Kathmandu : The Ministry of Finance has said that Prime Minister KP Sharma Oli’s address to the House of Representatives session on January 6 was based on facts. The Ministry has said that its attention has been drawn towards comments made public regarding some financial statistics presented...
Economy
Kathmandu : A contract for the first section (New Khimiti-Bahrabise) under the Tamakoshi-Kathmandu 400 KV transmission line has been cancelled, citing the violation of the terms and conditions.
The Nepal Electricity Authority (NEA) took the move for not meeting the conditions and failing to start...
Kathmandu : India has agreed on ‘energy banking’ so as to use electricity that is in surplus supply in Nepal during the rainy season. The 13th meeting of the Power Exchange Committee (PEC) held in the Indian capital New Delhi on Wednesday decided on ‘energy banking’ between Nepal and...
Kathmandu : Nepal and France dwelt on the matters meant for enhancing bilateral interests and mutual benefits through exchange of employment opportunities. The agenda was discussed at a courtesy meeting between Minister for Labour, Employment and Social Security Gokarna Bista and French Ambassador...
Kathmandu : Qatar’s national bank, Doha Bank, has established its representative office in Kathmandu. Governor of the Nepal Rastra Bank Dr Chiranjivi Nepal inaugurated the office of the Doha Bank on Wednesday.
On the occasion, Governor Dr Nepal viewed that establishment of the contact office...
Galkot : The World Bank is to invest tens of millions of rupees for the infrastructure development of Baglung municipality. Mayor of Baglung municipality Janak Raj Poudel said that the WB is investing approximately Rs 16 billion in 21 municipalities throughout the country, including Baglung...
Kathmandu : The domestic share market that surged for the two straight days on Sunday and Monday was hit by a double-digit fall today, the third day of the week. The Nepal Stock Exchange (NEPSE) index plummeted 14.61 points to close at 1,168.17 points, making the investors disappointed.
According...
Kathmandu :The share investors’ pressure group has unveiled a series of protest putting forth various demands. Their demands include reforms in the capital market, protection of investors’ investment and creating environment conducive for investment.
As part of the protest programmes...
Kathmandu : A report unveiled by the World Bank here today has projected Nepal’s possibility to increase exports to South Asian countries by four-fold. The report titled ‘A Glass Half Full: The Status of Regional Trade in South Asia’ edited by Sanjaya Kathurai was unveiled by...
Kathmandu : Minister for Industry, Commerce and Supply, Matrika Prasad Yadav, has instructed the staffers at the Nepal Food Corporation (NFC) to be result-oriented and responsible for their organization. Addressing the 44th anniversary of the Corporation here today, Minister Yadav urged the...
