Study for expansion of Kalanki-Maharajgunj road

Lalitpur, Dec. 15: As the construction of the Koteswar-Kalanki road section of the ring road is nearing completion, a study has begun to expand the Kalanki to Maharajgunj section of the same ring road. The road also to be constructed with the support of the Chinese government will be nearly…

12/15/2018

Finance Minister emphasises women's access to capital

Banepa, Dec. 14: Finance Minister Dr Yuba Raj Khatiwada has said that financial system has been stable through a small effort. Inaugurating today the office of Women Micro Finance Ltd at Sanga of Banepa municipality-13 in Kavrepalanchowk, the Finance Minister underlined the need of ensuring women's access to capital, information…

12/14/2018

Tulsipur to have better road connectivity

Narayanpur (Dang), Dec. 14: The remote areas in Tulsipur Sub-Metropolitan City would have now easy access to road connectivity with the sub-metropolitan's plan to develop new tracks and widen the narrow road stretch. Mayor of the city, Ghan Shyam Pandey, said that the road construction drive is ongoing to ensure…

12/14/2018

New dairy industry in Surkhet

Surkhet, Dec. 13: A province-level dairy industry is being established from the private level in Surkhet, the capital of Karnali Province. Industrialists Madhav Dhital and Jay Krishna Acharya from Kavre district are investing a total of Rs 120 million for the establishment of the dairy industry in Birendranagar-12, Surkhet. Dhital…

12/13/2018

No need to worry on 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…

12/11/2018

‘Transit permit’ takes toll on herbal export

Banke, Dec. 11: Unnecessary hassles from Indian side in the name of ‘transit permit’ have shrunk the export of herbal products. The herbal export has witnessed difficulties when the Uttar Pradesh Forest Department of India created unnecessary hassles to the businesspersons in the name of transit permit, customs, food lab…

12/11/2018

Share investors launch hunger strike demanding reforms in capital market

Kathmandu, Dec. 9: The share investors' pressure group today launched a relay hunger strike at the office of Nepal Stock Exchange in Bhadrakali, demanding reforms in the capital market. Their demands include that non-residents Nepalis and Nepalis living in foreign countries should be brought to the capital market and the…

12/09/2018

Hoteliers asked to be sensitive against GBV

Kathmandu, Dec. 9: Stakeholders have called upon the hoteliers to remain more sensitive in order to reduce the gender-based violence (GBV) taking place in hotel sector. During an interaction programme in Tarakeshwor Municipality in the capital city on Saturday, the speakers said that the hoteliers are expected to become more…

12/09/2018

Taxi drivers punished for not following rules

Kathmandu, Dec. 8: The Metropolitan Traffic Police Division has taken action against 32 taxi drivers. They were punished for not using the taxi meter, charging more than the metered amount in different parts of the valley on Friday. A special campaign has been initiated in the valley to regulate taxi…

12/08/2018

Private forests promoting greenery in Dang

Ghorahi, Dec. 5: Shreelochan Lamichhane of Hapur-5 is locally known to be a practitioner of private forest. He has planted saplings of different species in his 101-kattha land in Ghorahi sub-metropolis-10, Narayanpur. Taking approval from the District Forest Office, Lamichhane has planted saplings in his private land contributing to the…

12/05/2018

Revolving fund receives Rs 1.7 m aid

Myagdi, Dec. 4: The Non-Resident Nepalese have provided financial aid to a revolving fund, established to support the treatment of disadvantaged community people. Myagdi Rescue Committee Bahrain aided Rs 1.7 million to the revolving fund of Rs 150 million that was set up by Omkumari Peace Trust. Committee Chairperson Lek…

12/04/2018

Jakhera Lake draws growing attention of tourists

 Dang, Dec. 4: The Jakhera Lake based in Lamahi Municipality-5 of Dang – a district lying in the lap of Chure Mountain is gradually gaining popularity as a destination for tourists. The mind-blowing scenic beauty of Jakhara Lake which is at the bottom of Chure mountain has attracted attention of…

12/04/2018

Price of petroleum products reduced

Kathmandu, Dec. 3: The Nepal Oil Cooperation (NOC) has reduced the price of petroleum products, which is to come into effect from this midnight. A meeting of NOC held on Monday took the decision to reduce price of petrol, diesel and kerosene oil by Rs 2 per litre. Now, the…

12/04/2018

Minister Pun directs to forward upper Tamakoshi project

Kathmandu, Dec. 3: Minister for Energy, Water Resources and Irrigation Barsha Man Pun has directed the authorities concerned to forward construction works of Upper Tamakoshi project, a project of national pride. The ongoing construction works of the hydro project with a capacity of 456 megawatt was delayed due to various…

12/03/2018

Pokhara street festival from December 28

Chipledhunga, Dec. 1: The Pokhara Street festival, now established a brand of the lake city, is to be held this year at Fewa lakeside from coming December 28 to January 1. Various activities will be organized this year too during the event held every year to mark the New Year…

12/01/2018

Pathivara temple receives Rs 5 million in offerings in 4 months

Taplejung, Nov. 30: The famous pilgrimage site – the Pathivara temple – located in Taplejung has received around Rs 5 million in offerings in the past four months. The temple collected Rs 5 million in offerings since July 17 to November 16, according to Pathivara Religious Offerings Management Committee’s member…

11/30/2018

Nepal-Cambodia sign ASA

Kathmandu, Nov. 29: Nepal has signed a bilateral air services agreement (ASA) with Cambodia in Kathmandu today. The Ministry of Culture, Tourism and Civil Aviation (MoCTCA) signed a MoU with concerned authorities of Cambodia. Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari and Cambodian Minister In-Charge of the State…

11/30/2018

Nepse index hits double-digit fall

Kathmandu, Nov. 29: The price of shares in the domestic stock market has dropped by two digits. According to the Nepal Stock Exchange (NEPSE), the Nepse index that measures the transaction decreased by 10.37 points to sit at 1,148.70 points in today’s trading. Likewise, the sensitive index that measures the…

11/29/2018

Asia Pacific Summit: An opportunity to promote Nepal's tourism

Kathmandu, Nov. 29: The 'Asia Pacific Summit-2018', the first-ever to be held in Nepal, is expected to also help promote 'Nepal Tourism Year-2020'. It is believed that the Summit, biggest conference following the BIMSTEC meeting attended by high-level delegates from seven countries in April ealier this year, is widely believed…

11/29/2018

TAAN provides Rs 6 million relief amount

Kathmandu, Nov. 27: The Trekking Agencies’ Association of Nepal (TAAN) has provided has Rs 6 million relief amount to the families of the workers losing lives during trekking. Twelve families of the trekking workers who died in course of trekking along the route of Annapurna, Upper Dolpa, Sagarmatha, Manaslu and…

11/27/2018

Action to be taken if any irregularities found in aircraft purchase

Chipledhunga (Kaski), Nov. 26: Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari has expressed commitment to take action if any irregularities were found while purchasing the wide-body aircraft for the state-owned Nepal Airlines Corporation. Speaking in a programme organized in his constituency here Monday, he also shared that the…

11/26/2018

Call for reforms in NEPSE automated system

Kathmandu, Nov. 26: Share investors have demanded an immediate reform in the fully automated system introduced recently by the Nepal Stock Exchange (NPESE) Ltd. The shareholders today assembled at the NEPSE office to press authorities concerned to make immediate interventions to upgrade the system. They have also demanded their access…

11/26/2018

12 petrol pumps face action

Kathmandu, Nov. 26: Nepal Bureau of Standards and Metrology has taken action against 12 petrol pumps for cheating customers. The Bureau found 12 petrol pumps running in different parts of the country that they were conning customers by reducing five percent petroleum products per litre with the use of software.…

11/26/2018

Country’s BOP remains at a deficit of Rs 35.42 billion: Central Bank

Kathmandu, Nov. 25: The Nepal Rastra Bank (NRB) has said that the inflation in the country remained 4.7 per cent on year on year basis. Releasing the Current Macroeconomic and Financial Situation of Nepal based on the first three month of the current fiscal year, the central bank said that…

11/25/2018

Nepali migrants in S. Korea to get orientation on stress management, repatriation

Kathmandu, Nov. 22: The Embassy of Nepal in South Korea is conducting 'stress management and voluntary repatriation' programme targeting the Nepali migrant workers. Labour Councilor Dilliram Bastola at the Embassy said that the programme is going to be held to reduce mental stress and the cases of suicide among Nepali…

11/22/2018

Embassy of India and CII organize the Construction Equipment Exhibition- ConMac 2018

Kathmandu, Nov. 21: The Embassy of India in Kathmandu is partnering with the Confederation of Indian Industry (CII) for an exhibition of construction equipment and technology-ConMac 2018 from November 22-24, 2018 at Salagari Open Ground, Bhaktapur.   More than 150 business exhibitors and companies from India will showcase their products and…

11/22/2018

Foundation stone laid to Thrishuli III B Substation

Kathmandu, Nov. 21: The foundation stone of the Trishuli III Substation to contribute some 600 MW electricity to the national grid has been laid on Wednesday. Minister for Energy, Hydropower and Irrigation Barshaman Pun laid the foundation stone to the hydropower project located between Rasuwa and Nuwakot. The foundation laying…

11/21/2018

USA positive to zero customs to Nepali readymade garments

Kathmandu, Nov. 20: The United States of America has been positive to ensure zero customs to Nepali readymade garments. The Ministry of Industry, Commerce and Trade informed that the American Trade Representatives (USTR) has signaled to initiate legal process for it after Nepal government's request. In the meeting of the…

11/21/2018

Bus service from Lucknow to Janakpur

Dhanusha, Nov. 19: Bus service from Lucknow, the capital city of Uttar Pradesh, India, to Janakpur, capital city of province 1, has begun. The government of Nepal has given permission to two buses for operation of its service from Lucknow to Janakpur. The government of Uttar Pradesh has brought the…

11/20/2018

Share market suffers around 6-point fall

Kathmandu, Nov. 19: The domestic share market again suffered a fall today, the second of the week. According to the Nepal Stock Exchange (NEPSE), its index plummeted 5.9 points today to sit at 1189.56 points compared to the trading of the opening day. Likewise, the sensitive sub-index that measures the…

11/19/2018

Successful test of cannoning in Tanahun

Damauli, Nov. 18: A successful test of cannoning was conducted in Indra falls located at Pathardi of Bhimad Municipality-9 in Tanahun district. The cannoning would be explored in Indra falls to develop the site as a tourism destination. Ward Chairman of Bhimad Municipality-9 Imansingh Thapa said that the Pokhara-based Dreamland…

11/18/2018

Chhayanath Rara Municipality imposes ban on liquor

Rara, Nov. 18: Chhayanath Rara Municipality in Mugu district was declared liquor-free zone, the first of its kind in the country. Declaration of liquor-free zone was made amid a programme on Saturday with a huge presence of locals from all 14 wards. The municipality and local police administration had conducted…

11/18/2018

Tripurasundari Jatra begins

Baitadi, Nov. 15: A cultural and religious festival has kicked off in famous Tripurasundari Bhagawati Temple of Baitadi district from today. Recently, the government has named the temple located at Dasharathchandra Municipality-8 as the new tourism destination in Baitadi district. The festival (Jatra) shall end on Friday, the organizer said.…

11/15/2018

NEPSE sees double-digit surge

Kathmandu, Nov. 13: The domestic stock market which had been on a bearish run for the past few days, maintained its position however, today, as it gained about 14 points today, the third day of the week. The Nepal Stock Exchange (NEPSE) index surged 13.97 points to close at 1,207.31…

11/13/2018

Villagers access electricity after 26 years

Darchula, Nov. 13: Amar Singh Sahu, 75, of Mahakali municipality-2, Mulla has cherished his dream to illuminate the village with electricity after 26 years of his continuous efforts. It may be noted that 200 Kilowatt electricity was generated from local rivulet at Dunguri in Mahakali municipality in 1992 (2049 BS).…

