KATHMANDU, Sept 16: A powerful earthquake rattled various parts of the country including Kathmandu Valley early morning Wednesday.

Daily Commentary: Nepse edges lower snapping 5-day winning run

Published On: September 16, 2020 08:33 AM NPT By: Republica

KATHMANDU, Sept 16: The benchmark Nepal Stock Exchange (Nepse) index hovered slightly in green in the opening hours after Tuesday’s trading session. However, extended profit booking pulled the index sharply lower in the afternoon where the index fell as much as 10 points. The index found some footing in the latter hours recouping some of the earlier losses but closed in the red nonetheless. Nepse fell 4.47 points at the session’s close to end at 1,536.04 points.

Video Story: Is Fewa Lake dying a slow death?

Published On: September 16, 2020 08:30 AM NPT By: Republica

Will the Supreme Court verdict on Fewa Lake be ever implemented?

Long-route public transportation services to resume from Sept 17

Published On: September 15, 2020 09:40 PM NPT By: Republica

KATHMANDU, Sept 15: The government has decided to resume long-distance transportation services from September 17.

Ghising says NEA faces massive managerial challenges

Published On: September 15, 2020 08:55 PM NPT By: Republica

KATHMANDU, Sept 15: Kulman Ghising, the outgoing managing director of Nepal Electricity Authority (NEA), said  the state-owned public utility needs to find the market for electricity and improve quality and regularity of electricity.

Govt decides to resume domestic air services from Thursday

Published On: September 15, 2020 07:21 PM NPT By: Republica

KATMANDU, Sept 15: The government has decided to resume the domestic air services starting Thursday, according to Minister for Foreign Affairs and government spokesperson Pradeep Gyawalil.

India’s ban on onion export likely to hit hard Nepali consumers

Published On: September 15, 2020 07:00 PM NPT By: Republica

KATHMANDU, Sept 15: The decision of Indian government to impose a ban on export of all varieties of onion is likely to hit local consumers hard as the price of onion has already seen a steady rise in the domestic market.

The CIAA has failed us

Published On: September 15, 2020 06:40 PM NPT By: Republica

This is the question people ask when the country’s anti-corruption watchdog fails on its duty to control corruption. They ask this when they see that the highest anti-graft body is being selective in its prosecution, sparing those with nexus to power centers, and witch-hunting those with minor cases of bribery. This is the question people ask when the corruption cases peak and yet the proven and suspected corrupt walk freely, when their corruption related deeds are not even investigated. We ask this question in this space with the hope and expectation that the Commission for the Investigation of Abuse of Authority (CIAA) lives up to its mandate, and that it emerges active and strong to combat corruption which is rampant from the center to the periphery.

PM Oli appoints Khatiwada as Chief Economic Advisor

Published On: September 15, 2020 06:38 PM NPT By: Republica

KATHMANDU, Sept 15: The government has appointed former Finance and Communication and Information Technology Minister Yuba Raj Khatiwada as the Chief Economic Advisor of Prime Minister KP Sharma Oli.

KATHMANDU, Sept 15: The Commission for the Investigation of Abuse of Authority (CIAA) has filed a graft case at the Special Court against former vice chancellor of BP Koirala Institute of Health Sciences (BPKIHS), Balbhadra Prasad Das, on the charge of amassing property worth Rs 77.19 million illegally.