Kathmandu, June 4/ Himalayan Travel Mart (HTM) 2018 concluded in Kathmandu on Sunday. The three-day travel mart saw participation of 52 buyers from 26 different countries and 52 sellers from Nepal, India, Bhutan, South Korea, Indonesia, Turkey and UAE, according to the organizers. One of the objectives of the event was building a sustainable road […]
Kathmandu / Jun 3: Nepal is set to propose to hold the Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation or BIMSTEC summit on coming August end or early September. The meeting today of the Council of Ministers held at Singha Durbar decided to propose to BIMSTEC member-states to hold the summit either […]
Surkhet, June 2/ Mid-western Transportation Entrepreneurs Association (MTEA) has started direct bus service connecting Birendranagar, the capital of Karnali Province, and Indian capital New Delhi beginning from Friday. The bus fare for the 634-kilometer journey has been fixed at Rs 2400. “We started this service for the convenience of the passengers who travel to India […]
Kathmandu, May 31/ Dispelling concerns that the government might have set an over-ambitious economic growth target, Finance Minister Yubaraj Khatiwada said the target of eight per cent was achievable and was based on growth projections of prioritised sectors. Addressing media persons during a budgetary interaction held here today, Khatiwada said, “The growth rate has been […]
Kathmandu, May 31/ The Nepali Congress today stated that the annual budget for 2018-19 presented Tuesday, lacked vision, although it was presented in a relatively convenient political situation following the implementation of the constitution after successful elections. The main opposition also termed the budget ‘populist’, and ‘at the crossroads’ between the open market policy championed by […]
Kathmandu / May 30: Minister for Culture, Tourism and Civil Aviation, Rabindra Adhikari, has said the tourism sector has the potentiality of offering jobs to some 200,000 people in a year. Speaking at an interaction organised by the Reporters’ Club here today, the Minister was of the view of increasing investment in infrastructure development in […]
Kathmandu, May 29/ The fiscal budget has made provisions to levy tax on alcohol, cigars, sanitary, electronics and construction materials. Similarly, the budget has scrapped the provisions to impose VAT on education, health which was being imposed on the income made through providing health facilities. Meanwhile, the government has also decided to waive the over-long-due […]
Kathmandu May 29/ Finance Minister Yubaraj Khatiwada has launched the first ever federal budget of Rs 1.315 trillion for the fiscal year 2018/19, today. Out of the total budget, government aims to utilise Rs845.5 billion as recurrent expenditure. Likewise, Rs314.28 billion and Rs155.18 billion have been earmarked for capital expenditure and financing provision, respectively. Moreover, […]
Kathmandu, May 28: From now onward every industry and or company has to mandatorily pay their staffers through banking system. A meeting of the Council of Ministers held in Singha Durbar today passed employment regulations making it mandatory to deposit their staffers’ salaries in the bank accounts before paying them. Minister for Labor, Employment and […]
by Prithvi Shrestha Kathmandu, May 27 : Nepali industrialists have expected a surge in foreign direct investment (FDI) in Nepal in the coming days as the country is heading toward political stability after recent national elections. After 16 years, the ruling party has had the absolute majority in the parliament which will contribute to the […]
Newbaneshwor
Kathmandu, Nepal
4479401
Editor : Mr. Divesh J.B. Rana
Chairperson : Mr. Kishore Thapa