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Daily Commentary: Stocks slightly up as market consolidates
Published On: July 9, 2020 07:30 PM NPT By: Republica
KATHMANDU, July 9: Some selling pressure was evident in the initial trading hour as the Nepal Stock Exchange (Nepse) index traded 15 points lower in the morning. Nonetheless, stocks saw upbeat movement after mid-day as the market recouped earlier losses to trade slightly in the green. Subsequently, the market wavered close to its opening level throughout the remaining trading hours. The index ended the day with a modest gain of 4.57 points at 1,331.10.
Flood damages Middle Bhotekoshi Hydroelectric Project, production date likely to be deferred further
Published On: July 9, 2020 07:23 PM NPT By: Republica
KATHMANDU, July 9: The Middle Bhotekoshi Hydroelectric Project, which has already been delayed by half a decade, is very likely to miss even the revised deadline for commercial production as the project was hit by the rain-triggered floods Wednesday night.
Six people arrested on charge of selling gold-inscribed ancient Buddhist scripture
Published On: July 9, 2020 06:09 PM NPT By: Republica
KATHMANDU, July 9: Police have arrested six persons from Chandragiri area in the capital on Thursday as they were bargaining over price to sell ancient religious scripture inscribed with gold.
Public transportation fare to go up by 50%
Published On: July 9, 2020 05:55 PM NPT By: Republica
KATHMANDU, July 9: The government has said that public transportation fare is increasing by 50 percent until the next decision as vehicles are allowed to carry only 50 percent of their total capacity.
Govt decides to operate short-distance public transportation within the district
Published On: July 9, 2020 05:50 PM NPT By: Republica
KATHMANDU, July 9: Although Coronavirus (COVID-19) cases have been increasing at an alarming rate, the government has decided to allow short-distance public transport to resume their service.
FNCCI seeks loan repayment holiday extension for businesses battered by COVID-19
Published On: July 9, 2020 05:01 PM NPT By: Republica
KATHMANDU, July 9: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has sought the deferral of loan repayment to banks and financial institutions (BFIs) until the economy returns to normality.
More than 500,000 quake-destroyed houses rebuilt: NRA
Published On: July 9, 2020 04:33 PM NPT By: Republica
KATHMANDU, July 9: More than 500,000 houses damaged by the 2015 Gorkha earthquake have already been rebuilt, according to the National Reconstruction Authority (NRA).
Health Ministry confirms 108 new cases of coronavirus across the country in the past 24 hours
Published On: July 9, 2020 04:22 PM NPT By: Republica
KATHMANDU, July 9: As many as 108 new cases of coronavirus were confirmed in various parts of the country in the past 24 KATHMANDU, July 9: As many as 108 new cases of coronavirus were confirmed in various parts of the country in the past 24 hours, according to Health Ministry. hours, according to Health Ministry.
India sends ‘diplomatic note’ protesting against Nepal’s decision to endorse new political map
Published On: July 9, 2020 03:43 PM NPT By: Republica
KATHMANDU, July 9: It has been revealed that India has sent a diplomatic note to Nepal, protesting against Kathmandu’s decision to endorse through parliament a new political map that includes Kalapani, Lipu Lekh and Limpiyadhura, Nepali territories currently controlled and occupied by India.
Speaker Sapkota arrives at flood-hit region in Sindhupalchowk
Published On: July 9, 2020 03:15 PM NPT By: Dhruba Dangal
SINDHUPALCHOWK, July 9: The speaker for the House of Representatives, Agni Prasad Sapkota arrived in the flood-hit region on Thursday afternoon.
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