Economy

NOC delegation leaves for Bangladesh to discuss possibility of fuel supply

Kathmandu / November 14: A delegation of the Nepal Oil Corporation (NOC) has left here for Bangladesh on Saturday to carryout study on feasibility for importing petroleum products. The NOC, which has been searching different alternatives due to fuel crisis in the country following unannounced border blockade by India, send the team to Bangladesh for […]


Number of domestic tourists visiting Mustang increasing

Mustang / November 13: At a time when foreign tourist flow has reportedly declined, following devastating April 25 earthquakes and frequent agitations in Nepal, Mustang is not likely to suffer from this incident with the flow of domestic tourists increasing in the tourist destination area lately. Khagendra Tulachan, chairman of the Mustang Chamber of Commerce […]


Repercussions of political unrest threatens to envelop economy (Commentary)

By Sandesh Shrestha / Kathmandu, Nov 11: The relentless agitation in the southern belt of the country by the United Democratic Madhesi Front (UDMF) and the Indian government’s undeclared blockade on essential supplies at the border is having an adverse impact on the Himalayan country’s now-growing economy. The continuing strike and the economic embargo has […]


Govt. to speed up construction of big hydropower projects

Kathmandu / November 08: Amid fuel crisis caused by an ‘unofficial’ blockade of supplies into the country by India, the government is planning to speed up the constructions of big hydropower projects, a source said. The source said that the government is resorting to the move to make the country independent in terms of fuel […]


NOC writes letter to PetroChina for availability of price list

Kathmandu / November 3: State-owned Nepal Oil Corporation (NOC) on Tuesday wrote a letter to the Chinese petroleum company – PetroChina Company Ltd to provide price list of the fuel products. NOC Executive Director Gopal Bahadur Khadka sent the letter to PetroChina asking for availability of a price list for commercial transaction. NOC is forwarding […]


Chinese fuel arriving Kathmandu today; India increased fuel supply

Kathmandu / November 1: Ending the over four decade long monopoly of Indian Oil Corporation (IOC) to supply petroleum products to Nepal, three tankers loaded with petrol will arrive at Kathmandu from Kyirong of China today. Nepal has recently signed Memorandum of Understanding with China to purchase petroleum products after India imposed undeclared blockade to […]


12 tankers from China arrive Dhunche; drivers welcomed

Rasuwa / October 30: The Rasuwa Civil Society on Friday has welcomed the drivers of tankers arrived here to carry petroleum products China granted to Nepal. Society Chairperson Babulal Tamang received the drivers and helpers of the tankers dispatched by Nepal Oil Corporation to address growing petroleum crisis in the country to keep their confidence […]


NOC signs MOU with PetroChina on fuel supply

Kathmandu / October 28: Nepal Oil Corporation (NOC) and China National United Corporation (PetroChina) signed a Memorandum of Understanding (MoU) on supplying petroleum products into the country from the northern neighbour. The MoU was signed in Beijing Wednesday. With this, NOC’s sole agreement with the Indian Oil Corporation (IOC) on the import of petroleum products […]


Preparations for supply of grant fuel from China in final stages

Kathmandu / October 25: With the India continuing its blockade for the supply of essential goods to Nepal, the government has been making preparations for supplying petroleum products from China. Minister for Commerce and Supplies Ganesh Man Pun on Sunday said the government is making necessary preparations for importing fuel from China. In a meeting […]


EU calls on India to ensure essential supplies; DPM Thapa blames India for not fulfilling commitment

Kathmandu / October 24: As the Indian high-handedness continued with the neighboring countries, International communities have started voicing against its stance. Chair of the European Parliament Delegation for relations with the countries of South Asia, Jean Lambert, has highlighted the need for regional solidarity in this new phase of Nepal’s development. In a press statement, […]




TOP NEWSview all

Teacher quits job and takes to kiwi cultivation

PM submits Security Council report to President

CIAA to ban share trading activities within Singha Durbar

Nepal: a country needing improvement

PM Oli stresses on cooperation between KU and Dhulikhel Hospital




Positive Development Media Pvt. Ltd. / Regd. No: 232 / 073-74

Newbaneshwor
Kathmandu, Nepal

4479401


Editor : Mr. Divesh J.B. Rana

Chairperson : Mr. Kishore Thapa


Counter:
Web Counter