11/13/2018

NEPSE suffers double digit dip

Kathmandu, Nov. 12: The Nepal Stock Exchange index has suffered a 13.03 points dip to shut at 1192.75. Likewise, the sensitive index, which measures the performance of group 'A' stocks, has also gone down by 2.66 points to stand at 253.42. The total 443,355 shares of a total of 131…

11/12/2018

Discussions underway for Nepalgunj airport expansion

Ranjha, Nov. 12: Locals have initiated efforts for the expansion of Nepalgunj-based Ranjha Airport as a regional international airport. They started holding discussion at local level to endorse the decision for up-gradation of existing airport to the regional and international standards and take permit for embarking on flight service to…

11/12/2018

Fund collected from Deusi-Bhailo in social service

Dang, Nov. 12: Women of Tulsipur, Dang handed over relief materials and equipment to Tulsipur-based Elderly Service Committee and Senior Citizen Society on Sunday. They handed the support worth amounting to Rs 30,000 out of Rs 509,840 collected from Deusi-Bhailo cultural programme. Warm clothes were provided to five elderly people…

11/12/2018

Kathmandu-Janakpur tourist bus service begins

Kathmandu, Nov. 11: Kathmandu to Janakpur direct tourist bus service has been brought into operation from today. The first of its kind along the route was operated by Deepjyoti Tours and Travel Pvt. Ltd. The bus would reach Janakpaur via Kavre, Sindhuli and Bardibas. The direct tourist bus service is…

11/11/2018

Fairs and festival fervor in Far-west hills

Baitadi, Nov. 10: Festival fervor has gripped the hilly districts of the Far-west province along with Tihar, the second biggest festival of the Nepalis. The festive environment has started in Darchula, Dadeldhura and Baitadi districts with the start of the Kattik Shuklapakshya. Kattik Shuklapakshya or the waxing moon period in…

11/10/2018

Cable car service to Panchase in offing

Parbat, Nov. 10: Cable car transportation is to be constructed connecting Panchase, the famous touristic and religious place situated at the tri-junction of Parbat, Kaski and Syangja districts. The cable car facility is being constructed at Ghantichhina of Pokhara metropolitan city-23. It will be linked up to Panchase from Ghantichhina.…

11/10/2018

Raxaual-Amlekhgunj petro pipeline project produces 50 percent progress

Hetauda, Nov. 6: The installation of petroleum pipelines from Raxaul to Amlekhgunj has witnessed a fifty per cent progress. Works to develop an underground network to bring petroleum products from Raxual, India to Amlekhgunj have been intensified. Under the petroleum pipeline project of Nepal Oil Corporation (NOC), there will be…

11/06/2018

NEPSE closes with green notification as it sees double-digit rise

Kathmandu, Nov. 6: The domestic share market enjoyed a double-digit rise today, the third day of the week. The stock market had formally entered the full-automated online system from today. The index of Nepal Stock Exchange (NEPSE), the sole secondary stock regulator, increased by 10.79 points today compared to the…

11/06/2018

18 new tourism destinations identified in Gandaki

Damauli, Nov. 6: The Ministry of Culture, Tourism and Civil Aviation has chosen different 18 places of Gandaki Province as new tourism destinations for tourism development. The Ministry has selected the areas based on recommendations of Nepal Tourism Board, local and provincial governments and stakeholders as well as the applications…

11/06/2018

Share market suffers double-digit fall

Kathmandu, Nov. 4:The domestic stock market experienced an expected fall today, the first day of the week.The Nepal Stock Exchange (NEPSE) index dipped 13.70 points to sit at 1,207.64 points. The sensitive index that measures the values of 'A' class companies plummeted 2.76 points to close at 256.91 points. However,…

11/04/2018

Kalinchowk cable car in operation

Jiri, Nov. 3: A cable car service, the third one in the country, has come into operation in religious and tourist spot in Kalinchowk at Dolakha. The test operation of the cable car was conducted before the Dashain festival and was commercially operated from today. With the operation of the…

11/03/2018

NEPSE index suffers modest dip

Kathmandu, Nov. 3: Nepal Stock Exchange index has suffered a slight decline to close at 1,220.98 points on the last trading day of the week as compared to the first trading day, which shut at 1227.50. Likewise, the sensitive index, which measures the performance of class 'A' stocks also dipped…

11/03/2018

Transaction worth Rs. 3.3 million in flower exhibition

Kathmandu, Nov. 3: The 12th competitive exhibition of Marigold flowers taking place in the capital has seen so far a footfall of 25,000 with a transaction worth Rs. 3.3 million. The exhibition began on Thursday and the arrival of visitors and transaction is expected to go up until it ends…

11/03/2018

Labour permit to be issued on Saturday too

Kathmandu, Nov. 3: The Department of Foreign Employment is to issue labour permit on Saturday too. Considering the increasing pressure of people coming to acquire labour permit to go for foreign employment, the Department decided to continue the service on public holiday too. Accordingly, the Foreign Employment Office in Tahachal…

11/03/2018

India jumps to 77th rank on World Bank's 'ease of doing biz' index

Washington/ New Delhi, Oct. 31: India has jumped 23 places to the 77th position in the World Bank's 'ease of doing business' ranking released Wednesday, a development that could help the country attract more foreign investments.   India was ranked 100th in World Bank's Doing Business Report last year. The…

10/31/2018

Industrialist Agrawal held for 'not paying' sugarcane farmers

Kathmandu, Oct. 31: Industrialist Rakesh Agrawal has been arrested by the police on the charge of not paying sugarcane farmers. He was arrested today by the Kathmandu Police from Tripureshwor. Agrawal is the proprietor of the Indira Sugar Mill and Agro Pvt Ltd, Nawalparasi and the Annapurna Sugar Mill Pvt…

10/31/2018

Local governments agree to promote dairy industry

Terhathum, Oct. 31: Local governments of the district have shown interest to open dairy processing industries. People’s representatives from all the local governments in Terhathum have agreed to operate milk processing industries to encourage farmers for production. Some of the local governments have appropriated budget for milk processing industry in…

10/31/2018

Air Asia ends service to Kathmandu without clearing arrears Rs 130 million

Kathmandu, Oct. 29: Air Asia, a Malaysian airline, has closed its flight to Nepal without clearing arrears worth Rs 130 million to the Tribhuvan International Airport (TIA), said TIA administration. The jet aircraft of Air Asia operating flight between Kuala Lumpur and Kathmandu daily closed service on October 13 for…

10/29/2018

Herbal plants processing centre set up

Mangalbare, Oct. 29: Youth entrepreneur Nityananda Dahal has established a herbal processing centre at Pyang in Mai Jogmai Rural Municipality of Ilam. He established Oceanic Herbal Processing Centre at the investment of Rs 1.6 million. The objective is to produce oil with medicinal values from the herbal plants available at…

10/29/2018

Mustang sees high tourist inflow; all hotels occupied

Baglung, Oct. 29: The inflow of domestic and foreign tourists has abruptly increased in popular tourism destinations, Myagdi and Mustang, especially during festive time of Dashain and Tihar. With the rise in arrivals of tourists, the hotels available in Manang and Mustang are fully occupied and are not adequate to…

10/29/2018

Paddy production to rise by percent

Parbat, Oct. 26:The paddy production in Parbat district is forecasted to increase by 10 percent this year compared to the last year, thanks to timely plantation of paddy seedlings, good rainfall and favourable weather condition, according to the Agricultural Knowledge Centre, Parbat. Parbat district had also witnessed good paddy production…

10/26/2018

Wire extension on Trishuli-Kathmandu 220 KV transmission line begins

   Betrawati, Oct. 24: Wire expansion has begun along the under-construction Trishuli-Kathmandu 220 KV ‘Double Circuit’. The wire is being installed on the electric poles from Suryamati to Thansingh of Nuwakot since Tuesday, shared Upper Trishuli Three ‘A’ Hydropower Project Chief Fadindra Raj Joshi . He further said the contractor…

10/24/2018

Capital expenditure around 7%

Kathmandu, Oct. 23: Despite timely announcement of the budget as ensured in the Constitution of Nepal, the capital expenditure of the government in the current fiscal year is not encouraging. The capital expenditure in the country has not met its target as per the information released by the officials on…

10/23/2018

Minister Yadav seeks WTO's continued technical support to enhance trade capacity

Kathmandu, Oct. 23: Minister for Industry, Commerce and Supplies Matrika Prasad Yadav held a meeting with Roberto Azevedo, Director General (DG) of the World Trade Organization (WTO) on 22 October at the latter’s office in Geneva, Switzerland. A number of trade related issues rangeing from challenges of multilateral trading system,…

10/23/2018

Commerce Minister Yadav in Geneva

Kathmandu, Oct. 22: Matrika Prasad Yadav, Minister for Industries, Commerce and Supplies, reached Geneva on Sunday night leading a Nepali delegation to the world Investment Forum (WIF) 2018. The event is jointly organized by United Nations Conference on Trade and Development (UNCTAD) and the Government of Switzerland. Deepak Dhital, Ambassador…

10/22/2018

Over 700 freed kamaiyas get land in Dang

Tulasipur, Oct. 21: More than 700 freed kamaiyas in Dang district have been provided with land plots for constructing houses. The Freed Kamaiya Society Dang stated that 705 out of the 1,426 people who have been issued with the freed-kamaiya identity cards have been given land and the land-ownership papers.…

10/21/2018

Nepal-Tibet trade hit for lack of road and other facilities

Darchula, Oct. 20: Trade with Tibet through the Tinkar transit point has come to a standstill for the past few years for lack of access road and customs office. In the past, Darchula traders used to directly import goods from Tibet and sell them in the district headquarters of Khalanga.…

10/20/2018

Herbal farming improving socio-economic status of Kanchanpur women

  Kanchanpur, Oct. 20: A group of women engaged in the herbal farming at Beldandi in Shuklaphanta Municipality in Kanchannpur district have been achieving economic independence thereby uplifting their socio economic status since their herbal farming began to thrive. They have become a veritable backbone of subsistence herbal farming in…

10/20/2018

तल्लो सेतीको सम्भाव्यता अध्ययनका लागि प्रस्ताव माग

दमौली, १ कात्तिक ।  एक सय चालीस मेगावाटको तनहुँ जलाशययुक्त जलविद्युत् आयोजना सञ्चालन गरिरहेको तनहुँ हाइड्रोपावर लिमिटेडले आफूले बनाउन लागेको अर्धजलाशययुक्त आयोजना तल्लो सेती १०४ मेगावाटको विस्तृत सम्भाव्यता अध्ययनका लागि प्रस्ताव माग गरेको छ ।  आयोजनाको विस्तृत सम्भाव्यता अध्ययन (डिपिआर) गर्नका लागि पूर्वछनोट भएका छ कम्पनीलाई लिमिटेडले प्रस्ताव माग गरेको…

10/18/2018

Dashain market monitored

Parasi, Oct. 17: Ramgram municipality of West Nawalparasi conducted the monitoring of Dashain market on Wednesday. The market monitoring was conducted at the local level with the enforcement of a monitoring directive. Deputy Mayor of the municipality, Rambha Kunwar, led the market monitoring. The Local Government Operation Act 2074 has…

10/17/2018

15,000 MW electricity in 10 years: Energy Minister Pun

Okhandhunga, Oct. 13: Minister for Energy, Water Resource and Irrigation Barsha Man Pun on Saturday said 15,000 megawatts electricity would be produced in next 10 years. "Nepal is rich in water resources, and it will be self-reliant by tapping the vast potential of hydro. Work is on towards realizing the…

10/13/2018

Super Mai Hydropower Pvt Ltd starts trial production

Fikkal, Oct. 11: The Super Mai Hydro Pvt. Ltd. operated in Ilam has started test power generation. The hydroelectricity project is situated on the bank of the Mai Khola river on the foothill bordering Barbote of Ilam Municipality-5 and Soyang of Maijogmai rural municipality-4 in Ilam district. The project generates…

