Economy

SC orders Ncell, Axiata to pay Rs 38b capital gains tax

Kathmandu / Feb 6: Supreme Court has ordered telecom company Ncell to pay Rs 38 billion capital gains tax to the government. Issuing a mandamus on the writ of the alleged capital gains tax evasion by private telecom corporation Ncell, on Wednesday, a full bench led by Chief Justice Cholendra Shamsher Rana and comprised of […]


Rail procurement process for Janakpur-Jayanagar begins

Kathmandu / Feb 4: A procurement process has begun to materialise the government plan of launching the railway service from Kurtha of Janakpur to Jaynagar of India. The Cabinet meeting of January 13 decided to go with the procurement process. The Department of Railways under the Ministry of Physical Infrastructure and Transport has started preparations […]


With investment of Rs 200 billion, Nepal becomes self-reliant in cement

Kathmandu / Feb 01: With huge amount of national and foreign investments in cement industries, Nepal is self-reliant in cement production this year onwards. According to industrialists, cement industries have received the investment of around Rs 200 billion while this sector has the annual transaction of worth Rs 150 billion. Chairman of Nepal Cement Producers’ […]


Locals affected by Kaligandaki ‘A’ Hydropower protest

Syangja / Jan 27: The people affected by the Kaligandaki ‘A’ Hydropower at Beltari area in Syangja district have demonstrated by putting forth various demands. They have blocked the road leading to the project powerhouse. Their demands include that they should be provided electricity generated from the project rather than others. Irrigation facility and concrete […]


Biratnagar collects Rs 3.18 billion in revenue

Biratnagaar / Jan 18: The Inland Revenue Office, Biratnagar, has collected Rs 3.18 billion in revenue in the first six months of the current fiscal year. According to the office, Rs 2.46 billion was collected during the review period in the last fiscal year. Chief of the Office Dilip Kumar Gautam said the revenue of […]


Nepal Chamber of Commerce signs MoU with India’s Trade Promotion Council

Kathmandu / Jan 16: Nepal Chamber of Commerce (NCC) and Trade Promotion Council of India (TPCI) signed a Memorandum of Understanding (MoU) to promote bilateral trade, commerce and investment, on Wednesday. Amid a function, the two sides signed the MoU in the Indian Capital New Delhi. The two sides were agreed to exchange information related […]


‘Israel ready to increase quotas for Nepali workers’

Kathmandu / Jan 15: The Israel government is likely to increase the number of quota for Nepali workers in Israel in near future. During a meeting with Minister for Labour, Employment and Social Security Gokarna Bista at his office in Singh Durbar today, Israeli Ambassador to Nepal Benny Omer shared that the government was positive […]


Employment opportunities for youths within five years: Labour Minister Bista

Pokhara / Jan 10: Minister for Labour, Employment and Social Security Gokarna Bista today said the compulsion of youths to go for foreign employment would end within the next five years as the government was preparing to bring job programs targeting youths. He said the government was doing its best in utilising the available human […]


Over one million tourists’ visited Nepal in 2018

Kathmandu / Jan 08: The number of tourists visiting Nepal increased noticeably this past year, Nepal Tourism Board said. More than one million tourists from around the world visited Nepal in 2018. According to the statistics of Nepal Tourism Board, 11,73,072 tourists arrived in the country. “The tourist arrival rate increased by 24.55 per cent […]


Petrol, diesel, kerosene prices cheaper by Rs 2/litre

Kathmandu / Jan 2: Nepal Oil Corporation (NOC) has slashed the prices of petroleum products on Wednesday. The state-owned monopoly said that the prices of petrol, diesel and kerosene have been slashed by Rs2 per litre. The new price will be effective from Wednesday midnight. Following the price cut, petrol will now cost Rs108 per […]




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Trade deficit of Rs 811 billion in first seven months

WHO congratulates Nepal for legislation to restrict trans-fatty acids in food




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