KATHMANDU, Aug 17: Minister for Energy, Water Resources and Irrigation Barshaman Pun has said that the Nepal Electricity Authority’s (NEA) success has also added challenges.

KATHMANDU, Aug 16: A sharp fall in the morning saw the Nepal Stock Exchange (Nepse) index sink over 27 points in the first few minutes of Sunday’s trading session. Some volatility ensued thereafter as the benchmark partially recouped earlier losses within the first half an hour of trading. The Nepse index hovered in the red after mid-day finally settling below the 1,400-point mark at 1,391.46 points. The day’s loss tally was recorded as 17.33 points.

Fifth phase repatriation flights to begin from Monday

Published On: August 16, 2020 08:10 PM NPT By: Republica

Over 40 flights to be operated to evacuate Nepali nationals stranded in various labor destinations

KATHMANDU, Aug 16: Sixteen companies are seeking approval of the Securities Board of Nepal (Sebon) to float their primary shares worth Rs 4.45 billion.

KATHMANDU, Aug 16: The government has introduced a number of waivers, exemptions and reliefs on income tax, fines and interests accrued on tax liabilities for those taxpayers who have either not come under tax net or late on filing tax returns.

KATHMANDU, Aug 16: Minister for Energy, Water Resources and Irrigation Barshaman Pun has directed concerned government officials to increase the share of Nepali migrant workers in the Dhunsakhola and Simbuwakhola Hydropower Project.

KATHMANDU, Aug 15: The Department of Commerce, Supplies and Consumer Protection collected more than Rs 1 million in cash fines from traders on the charge of misconduct in the last one week. It is probably the largest amount of cash penalty that the market regulator submitted to the government treasury within a week’s time.

KATHMANDU, Aug 15: About 86.44 percent of the households across the country now have access to the electricity transmitted through the national grid, according to Nepal Electricity Authority (NEA).

KATHMANDU, Aug 15: Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has urged its members to support containment measures and other health protocols introduced by all three tiers of the government to combat COVID-19.

Stocks close week higher despite Thursday’s losses

Published On: August 14, 2020 08:35 PM NPT By: Republica

KATHMANDU, Aug 14: The stock market opened the week on a firmly upbeat note with the Nepal Stock Exchange (Nepse) benchmark index adding 11.3 points on Sunday, followed by a gain of 37.73 points on Monday.