10/11/2018

Route permit open from today

Kathmandu, Oct. 10: The Department of Transport Management has opened route permit for public vehicles from today. In order to ease travel of incoming and outgoing passengers with the grand festivals of Nepali, Dashain, Tihar and Chhath coming nearer, the Department has kept the route permit open from October 10…

10/10/2018

Businesspersons protest market monitoring

Gaighat, Oct. 9: The traders here have closed down the markets in protest after the Area Administration Office, Katari, and Katari Municipality continued conducting strict monitoring of the market for some days. During the market monitoring, the administrative officers seized the inedible food items and closed some shops run without…

10/09/2018

Nepalis will not have to for foreign jobs after 5 yrs: Labour Minister

Kathmandu, Oct. 8: Minister for Labour, Employment and Social Security Gokarnaraj Bista has said that the obligatory situation of Nepalis to go for foreign jobs would be brought to an end within five years. Releasing an informative song by singer Durga Rayamajhi in the capital city today, Minister Bista claimed…

10/08/2018

NEPSE posts double-digit fall on opening day

Kathmandu, Oct. 7: The domestic share market suffered a fall today, too. According to the Nepal Stock Exchange (NEPSE), the share market which has been on a continuous bearish run was hit by a double-digit fall in the opening day. The NEPSE index shows the values of share plummeted 12.22…

10/07/2018

NTC tops market capitalisation rank

Kathmandu, Oct. 6: Nepal Telecom has been ranked number one by the market capitalisation among the 10 best performing companies selected by the Nepal Stock Exchange. The state owned telecommunication service provider has the market capitalisation worth over Rs 110 billion. Nabil Bank has been ranked second with the market…

10/06/2018

Second International Plastic Products Expo kicks off

Kathmandu, Oct. 6: The second international plastic products exhibition has opened in the capital. Minister for Industry, Commerce and Supplies Matrika Prasad Yadav inaugurated the expo on Friday. The exhibition is organized by Plast Nepal Foundation. On the occasion, he stressed on the need of promoting the re-use of plastic…

10/06/2018

Poverty is the ‘main opposition’ of government: Chief Minister Shahi

Surkhet, Oct. 6: Chief Minister of Karnali Province Mahendra Bahadur Shahi has said that poverty alone is the main opposition of the government. He said this while speaking in the ‘meeting cum interaction of the people’s representatives with the chief minister’ programme organized by the Kalikot District Coordination Committee here…

10/06/2018

False rumour on tax: Minister Gurung

Damauli, Oct. 5: Minister for Finance and Planning of Gandaki Province Kiran Gurung has claimed that the false rumours surrounding taxation was being widespread by the forces that are against federalism. Inaugurating the 'Sukhla Gandaki Lions Festival' organized by Lions Club of Shukla Gandaki Town in Tanahu district Friday, Minister…

10/05/2018

NAC resumes Kathmandu-Taplejung air service

Taplejung, Oct. 5: The Nepal Airlines Corporation (NAC) has resumed its flight to Taplejung from Kathmandu, ending the gap of around four months now. With the new decision, the NAC is preparing to begin its air service from coming Wednesday and the air fare would be slashed by Rs 1040…

10/05/2018

NEPSE index suffers modest dip

Kathmandu, Oct. 4: The Nepal Stock Exchange (NEPSE) index today suffered a slight dip of 3.23 points to close at 1,227.37. The sensitive index, which measures the performance of class 'A' stocks, also went down by 0.82 points to rest at 260.24. Over 1.58 million shares of the total 165…

10/04/2018

Sangam Sweets found using inedible chemicals

Kathmandu, Oct. 2: The Department of Food Technology and Quality Control has sealed a sweets house in the capital city. The Department confirmed the use of blue dye chemical named Hydro-1 in the chocolates prepared by one Sangam Sweets and Snacks Company. The officials during a monitoring today confirmed the…

10/02/2018

Tarigaun airport to resume its operation

Tulsipur, Oct. 2: Tarigaun airport, which has remained closed for long, is coming into operation again. A test flight is taking place today as per an agreement reached between Tulsipur sub-metropolis Mayor Ghanashyam Pandey and Nepal Airlines Corporation’s Chairperson Madan Kharel on Monday. “Preparations are being made to operate air…

10/02/2018

Govt committed to resolved taxation-related issues: Acting PM Pokharel

Kathmandu, Oct. 1: Acting Prime Minister Ishwor Pokharel has reaffirmed that the government was committed to addressing any issue related to taxation that were giving people a hard time. Addressing the 39th annual general meeting of the Lalitpur Chamber of Commerce and Industry here today, Acting PM Pokharel clarified that…

10/01/2018

‘Govt is working for working-class people’

Kathmandu, Sept. 29: Minister for Labour, Employment and Social Security Gokarna Bista has said that this government was always in favour of working-class people. Inaugurating the ninth annual general assembly of Nepal Electrician Association, Minister Bista said that the workers in the field of electric service tend to bear high…

09/29/2018

Ticket booking opens in advance for Dashain holidays

Kathmandu, Sept. 25: Bus ticket booking has opened from today in advance for the convenience of passengers going home for the Dashain holidays. Although a joint meeting of the Department of Transport Management and the transport entrepreneurs had on September 16 decided to open the ticket booking from September 21,…

09/25/2018

‘Agriculture in top priority’

Biratnagar, Sept. 24: Chief Minister of Province No. 1 Sherdhan Rai has reaffirmed that his provincial government had accorded top priority to the development of agriculture sector. Inaugurating the office of the Agriculture Development Directorate set up in Biratnagar as per the new organizational structure of the Ministry of Land…

09/24/2018

Upper Arun Hydropower Project to be developed in domestic investment

   Kathmandu, Sept. 22: Decks have been cleared to develop the Upper Arun Hydropower Project of around 1,000 megawatt in the domestic investment. As per the system developed, commoners would be given 49 per cent in share while Nepal Electricity Authority (NEA) and other companies would invest the remaining cost…

09/22/2018

Govt accords high priority to private sector: Minister Khatiwada

Pokhara, Sept. 21: Finance Minister Dr Yubaraj Khatiwada today said the government has put private sector on top priority. Informing that the government has a policy to simplify tax system, he expressed commitment to encourage tax payers and take action against tax evaders. The minister was inaugurating the 32nd General…

09/21/2018

NEPSE index suffers a modest dip

Kathmandu, Sept. 20: The Nepal Stock Exchange index has suffered a slight dip today with 3.74 points decline to close at 1255.07. Likewise, the sensitive index, which measures the performance of class 'A' stocks, has also declined 0.51 points to sit at 266.09. The total 215,829 shares of a total…

09/20/2018

Cancer survivor child gets support

Kathmandu, Sept. 20: Children of Kavya School based in New Baneswor, Kathmandu have raised fund to support to the treatment of eight-year-old cancer survivor child Himal Pandey. Pandey hailing from Ranwabeshi rural municipality-4, Thumre, Dharapani is undergoing treatment of blood cancer (second phase) at Kanti Child Hospital. At a programme…

09/20/2018

Demand to roll back petro price hike

Kathmandu, Sept. 19: Federation of Nepalese National Transport Entrepreneurs has demanded rollback of the decision to hike petro product price. Issuing a press release on Tuesday evening, Federation Chairperson Yogendranath Karmacharya called for the government to withdraw price hike in view of festive season. "We have opened prior ticket booking…

09/19/2018

NEPSE sees slight fall

Kathmandu, Sept. 17: The domestic stock market that closed with the records of a double-digit rise on Sunday, the first trading day of the week, suffered a slight fall today. The Nepal Stock Exchange (NEPSE) Index today decreased by 0.31 points compared to the previous day to sit at 1256.40…

09/17/2018

Customs office relying on an assistant staff

Pashupathinagar, Ilam, Sept. 17: The Manebhanjyang customs office based in Suryodaya municipality-1 of Ilam is being operated relying on an office assistant. The subordinate customs checkpoint under Ilam-based Pashupatinagar customs office of the eastern hilly region is entirely run on the capacity of a single assistant level employee. Only serving…

09/17/2018

Raghuganga hydropower project construction begins

Myagdi, Sept. 17: The infrastructure building of Raghuganga hydropower project with the capacity of 40 MW has begun. JP Associates – an Indian Construction Company – which won the contract award of Rs 6 billion for the project construction last year has begun the first phase of its works. The…

09/17/2018

NEPSE gains double-digit

Kathmandu, Sept. 13: The Nepal Stock Exchange index continued to increase today with a swell by 14.13 points to close at 1,244.84. Likewise, the sensitive index that measures the performance of class 'A' stocks also surged 3.47 point to stand at 264.27. The market recorded the trading of the total…

09/13/2018

Devchuli turning to a tourism area

Nawalparasi, Sept. 12: Devchuli Hill (Danda), located in eastern Nawalparasi, is gradually turning into a tourism area. Lately, number of domestic and foreign tourists turning up to Devchuli Danda for trekking is on the rise. Besides, trekkers are increasingly attracted to take joy of the ambience of Tinkanya Mai Temple…

09/12/2018

Preparation to generate energy from waste

Tulsipur, Sept. 10: In an effort to manage wastes efficiently, the Ghorrahi sub-metropolis is making necessary preparation to generate energy from perishable waste. In this connection, the sub-metropolis has selected company through bidding process to undertake the assignment of generating power from waste. The contract for the assignment was awarded…

09/10/2018

New road to have 'Smart Parking'

Kathmandu, Sept. 5: Kathmandu Municipal Corporation is to construct a 'smart parking' site with a capacity for 500 vehicles in New Road. The KMC has called for a quotation for the contractors willing to construct the seven-storey parking building. The metropolis has allocated 1.1 ropani of land in Dharmapath, New…

09/05/2018

Free mobile app to local level

Kathmandu, Sept. 5: The Ministry of Federal Affairs and General Administration is providing free of cost mobile app to the local levels in association with the Department of Information Technology. The Department developed the mobile app to be used for disseminating all the information and messages of the local level…

09/05/2018

Tax-payer service office and internal revenue office set up

Damak, Sept. 4: A tax-payer service office has been set up at Biratchok of Sundar Haraincha municipality -10 in Morang district. The office has been established with the objective of providing the services that are provided by the Internal Revenue Office, Biratnagar to the industrialists and businessmen of eastern Morang…

09/04/2018

Notable increment in export tax on ginger both in Nepal and India

   Bhadrapur, Sept 1: The Appellate Court, Ilam has on Friday issued an interim order not to impose export tax on ginger. The court issued the order staying the imposition of such tax until another decision is taken in that connection. The Appellate Court issued the order in response to…

09/01/2018

Family support to school

Myagdi, Aug. 30: A family has provided monetary support to a school at Gadpaar in Annapurna Rural Municipality in the district. Tej Bahadur Sherpuja Pun and his spouse Mana Kumari provided Rs 780 thousand to the Narchyang Basic School. The Pun couple from Gadpaar is currently residing in Britain. The…

08/30/2018

New industry see rise in proposed investments

Dhangadhi, Aug. 28: Investment amounting to Rs 1.38 billion has been proposed in 903 new industries registered in Kailali district during the fiscal year 2074/75 BS. Among the registered firms, the small industries have proposed investment of Rs 1.5 billion while micro-enterprises have investment of Rs 330 million. According to…

08/28/2018

BIMSTEC: Senior officials' meeting scheduled for Tuesday

  Kathmandu, Aug. 27: A meeting of the senior officials, including the Foreign Secretaries, of the member countries of Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is taking place here on Tuesday in preparation for the regional group's 4th Summit conference. The BIMSTEC 4th summit is…

08/27/2018

Karnali to have high-tech Nursery

Surkhet, Aug. 25: High-tech nursery for growing young trees and plants are going to be established in all the 24 constituencies of Karnali State. The initiative has been taken by the Ministry of Land Management, Agriculture and Cooperatives of the State, with budget appropriated for the same in the current…

