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Nepal Rastra Bank turns flexible on home loans for first-time home buyers
Published On: March 4, 2020 09:45 AM NPT By: Republica
KATHMANDU, Mar 4: The Nepal Rastra Bank (NRB) has softened its lending limit for first-time homebuyers giving respite to the manufacturers of construction materials that have been running in under capacity.
Banepa hotels, eateries receive quality ratings
Published On: March 4, 2020 09:42 AM NPT By: Madhusudhan Guragain
BANEPA, Mar 4: The Food Technology and Quality Control Office, Dhulikhel, has completed rating of hotels, restaurants party palaces in Banepa Municipality on the basis of food quality and hygiene.
AOAN steps up preparedness against COVID-19
Published On: March 4, 2020 09:26 AM NPT By: Republica
KATHMANDU, Mar 4: The Airlines Operators Association of Nepal (AOAN) has requested passengers suffering from fever and common cold, among other symptoms of coronavirus (COVID-19), to stop flying.
Himalaya Airlines adds A319 aircraft to fleet
Published On: March 4, 2020 09:17 AM NPT By: Republica
KATHMANDU, Mar 4: Himalaya Airlines, the private international airline of Nepal, has added an A319-115 aircraft to its fleet on Monday.
NTA launches apps to test call quality, Internet speed
Published On: March 4, 2020 09:10 AM NPT By: Republica
KATHMANDU, Mar 4: Nepal Telecommunications Authority (NTA) has launched two mobile applications – Call Test and Speed Test – that allow consumers to check their call quality and Internet speed.
Nepse closes in green after two-day slump
Published On: March 4, 2020 09:03 AM NPT By: Republica
KATHMANDU: After sliding more than 50 points in the initial trading hour, the Nepal Stock Exchange (Nepse) index staged a massive recovery recouping all of its morning losses to trade roughly 30 points higher within the first trading hour. The index then gyrated between gains and losses on volatile trading day but largely maintained positive bias. At Tuesday's close, the index stood at 1,509.67 points, up 14.37 points against Monday's session.
Corona effect all-pervasive in Annapurna trek
Published On: March 3, 2020 12:25 PM NPT By: RSS
MANANG, March 3: The Annapurna trekking route has seen no human mobility due to fear stemming from global epidemic of coronavirus.
Govt suspends on-arrival visa facility for five nationalities
Published On: March 3, 2020 11:16 AM NPT By: Republica
KATHMANDU, March 3: Amidst fear of the coronavirus (COVID-19) outbreak in Nepal, the government is taking precautionary measures to prevent the spread of coronavirus from travelers.
NEA asks 22 firms to clear dues for use of dedicated feeders, trunk lines
Published On: March 3, 2020 10:27 AM NPT By: Republica
KATHMANDU, March 3: Nepal Electricity Authority (NEA) that has been criticized for failing to recover the dues of dedicated feeders and trunk lines from number of big industrialists, has now started pressurizing number of factories operating in the Butwal-Bhairahawa Industrial Corridor to clear the dues on the same headings.
Nepse slumps 96 points amid heavy correction
Published On: March 3, 2020 10:24 AM NPT By: Republica
KATHMANDU, March 3: Weakness carried over to Monday's session as the equity market witnessed a sharp slide in the morning. The Nepal Stock Exchange (Nepse) index fell almost 40 points in the beginning half an hour but staged a recovery. Nonetheless, the rebound was short lived as sellers dominated the latter trading session. The index hit its 2 hour lower circuit limit of 5% at 12:46 am before trading was halted for 40 minutes. On the resumption, Nepse sank further 1% to hit the day's negative circuit limit of 6% with more than 1 and a half hour of sessiormal trading hour remaining. With the session cut short, Nepse registered a loss of 96.06 points to settle at 1,495.30 points.
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