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Govt, private sector take initiatives for daily Dhaka-Pokhara flights
Published On: June 13, 2024 11:05 AM NPT By: Santosh Pokharel
A senior CAAN officer stated, “We aim to launch flights between Dhaka and Pokhara within two months, starting with at least one flight per week.” Both Air Astra and Bangladesh Airlines have shown interest, with a study underway to assess the potential business on the Pokhara-Dhaka route.
Daily Commentary: Stocks trim previous day losses
Published On: August 18, 2020 08:04 AM NPT By: Republica
KATHMANDU, Aug 17: After opening slightly higher in the morning, the Nepal Stock Exchange (Nepse) index pulled back towards the red to trade over 6 points lower at mid-day. However, the latter trading hours saw the index make a steady recovery to hover flat in the afternoon. A last hour surge finally helped the index register a gain of 10.75 points to close at 1,402.21 points.
Farmers wait for chemical fertilizers weeks after rice plantation is over
Published On: August 17, 2020 08:44 PM NPT By: Republica
KATHMANDU, Aug 17: The Ministry of Agriculture and Livestock Development (MoALD) has pledged yet another time that it will avail the urea fertilizer to the farmers in the next one week. The assurance comes at a time when farmers have almost completed rice plantation, and are at the stage of top dressing.
NEA to launch programs to increase domestic consumption of electricity
Published On: August 17, 2020 08:20 PM NPT By: Republica
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.
Daily Commentary: Nepse ends 17 points lower as earnings take a hit
Published On: August 17, 2020 08:27 AM NPT By: Republica
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
IPOs worth Rs 4.45 billion of various 16 companies in the pipeline
Published On: August 16, 2020 06:15 PM NPT By: Republica
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.
Govt introduces a number of waivers and relief measures for taxpayers late on filing returns
Published On: August 16, 2020 02:30 PM NPT By: Republica
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.
Energy Minister proposes increasing investment share of migrant workers in Dhunsakhola and Simbuwakhola hydro projects
Published On: August 16, 2020 08:23 AM NPT By: Republica
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.
Commerce department collects over Rs 1 million in fines last week from unscrupulous traders
Published On: August 15, 2020 05:45 PM NPT By: Republica
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.
Over 86 percent households have now access to electricity through national grid
Published On: August 15, 2020 09:30 AM NPT By: Republica
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).
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