ECONOMY
Everest Ad & Event Management supports elderly home
Everest Ad & Event Management supports elderly home
KATHMANDU, July 13: Everest Ad & Event Management, an advertising and event management company, has provided food and other items to Matatirtha Briddhashram Samiti, an elderly home located in Kathmandu. Marking its anniversary, the company distributed 300 kilograms of rice grains, 30 kg pulse grains...
Jul 13, 2019
ECONOMY
Lotse Mall launches scheme for tenants
Lotse Mall launches scheme for tenants
KATHMANDU, July 13: Lotse Mall has announced a scheme for its clients purchasing space at the mall whereby three lucky winners may get a chance to win Suzuki Vitara Brezza, Swift, or Wagon R cars. Issuing a statement, the mall said that the lease period for the purchase of its store spaces will be 2...
Jul 13, 2019
ECONOMY
Mega Capital appointed issue manager for Singati Hydro share
Mega Capital appointed issue manager for Singati Hydro sha...
KATHMANDU, July 13: Singati Hydro Energy Ltd has appointed Mega Capital Markets Ltd as the issue and sales manager of its Initial Public Offering (IPO). The company is preparing to issue 4.35 million unit shares worth Rs 430.50 million for the public at the face value of Rs 100 by mid-October. Among...
Jul 13, 2019
ECONOMY
Nepse closes lower erasing previous week's advance
Nepse closes lower erasing previous week's advance
KATHMANDU, July 13: Stocks pulled back slightly on Sunday extending losses from the preceding session. The Nepal Stock Exchange (Nepse) index fell over 4 points in the day. Subsequently, the index posted further decline of 8 points on Monday. Though the index held ground and traded in the green on T...
Jul 13, 2019
SOCIETY
Monsoon mayhem
Monsoon mayhem
KATHMANDU, July 13: Floods and landslides caused by incessant rains in the past couple of days wreaked havoc across the country, including the Kathmandu Valley on Friday.
Jul 13, 2019
ECONOMY
World Bank renews support to Nepal govt
World Bank renews support to Nepal govt
KATHMANDU, July 12: The World Bank has renewed support to the Government of Nepal under the Second Programmatic Fiscal and Public Financial Management Development Policy Credit Project.
Issuing a press statement, the bank said that the support is to strengthen the country’s efforts towards fiscal f...
Jul 13, 2019
ECONOMY
Cooperatives members required to end multiple memberships by mid-October 2020
Cooperatives members required to end multiple memberships...
KATHMANDU, July 12: The Department of Cooperatives (DoC) has issued a deadline for those who have memberships in more than one cooperative organization–with similar nature and located in the same local unit – to relinquish multiple memberships within the next one and a half years.
Jul 13, 2019
SOCIETY, Latest Updates
Students in remote Jumla compelled to walk four hours to school
Students in remote Jumla compelled to walk four hours to sch...
JUMLA, July 13: It takes around two hours for Punnilal Rawat of Ripi village of Jumla to reach his school. The ninth grader said he gets exhausted by the time he reaches school.
Jul 13, 2019
SOCIETY
Yeti plane runway excursion shuts TIA for 8 hours
Yeti plane runway excursion shuts TIA for 8 hours
KATHMANDU, July 13: After an aircraft of Yeti Airlines skidded off the runway while landing at domestic terminal of Tribhuvan International Airport (TIA) at 11:05 am Friday, the only international airport of the country, and the domestic terminal within the TIA, remained closed for all international...
Jul 13, 2019
SOCIETY
BPKIHS Vice Chancellor arrested
BPKIHS Vice Chancellor arrested
DHARAN, July 12: The Commission for the Investigation of Abuse of Authority (CIAA) on Thursday arrested Vice Chancellor of the BP Koirala Institute of Health Sciences (BPKIHS), Professor Raj Kumar Rauniyar on the charge of taking bribe.
Jul 13, 2019