08/25/2018

Construction of new trekking route underway

Myagdi, Aug. 25: A new trekking route is under construction in order to promote tourism in the district headquarters Beni. The trekking route has been named as Mona Beni Lovely Hill trekking route and is being jointly constructed by Beni municipality, Myagdi Overseas Nepal Association (MONA) and Myagdi Chamber of…

08/25/2018

First landline telephone service in municipality

Parbat, Aug. 25: Falebas, the second municipality of the district will soon be getting its first ever landline telephone service. Prior to this, the residents of the municipality had access to mobile telephone service only. The Nepal Telecom Parbat office is expanding landline telephone as well as internet service in…

08/25/2018

Preparation of BIMSTEC summit in last leg

Kathmandu, Aug. 24: The preparations to hold the fourth summit of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) in Kathmandu on August 30-31 has reached the last phase. While preparation for the summit is underway, the works relating to writing of Declaration and its contents…

08/24/2018

Rural municipality prepares tourism master plan

   Myagdi, Aug. 24: Malika Rural Municipality in Myagdi district has prepared the final draft of its five-year-long tourism master plan by incorporating the status of tourist sites, their potentials, problems they facing and the need assessments. The master plan has laid emphasis more on infrastructure development including trekking routes,…

08/24/2018

Utilize BIMSTEC as opportunity: Experts

Kathmandu, Aug. 23: Experts on foreign affairs and trade have said the BIMSTEC could be utilized as an opportunity for regional development and expansion of trade. The forthcoming fourth BIMSTEC summit being held in Nepal could be taken as the platform for wider international image of Nepal, they said during…

08/24/2018

Experts want BIMSTEC's focus on reducing climate change effects

Kathmandu, Aug. 22: The foreign affairs experts and former diplomats have said one of the major focuses of the BIMSTEC could be the reduction of climate change effects. During a discussion organized at Foreign Ministry today, former ambassadors and diplomats argued that time has come to link all members of…

08/22/2018

Global Investors Summit at Indore, India

Indore (India), Aug. 22:  Government of Madhya Pradesh, India is organising a Global Investors Summit 2019 which is supported by Department of Industrial Policy and Investment Promotion, Government of India. The Summit is scheduled to be held  on 23rd and 24th February 2019 at Brilliant Convention Centre, in Indore, Madhya Pradesh,…

08/22/2018

National flag carrier to bring in more tourists

   Kathmandu, Aug. 21 (RSS): The national flag carrier which bought two wide-body aircrafts recently is exploring new destinations in Europe, North America and South East Asia to bring in more visitors to the country. With the new destinations, the Nepal Airlines Corporation (NAC) expects to increase its business and…

08/21/2018

Scholarship of 2 million for technical HR development

Baniyani (Jhapa), Aug. 21: In a bid to push for the development of technical human resources, Haldibari rural municipality has granted scholarships amounting to two million rupees. The scholarship was provided to 10 students to incentivize them to pursue education related to livestock stream, said Haldibari rural municipality Chairperson Rabindra…

08/21/2018

Koshi Tappu provides relief to victims

Inruwa, Aug. 21: The Sunsari-based Koshi Tappu Wildlife Reserve has provided compensation to the victim and affected families. Reserve's Chief Conservation Officer Shyam Kumar Saha informed that compensation amounting to Rs 11.41 million was handed over to the families reeling under wild animal terror in the fiscal year 2074/75 BS.…

08/21/2018

Assistance to school

Myagdi, Aug. 20: Deepak Secondary School at Patlekhet of Beni municipality-10 has been provided assistance of more than Rs 300 thousand. The family members of Mana Prasad Sherchan, originally hailing from Patlekhet and currently living in the US, have provided the assistance, said school teacher Bishnu Dhungana. Moreover, Sandip Sherchan,…

08/20/2018

Nepse suffers double-digit fall

Kathmandu, Aug. 19: The domestic share market was hit by a double-digit fall, today, the opening day of the week, making investors disappointed. According to the Nepal Stock Exchange (NEPSE), the share market fell 14.03 points compared to the figure of the closing day of last week, thus closing at…

08/19/2018

Employee arrested with bribe money

Itahari, Aug 18: Secretary of ward no. 10 of Itahari sub-metropolis Bidur Regmi has been arrested on the charge of accepting a bribe from a service recipient. He was arrested from the Rojak momo house in Itahari-6 on Friday evening along with evidence of him receiving Rs. 13,000 in bribe…

08/18/2018

Floods havoc wreak to hydropower projects

-Santosh Gautam Myagdi, Aug. 17: Two hydropower projects based in Myagdi and Mustang districts have come to closure with the monsoon rain-triggered floods causing damages to the dams. The recurring floods have disrupted the operation of Thapakhola Hydropower Project (13.6 MW ) at Thasang rural municipality-1, Tukuche in Mustang and…

08/17/2018

Religious fair in Taudaha on Naag Panchami

Kathmandu, Aug. 16: A religious fair has begun at Taudaha in Kirtipur Municipality on the occasion of the Naag Panchami festival today. Naag Panchami is the festival dedicated to Naag or the serpant deities. It is ovserved on the fifth day of the bright half of the Nepali month of…

08/16/2018

No changes in tax rate: Finance Minister

Kathmandu, Aug. 12: Minister for Finance, Dr Yubraj Khatiwada, has said that though there were challenges in revenue collection for the implementation of budget of the current fiscal year, the rate of tax has not been changed. During the meeting of Finance Committee of the Parliament held on Sunday, Finance…

08/12/2018

"Give us electricity, Honourable Minister"

   Kathmandu, Aug 11: "The government had announced to provide electric meters to landless squatters. But we have been deprived of electricity service for want of electric meter. Could our problem be addressed honourable minister?" Kamala Bishwokarma, a landless squatter from Tikapur in Bardiya complained with Minister for Energy, Water…

08/11/2018

Share market continues to plummet

Kathmandu, Aug 11: Share market transaction as well as NEPSE index both suffered a decline this week, with the total transaction failing to each even one billion rupees. During the week, shares of 181 companies were traded with the transaction of Rs. 918.7 million rupees. A total of 3.64 million…

08/11/2018

Contractors' associations of Nepal and Myanmar reach collaboration agreement

Kathmandu, Aug 11: Federation of Contractors' Associations of Nepal (FCAN) and the Myanmar Licensed Contractors' Association have agreed to move ahead working together and enhancing bilateral relations. The officials of the contractors' associations of the two countries agreed to promote bilateral collaboration in a meeting between the Federation and the…

08/11/2018

BIMSTEC members' senior officials meeting before 4th Summit

   Kathmandu, Aug. 10: A meeting of the senior officials of member states of BIMSTEC (Bay of Bengal Initiative of Multisectoral Technical and Economic Cooperation) is taking place in Kathmandu tomorrow. The daylong meeting is scheduled to kick off at 9:00 am to make preparations for upcoming fourth Summit of…

08/10/2018

NEPSE index continues to dip

Kathmandu, Aug 9: The Nepal Stock Exchange index continues to be on a downward spiral today. The NEPSE dipped 6.69 points to close at 1,180 to follow previous days that saw a moderate decline. Likewise, the sensitive index, which measures the performance of class 'A' stocks, also decreased 1.37 points…

08/09/2018

Civil servants arrested for taking bribe

Kathmandu, Aug 8: The Commission for Investigation of Abuse of Authority (CIAA) has arrested two persons on charge of taking bribe from Kalanki, Kathmandu. The CIAA took under control surveyor at Survey Office, Kalanki, Hari Oli and office assistant, Amar Lal, for taking Rs 15,000 in bribe money. CIAA Spokesperson…

08/08/2018

CIAA lodges cases against officers for embezzling millions from state coffers

Kathmandu, Aug. 6: The Commission for the Investigation of Abuse of Authority (CIAA) has lodged a case in the Special Court on Monday against Account Officer Rabin Chandra Dhakal of Katari Municipality of Udayapur district on the charge of embezzling nearly Rs 40 million. The anti-graft body said that Account…

08/06/2018

Couple donates land for health post

Parbat, Aug 6: A couple here donated a land worth amounting to Rs 3 million for the construction of a health post building in the village. Chhatra Bahadur Kshyatri, a local, and his wife Bhadrakala Kshyatri donated five aana land for the construction of a building of health facility at…

08/06/2018

Incentive to mothers with daughters

Baitedi, Aug 5: More than two hundred mothers who gave birth to a daughter were honoured by the Dogadakedar rural municipality. In the previous fiscal year 2017/18, the rural municipality provided an incentive of Rs. 1,000 each to 212 new mothers with daughters, according to health coordinator Narendra Nath. The…

08/05/2018

Rs 1.5 million collected to save life of Gharti Magar languishing in Saudi Arabian prison

Kathmandu, Aug 3: More than Rs 1.5 million collected to save the life of a Nepali migrant Dil Bahadur Ghatri Magar, who is languishing in a Saudi Arabia prison, has been handed to the main committee of 'Save Life of Dil Bahadur Campaign-2075' amid a programme in the Capital. On…

08/03/2018

Upper Tamakoshi Hydropower Project seeks application from affected local from Wednesday

Dolakha, Aug 1: The Upper Tamakoshi Hydropower Project has sought application from the district people affected by the project from Wednesday for over 10 million units of shares allocated to them through the initial public offering. The last date to apply for the shares is August 30. Application can be…

08/02/2018

Motihari-Amlekhgunj pipeline laying works affected

Birgunj, Aug 1: Incessant rainfall has affected the installation of petroleum pipelines from Motihari of India to Amlekhgunj of Bara. Laying pipeline has been so far completed in 15 kms out of 70 kms petroleum pipeline. The works have been heavily disturbed due to frequent rainfall. It may be noted…

08/01/2018

Cancer survivor receives financial aid

Itahari, July 30: Bikas Rai, a rectum cancer survivor, received a financial aid amounting to Rs 103,650. The assistance amount was handed to Rai, a local of Katari, Udayapur, amid a programme at Dharan on Sunday. A couple of months back, Rai's family, through social networking sites, had made an…

07/30/2018

MP's husband charged of misusing MP's development fund

Gaushala, July 29: Husband of State Assembly member in province no. 2 Babita Devi Chaudhary has been charged of embezzling funds from the MP development fund. A resident of Mahottari, Chaudhary represents the ruling Rastrija Janata Party in the Assembly. Binaya Chaudhary, the husband of MP Chaudhary has been charged…

07/29/2018

Lack of employees and budget affects services

Taplejung, July 27: Lack of employees and minimal amount of budget have affected services of different offices in Taplejung district. Office chiefs said so while presenting progress report of their respective offices at an annual review seminar organised by the District Coordination Committee on Thursday. On the occasion, Chief of…

07/27/2018

NFC rice remains unsold for higher price

Dunai, Dolpa, July 25: The rice sold in subsidy by the government has become too expensive for the locals to buy. The price of the Japanese rice received in grant by the government turned out to be higher than the market price of other species of rice. As a result,…

07/25/2018

Weak monsoon drying up paddy in Province-7

Dhangadhi, July 23: The paddy cultivated in most of the districts of Province-7 has started drying up in lack of monsoon-triggered rain here. The paddy cultivation carried out on the basis of rain water has been affected for no adequate rain this season. Junga Bir Chaudhary, a local farmer, said…

07/23/2018

Registration of route-permit obtained vehicles by mid-Jan

Kathmandu, July 22: Minister for Physical Infrastructure and Transportation Minister Raghubir Mahaseth has said that those public transport operators obtaining route permit from their respective district administration offices should compulsorily register with the Company Registrar Office by mid-January, 2019. The Department of Transport Management (DoTM) issued a 10-point Transport Directives…

