Economy

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

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

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

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...
EVs up, charging stations lag

EVs up, charging stations lag

Kathmandu, September 10 — Nepal imported 11,701 electric cars and jeeps in the last fiscal year 2023-24, nearly three times more than the 4,050 imported in the previous fiscal year...
NEPSE index drops by 55 points on Monday

NEPSE index drops by 55 points on Monday

Kathmandu, September 9 — The stock market index NEPSE had a significant drop on Monday. The market index fell by 55 points to 2,646 points, and the sensitive index decreased...
Cooperative victims call off protests

Cooperative victims call off protests

Kathmandu, September 9 — The protest by cooperative victims has been called off following an agreement to form a task force to address their concerns and facilitate the refund of...
10% VAT refund for electronic payments

10% VAT refund for electronic payments

Kathmandu, September 9 – It has been decided that consumers will receive a 10% refund on the value-added tax (VAT) paid if the payment is made electronically. The Internal Revenue...
NEPSE index drops by 25 points on Sunday

NEPSE index drops by 25 points on Sunday

Kathmandu, September 8 —The stock market index fell by 25 points on Sunday, the first trading day of the week. Trading began at 2732 points, peaked at 2770 points, and...
Insurers Association files writ for Corona payouts

Insurers Association files writ for Corona payouts

Kathmandu, September 8 — The Nepal Insurers Association has filed a writ petition at the Supreme Court, seeking payment for Covid-19 insurance claims. The petition, filed by General Secretary...
Gold price down by Rs 1,200 per tola

Gold price down by Rs 1,200 per tola

Kathmandu, Sept 8: The price of gold has decreased by Rs 1,200 per tola in the local market today. A tola is equivalent to 11.66 grammes. According to the...
Work of Tanahun hydropower project resumes

Work of Tanahun hydropower project resumes

Damauli (Tanahun), September 8 — The work of Package I of the 140 MW capacity Tanahun hydropower project under construction in Jhaputar of Rishing Rural Municipality-1 has resumed after 51...
Bill to regulate online business still pending

Bill to regulate online business still pending

Kathmandu, September 7 — The global trend of online shopping continues to grow with the advancement of technology. Major online shopping platforms like Amazon, Alibaba, Walmart, eBay, and AliExpress have...
Finance Committee meeting on Sunday

Finance Committee meeting on Sunday

Kathmandu, September 7 — The Finance Committee under the House of Representatives is scheduled to meet on Sunday.      According to the Federal Parliament Secretariat, the meeting to...