'Allocation of capital spending will be increased for infrastructure development'

2 months ago

Kathmandu, September 12 — Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel has said government was for increasing allocation of budget for capital spending so that infrastructure development could...

Governor Adhikari says country's economy is improving

2 months ago

Kathmandu, September 12 — Governor of Nepal Rastra Bank (NRB), Maha Prasad Adhikari, has said that the country's economy which witnessed a setback after the Gorkha earthquake and COVID-19 pandemic...

No Progress on additional air routes despite Indian promises

2 months ago

Kathmandu, September 12 — Government of Nepal (GoN) has once again requested India to open additional flight routes. Culture, Tourism, and Civil Aviation Minister Badri Prasad Pandey made this appeal...

Trading volume rises as NEPSE index climbs

2 months ago

Kathmandu, September 12 — The Nepal Stock Exchange (NEPSE) index rose significantly on Thursday, the final trading day of the week. The index increased by 78 points, reaching 2,688. ...

Gold price falls by Rs 100

2 months ago

Kathmandu, September 12 — The price of gold in the Nepalese market has been set at Rs 153,300 per tola on Thursday. This is a decrease of Rs...

A330 aircraft back in Kathmandu after C-check

2 months ago

Kathmandu, September 12 — Nepal Airlines' widebody aircraft, which went to Italy for a C-check (technical inspection), has returned to Kathmandu today after two and a half months. The...

Stock market decline persists; trading volume plummets

2 months ago

Kathmandu, September 11—The stock market index (NEPSE) has been on a decline for several days. After reaching 3,000 points on August 15, the index has been falling steadily. Today...

NRB to withdraw NPR 40 billion from banking system

2 months ago

Kathmandu, September 11 — Nepal Rastra Bank (NRB) will withdraw NPR 40 billion from the banking system on Wednesday. This move comes as loan demand has decreased, prompting the NRB...

Govt. bans operation of TMS during office hours

2 months ago

Kathmandu, September 11 — The government has placed a prohibition on carrying out share transactions in office during the office hours after the government employees were found busy in it...

Gold price reaches new high

2 months ago

Kathmandu, September 11 — Gold prices reached a new high in the Nepalese market on Wednesday. According to the Federation of Nepal Gold and Silver Traders, the price of...

PIL filed at Patan HC for electricity arrears collection

2 months ago

Kathmandu, September 10 — A Public Interest Litigation (PIL) has been filed with the Patan High Court demanding immediate collection of fees for the use of dedicated and trunk lines. ...

Stock market falls again; NEPSE drops 13 points

2 months ago

Kathmandu, September 10 — The stock market index (NEPSE) has been consistently declining in recent days. Today (Tuesday), NEPSE fell by 13 points. The market dropped by 55 points...

Buddha Air bids farewell to ATR 42 with 'water salute'

2 months ago

Kathmandu, September 10 — Buddha Air, the leading private sector airline, has retired its ATR 42 aircraft, registration 9N-AIN, from active service. The aircraft was officially decommissioned on...

Apple told to pay back €13bn in tax by EU

2 months ago

BBC Business, September 10 — Apple has been told to pay back €13bn (£11bn; $14bn) in unpaid taxes to Ireland by the European Court of Justice (ECJ). The EU...

Works on Upper Arun Hydroelectricity Project will be started soon: Energy Minister

2 months ago

Khandbari (Sankhuwasabha), September 10 — Minister for Energy, Water Resources and Irrigation Deepak Khadka has said that works on the Upper Arun Hydropower Project would be started soon.  Addressing...