CIT is for safe investment, not solely for profit: Finance MinisterBy RSS
The CIT is a general profit-oriented public organisation which is supposed to invest its capital safely, according to the Minister who insisted on the safe investment.
Smart Cell's tower in Gulmi torchedBy RSS
Acting on reporting by the local people right after the incident, a team led by assistant sub inspector Lokman Tamrakar reached the incident site and launched investigations, said Superintendent of Police Rajendra Singh Khadka, adding that a search has been launched for the arsonists.
India plans sale of debt-laden national carrier Air India27 Jan, 2020
The government issued a document on Monday inviting initial expressions of interest in the airline, which operates both domestic and international routes and has accumulated huge losses in the past decade.
NEPSE continues to slide26 Jan, 2020
In line with the decline in NEPSE index, the capital market witnessed a sharp decline in volume of transaction on Sunday.
Price of onion falls as supply from India resumes26 Jan, 2020
The price of onion has started to decline fast in the market following the resumption of its import from India lately. Onion price has decreased by almost 50 per cent in the local market within two weeks, said Binaya Shrestha, information officer of Kalimati Fruit and Vegetable Market Development Board (KFVMDB).
Focus on quality loan flow, FM Khatiwada tells RBB24 Jan, 2020
Stating that the banking sector was facing challenges in security, he urged the BFIs to increase their investment in the information technology to overcome the threats seen in the banking sector.
Government to conduct sanitation audit at 10 major airportsBy RSS
The audit will take place on coming February 11, and an agreement in this regard had been reached acting on directions made following a discussion between Minister for Culture, Tourism and Civil Aviation, Yogesh Bhattarai and representatives of the Non-Resident Nepali Association (NRNA) recently.
Himalaya Airlines begins flight to Chongqing, China23 Jan, 2020
Minister for Culture, Tourism and Civil Aviation Yogesh Bhattarai inaugurated the first flight of the airlines amidst a special ceremony held at Tribhuvan International Airport on Thursday.
Seismic survey under petroleum exploration beginsBy RSS
The seismic survey has begun under the petroleum exploration underway in Dailekh district. With the petroleum exploration coming near to success, the seminal task of seismic survey has been stepped up.
Sauraha weighing options to lure more tourists from home, abroad22 Jan, 2020
In 2020, the entrepreneurs and the government agencies have targeted to bring around 400,000 tourists here, double the number of tourists they welcomed in 2019.
Kapilvastu farmers waiting for govt. grant for six years21 Jan, 2020
Six years ago, the government had promised to provide the grant aiming to encourage the sugarcane famers.
Orange farming changes face of entire settlementBy RSS
Bahundanda at Amlabas which lies in the Rainadevi Chhahara rural municipality-4 in Papla is home to 30 households. The identity of the village does not end here as it has something special to indentify itself in particular as it now earns the recognition as a 'pocket zone' for orange production.
Rate of deposit collection of BFIs goes down20 Jan, 2020
The deposits collection of BFIs has increased by 4 per cent in mid-December 2019 compared to an increase of 6.2 per cent in the corresponding period of the previous year.
NEPSE falls by 26.54 points20 Jan, 2020
Despite the decline in NEPSE index, the volume of transaction remained relatively high on Monday’s transaction. The stock exchange traded 5,846,238 unit shares worth Rs. 1.97 billion of 182 companies in 20,446 transactions today.
Five hydroelectricity projects under construction in LamjungBy RSS
Five hydropower projects are under construction in the district at the total cost of Rs 23 billion. These hydel projects are based in Dordikhola and Dordi corridor. The under-construction hydro projects include 54 megawatts Super Dordi 'B' by People's Hydropower Company, 27 megawatts Dordikhola by Himalayan Power Partner, 25 megawatts Dordi 'A' by Liberty Energy Limited, 12.1 megawatts Dordi 1 by Dordikhola Hydropower Company and four megawatts Dordi corridor by Chhangdi Khola Hydropower...
Inflation significant in first five months: NRB19 Jan, 2020
Within the food and beverage group, prices of vegetables, spices, fruits and pulses and legumes sub-groups rose significantly in the review period, the report said.
Investment Board, Power China sign MoU on Tamor Hydel powerBy RSS
Investment Board Nepal and the Chinese company Power China have signed a memorandum of understanding in regard with the implementation of Tamor Hydroelectric Project known as the 'gem' of the east.
Woman entrepreneur makes huge income with pig farmingBy RSS
At a time when tens of thousands of Nepali youths are abroad on backbreaking jobs for better livelihood, a woman here has made huge income with pig farming in the district. Yamkala Kammu from Jhadewa of Mathagadhi rural municipality-4 has been able to earn more than Rs 2.4 million in two years with the pig farm. In two years, she sold 483 piglets. Each piglet costs at least Rs 5,000.
Biratnagar ICP to be operational from next week17 Jan, 2020
Prime Minister KP Sharma Oli and his Indian counterpart Narendra Modi will inaugurate the IPC on coming Tuesday through video conference, said official at the Ministry of Industry Commerce and Supplies (MoICS).
IMF projects Nepal's economic growth to be around 6% in this fiscal17 Jan, 2020
The mission has appreciated the recent upgrades to tax administration and efforts in public financial management, and recommended for further steps from the government to ensure that spending was of high quality and executed in a timely manner.