Economy

Electricity generated from Chak Khola connected to nat’l transmission line

Electricity

Kathmandu / Nov 10: Electricity generated from Chak Khola Hydropower Project, in northern Ramechhap, has been connected to national transmission line from Friday. The 33kv transmission line constructed from Chuchure of Ramechhap to Jiri of Dolakha has been connected to the Jiri Station through the transmission line. According to project engineer Bishal Karki, the 2.83 […]


Hailstorm damage crops worth Rs 30 million

agriculture

Nuwakot / Nov 6: Crops worth more than 30 million rupees were damaged in the hailstorms that occurred last Saturday night in Nuwakot district. The District Agriculture Development Office said that crops, namely paddy, orange, potato, millet were damaged. The crops cultivated in more than 500 hectares of land were damaged, chief of Office Dr […]


Price hike of petroleum products withdrawn on PM’s directive

Nepal Oil Corporation

Kathmandu / Nov 2: The Nepal Oil Corporation has today withdrawn its decision of increasing the price of petroleum products, which was enforced from Wednesday mid-night, on Prime Minister Sher Bahadur Deuba’s direction. The NOC Board of Directors took the decision in this regard after Prime Minister Deuba directed the NOC management not to increase […]


FNCCI and AFEC sign 8-point bilateral agreement

FNCCI

Kathmandu / Oct 31: An eight-point bilateral agreement between the representatives of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Austrian Federal Economic Chamber was signed amid a programme here today to strengthening the economic ties between the two countries. The agreement signing ceremony was held in the presence of Minister for […]


Nepal to face labour shortage by 2030

Labor, Foreign Employment

Kathmandu / October 27 : Nepal may face shortage of 3.6 million workers by 2030 if people continue to take up jobs in foreign labour markets, creating hurdles for nation’s transformation into a middle-income economy in the next 13 years as envisaged by the government, a latest report says. The projection was made on the […]


PM, Home Minister pay final tributes to late Gauchan

Sarad Kumar Gauchan

Kathmandu / Oct 12:Prime Minister Sher Bahadur Deuba today paid final tributes to Sharad Kumar Gauchan, chairman of the Federation of Contractors Association Nepal (FCAN). Gauchan was shot dead by an unidentified group in the capital on Monday. PM Deuba reached FCAN’s office, Anamnagar and extended tributes by wrapping his body in the national flag. […]


FCAN President Gauchan shot dead in Kathmandu

Sharad-Kumar-Gauchan

Kathmandu / Oct 9:The President of Federation of Contractors Association of Nepal Sharad Kumar Gauchan has been shot dead in Kathmandu on Monday. Two motorcycle borne assailants had attacked Gauchan who was inside the vehicle at Kharibot in Shantinagar, KMC-32, this afternoon, according to police. It has been learned that Gauchan sustained bullet injuries in […]


Buddha Air begins flights to Bharatpur and Bhairahawa from Pokhara

Buddha Airlines

Pokhara / Sept. 15: Buddha Air has started its direct flights to Bharatpur and Bhairahawa from Pokhara from today. The private airline company’s first flight to Bharatpur took off at 10 this morning from Pokhara while another aircraft flew to Bhairahawa at 11:22 am, according to Buddha Air’s Station Manager, Gautam Baral. The aircraft would […]


6 MW electricity to be purchased from sugar mills

Electricity

Kathmandu / Sept. 11:The government has forwarded power purchase process for purchasing electricity generated from two sugar mills. The sugar mills generate power by utilising ‘bagasse’ (cane pulp). This way there would be optimum utilisation of industrial wastages. An agreement to this effect was signed between the government and representatives from Indu Shankar Sugar Mill […]


DPM Mahara calls on Chinese business community to invest in Nepal

Krishna-Bahadur-Mahara

Kathmandu / Sept. 10: Deputy Prime Minister and Minister for Foreign Affairs Krishna Bahadur Mahara has urged Chinese business community to invest in infrastructure sector in Nepal, as environment conducive to investment has been created in the country. “Nepal has focused on investment in infrastructure development and inter-country economic sector in order to increase connectivity […]




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