Dolakha / Mar 23: Minister for Energy, Water Resources and Irrigation, Barshaman Pun observed the 456-Megawatt capacity Upper Tamakoshi Hydropower Project, a national pride project, today. Minister Pun, who has been putting in meaningful efforts for the completion of this project, had reached Dolakha, the district where the project is located, on Friday. The Minister […]
Kathmandu / Mar 20: Nepal Telecommunication Authority has decided to collect Rs 20 billion from Nepal Telecom (NTC), to renew its Mobile license for five years. The NTA board on Sunday reached the decision. “Earlier, Nepal Telecom had paid Rs. 180 million to renew its license. However, now, we’ve made it clear that the company […]
Kathmandu / Mar 18: Finance Minister Dr Yuba Raj Khatiwada has said that the social security program would be kept under a single umbrella. Addressing the 29th-anniversary program and foundation-laying ceremony of the new building of the Citizen Investment Trust (CIT) here today, he said the various government bodies and agencies operating the social security […]
Kathmandu / Mar 15: The Minister for Industry, Commerce and Supplies, Matrika Prasad Yadav hinted that he might be axed from his ministerial portfolio if Prime Minister KP Sharma Oli is to reshuffle his cabinet. While Yadav admitted of poor performance, he said he hadn’t taken wrong decisions either. “I have not misused my power […]
Kathmandu / Mar 15: As per the statistics revealed by Nepal Rastra Bank on Friday, the country has witnessed a surge in remittances by 28.9 per cent in seven months of the fiscal 2018/19 when compared to same period last year. The NRB in its macroeconomic and financial situation review informed that the country saw […]
Kathmandu / Mar 5: The midterm review of the current fiscal year budget has found country’s economic indicators satisfactory with the increase in agricultural products, expansion of industrial capacity, increase in tourist arrival and reform in power supply. The midterm review report presented by Finance Minister Dr Yubaraj Khatiwada on Tuesday mentioned that in the […]
Kathmandu / Mar 5:Nepal and Bangladesh today signed a Memorandum of Understanding (MoU) on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income. Revenue Secretary Lal Shanker Ghimire and Senior Secretary, International Resources Division, Ministry of Finance and Chairman of the National Board of Revenue of Bangladesh, […]
Kathmandu / Mar 4:The Nepal Oil Corporation (NOC) on Monday said that current import of Liquefied Petroleum Gas (LPG) cylinders is sufficient to meet the demand and urged consumers not to run after rumours of cooking gas shortage. In this backdrop, the NOC has asked consumers, not to panic-buy cooking gas. The statement from the […]
Kathmandu / Mar 01: The Indian government has approved an investment proposal to build the transmission line in eastern Nepal to export the electricity generated by Arun-3 Hydropower Project being developed by an Indian state-owned company. In a statement released on Thursday night, the Indian Cabinet said it has approved an investment proposal worth IRs […]
Kathmandu / Feb 11: Federation of Nepalese Chambers of Commerce and Industry (FNCCI)’s Employers Council chairman Chandra Prasad Dhakal has called on employers and investors of the SAARC region to invest in Nepal. In his address to the eighth meeting of the South Asian Forum of Employers kicked off from today in New Delhi, he […]
