Economy

NAC operating three chartered flights to Japan

Kathmandu / May 15 : The national flag-carrier, Nepal Airlines Corporation (NAC), is operating a chartered flight to Narita International Airport of Japan today. The flight would be made by NAC’s A-330 wide-body plane. The plane will fly to Japan carrying some Japanese citizens stranded in Nepal due to the lockdown and the Nepali workers […]


Nepal among 25 nations to get IMF debt relief

Kathmandu / Apr. 14: The International Monetary Fund has approved immediate debt relief (IDF) for 25 countries, including Nepal. IMF’s Executive Board had approved the facility under its Catastrophe Containment and Relief Trust (CCRT) for its poorest member countries to help them in fighting the COVID-19 pandemic. The board has approved IDF to the 25 […]


New Governor Adhikari takes oath, assumes office

Kathmandu / Apr. 07: Newly appointed Governor of the Nepal Rastra Bank (NRB) Maha Prasad Adhikari today took oath of office and secrecy before Chief Justice Cholendra Shumser JB Rana amidst a programme at the Supreme Court. The government appointed him to the post for a five-year term. Similarly, the NRB’s new governor assumed his […]


Maha Prasad Adhikari becomes 17th governor of Nepal Rastra Bank

Kathmandu / Apr. 6: The government has appointed Maha Prasad Adhikari as the 17th governor of Nepal Rastra Bank. A meeting of the cabinet on Monday decided to appoint Adhikari to the top central bank job. He is currently serving as the chief executive officer of Nepal Investment Board. His term was expiring in June […]


Coronavirus puts tea industries out of gear

Kokila Dhakal / Ilam: This is the season of the ‘first flush’ – qualitative tea leaves. Farmers begin to pluck the first flush by the third week of March every year. But this year the leaves are growing in the tea plants even though it is already April. The lockdown put into effect to save […]


Govt. urges industries producing essentials good to run in full capacity

Kathmandu / Mar. 24:The government has called upon the industries producing daily essentials to run in full capacity. Issuing a press release today, the Ministry of Industry, Commerce and Supply urged the industries producing medicines, health equipment, daily essentials, drinking water, milk and petroleum products to run in the full swing though the government has […]


Kathmanduites allowed to celebrate Holi but not in groups’

Keshab Raj Poudel / Kathmandu, Mar. 8: Janak Raj Dahal, Chief District Officer (CDO) of Kathmandu, today said, “The denizens can peacefully celebrate Holi with their families but they cannot throw waters or colors at others.” Clarifying the public confusion about the District Administration Office (DAO) preventing them to celebrate Holi, CDO Dahal said that […]


Minister Khatiwada urges Telecom service providers to serve costumers’ interest

Kathmandu / Mar. 3: Finance Minister and Minister for Communications and Information Technology, Dr Yuba Raj Khatiwada, has urged the telecommunications service providers to ensure easy and accessible service to customers. In his address to a programme organised on the occasion of the 22th anniversary of Nepal Telecommunications Authority (NTA) here today, the Minister called […]


Kaligandaki ‘A’ hydropower station shut down for three days

Kathmandu / Feb. 21: Kaligandaki ‘A’ hydropower station at Mirmi, Syangja, Nepal’s biggest half-reservoir hydropower project, has been shut down for three days from today for repair and maintenance, said the Nepal Electricity Authority. Repair started on Thursday at 11 pm after halting electricity production, after the main inlet valve started leaking water, said NEA’s […]


NA Wide body resumes regular flights from today

Kathmandu, Feb. 18: The wide body aircraft of the national flag carrier, Nepal airlines, A-330, which evacuated Nepalis from Wuhan, the epicenter of Covid-19, is all set to resume its regular flights. The aircraft, after rescuing 175 Nepali nationals from Wuhan, have completed the 48 hours quarantine period in accordance to international safety standards. After […]




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