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Republica

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Gandaki province unveils Rs 32. 97 billion annual budget

Published On: June 16, 2024 10:00 AM NPT By: Republica

GANDAKI, June 16: The Gandaki province government on Saturday unveiled annual budget of Rs 32.97 billion in the province assembly meeting.

President Paudel in Germany at the official invitation of his German counterpart

Published On: June 16, 2024 09:30 AM NPT By: Republica

KATHMANDU, June 16: President of Nepal Ram Chandra Paudel reached Berlin on Saturday local time on an official visit to Germany, at the cordial invitation of President of the Federal Republic of Germany Dr Frank-Walter Steinmeier.

NOC slashes fuel prices

Published On: June 16, 2024 08:25 AM NPT By: Republica

KATHMANDU, June 16: The Nepal Oil Corporation (NOC) has decreased the prices of petroleum products on Saturday. According to the NOC, price of petrol has been slashed by Rs 3 per litre, while the prices of diesel and kerosene have been lowered by Rs 1 per litre.

Food factor: On food inflation

Published On: June 16, 2024 07:50 AM NPT By: Republica

Policymakers must keep in mind that inflation hits the poor the hardest

Artificial Intelligence Conference: AI welcomes guests and participants

Published On: June 15, 2024 09:25 PM NPT By: Republica

KATHMANDU, June 15: Artificial intelligence took center stage at the National Artificial Intelligence Conference 2081 held in the capital on Saturday.

KMC to restructure primary education into two levels

Published On: June 15, 2024 08:40 PM NPT By: Republica

KATHMANDU, June 15: Kathmandu Metropolitan City (KMC) has decided to establish two levels of primary education within the metropolitan area to enhance the educational quality of public education.

Commercial banks reduce interest rates except for Himalayan and Nabil

Published On: June 15, 2024 08:05 PM NPT By: Republica

KATHMANDU, June 15: Commercial banks have reduced their interest rates for the month of Ashadh (mid-June to mid-July). Commercial banks have reduced interest rates with effect from June 15. The average interest rate on personal fixed deposits has been fixed at 6.86 percent.

Govt makes 44.68 percent of annual capital expenditure in 11 months of current FY

Published On: June 15, 2024 07:30 PM NPT By: Republica

KATHMANDU, June 15: With just a month left for the conclusion of the current fiscal year, the government has spent only 44.68 percent of the funds allocated for development projects.

Koshi province allocates budget of Rs 35.28 billion for FY 2024/25

Published On: June 15, 2024 06:50 PM NPT By: Republica

BIRATNAGAR, June 15: The Koshi province government has allocated Rs 35.28 billion for the upcoming fiscal year.

NEPSE added 34.11 points, share investors gained Rs 55 billion last week

Published On: June 15, 2024 06:10 PM NPT By: Republica

KATHMANDU, June 15: Nepal Stock Exchange (NEPSE) surged by 34.11 points last week after banks looked forward to reducing their interest rates further in the next month.

CIT providing 14.7368 percent dividend to its shareholders

Published On: June 15, 2024 05:30 PM NPT By: Republica

KATHMANDU, June 15: The Citizen Investment Trust (CIT), a semi-government organization, is providing its shareholders a 14.7368 percent dividend from its earnings of the last fiscal year.

Karnali province allocates Rs 1.16 billion for Chief Minister's Employment Program

Published On: June 15, 2024 05:20 PM NPT By: Republica

SURKHET, June 15: Karnali Province has allocated Rs 1.16 billion for the Chief Minister's Employment Program.

Gold prices fall as US dollar strengthens and inflation is controlled

Published On: June 15, 2024 04:40 PM NPT By: Republica

KATHMANDU, June 15: The price of gold in the global market saw a decline this week. Analysts attribute this decline to the strengthening of the US dollar and the anticipated control of the inflation rate by the US Federal Reserve Board.

Govt extends registration period for auctioned vehicles

Published On: June 15, 2024 04:00 PM NPT By: Republica

KATHMANDU, June 15: The government has extended the registration period for auctioned vehicles by issuing the 15th amendment to the Customs Rules. The new regulations extend the registration period for different types of vehicles based on their age.

All seven provinces to present their budgets for FY 2024/25 today

Published On: June 15, 2024 03:20 PM NPT By: Republica

KATHMANDU, June 15: All seven provinces of the country are set to unveil their budgets for the fiscal year 2024/25 today.

Kathmandu Valley to get some respite from heat later this evening

Published On: June 15, 2024 02:40 PM NPT By: Republica

KATHMANDU, June 15:  The Department of Hydrology and Meteorology has said the Kathmandu Valley will get some respite from the rising temperature later this evening. The temperature declined slightly today.

Death of newly married couple found unconscious in Jawalakhel

Published On: June 15, 2024 02:21 PM NPT By: Republica

KATHMANDU, June 15: A newly-married couple who were found semi-unconscious in Jawalakhel have died.

MCA-Nepal signs second 400kV substation construction contract

Published On: June 15, 2024 02:00 PM NPT By: Republica

KATHMANDU, June 15: MCA-Nepal has awarded a contract to Techno Electric and Engineering Company Ltd, India, to construct a 400 kV Substation at Ratmate in Belkotgadhi Municipality-7, Nuwakot district, as part of implementing the Millennium Challenge Corporation (MCC) Nepal Compact.

​​Dengue infection spreads over 71 districts

Published On: June 15, 2024 01:25 PM NPT By: Republica

KATHMANDU, June 15: Dengue infection has spread over 71 districts of the country. The dengue infection has spread to 57 districts as of May 23, and has now reached 71 districts.

KMC announces 100 percent tax exemption for up to three years for businesses that employ 20 people

Published On: June 15, 2024 12:40 PM NPT By: Republica

KATHMANDU, June 15: Starting from the upcoming fiscal year, Kathmandu Metropolitan City (KMC) has announced a 100 percent business tax exemption for the first three years for businesses that employ at least 20 people.