Kathmandu / Apr 02: Nepal Oil Corporation (NOC), the state oil monopoly, has hiked the price of petroleum products. According to Birendra Goit, spokesperson, the State Oil monopoly increased the price of petrol and diesel by Rs 2 each per liter. With the new price adjustment, petrol will now cost Rs 105 and diesel Rs […]
Kathmandu / Mar 30: Finance Minister Yubaraj Khatiwada today pointed out economic challenges facing the country due to various causes. Blaming the lack of proper capital mobilisation in part for economic challenges, he stated some difficulties in budget expenditure. “Big projects fail to be completed in stipulated time, and for estimated costs. Distribution-oriented programmes have […]
Chitwan / Mar 24: The Narayangadh-Muglin road widening costs are to increase by at least Rs 430 million due to project time extension, awarding contract on backdate cost estimation, and additional inevitable work during the widening drive. With a target of completing the road widening drive within two years, the contract amounting to Rs 2.89 […]
Kathmandu / Mar 22: Department of Foreign Employment (DoFE) has announced application forms for the Korean Language Test under the Employment Permit System (EPS) on Thursday. The date for applications will remain effective until April 11. Candidates aged between 18 to 39 years can take part in the langue test. Those meeting the criteria set […]
Kathmandu / Mar 19: Consumer price inflation has accelerated to 5.0 percent in mid-February 2018 from 3.3 percent recorded in mid-February 2017, Nepal Rastra Bank (NRB), the central bank, stated in its report entitled ‘Current Macroeconomic and Financial Situation of Nepal’ released on Monday. The report based on the seven months’ data of fiscal year […]
Kathmandu / Mar 3: Finance Minister Dr Yubraj Khatiwada has directed the chiefs of the customs office to resolve the loopholes witnessed in revenue collection. The Finance Minister issued such directive to the chiefs of the customs offices across the country to meet the target of revenue collection as the revenue collection was not as […]
Kathmandu / Feb 28: Women, the poor, and excluded groups face various structural barriers, preventing them from benefiting from Nepal’s energy sector, said a report released by the Asian Development Bank (ADB). The issue of poverty in Nepal has a strong gender, caste, regional, and geographic dimension that is also reflected in the energy access, […]
Chautara / Feb 27, 2018-The Upper Bhotekoshi Hydropower Project of 45 megawatt which suffered a heavy loss in Gorkha Earthquake and floods is likely to take two more years for the power generation after the completion of the ongoing reconstruction works. Power generation from the project is in a halt for five years leading to […]
Biratnagar / Feb 15: A joint team from Nepal Electricity Authority (NEA), Biratnagar and District Police Office (DPO), Morang arrested eight persons on charge of theft of electricity on Wednesday night. They were taken under custody from Katahari Rural Municipality-6 in Morang district. The arrestees have been identified as local residents — Jiten Sardar, Ananda […]
Kathmandu / Feb 13: A breakthrough in the Melamchi water project’s tunnel construction has been expected within the next 20 days if things go according to plan. The tunnel construction is the important part of the long-awaited project. Out of the total 27.5 kilometer tunnel under the project, now only 240 meters remains to be […]