07/22/2018

Rasuwa customs doubles revenue collection

Rasuwa, July 21: The Rasuwa Customs Office in Timure has doubled the revenue collection in the outgoing fiscal year compared to the previous fiscal. Revenue collection from the border point with neigbouring China increased by 126 per cent this year (2017/18) in compared to the previous year, reaching Rs 4.59…

07/21/2018

Farmer blame of misuse of grant

Itahari, July 21: Mushroom farmers in Budhiganga rural municipality have accused the authorities of indulging in irregularities to misuse the funds from the Prime Minister Agriculture Modernization Project. Speaking at a press meet held on Friday, the farmers charged the rural municipality authorities of embezzling the funds received from the…

07/21/2018

Financial assistance to orphans

Pokhara, July 21: A financial assistance of Rs. 23,000 collected through crowd funding was handed over to two children, who lost both their parent in the tipper accident that took place recently in Mustang. Mausam Ghartimagar and his wife Jitmaya were working as road construction workers in Mustang when the…

07/21/2018

Australia willing to invest in Nepal's energy sector

Kathmandu, July 20: Minister for Energy, Water Resources and Irrigation, Barshaman Pun, and Australian Ambassador to Nepal, Peter Budd, held discussion on the matters of collaboration in energy and hydropower sector. During the meeting held at Energy Ministry, Pun shared that he had issued a white paper for overall development…

07/20/2018

JWG meeting to discuss Operational MoU on India-Nepal Cross Border Rail Links held

Kathmandu, July 18: The 3rd meeting of the Joint Working Group (JWG) to discuss the Operational MoU on India-Nepal Cross Border Rail Links was held in Kathmandu on 10 July 2018. The 3rd meeting of the JWG was led by Manoj Kumar Srivastava, Executive Director (Traffic Transportation/ Freight), Ministry of Railways from…

07/18/2018

Construction of SAARC Handicraft Development Centre to begin

Kathmandu, July 18:The plan to establish SAARC Handicraft Development Centre in Kathmandu is likely to become true. Prime Minister KP Sharma Oli is scheduled to lay a foundation stone of the centre on July 22. Aimed to develop and promote handicrafts of the South Asian Association for Regional Cooperation (SAARC),…

07/18/2018

NEPSE again on bearish run

Kathmandu, July 17: The domestic share market which had been on the bullish run for the past two days, slid 8.05 points today compared to the previous day, thus closing at 1,204 points. According to the Nepal Stock Exchange (NEPSE) Ltd, index the sensitive index that measures the share values…

07/17/2018

Cabinet passes provision equalizing flight accident insurance to all air passengers

Ratnanagar, July 17: The Council of Ministers Monday endorsed the new provision guaranteeing equal air accident insurance amount to both Nepalis and foreign air passengers. Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari informed about this while inaugurating the operation of Sauraha-Chitwan high standard tourist AC Deluxe Bus Services…

07/17/2018

Susta folks to get compensation

Nawalparasi, July 16: The government is providing Rs 24.61 million in compensation to the flood-affected people of Susta in west Nawalparasi. People of Susta area incurred damage running into millions of rupees due to the inundation and floods last year. The compensation amount is being provided through the Ministry of…

07/16/2018

India to be Third Largest Economy by 2030 With GDP Worth USD 10 Trillion: Economic Affairs Secy

New Delhi, July 14: Economic Affairs Secretary Subhash Chandra Garg on Saturday said that the Indian economy is on stage of “take off” and is expected to become the world’s third largest economy by 2030 with GDP worth USD 10 trillion. “Good days are ahead and lot of good work is…

07/14/2018

Nepse to go online from July 17

Kathmandu, July 14: The trading of shares in the secondary market is going online from July 17. With the enforcement of this provision, the traders of the share markets can order the purchase and sale of the shares from their house, without visiting the share broker companies. The government is…

07/14/2018

Rs 100 thousand to be provided to landslide-affecetd family

Bhaktapur, July 13: The Lama family, who lost their three members after a landslide buried their shelter at Majhuwa of Changunarayan Municipality-7 on Thursday, is to be provided Rs 100 thousand as immediate relief. A meeting of the district disaster management committee on Thursday took the decision to provide the…

07/13/2018

BIMSTEC: Bridge to South Asia and South East Asia

   Kathmandu, July 12: Experts on foreign affairs have said the Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation (BIMSTEC) needs to be established as an effective bridge between South Asia and South East Asia. BIMSTEC established 20 years back had identified 14 areas of cooperation and has…

07/12/2018

NRB issuing new monetary policy today

Kathmandu, July 11: Nepal Rastra Bank (NRB), the central bank, is launching the new monetary policy later in the afternoon today. The new monetary policy will include a solid base for materialising the objectives set out in the budget for fiscal year 2018/19, NRB spokesman Narayan Poudel said. The NRB…

07/11/2018

NEPSE new CEO assumes office

Kathmandu, July 9:The government has appointed Ramesh Aryal as the Chief Executive Officer (CEO) of Nepal Stock Exchange (NEPSE) Ltd. Aryal, under-secretary at the Ministry of Finance, was appointed on the post for the time being. He assumed office today itself. NEPSE Board of Directors' chair Laxman Neupane administered oath…

07/09/2018

Call for investment in Nepal

Kathmandu, July 8: Nepali Ambassador to Bahrain Padam Sundas has appealed to Nepali organizations in Bahrain to help bring investment to Nepal. In an interaction with representatives of various organisations including the Non-Resident Nepalis Association at the Nepali Embassy in Manama on Friday, he called for efforts to utilize the…

07/08/2018

Share market closes with 39.88 points increase this week

Kathmandu, July 7: The total turnover in the domestic share market this week was 133.73 billion, which was more by 28.39 percent compared to the previous week. According to Nepal Stock Exchange (NEPSE), a total of 4,254,550 units of share from 184 companies were traded in the week. This week…

07/07/2018

Masons produced and employed at the local level

Rasuwa, July 7: The masons produced by Cottage and Small Industry Development Committee have been contributing to the post-quake reconstruction effort in the district. The Committee provided mason training to 194 locals including 66 women in five rural municipalities of Rasuwa. The trained masons are now busy with the post-quake…

07/07/2018

Minister Gyawali urges Malaysian counterpart to remove additional fees to Nepali migrant workers

Kathmandu, July 5: Minister for Foreign Affairs Pradeep Kumar Gyawali has urged the Malaysian Foreign Affairs Minister Saifuddin Abdullah to remove the additional fees levied on Nepali migrant workers. According MoFA, Minister Gyawali made a telephone call to his counterpart today and made such request. On the occasion, Minister Gyawali…

07/05/2018

KMC starts providing free internet services at seven places

Kathmandu, July 3: The Kathmandu Metropolitan City (KMC) has made internet services available at seven various public places. The people have free access to the internet at these places. The free internet facility is available at the Pashupatinath area, Balaju Park, Shankhapark, Swoyambhu, Bouddha and Hanumandhoka Durbar area. This service…

07/03/2018

Nepse index falls by 4.82 points

Kathmandu, July 2: The domestic share market continues to fall today too, thus closing at 1,179 points. According to the Nepal Stock Exchange Limited (NEPSE), the share market fell by 4.82 points today as compared to the previous day. The sensitive sub-index that measures the share value of 'A' class…

07/02/2018

NAC marks Diamond Jubilee

  Kathmandu, July 1: The national flag carrier Nepal Airlines Corporation is preparing to make flights in different destinations by owning the wide body plane for the first time in its 60 years of history. Established on July 1, 1958 with the 28 seater Douglas DC 3 Dakota Plane, the…

07/01/2018

One lakh to students with 4.0 GPA in SEE

Urlabari, Morang, June 30: The Everest Boarding School in Patharisanischare-1 has awarded a cash prize of Rs. 100,000 to its two students, who passed with 4.0 GPA in the Secondary Education Examinations or SEE of 2074. Samita Rijal and Adarsha Neupane were honoured with the cash prize at a function…

06/30/2018

Adopt zero tolerance against corruption: Commissioner Gurung

Panchthar, June 29: Commissioner at the Commission for Investigation of Abuse of Authority (CIAA), Dr Sabitri Gurung, has urged the people's representatives to adopt zero tolerance against corruption to ensure good governance at local level. During an interaction on role of CIAA at Phidim in the district Friday, Commissioner Dr…

06/29/2018

Darchula exports 30-kg Yarsa this year

Darchula, June 29: Over 30 kgs Yarsagumba have been so far exported from Darchula district this year. Information Officer at Apinampa Conservation Area Office, Pemba Sherpa shared that the Office had permitted to extract 30 kgs Yarsa and so was the quantity exported to different countries from the district. He…

06/29/2018

'Enable environment for integrity'

Nepalgunj, June 23: Various speakers underlined the need to make legal actions stronger so as to uproot corruption in Nepal. At a workshop on integrity organized here on Friday by National Vigilance Centre, participants suggested formation of a state mechanism preventing corruption and expanding the effectiveness of corruption control and…

06/23/2018

Priceless herbals being exported at Rs 20 per kg

Kathmandu, June 22: In absence of processing centre and sluggish technological development in Nepal, the cottage industry of the country has not taken momentum as expected. Now the precious herbals are being exported Rs 20 per kg in lack of processing technology. Nepal can reap much benefit from the export…

06/22/2018

Corruption free, effective service delivery campaign kicks off

Nawalparasi, June 21: The 'corruption free effective service delivery campaign' has kicked off in all government offices of western Nawalparasi. The government offices have come up with such campaign to provide effective public services by maintaining good governance and transparency, shared Chief District Officer of western Nawalparasi, Devendra Lamichhane. He…

06/21/2018

PM Oli urges AIIB to invest in Nepal

Beijing, June 20: Prime Minister KP Sharma Oli, who is currently on China visit, has urged the Asian Infrastructure Investment Bank to invest in Nepal. During a meeting with President of AIIB, Li Jiqun, at AIIB Headquarters in Beijing on Wednesday, PM Oli informed that hydropower and infrastructure developments were…

06/20/2018

More tourists, revenue in CNP

Chitwan, June 13: With the formation of a stable government and political stability in the country, the number of tourists visiting the Chitwan National Park (CNP) has gone up in the recent days. Along with the rise in the tourists' arrival, the revenue collection has also increased, according to the…

06/13/2018

India Releases NRs. 99.2 Million towards Installation of 2700 Shallow Tube Well Irrigation Systems in Nepal

Kathmandu, june 12: Ambassador of India  Manjeev Singh Puri handed over a Cheque of NRs. 99,211,893.22 to the Secretary, Ministry of Energy, Water Resources and Irrigation Dr. Sanjay Sharma at Singha Durbar Kathmandu On 11 June towards final payment for Nepal-Bharat Maitri Irrigation Project for Installation of 2700 Shallow Tube Well Irrigation Systems…

06/12/2018

Construction of railways accelerated

Chitwan, June 11: Process for the construction of railways in the country has been forwarded in a speedy manner. Process for the construction of East-West, Kerung-Kathmandu, Birgunj-Kathmandu railways and cross border connectivity at five places of bordering of India has been accelerated. With this, construction of Jaynagar-Janakpur railway has reached…

06/11/2018

WB country director calls on PM Oli

Kathmandu, June 10: World Bank's Country Director for Nepal, Qimiao Fan called on Prime Minister KP Sharma Oli today and reaffirmed support for the priorities and programs of the new government. Fan was accompanied at the meeting by the World Bank's new Country Manager Faris Hadad-Zervos. Fan informed the Prime…

06/10/2018

FM Khatiwada appointed IBN Vice Chair

Kathmandu, June 10: Prime Minister KP Sharma Oli has appointed Finance Minister Dr Yubaraj Khatiwada Vice Chairperson of Investment Board Nepal (IBN). Khatiwada was appointed on June 8. The appointment was in line with Clause 3 (B) of the Investment Board Act, 2068, according to the IBN office. PM Oli…

