gain with the benchmark rallying over 5-points on Sunday. Strength in the equity market carried over to Monday’s trading where Nepse rose another 16 points. Stocks swung between losses and gains thereafter. The index fell almost 18 points on Tuesday but recouped those losses on Wednesday. However, sellers prevailed in the last trading day of the week with the index falling 16.55 points. Consequently, the index closed the week 50.66 points or 2.13% higher at 2,425.30.
Nepal Infrastructure Bank distributes IPO; 6,276 applications cancelled
Published On: January 29, 2021 12:49 PM NPT By: Republica
KATHMANDU, Jan 29: Nepal Infrastructure Bank has distributed its Initial Public Offering (IPO) to the public today.
Most banks report a decline in profits
Published On: January 29, 2021 12:15 PM NPT By: RUDRA KHADKA
KATHMANDU, Jan 29: The impact of the COVID-19 pandemic on the banking sector is beginning to show. Bankers have said that the impact of COVID-19 has started to be felt after the profit of most banks declined in the first six months of the current fiscal year.
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