March 30, 2024 10:00 am
KATHMANDU, March 30: The state has incurred a loss due to the flaws in the contract for the installation of embossed number plates on vehicles. The losses have resulted from payment arrangements based on the BOOT (Build-Own-Operate-Transfer) system and contract deal in US dollars.
January 23, 2024 17:40 pm
KATHMANDU, Jan 23: The Nepal Electricity Authority (NEA) disconnected power lines to various industries on December 19, last year, disrupting regular operations for 22 days. This sudden power cut, amid the country's economic downturn, has created additional challenges, leading to significant losses incurred by both the government and industrialists.
June 27, 2018 05:20 am
KATHMANDU, June 27: Nepal Stock Exchange (Nepse) fell below 1,200-point mark on Tuesday. Weakness was visible in the equity market since the beginning of Tuesday's trading with the benchmark index dropping 6 points early in the session.
May 28, 2018 04:30 am
KATHMANDU, May 28: The stock market prolonged its losses further as the Nepal Stock Exchange (Nepse) index lost 17.81 points to close at 1,300.41 points on Sunday. The first trading day of the week witnessed a constant decline of the index which dropped 1.35 percent at the close.
May 25, 2018 08:09 am
KATHMANDU, May 25: The stock market opened on a positive note on Thursday but failed to hold gains as the Nepal Stock Exchange (Nepse) index started its decline after mid-day trading session. Subsequently, the index closed the last trading day of the week 0.76 percent lower at 1,318.22 points.
May 24, 2018 09:20 am
KATHMANDU, May 24: The Nepal Stock Exchange (Nepse) index witnessed another bleak trading session on Wednesday, shedding 4.55 points, or 0.34 percent. The benchmark index closed at 1,328.27 points.
May 8, 2018 06:39 am
KATHMANDU, May 8: Public transport operators are now demanding ‘unlimited insurance’ to meet the additional cost of treatment for injured passengers or third party damages, on top of coverage by insurance policies.
April 18, 2018 05:45 am
BIRGUNJ, April 18: Wheat farmers of Parsa fear that they will not be able to recover even their cost of production this season. Pre-monsoon rains have compounded woes for farmers who were not getting suitable returns on their investment.
April 5, 2018 17:43 pm
KATHMANDU, April 5: Minister for Home Affairs Ram Bahadur Thapa 'Badal' has said that the government was serious to lessen the loss of lives and physical property in disasters.
January 21, 2018 08:49 am
KATHMANDU, Jan 21: Most of the airports in the country are making losses, according to a recent data of the Civil Aviation Authority of Nepal (CAAN).
August 24, 2017 07:11 am
PALPA, August 24: The only medical college in Palpa that distributed the safe motherhood allowance to new mothers has stopped doing so. Lumbini Medical College has stopped providing the allowance to new mothers since a month stating that it pulled out of the agreement with the government because it was bearing loss.
August 17, 2017 17:39 pm
KATHMANDU, Aug 17: The Nepal Electricity Authority (NEA) has been able to reduce its losses significantly by Rs 7 billion in the last fiscal year (2073/074 BS) and its loss now stands at Rs 970 million only.
August 6, 2017 01:45 am
BUTWAL, August 5: Intra-party conflict has started in the CPN-UML and Nepali Congress (NC), the top two parties in the local polls, after their candidates were defeated in various local units where the parties had expected to win. Candidates who lost the elections have blamed fellow party leaders and cadres for their defeat.
July 14, 2017 13:55 pm
ITAHARI, July 14: A massive fire at the main marketplace of Itahari Sub Metropolis – 6 in Sunsari district has inflicted a loss estimated at around Rs 65 million.
July 3, 2017 21:15 pm
KATHMANDU, July 3: Dubai Warriors suffered two defeats in a day in the ongoing Asian Club Premier League (ACPL). The defeats deprived the Warriors of the chance to wrap up the competition among top four.
May 20, 2017 01:00 am
KATHMANDU, May 20: As Sarbottam Dangol, the ruling CPN (Maoist Center)'s mayoral candidate for Kathmandu Metropolitan City (KMC), has received very few votes in the initial counting, the candidate's team and the party leaders have started pointing out various reasons behind the poor performance.
April 7, 2017 20:04 pm
ZURICH, April 7: FIFA finances showed a loss of $369 million last year as American and Swiss corruption investigations added legal costs to the soccer body's budget and scared off sponsors.
September 22, 2016 09:21 am
MADRID, Sept 22: Valencia has fired coach Pako Ayestaran after the team started the season with four straight losses in the Spanish league.
August 12, 2016 00:07 am
KATHMANDU, Aug 12: Rastriya Banijya Bank has decided to distribute Rs 870 million in bonuses to its employees despite its accumulated losses amounting to Rs 4.12 billion. The bank's board meeting last week took a decision to this effect by way of implementation of a Supreme Court order last December to pay out bonuses from profits earned in the last seven years.
July 26, 2016 11:02 am
PYUTHAN, July 26: A woman died when a landslide hit her home at Lung VDC-6 in Pyuthan last night. The deceased has been identified Sobha Rijal.