Gold prices drop slightly

1 month ago

Kathmandu, September 30 — The price of gold has slightly decreased in the local market on Monday. According to the Federation of Nepal Gold and Silver Dealers Association, the price...

Temporary housing funds to be disbursed within seven days for flood victims

1 month ago

Kathmandu, September 30 — The government has decided to provide immediate relief for constructing temporary shelters for those who have lost their homes due to continuous rain and flooding. ...

NRNA announces assistance of Rs 10 million for disaster-hit people

1 month ago

London, September 30 — The Non-Resident Nepali Association (NRNA) has decided to provide Rs 10 million to the Nepalis affected by floods, landslides and inundation in different parts of the...

Disasters from unregulated structures: 100 billion rupee damage

1 month ago

Kathmandu, September 29 — Heavy rainfall occurred across most parts of the country on Friday and Saturday, with particularly high precipitation in the districts around Bagmati Province. According to the...

Floods cause damage to 16 hydropower projects

1 month ago

Kathmandu, September 29 — Following continuous rainfall, floods and landslides have caused damage to 16 hydropower projects across various regions. According to the Independent Power Producers' Association Nepal (IPPAN), the...

Domestic flights resume regular operations

1 month ago

Kathmandu, September 29 — Domestic flights, which had been disrupted for three days, are now back to regular operations starting today. On Thursday, flights were unable to operate at several...

Distribution of 'clean notes' for Dashain begins today

1 month ago

Kathmandu, September 29 — Distribution of 'clean notes' for Dashain begins today. The Nepal Rastra Bank has arranged for the exchange of such notes starting today, until October 8, 2023....

Main transmission line disrupted, Kathmandu's power supply affected

1 month ago

Kathmandu, September 28 — Kathmandu's main power supply line has been blocked after the Tamakoshi River washed away Tower 7 of the Khimti-Lamasanghu transmission line. This 132 kV line is...

Electricity production halted at Upper Tamakoshi due to landslide

1 month ago

Kathmandu, September 28 — The continuous rainfall has caused landslides that have damaged the structures (headworks) of the 456 MW Upper Tamakoshi Hydropower Project in Dolakha's Bigu Rural Municipality-1, Lamabagar. ...

Dhorpatan mayor Nepali arrested in Delhi

1 month ago

Kathmandu, September 27 — Devkumar Nepali, the mayor of Dhorpatan Municipality in Baglung, has been arrested for embezzling funds from cooperative savers. The police confirmed that he was apprehended...

Improvement in economy noted, yet key metrics still negative

1 month ago

Kathmandu, September 27 — In a span of two days, two major donor agencies, the International Monetary Fund (IMF) and the Asian Development Bank (ADB), have released reports indicating that...

Gold price hits record high: Thanks to U.S. interest rate cuts and global wars

1 month ago

Kathmandu, September 27 — The price of gold increased by NPR 500 per tola (11.66 grams) on friday. After trading at NPR 160,700 on Thursday, the price of gold...

Government to adjust public transport fares after Chhath

1 month ago

Kathmandu, September 27 — Public transportation fares have not been adjusted according to a scientific system for the past 16 months. The last adjustment was made by the government on...

NEPSE index declines by 32.81 points, breaking two-day growth streak

1 month ago

Kathmandu, September 26 — The share market index (NEPSE) did not sustain its growth for the second consecutive day. On the last trading day of the week, Thursday, the market...

NRB reports foreign exchange reserves at $15.58 billion

1 month ago

Kathmandu, September 26 — The Nepal Rastra Bank has released data showing that foreign exchange reserves amounted to $15.58 billion as of the end of Shrawan (July-August). This...