06/10/2018

Rs 40 billion received from foreign donor agencies

Kathmandu, June 9: Participants at the '15th National Social Audit' programme organised here on Friday by Action Aid Nepal stressed on the need of the social organisations to play a supportive role to the government. Speaking in the programme, member of the National Assembly, the upper house of the federal…

06/09/2018

NEPSE dips by double digit

Kathmandu, June 7: The Nepal Stock Exchange index today decreased 25.68 points to close at 1257.07. Likewise, the sensitive index has also dipped by 5.47 points. A total of 1,441,277 shares of 166 companies were traded at over Rs 468 million. Banking share value decreased by 20.75 points while for…

06/07/2018

Karnali to present policies and programmes tomorrow

Surkhet, June 7: The Karnali provincial government will be presenting its policies and programmes for fiscal year 2018-19 at the provincial assembly on June 8. The provincial government will table the proposed policies and programmes with a goal for balanced, justified and equal development. Karnali Government's Spokesperson and Minister for…

06/07/2018

NEPSE hit by zero trading due to share holders' protest

Kathmandu, June 5: Nepal Stock Exchange (NEPSE) did not record any trading today due to an agitation by stock traders to protest the government's decision to revise the capital gains tax threshold on the sale of bonus and rights shares. NEPSE's Spokesperson Murahari Parajuli confirmed the zero trading. The traders…

06/05/2018

Nepalgunj to Delhi flights soon

Nepalgunj, June 4: Buddha Air is preparing to provide air flight services from Nepalgunj to New Delhi of India. According to information shared at a press conference held here today, Buddha Air has requested the government to take up the issue at the policy level and on technicalities for the…

06/04/2018

'Monopoly in vegetable market to be ended'

Kathmandu, June 4: The government authorities today made on-site monitoring of the Kathmandu-based Kalimati Fruits and Vegetable market today following complaints that the monopoly of middlemen and traders in vegetable sales has hit the people hard. Though the Kalimati Fruits and Vegetable Market Development Committee is a government-run body, there…

06/04/2018

FM Khatiwada presents various bills

Kathmandu, June 3: Minister for Finance Dr Yubraj Khatiwada has presented various financial bills in the House of Representatives. Minister Khatiwada tabled 'Appropriation Bill 2075 BS', Bill designed to raise national debt, and Loan and Guarantee (22nd amendment) Bill 2075 BS' in the meeting today. Meanwhile, Speaker Krsishna Bahadur Mahara…

06/03/2018

RBB sets up branch office in rural municipality

Waling (Syangja), June 3: The Rastriya Banijya Bank (RBB) has established a branch office at Arjunchaupari rural municipality in Syangja. The bank established in 1982 shifted to the Syangja's district headquarters in 1999 due to dispute. Communications and Information Technology Secretary, Mahendra Man Gurung, on Saturday inaugurated the bank's 190th…

06/03/2018

Fuel prices up again

Kathmandu, June 2: The Nepal Oil Corporation has increased the price of fuel with effect from this midnight. The price of petrol, diesel and kerosene has been increased by Rs. 3 per litre, according to NOC spokesperson Birendra Goit. Accordingly, the new market price of petrol is Rs. 113 while…

06/03/2018

Handing over of Cheque for for Government of India assisted Postal Highway Project

Kathmandu, May 30: On Tuesday Dr. Ajay Kumar, Deputy Chief of Mission in the Indian Embassy in Kathmandu handed over a Cheque for an amount of  52,97,26,012.88 Rupees Fifty Two  Crore Ninety Seven Lakh Twenty Six Thousand to the Secretary, Minister for Physical Infrastructure and Transport Madhusudan Adhikari at Singha…

05/30/2018

Chocolate, cigarette and alcohol become dearer

Kathmandu, May 29: With the rise in excise duty in chocolate, cigarette, tobacco, perfumes, dolls and refrigerators, their price is to be soared. In the budget unveiled Tuesday, the government has increased the excise duty in those commodities. Similarly, the excise duty on four wheelers of more than 1,000 CC…

05/29/2018

Budget sets economic growth rate of 8%

Kathmandu, May 29: The government has targeted to achieve eight percent of economic growth rate in the upcoming fiscal year. Announcing the budget for the new fiscal year 2075/076 BS in the joint meeting of the Federal Parliaments today, Finance Minister Dr Yubraj Khatiwada set the ambitious target of eight…

05/29/2018

Government unveils 1.315 trillion budget for fiscal year 2018/19

Kathmandu, May 29: The federal government has unveiled the budget of Rs 1.315 trillion for the fiscal year 2018/19 at the federal parliament today. Unveiling the budget Finance Minister Dr Yuba Raj Khatiwada informed that of the total budget, Rs 845 billion would be spent under the current expenditure, while…

05/29/2018

Budget presentation begins in parliament

Kathmandu, May 29: Finance Minister Dr Yuba Raj Khatiwada is presenting the budget (the estimated income and expenditure for the coming fiscal year 2018-19) before the joint sitting of the Federal Parliament now. The presentation began a while ago. As per the constitutional calendar, the government presents the budget for…

05/29/2018

Budget to be tabled on Tuesday

Kathmandu, May 28: The government is to table the annual budget estimates for the fiscal year 2018/19 at the joint session of both the houses of the Federal Parliament tomorrow. Finance Minister Dr Yubaraj Khatiwada is scheduled to present the revenue and expenditure estimates at 4:00 pm, along with the…

05/28/2018

Two Valley-based petrol pumps sealed for cheating customers

Kathmandu, May 28: Two petrol stations were sealed following a monitoring carried out this morning on the command of Minister for Industry, Commerce and Supplies, Matrika Prasad Yadav. A market monitoring team comprising Director General at the Nepal Bureau of Standards and Metrology Bishwababu Pudasaini, minister's personal secretary Santosh Bista…

05/28/2018

Domestic share market records transactions worth million of rupees

Kathmandu, May 26: The domestic share market recorded turnover worth Rs 1,922,731,000 this week. According to the Nepal Stock Exchange Limited (Nepse), 4,137,430 units of share of a total 183 companies were traded in the domestic share market in this week. Previous week index showed that 2,329,440 units of share…

05/26/2018

Geographical Park to be constructed in Butwal

Rupandehi, May 26: Preparation is underway to construct a geographical park in Butwal. 'A written proposal with DPR will be solicited regarding the construction of a park where students of forest science and environment faculty would get opportunity to have practical classes. So, it is a matter of big excitement…

05/26/2018

Chinese technicians begin feasibility study of Rasuwagadhi-Kathmandu railway

  Kathmandu, May 22: A Chinese technical team has begun a preliminary feasibility study of the Rasuwagadhi-Kathmandu railway. The study follows an agreement in this regard with a high level government official team including Secretary of Ministry of Physical Infrastructure and Transport Madhu Sudhan Adhikari and Director General for the…

05/22/2018

NTC has more than 10 million data service users

Kathmandu, May 22: The number of users of Nepal Telecom data services has exceeded 10 million. According to the company latest statistics, the number of GSM data services is currently counted at 9,795,100, while 136,500 people are using CDMA data services and the Wai Max service users are 17,000. The…

05/22/2018

Nepse index tanks by 4.31 points

Kathmandu, May 22: The Nepal Stock Exchange continued to fall today with the index decreased 4.31 points closing at 1332.82. Likewise, the sensitive index has also tanked by one point. The total 1,047,843 shares of 160 companies worth Rs 538 million were traded. Hotel saw an increment of its share…

05/22/2018

Fuel price increases again

Kathmandu, May 16: The price of petroleum products has increased again. The Nepal Oil Corporation has increased the price of petrol, diesel and kerosene by two rupees per litre to be effective after this midnight. Accordingly the new price of fuel will now be Rs. 110 per litre of petrol…

05/17/2018

Red panda is smugglers main target

Kathmandu, May 16: Thirty-five people faced legal action for their involvement in smuggling of red panda hide alone in Kathmandu in the Nepali year 2074 BS ( April 14, 2017 to April 13, 2018). The data of District Forest Office, Kathmandu shows that such a number of people were punished…

05/16/2018

Olive plants planted in Tripurasundari Temple

Tripurakot, Dolpa, May 16: Olive plants were planted at the premises of Tripurasundari Bhagawati Temple in Dolpa district for the protection of vanishing botanical species. Chief administrative officer of Tripurasundari Municipality Bhim Bahadur Dharala and people’s representatives planted the olive plants for the protection of olive plants and promote greenery…

05/16/2018

India provides Rs 180.74 million to Nepal for river training works

Kathmandu, May 15: Ambassador of India to Nepal, Manjeev Singh Puri, today handed over a cheque of NRs. 180.74 million to Dr. Sanjay Sharma, Secretary, Ministry of Energy, Irrigation & Water Resources, in the presence of Minister, Mr. Barsha Man Pun. The amount is towards India’s contribution for river training…

05/15/2018

NIC Asia Bank sets up branch in Baikunthe

Bhojpur, May 15: The NIC Asia Bank has set up a branch at Baikunthe aera of Ram Prasad Rai rural municipality. Bank's Branch Manager Chandan Katuwal said that the branch was established with an aim to bring about an ease in economic transaction and provide financial services at the doorsteps…

05/15/2018

NEPSE falls by double digit

Kathmandu, May 14: The Nepal Stock Exchange index continued to tumble with the market that today dipped 10.28 points to close at 1,338. The market saw a dip of 100 points in the past month. The sensitive index which is used to measure the share transactions of the 'A' class…

05/14/2018

Visit Myagdi Year 2075 commences

Babiyachaur, Myagdi, May 14: The Visit Myagdi Year 2075 has kicked off in Maygdi district with a goal of promoting tourism. The Myagdi Chamber of Commerce and Industry initiated the Visit Myagdi Year 2075 in collaboration with the local levels and the related government bodies, amidst a function here on…

05/14/2018

Demand for permission for employees seeking voluntary retirement

Kathmandu, May 5: Nepal Civil Service Employees Union has stressed on verbatim compliance with Civil Service Act 2074. At a press conference held on Friday, Union's Chairman Gopal Prasad Pokharel stressed on need on part of the government to implement the Civil Service Act and added only its implementation could…

05/05/2018

Private sector's support expected for economic prosperity: Vice President

Kathmandu, May 3: Vice President Nanda Bahadur Pun has expressed the confidence that the private sector would actively engage in the path to achieve economic prosperity in the country. At a meeting with the delegation of Nepal Chamber of Commerce led by Chairman Rajesh Kaji Shrestha today, the Vice President…

05/03/2018

33 kilo gold scam: case filed against 63 accused

Biratnagar, May 2: A case was filed at the District Court Morang against 63 persons accused of involvement in the smuggling of 33.5 kilograms of gold and the murder of one Sanam Shakya. Of the 63, 29 have been arrested. The chargesheet was filed today through the Office of the…

05/02/2018

Master plan of Lumbini to be finalized within two years-Tourism Minister

Rupandehi, Apr. 28: Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari has said Lumbini has been the pilgrimage site for Buddhists from across the globe. Inaugurating the International Buddhist Conference in Lumbini today, he said Lumbini has become the hub for international community to carry out research and study…

04/28/2018

TAAN provides one million rupees as insurance for Rai's family

Pokhara, Apr. 28: Trekking Agency Association of Nepal (TAAN) Western Regional Chapter on Friday extended an insurance amount to the family of trekking guide Ashok Rai, who died in course of guiding tourists along the Annapurna circuit. TAAN handed over a cheque of one million rupees to Rai's family. The…

04/28/2018

Yarsagumba harvest season less than three weeks away

 Tripurakot (Dolpa), Apr. 27: The annual Yarsagumba harvest season will officially start in Himalyan district of Dolpa from May 15.  According to Shey Phoksundo National Park, the permit letters will be distributed for stipulated amount for entry inside the Yarsagumba Patan sector located within the park for picking the precious…

