Currencies jumpy, stocks stable with all eyes on US election

3 weeks ago

LONDON, November 5 — Stocks were steady on Tuesday but implied volatility ratcheted up in currency markets in an early indication of the market frenzy to come, as the world...

Kabeli Corridor Transmission Line reconstruction completes

3 weeks ago

Kathmandu, November 5 — Reconstruction of the double-circuit 132 kV Kabeli Corridor Transmission Line has been completed.  Floods in the Maikhola river damaged four towers of the transmission line...

Boeing strike ends as workers back 38% pay rise deal

3 weeks ago

BBC News, November 5 — Boeing workers have voted to accept the aviation giant's latest pay offer, ending a damaging seven-week-long walkout. Striking workers can start returning to their...

Gold prices drop by NPR 2,800 after Tihar

3 weeks ago

Kathmandu, November 5 — In the first transaction after Tihar, the price of gold has decreased. According to the Federation of Nepal Gold and Silver Dealers' Association, the price...

TIA to close for 10 hours daily starting November 8

3 weeks ago

Kathmandu, November 5 — Tribhuvan International Airport will be closed for 10 hours daily starting November 8 for runway expansion work. The closure is necessary to construct a taxiway parallel...

VAT on raw materials increases carpet production costs, exports decline

3 weeks ago

Kathmandu, November 5 — By the end of the first quarter of the current fiscal year, Nepal has earned over NPR 3 billion from carpet exports. During this period, 437,565...

Rice production may decline this year

3 weeks ago

Kathmandu, November 4 — This year, rice production may decrease due to adverse weather conditions during the harvest season.      The Ministry of Agriculture and Livestock Development has...

Thai Air Asia resumes flight at TIA

3 weeks ago

Kathmandu, November 4 — The Thai Air Asia has again started operating flights at Tribhuvan International Airport, Kathmandu. It had launched commercial flight from Bhairahawa-based Gautam Buddha International Airport (GBIA)...

Construction of Chilime-Trishuli 220 kV transmission line completes

3 weeks ago

Kathmandu, November 4 — Construction of Chilime-Trishuli 220 kV transmission line has been completed.      This power transmission line is considered significant to supply power to be generated...

Nepali brands shine in global market

3 weeks ago

Kathmandu, November 4 — Nepali carpets, pashmina, sculptures, silverware, and handicrafts have been making their way into the global market for many years. According to the Trade and Export Promotion...

Tanahun Hydropower Project construction continued even during Tihar holidays

3 weeks ago

Tanahun, November 3 — The Tanahun Hydropower Project has continued the project construction works even during the Tihar holidays. Tihar is the second biggest festival of the Nepali Hindus after...

Ride-sharing scams rise during Tihar

3 weeks ago

Kathmandu, November 3 — Sujan Acharya, originally from Gorkha, searched for a ride via Indrive while coming from Thamel to Nepaltar on Sunday afternoon. He waited at Thamel Chowk for...

PM vows to gradually complete already-initiated infrastructure projects

3 weeks ago

Kathmandu, November 3 — Prime Minister KP Sharma Oli has expressed his commitment that the infrastructure construction projects that have been initiated, keeping the nation's development in the centre, will...

Peak electricity demand of 1,602 MW on Lakshmi Puja day

3 weeks ago

Kathmandu, November 1 — This year, on the day of Lakshmi Puja during Tihar, the country recorded a peak electricity demand of 1,602 megawatts. This demand was registered on Thursday...

Jumla supplies apples worth 614 million

3 weeks ago

Jumla, November 1 — The district of Jumla produced a total of 20,511 metric tonnes of apples this year.  Of the total production, the farmers and suppliers exported almost 9,400...