Economy

Nepse suffers double-digit fall

Kathmandu / Dec 18: The domestic share market that surged for the two straight days on Sunday and Monday was hit by a double-digit fall today, the third day of the week. The Nepal Stock Exchange (NEPSE) index plummeted 14.61 points to close at 1,168.17 points, making the investors disappointed. According to the NEPSE, the […]


NEA signs PPA with 52 projects in five months

Kathmandu / Dec 17: The Nepal Electricity Authority (NEA) has in the first five months of the current fiscal year signed the power purchase agreement (PPA) with 52 hydropower projects. As told by NEA Spokesperson Prabal Adhikari, the total capacity of such projects is 1,051 megawatts. All of them has the private sector investments, and […]


No need to worry about investment atmosphere: Dr Khatiwada

Kathmandu / Dec 11: Finance Minister Dr Yubaraj Khatiwada has said there was no such atmosphere that discourages share investors because overall indicators of national economy were positive. During a meeting of the Finance Committee of the House of Representatives on Tuesday, Minister Dr Khatiwada affirmed that he was for making the share market a […]


Tourism Festival to be organised in Ilam

Kathmandu / Dec 4: A tourism festival is to be organised in Ilam with the objective of overall promotion of tourism in Jhapa, Ilam, Panchthar and Taplejung districts of Province 1. The event, called Mechi Area Tourism Festival Ilam-2018, is going to be organised from December 20 to 31. It is being organised with the […]


NOC revises petro-price; reduces price by 2 rupees per liter

Kathmandu / Dec 3: Nepal Oil Corporation (NOC) on Monday has revised downward prices of petroleum products effective from Monday midnight. Birendra Goit, the spokesperson of NOC, said the price of petrol, diesel and kerosene has come down by Rs 2 per liter. Now consumers can buy petrol at Rs 112 per liter, whereas diesel […]


Pokhara street festival to start from December 28

Pokhara / Dec 01: The Pokhara street festival is to be held this year at Phewa Lakeside from December 28 to January 1. Various activities will be organised this year too during the event, which is held every year to mark New Year’s day as per the Gregorian calendar. The event is going to be […]


NTB allocates Rs 1.7 billion for FY 2075/76

Kathmandu / Nov 30: Around four months after the commencement of the fiscal year 2075/76, the Nepal Tourism Board (NTB) has allocated around Rs 1.7 billion budget for the FY. The budget was approved by the Board of Directors of the NTB. The budget has targeted the ‘Visit Nepal Year 2020’ and prioritized tourism management […]


ADB says improving project execution performance key to getting more dev funds

Kathmandu / Nov 23: The Asian Development Bank (ADB) has said improving project implementation performance is the key to Nepal getting more funds for development. ADB Deputy Director General for South Asia Mr. Diwesh Sharan said this to officials in Kathmandu today. “ADB has increased the annual lending level to Nepal from about $254 million […]


 ADB to provide US Dollar 343.9 million for two projects

Kathmandu / Nov 20: The Asian Development Bank has agreed to provide US Dollar 343.9 million as development assistance for two projects. At a program organized at the Ministry of Finance today, Secretary at the Ministry, Rajan Khanal, on the behalf of the government of Nepal, and Country Director, Nepal Resident Mission, Mukhtor Khamudkhanov, on […]


Surya Nepal, Siddhartha Shumsher highest taxpayers

Kathmandu / Nov 17: The government has honoured the highest taxpayers under different categories on the occasion of the 7th National Tax Day on Saturday. The highest taxpayers were honoured also to promote the taxpaying culture. Finance Minister Dr Yuvraj Khatiwada honoured the taxpayers in various 15 categories amidst a program organized by the Inland […]




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