04/27/2018

SC orders to stop reconstruction of business complex

Kathmandu, Apr. 25: The Supreme Court has issued an interim order to halt the construction of a business complex in Basantapur. A single bench of SC justice Tanka Bahadur Moktan issued the order putting an immediate halt to the construction of the building by Maharjan Business Associates Private Limited, according…

04/26/2018

CIAA asks local representatives to keep hands off corruption

Kathmandu, Apr. 24: The Commission for the Investigation of Abuse of Authority (CIAA) has urged local level representatives to stay away from involvement in any sort of irregularities and corruption. The anti-graft body's concern comes as part of an interaction it is holding with chief, deputy chief, and administrative officers…

04/25/2018

NC rolls into national enrolment campaign

Damak, Apr. 24: At a time of a national campaign which is seeing children of school – going age getting enrolment in schools, Nepali Congress in Damak has taken a decision on sponsoring the study of 10 students up to the higher secondary level. NC Damak Town Committee will be…

04/24/2018

Dhorpatan awaits decision on buffer zone status

Baglung, Apr. 23: After six years of tireless efforts, the government is yet to declare Dhorpatan Hunting Reserve a buffer zone. The announcement could not go ahead three years ago even after reaching the final stage following protest from the local residents. The process which moved forward after an all-party…

04/23/2018

Locals blame authorities for unchecked excavation of riverbank materials

Nawalparasi, Apr. 22: The illegal excavations at the Jharahi river located within the Ramgram municipality in western Nawalparasi has increased with locals blaming the apathy on part of the local authorities. The theft and supply of river sand, gravel, stone and pebbles have been taking place at the hands of…

04/22/2018

Finance Minister pledges to give priority to Birgunj in new budget

Birgunj, Apr. 21:Finance Minister Dr Yubraj Khatiwada has assured that the budget for upcoming fiscal year would encourage Birgunj. Speaking at a programme organised by the Revenue Advisory Committee under the Ministry of Finance to discuss about the government revenue policies and programmes and collect submissions to this regard, the…

04/21/2018

IMF gives thumbs up to India, cautions China

NEW DELHI, Apr. 19: India has "quite a high" debt to GDP ratio, but the government is trying to lower it using "the right policies", the International Monetary Fund (IMF) said on Thursday. India's general government debt remained relatively high, at 70 per cent of the GDP in 2017, Abdel Senhadji, Deputy…

04/19/2018

Industrial Fair concludes in Sallaghari

Bhaktapur, Apr. 19: The Fourth Bhaktapur Industrial, Cultural, Tourism and Trade Fair concluded on Wednesday here in Sallaghari with total transaction touching on Rs 80 million. According to Industrial Peace Nepal Chairman, Sandeep Mahat, more than 200,000 visitors came to the fair which lasted from April 6 to 18. The…

04/19/2018

Customs duty on Sugar to be increased cent per cent

Kathmandu, Apr. 17: The Government has decided to increase customs duty on Sugar in order to encourage the domestic sugar industries. The Council of Ministers that met at the Prime Minister's Official residence at Baluwatar this evening decided to increase the tariff from existing 15 per cent to 30 per…

04/18/2018

Job Fair in Biratnagar

Biratnagar, Apr. 17: Federation of Nepal Cottage and Small Industries (FNCSI) Morang is set to hold a three – day Job Fair in Biratnagar. FNCSI Morang President, Narendra Humagain, at a press conference held on Monday said the fair will take place from April 20 to 22. He added that…

04/17/2018

Petroleum products' price hiked

Kathmandu, Apr. 16: The Nepal Oil Corporation (NOC) has hiked the price of the petroleum products effective from midnight today. The NOC hiked Rs 1 in per litre petrol and Rs 2 in diesel and kerosene. As per the adjusted price, per litre petrol would cost Rs 106 while price…

04/17/2018

Yarsa collection charge increases

Tripurakot, Apr. 16: Extra charge of Rs 500 has been slapped while collecting Yarsa in the mountainous district, Dolpa, from this year. A discussion held at Se-Phoksundo National Park on the presence of local governments' chiefs, district coordination committee, district administration office and other stakeholders took the decision that each…

04/16/2018

NEPSE goes online

Kathmandu, Apr. 15: The buyers and sellers now can order through online system to buy and sell the secondary shares of the public companies listed in the Nepal Stock Exchange (NEPSE). Chairman of Security Board of Nepal (SEBON) Dr Rewat Bahadur Karki marked the beginning of the online trading of…

04/15/2018

PM Oli inaugurates Rara-Karnali Tourism Year 2075

Mugu, Apr. 14: Prime Minister KP Sharma Oli inaugurated the Rara-Karnali Tourism Year 2075 amidst a programme here on Saturday. Addressing the programme, Prime Minister Oli said Rara is a must-see place once in a lifetime. "If you want to see Chhayanath, do it in your youth; it is difficult…

04/14/2018

'Narayangadh Food Festival' in New Year

Ratnanagar, Chitwan Apr. 13: The 'Narayangadh Food Festival' has been organized in Chitwan for the first time on the occasion of Nepali New Year-2075 BS.  The food festival that kicked off in Campachaur of Narayangadh since this morning would continue up to April 16, informed Festival Coordinator Gyanendra Man Shakya.…

04/13/2018

21st Flora Expo from April 13

Kathmandu, Apr. 11:The 21st Flora Expo-2018 has been scheduled here from April 13 to 16. Floriculture Association Nepal (FAN) is organising the event with the main slogan of "clean environment and economic prosperity through floriculture". According to the FAN, there will be 82 stalls in the expo to be held…

04/11/2018

Country's economy is not weak as portrayed in white paper: NC

Kathmandu, Apr. 9: Nepali Congress (NC) has said that the country's economy is not as weak as it was stated in the white paper that the government issued some days ago. At a news conference in the party central office today, NC spokesperson Bishwa Prakash Sharma said that the white…

04/09/2018

ICP collects revenue of Rs 70 million in two days

Birgunj, Apr. 9: Revenue amounting over Rs 70 million has been collected in two days of the operation of Integrated Check Post (ICP) customs office. The revenue was raised in the first and second day of ICP operation following its inauguration. The check post which is being operated from Birgunj…

04/09/2018

PM Oli urges Indian business community for more investment in Nepal

   New Delhi, Apr. 6:Prime Minister KP Sharma Oli, who is presently on the three-day State visit to India, has said the government will move ahead as per its goal of improving people's living conditions. In his address to a programme organised by the India Nepal Business Forum today, the…

04/06/2018

Price of fuel increased

Kathmandu, Apr. 2: Nepal Oil Corporation has increased the price of petroleum products with effect from midnight. The price of petrol, diesel and kerosene has been increased by two rupees per litre, according to NOC spokesperson Birendra Goit. Accordingly, petrol will now cost Rs. 105 per litre while diesel and…

04/02/2018

Illegal eight tons chicken meat seized

Chitwan, Apr. 2: Around eight tons chicken meat being imported from India without quarantine checks have been taken under control. The illegally imported poultry product being carried by a truck (UP 70 BT 1776) was seized from Bharatpur Metropolitan City-1 last night. The local poultry farmers took control the chicken…

04/02/2018

More Nepalis leave for Malaysia this year than last year

Kathmandu, Apr. 2: The number of Nepali workers leaving for Malaysia in want of employment has surpassed the last year's figure. The figures provided by Ministry of Labour and Transport show a total of 105,001 Nepalis flew to Malaysia in the first nine months of current fiscal in connection to…

04/02/2018

National federation of micro hydropower developers constituted

Lalitpur, Apr. 2: A national federation has been constituted to establish access of micro hydropower developers in policy formulation and for power promotion in rural areas of the country. A national gathering of representatives of micro hydropower developers held today constituted the National Federation as an umbrella organisation to end…

04/02/2018

Rs 20 million in assistance to community hospital

Myagdi, Apr. 2: A community hospital which is coming into operation in Beni Municipality-10 in Myagdi district has received land plots and physical infrastructure worth Rs 20 million from a family. Radha Krishna Sharma, a local resident, announced to donate five ropani of land plot for free to the proposed…

04/02/2018

Province-7 to bring temporary budget of Rs 1 billion

Kanchanpur, Mar. 31: Province-7 Minister for Financial Affairs and Planning Jhapat Bohara said that a budget of around Rs 1.02 billion will be unveiled keeping agriculture on special priority. Minister Bohora, who observed Daiji Chhela Industrial Corridor in Bedkot municipality on Friday, said that they are introducing a farmer-oriented budget…

03/31/2018

Budget to be focused on making province prosperous

Accham, Mar. 28: Minister for Economic Affairs and Planning of province no. 7 Jhapat Bohra has said that the upcoming budget would be focused on making the province prosperous. The need now is economic revolution to put an end to backwardness and poverty, he said at a press conference held…

03/28/2018

Nepse index increases 39.16 points

Kathmandu, Mar. 27: The Nepal Stock Exchange index on Tuesday rose by 39.16 points. The sensitive index that measures performance of Group 'A' companies also went up by 8.09 points to close at 257.74 points. Approximately 1.51 million shares of 116 companies were traded at Rs 506.1 million. Trade group…

03/27/2018

Province Assembly member provides support for journalism fund

Myagdi, Mar. 26: Province Assembly Member of Province No. 4 Binod KC has provided financial support for a journalism prize fund set up by the Press Centre Nepal Myagdi chapter. KC provided Rs 25,000 for the fund on Sunday in memory of his brother Madan who got martyrdom in people’s…

03/26/2018

Seminar on Hydropower held at Nepali Embassy in Beijing

Kathmandu, Mar. 24: A seminar on Investment Opportunities in Hydropower Projects in Nepal was held at the Embassy of Nepal, Beijing on Friday. The program brought together prospective Chinese investors as well as senior officials of three hydropower-related companies of the Government of Nepal for interactions on facilitating Chinese investments…

03/24/2018

Shares worth Rs 1.72 billion transacted in a week

Kathmandu, Mar. 24: Shares worth Rs 1.72 billion were traded in the share market this week. According to Nepal Stock Exchange, a total of 4.6 million units of shares of 173 companies were traded. The traded amount was up by 32.99 per cent as compared to the previous week. This…

03/24/2018

NEPSE sees double digit plunge today

Kathmandu, Mar. 22: The share market which is in a freefall trend of late has suffered double digit plunge on Thursday, the last day of the trading of the week. According to the Nepal Stock Exchange, the share market has dropped to 1220.44 points after it went down by 10.65…

03/22/2018

Nick Simons award to senior AHW Pokharel

Kathmandu, Mar. 21: The Nick Simons Award for 2017 has been awarded to senior Assistant Health Worker Shyam Sundar Pokharel. Based at the Gulmi Pallikota Health Post, AHW Pokharel was honored for his contribution to the improvement of health services in the rural areas of the country. A total of…

03/21/2018

Rs 12.5 million collected for setting up e-library

Biratnagar, Mar. 12: A local Bishnumaya Library here has collected Rs 12.5 million in donation in order to materialize its plan to set up an e-library. This amount was generated from a shreemadbhagawat mahapurana, a weeklong religious programme, organized here recently. The amount would be utilized for the construction of…

03/12/2018

Compensation of Rs 80 million to Kaligandaki corridor affected

Beni (Myagdi), Mar. 11: A compensation of Rs 80 million is to be distributed to the households affected by the transmission line of national pride project Kaligandaki Corridor. The project is providing compensation of Rs 80 million to 100 affected households of Myagdi and Parbat districts under the 220-KVA Dana-Khurkot-Bardaghat…

03/11/2018

How India’s largest IT company TCS makes its billions

NEW DELHI, Mar. 9: Tata Consultancy Services gets nearly $2 billion in revenue a year from analytics, the company’s CEO Rajesh Gopinathan told ET in an interview, making it the largest chunk of its digital revenue.India’s largest IT company gets over 22 per cent of its overall revenue from digital — a number…

03/09/2018

India is supporting reconstruction of 50,000 houses in earthquake affected districts of Gorkha and Nuwakot

