Economy

Power leakage reduced by half in 8 years, 12 bln more income annually

Kathmandu, August 11: Nepal Electricity Authority (NEA) has reduced the electricity leakage through the transmission and distribution system by half over the last eight years. In the fiscal year 2072/73...

Phulbari-Banglabandh checkpoint resumes

Phulbari-Banglabandh checkpoint resumes

Jhapa, August 10: The Phulbari-Banglabandh check point, a trilateral trade route of Nepal, India and Bhutan, has resumed as usual. With the operation of the checkpoint, import from Bangladesh has...
Ghising defends use of truck for NEA bill transport

Ghising defends use of truck for NEA bill transport

Kathmandu, August 9: Kulman Ghising, Executive Director of Nepal Electricity Authority, confirmed that all necessary details have been provided to the Public Accounts Committee (PAC). Ghising explained that while...
Gold price climbs 1,500 per tola

Gold price climbs 1,500 per tola

Kathmandu, August 9: Price of gold has increased by Rs 1,500 per tola (11.66 grams) in the domestic market today, the last trading day of the week. With this, hallmark...
NEA writes to PAC, submits TOD meter data

NEA writes to PAC, submits TOD meter data

Kathmandu, August 8: The Nepal Electricity Authority has submitted approximately 50,000 pages of TOD meter data for industries using tagged and trunk lines to the Public Accounts Committee (PAC). The...
People's Energy seeks SEBON approval for IPO

People's Energy seeks SEBON approval for IPO

Kathmandu, August 8: People's Energy Limited has requested approval from the Securities Board of Nepal (SEBON) to issue an Initial Public Offering (IPO).  The company aims to issue 6.6...
Hyundai launches New Creta in Nepal

Hyundai launches New Creta in Nepal

Kathmandu, August 7: Lakshmi Intercontinental Pvt. Ltd., the official importer and distributor of Hyundai vehicles, has unveiled the new Hyundai Creta.  The updated model features a striking front design...