ECONOMY
Private sector's role sought in power sector development
Private sector's role sought in power sector development
During discussions held by the Parliamentary Infrastructure Development Committee with those who have sought amendments to the Power Bill 2080 BS, the participants stressed that the Bill should be prepared in a way so that the private sector's involvement in development of the electricity sector cou...
Dec 25, 2024
ECONOMY
Govt prepares roadmap to fund production of 28,500 MW of electricity in next decade
Govt prepares roadmap to fund production of 28,500 MW of ele...
The government, in a bid to expedite its ambitious plan to generate 28,500 MW of electricity in the next one decade, has prepared an ‘Energy Development Roadmap and Working Guideline.’
Dec 25, 2024
ECONOMY
Contractor to pay Rs 88,000 daily penalty starting today due to delay in Gwarko flyover co...
Contractor to pay Rs 88,000 daily penalty starting today due...
If the company can finish the work within three months, it will need to pay a fine of Rs 8 million to the government. Otherwise, the amount will increase.
Dec 24, 2024
ECONOMY
Public debt reaches 2,500 billion, interest payment exceeds development budget
Public debt reaches 2,500 billion, interest payment exceeds...
Nepal's total public debt stands at approximately Rs 2,500 billion.
Dec 24, 2024
SOCIETY
US firm fined over $ 55 million for bribing Nepali officials to secure NAC wide-body aircr...
US firm fined over $ 55 million for bribing Nepali officials...
The Illinois-based company was implicated in bribery schemes involving government officials in Nepal and South Africa, aiming to secure business with state-owned airlines. The AAR admitted to conspiring to pay bribes between 2015 and 2020, resulting in nearly $24 million in illicit profits from the...
Dec 24, 2024
POLITICS
PAC Chair Pokharel sends letter to school to extend his wife’s leave
PAC Chair Pokharel sends letter to school to extend his wife...
The chairman of the Public Accounts Committee (PAC), Rishikesh Pokharel has sent a letter to the school where his wife Anjala Koirala teaches for an extension of work leave. Koirala is absconding in the fraud case of Umagouri Agricultural Cooperative Society in Morang.
Dec 24, 2024
ECONOMY
Nepal exports cardamom worth Rs 3.5 billion
Nepal exports cardamom worth Rs 3.5 billion
The largest share of these exports went to India, with 2,074,500 kg of cardamom worth Rs 3.4563 billion sent across the border.
Dec 24, 2024
POLITICS
Caretakers run RSP as Chairman Lamichhane faces MP suspension on cooperative fraud
Caretakers run RSP as Chairman Lamichhane faces MP suspensio...
Lamichhane, who had not appointed an acting chairman during his two-month police custody, designated Aryal as acting chairman after the charge sheet was filed.
Dec 24, 2024
SOCIETY
Dharahara collects Rs 5.5 million from ticket sales within a month
Dharahara collects Rs 5.5 million from ticket sales within a...
Dharahara will be closed every Wednesday, and around 1,200 people climb the Dharahara daily on other days.
Dec 24, 2024
Market
NEPSE soars 14.11 points as 168 companies increase their market values
NEPSE soars 14.11 points as 168 companies increase their mar...
KATHMANDU, Dec 24: Nepal Stock Exchange (NEPSE) on Tuesday inclined 14.11 points to close at 2,626.31 points.
Dec 24, 2024