Economy

Mankamana Orange Farmers Making Handsome Returns

Gorkha / Dec 29: A farmer of Manakamana earned Rs. 1.15 million from the sale of oranges this year alone. Insan Thapa Magar has been doing commercial farming of oranges at around 45 ropanis of land. There are around 1,000 orange trees at his garden. He had planted 1,200 orange trees in the initial phase. […]


Obstruction on Arun III project works fizzles out after Investment Board assures proper land compensation

Khandbari / Dec 29: After the assurance of land compensation by the Investment Board, the dispute relating to land for the under-construction Arun III project has fizzled out. The construction of road and tunnel obstructed by the locals here resumed with the assurance. Local administration, political parties, rural municipalities and landowners agreed to solve the […]


Upper Bhotekoshi starts Commercial Production

Chautara / Dec 22 : The 45-megawatt Bhotekoshi Hydropower Project based in Sindhupalchowk has started commercial production. The project started commercial power generation following the two-week long test transmission, said project chief executive officer Bikram Sthapit. Power generated from the project has been connected to the national grid through the Lamosanghu-based substation. Reconstruction of the […]


Nepal’s Export Trade Satisfactory: NRB

Kathmandu / Dec 21: Nepal Rastra Bank (NRB) has stated that Nepal’s export trade has remained satisfactory in the four months of the current fiscal year 2076/77 BS (2019/20). In four months of 2019/20, merchandise exports increased 23.9 percent to Rs.36.28 billion compared to an increase of 11 percent a year ago. Destination-wise, exports to […]


FM Khatiwada calls for good coordination among govt agencies to execute development projects

Kathmandu / Dec 19: Finance Minister Yubaraj Khatiwada has said that the development works have been disrupted in various parts of the country due to lack of good coordination among the federal, provincial and local government agencies. Speaking at the Parliamentary Finance Committee on Thursday, the minister said that the cost of the development projects […]


Pokhara Street Festival from December 28

Pokhara / Dec 4: Restaurant and Bar Association (REBAN) Pokhara is organizing the 21st edition of Pokhara Street Festival from December 28 through January 1. The festival is organized every year on the occasion of the Gregorian New Year. The theme of the festival is ‘Let Us Eat and Enjoy in the Street’. REBAN vice-president […]


Six arrested for masterminding bank fraud

Kathmandu / Nov 27: Six persons have been taken under police custody for masterminding a bank fraud in the capital city. The arrestees have been identified as Anjan Baral, Subhash Shrestha, Manish Ghimire, Kumar Tamang, Suman Poudel and Govinda Ghimire. Police confiscated cash, cheque book, debit card and other documents from their possession, which were […]


70 experts to deliver presentations during Energy Summit : IPPAN

Kathmandu / Nov 18: Around 70 experts from various countries will deliver their presentations during the Energy Summit to be held in Kathmandu later this week, the organizer said on Monday. At a press conference, the Independent Power Producers Association Nepal (IPPAN), the organizer, stated that eminent experts from Nepal, China, India, Bangladesh, Bhutan, Japan, […]


800,000 Taxpayers Added To Tax Net

Kathmandu / Nov. 17: As the Inland Revenue Department (IRD) is set to start its week long national tax day on Sunday, about 800,000 taxpayers have been added to its tax net, taking the total number of taxpayers in the country to 2,965,000. A week-long National Tax Day-2019 is going to be marked across the […]


Gautam Buddha Int’l Airport to be brought into operation within one year: Minister Bhattarai

Kathmandu / Nov 14: Minister for Culture, Tourism and Civil Aviation said on Thursday that the government is planning to bring Gautam Buddha International Airport into operation within one year. Speaking at a program in the capital, the minister said that the government is accelerating the construction works of the ongoing airports keeping the Visit […]




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