Economy

DoTM mobilizes monitoring groups to keep close eye on vehicles charging unfair

Kathmandu / October 14: The Department of Transport Management (DoTM) has mobilized five different monitoring teams in five different locations in Kathmandu Valley who will be keeping a close eye on the public transports charging unfairly higher fare from passengers. According to Basanta Adhikari, Spokesperson of the DoTM, help desks have been set up in […]


NOC distributes 750,000 litres of fuel to private vehicles

Kathmandu / October 13: Nepal Oil Corporation (NOC) has distributed 750,000 litres of fuel to the private vehicles in the Kathmandu Valley. Some 600,000 litres of petrol and 150,000 litres of diesel were provided by the NOC to 125 petrol stations across the Valley, according to Spokesperson of the Corporation, Deepak Baral The state oil […]


Economic disparity in Federal States needs action (Nepalekhabar Speical)

Kathmandu: The new constitution has divided the country in seven Federal States but questions are being raised about the economic sustainability of these states. Experts have opined there are economic disparities in these federal states as some states have more districts and more economically developed International Day of the Girl Child being celebrated; UNFPA says […]


Business fraternity urges Thakur to facilitate environment

Kathmandu / October 11: The representative organizations of the private sectors Saturday called on Chairperson of Terai-Madhes Democratic Party – one of the constituents of agitating United Democratic Madhesi Front (UDMF) – Mahantha Thakur and urged him to enable easy environment for movement by calling off ongoing shutdown. A delegation comprising representatives of Federation of […]


Nepalese reel under an economic blockade in a state of denial

By Manoj Karki : Nepal is gradually running out of essential commodities including fuel as imports from all accessible transit points to the landlocked country have come to a grinding halt. There have been reports of hospitals across the country too running out of stock of their medicines and other goods essential to keep themselves […]


PAC directs Commerce Ministry and NOC to ease fuel supplies; Govt. forms committee for talks

Kathmandu / October 9: The Public Accounts Committee under the Legislature-Parliament today has directed the Ministry of Commerce and Supplies and Nepal Oil Corporation to initiate measures to ease the supplies of petroleum products. The committee has further directed the concerned bodies to accept the proposal within two hours when any organization submits proposal for […]


SC stays Govt. plan to give Kathmandu-Tarai fast track to Indian company

Kathmandu / October 8: The Supreme Court (SC) on Thursday directed the government not to proceed with the contract deal for the construction of the Kathmandu-Tarai Fast Track with an Indian company for now. A single bench of Chief Justice Kalyan Shrestha directed the government to put the matter on hold till October 28, as […]


NOC seeks alternative to importing petroleum products

Kathmandu / October 8: In a latest bid to resolve the current fuel crisis in the country, the Nepal Oil Corporation (NOC) has come up with an alternative, according to which it has issued a notice calling for a global tender to import fuel. The country has been reeling under fuel crisis after the unannounced […]


Vehicles starts operating in Barhabise-Tatopani road section; NHRC calls for smooth supply

Chautara / October 7: Large vehicles including container trucks have begun operating along the Barhabise-Tatopani road section, which had remained obstructed since the April 25 earthquake. The 26-kilometer track of the section has been opened for passenger bus as well as goods carrier after improving the track that was opened on Friday, according to Engineer […]


India tightens blockade; Entrepreneurs urge govt. to resolve current impasse

Nepalgunj / October 6: The Indian government has tightened the unofficial blockade at the southern border in Nepalgunj as Nepal reels under the acute shortage of fuel products and soaring prices of daily commodities. A total of 17 tankers and cargo trucks including three diesel tankers and two gas bullets entered Nepalgunj from Jamunaha border […]




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