ECONOMY, SOCIETY, Latest Updates
Kaligandaki ‘A’ to shut down for 3 days for maintenance
Kaligandaki ‘A’ to shut down for 3 days for maintenance
KATHMANDU, Feb 22: Kaligandaki 'A' Hydropower Center, under the ownership of Nepal Electricity Authority (NEA), with a capacity of 144 megawatts, will be closed for maintenance for three days. The first unit powerhouse of Main Inlet Vulb-MIV faced leakage of water from 11 pm on Thursday. The product...
Feb 22, 2020
ECONOMY, Latest Updates
Bheri-Babai Diversion Multipurpose Project completes 40% work
Bheri-Babai Diversion Multipurpose Project completes 40% wor...
SURKHET, Feb 22: The National Pride Project, Bheri-Babai Diversion Multipurpose Project has completed 40% of the construction work. The construction project was started from 2004 to divert the water of Bheri River to Babai and provide irrigation facility to 52,000 hectares of land of Banke and Bardi...
Feb 22, 2020
ECONOMY, Latest Updates
Government to offer Rs 5 million seed capital for innovative businesses
Government to offer Rs 5 million seed capital for innovative...
KATHMANDU, Feb 22: The government has announced that it would provide a seed capital for innovative businesses, start up or entrepreneurs up to a limit of 50% of their project cost.
Feb 22, 2020
ECONOMY, Latest Updates
World Bank says Nepal needs additional investment of $879 million for safer roads
World Bank says Nepal needs additional investment of $879 mi...
KATHMANDU, Feb 22: Nepal needs to invest an estimated additional $879 million in road safety over the next decade to halve its road crash fatalities, according to a new World Bank report.
Feb 22, 2020
Interview, Latest Updates
Daraz provides various platforms to bridge gap between sellers and buyers
Daraz provides various platforms to bridge gap between selle...
Daraz Nepal is a company fully owned by Alibaba Group and runs e-commerce platform to provide wide-range of products under a single roof. After undergoing a massive app redesign in 2018, and further developments in 2019, Daraz said that it has witnessed huge growth. Daraz had a number of campaigns i...
Feb 22, 2020
ECONOMY, Latest Updates
Gold continues hitting new highs
Gold continues hitting new highs
KATHMANDU, Feb 22: The price of gold has hit a new record of Rs 78,100 per tola (11.664 grams) in the domestic market on Friday. According to the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), which fixes the price of the yellow metal in the local market, gold price went up b...
Feb 22, 2020
ECONOMY, Latest Updates
Nepse hits 2-year high after week's broad surge
Nepse hits 2-year high after week's broad surge
KATHMANDU: Nepali stocks saw one of its best weeks as the Nepal Stock Exchange (Nepse) index closed in green in all five trading sessions. Upbeat trading was visible from the very beginning as Sunday was marked by a gain of over 19 points. Subsequently, the index shot up by over 34 points on Monday...
Feb 22, 2020
SOCIETY, Latest Updates
Locals concerned over 'imminent damage' to Mahabharat mountain range
Locals concerned over 'imminent damage' to Mahabharat mounta...
ROLPA, Feb 22: Locals have expressed deep concern over the likely operation of cement factories around the Mahabharata mountain range, arguing that "this will certainly have an irreparable environmental impact". In view of the ongoing environmental impact assessment by Samrat Cement Private Limited,...
Feb 22, 2020
SOCIETY, Latest Updates
Siddharthanagar Municipality disposing of waste on riverbank
Siddharthanagar Municipality disposing of waste on riverbank
BHAIRAHAWA, Feb 22: As Siddharthanangar Municipality in Rupandehi district has no concrete waste management plan, the local government has fixed the Danda River as the dumping site of Bhairahawa, hitting hard the locals living near the river.
Feb 22, 2020
SOCIETY, Latest Updates
55 students in Karnali get life jackets
55 students in Karnali get life jackets
SURKHET, Feb 22: Kabi Ram Nepali, a resident of Mohanyal Rural Municipality-3 of Kailali district, is a high school student. While going to his school, Nepali has to cross the Karnali River risking his life. As there is no bridge over the river, students like Nepali have been risking their lives to...
Feb 22, 2020