KATHMANDU, Mar. 8: The Government of India is supporting reconstruction of 50,000 houses in earthquake affected districts of Gorkha and Nuwakot.   The Government of India is partnering with United Nations Development Programme (UNDP) and United Nations Office for Project Services (UNOPS) for providing Socio-Technical Facilitation to 26,912 home owners in…

03/08/2018

Over Rs 10 million collected for starting Master's course

Taplejung, Mar. 8: More than 10 million rupees has been collected at a Mahayagya organised with the objective of managing resources for starting the Master's level classes at Pathibhara Multiple Campus in Taplejung. The religious function was organised with the objective of collecting the fund required for construction of the…

03/08/2018

Foundation stone laid for eight megawatts hydropower project in Bhojpur

Bhojpur, Mar. 5: The foundation stone has been laid for the Taksar-Pikhuwa Khola Hydropower Pvt Ltd amid a programme in Bhojpur on Sunday. The eight megawatts project cost is Rs 1.5 billion and it will be set up at Bhojpur Municipality-12. It aims to complete the project in next two…

03/05/2018

Street vendors mess up metropolis

Lalitpur, Mar. 3: The Lalitpur Metropolis has witnessed mess due to prevalence of street shops alongside the busy roads of the city. The vehicle drivers, pedestrians and local business people have been much disappointed due to pervasive street shops. Though the road sides were vacated for some days when the…

03/03/2018

NTUC's Ilam Agriculture Workers Association gets new leadership

Ilam, Mar. 3: The first district convention of Agriculture Workers Association associated to Nepal Trade Union Congress (NTUC) elected a new leadership under the chair of Bishnu Prasad Dulal. Among the office-bearers elected in the committee are Khem Raj Bhattarai (Vice-Chairperson), Meena Chauhan (Women Vice-Chair), Deependra Dulal (Secretary), Hemmaya Pradhan…

03/03/2018

RBB's extension branch comes into operation

Sankhuwasabha, Mar. 3: Rastriya Banijya Bank (RBB)'s extension branch has come into operation at Sundar Pokhari Bazaar which is located in between ward 3 and 5 of Chainpur municipality. Newly elected member of the House of Representatives, Rajendra Prasad Gautam inaugurated the extension branch on Friday. On the occasion, Province…

03/03/2018

Power supply to govt offices not paying dues cut off

Ilam, Mar. 2: The Nepal Electricity Authority (NEA), Ilam has started cutting off power supply to the government offices which have not cleared their dues since long. The action has been taken against the offices that have not paid their electricity bills for the past three months. Among the government…

03/02/2018

Rs 5 million support for construction of pilgrims' guest house at Galeshwar

Babiyachaur, Myagdi, Feb. 28: A businessman has commissioned the construction of a pilgrims' guest house at Galeshwardham, the famous pilgrimage site at Beni Municipality-9 in Myagdi district. The guest house for the pilgrims is being constructed with the Rs 5 million support of the Govinda Saraswati Foundation set up by…

02/28/2018

Myagdi wants status of mountainous district

Myagdi, Feb. 27: The District Coordination Committee (DCC) Myagdi has asked the Province and Federal Governments to enlist Myagdi district in the mountainous area. A meeting of the DCC on Monday decided to write to the Province and Federal Governments to declare Myagdi as the Himalayan district. DCC Chief Devendra…

02/27/2018

Red Cross provides relief in Shuklaphanta

Kanchanpur, Feb. 27: The Nepal Red Cross Society Kanchanpur chapter has distributed relief materials to the families affected from the demolition of their houses by the wild tuskers in Shuklaphanta Municipality-3. A total of 41 families were provided with the support materials on Monday. Red Cross activist Ganesh Joshi said…

02/27/2018

Research into developing Nepali brand tea started

Dhankuta, Feb. 26: The National Agricultural Research Centre (NARC) has started research on production of Nepali variety of tea. The centre which is based at local Pakhribas Municipality has initiated the research for developing a unique Nepali brand of tea that would stand out in the world tea market. A…

02/26/2018

NEPSE index falls 26.92 points on weekend day today

Kathmandu, Feb. 24: The Nepal Stock Exchange (NEPSE) index dipped 26.92 points to sit at 1,386.98 points on the last day of the week's trading today. Likewise, the sensitive index also plummeted 5.91 to stand at 293.25 as compared to the first trading day. A total of 4.24 million shares…

02/24/2018

Farmers troubled by leaf miner

Lalitpur, Feb. 24: Farmers these days are greatly troubled by the leaf miner which has infested their vegetable crops. The leaf miner problem has been seen in 35 districts of the country. A leaf miner is the larva of an insect that lives in and eats the leaf tissue of…

02/24/2018

Paragliding also to feature in Nuwakot Festival

Nuwakot, Feb. 23: Visitors can enjoy paragliding, rafting, helicopter excursion and elephant safari among a host of activities in course of the Fifth Nuwakot Mahotsav that is taking place here from February 28 to March 10. The mahotsav or festival will also feature the traditional bull fighting. The paragliding will…

02/23/2018

Assistance of Rs 1.5 million for school building

Babiyachaur, Feb. 19: An organization based in Belgium has aided Rs 1.5 million for the construction of a building of Jayanti Secondary School at Beni municipality-3, Bhakimli. The assistance was channelized by Himalayan Project Belgium for the school building construction being carried out under the local community leadership. The amount…

02/19/2018

Boat riding draws attraction of domestic tourists

Rampur (Palpa), Feb. 16: Boat riding service has been initiated at Taalpokhari of Palpa Rampur, popularly known as Mini Fewa Lake, by lifting water from the Kaligandaki River. The attraction of domestic tourists has immoderately increased following the operation of boat riding service in the artificial Taalpokhari which is constructed…

02/16/2018

Agricultural firm sets up in west Dang

Tulasipur, Dang, Feb. 14: An agricultural firm has come into operation in west Dang with an investment of more than Rs 20 million. The Shivamaya Multi-purpose Agricultural Farm set up at Ashwara, Tulasipur-8 was inaugurated on Tuesday coinciding with the Maha Shivaratri festival. The firm has started producing chips, pickle…

02/14/2018

ADB provides 100 million US dollar loan assistance

Kathmandu, Feb. 12: Asian Development Bank (ADB) has agreed to provide 100 million US dollar for Rural Connectivity Improvement Project. An agreement to this effect was signed and exchanged at the Ministry of Finance, Kathmandu, today. Shankar Preasd Adhikari, Secretary at the Ministry of Finance and Mukhtor Khamudkhanov, Country Director,…

02/12/2018

Youths arrested in possession of counterfeit bank notes

Lahan, Feb. 12: Police has arrested two people along with counterfeit Nepali and Indian currency from Choharwa Chowk, Naraha rural municipality-1 of Siraha district on Sunday evening. Those arrested in this connection are 32-year-old Roshan Kumar Yadav of Naraha rural municipality-2 and 16-year-old Mahesh Kumar Yadav of Sahidnagar Municipality-2, Dhanusha…

02/12/2018

Economists, federalism experts rule out economic crisis in federalism

Kathmandu, Feb. 11: Economists and federalism experts have ruled out any economic problem looms in the country merely because of the adoption of the federal setup comprising the federal, province and local levels. Speaking at a programme organised by Reporters Club Nepal here on Saturday, the economists tried to allay…

02/11/2018

Development projects of Rs 3 billion in Nepalgunj

Nepalgunj, Feb. 10: A blacktopped road and surface drain are to be constructed here with the assistance of Asian Development Bank. The Urban Development and Building Construction Division Office will construct 35-km blacktopped road and surface drain under the Regional Urban Development Project. For this, the ADB has provided loan…

02/10/2018

Robot inaugurates IT fair

Ratnanagar, Feb. 9: The 'third Digicom CAN Info-tech-2074' has kicked off in Bharatpur of Chitwan from February 8. The Chitwan Chapter of Federation of Computer Association Nepal organized the fair. The robot developed by the students of Oxford College Gaindakot inaugurated the conference amidst a programme on Thursday. Chief Gust…

02/09/2018

Rs 1.14 million collected for buying ambulance

Bhaktapur, Feb. 4: Approximately Rs 1.14 million has been collected under the ambulance purchase fund collection campaign here for buying an ambulance for Nepal Red Cross Society (NRCS) Nagarkot sub-branch. The NRCS Nagarkot sub-branch is preparing to buy a new ambulance after the old one that it had been operating…

02/04/2018

2nd Indo-Nepal Trade Fair and Tourism Festival begins

Bhimdattanagar, Kanchanpur, Feb. 3: The 2nd Indo-Nepal Trade Fair and Tourism Festival has begun from Friday in Dehradun of Uttarakhand, India. The fair is organised by the Kanchanpur Chamber of Commerce and Industry (CCI) with the help of Ministry of Commerce and Trade and Export Promotion Centre, and promoted by…

02/03/2018

Culture Minister Dev invites Chinese officials to visit Nepal

Kathmandu, Feb. 3: Minister for Culture, Tourism and Civil Aviation Jitendra Narayan Dev has invited Chinese officials to visit Nepal and explore its natural beauty, cultural adventures and tourism. Dev who is on a China visit, made this request to Chinese officials at a workshop organised on Friday by the…

02/03/2018

India removes ginger export ban

Ilam, Feb. 2: India has removed the month-long ban that it had been imposing on the export of ginger from Nepal. The ban has been removed with the arrival of Minister of External Affairs of India, Sushma Swaraj, on an official visit to Nepal. The sides concerned from Nepal and…

02/02/2018

Rs 70 million Province -1 office buildings repair cost

Pathari, Morang, Feb. 1: The government has allocated 70 million rupees for the repair and maintenance of the office buildings to be used by the top officials of Province No 1. These include the buildings used by the Province chief, the chief minister, the provincial government ministers and the speaker…

02/01/2018

NRNA to set up investment fund

Kathmandu, Jan. 31: The Non-Resident Nepalis Association (NRNA) is to set up an investment fund of Rs 10 billion for promoting investment in Nepal. NRNA president Bhawan Bhatta gave out this information at a discussion programme between NRNA Nepal and the Society of Economic Journalists of Nepal (SEJON) here on…

01/31/2018

NEA signs PPA with promoter of Upper Trishuli-1

Kathmandu, Jan. 28: Nepal Electricity Authority (NEA) has signed the power purchase agreement (PPA) with Nepal Water and Energy Development Company, the promoter of Upper Trishuli-1 Hydroelectric Project. The agreement was signed Sunday amidst a programme at the NEA on the witness of energy secretary Anup Kumar Upadhyay. NEA executive…

01/29/2018

Tourism entrepreneurs into trout farming

Lalitpur, Jan. 27: Tourism entrepreneurs in the mountain districts of Manang, Mustang and Solukhumbu have taken up Trout fish farming. With support from the High Hills Agro Business and Livelihood Improvement Project supported by the Asian Development Bank, the tourism entrepreneurs in the district have taken up fish farming also…

01/27/2018

8th CAN Infotech in mid-February

Pokhara, Jan. 27: The 8th CAN Infotech to be organised by Computer Association of Nepal, Kaski chapter is taking place from coming February 16. Latest IT gadgets and technologies will be on display and sale at the five-day fair to be held at the exhibition centre in Naya Bazaar. Around…

01/27/2018

Model technical schools in all provinces

Bhaktapur, Jan. 27: The Council of Technical Education and Vocational Training (CTEVT) is to set up its units in all seven provinces, with at least one model technical school in the provinces. Speaking at an interaction on 'CTEVT in a federal structure' here Friday, member-secretary of the Council Puspa Raman…

01/27/2018

CAN Info-Tech begins in Bhrikutimandap

Kathmandu, Jan. 25: The CAN InfoTech — a mega event of Nepal’s information and communications technology (ICT) sector has begun today. It is stated that the 24th edition of the technological exhibition is organised by CAN Federation at Bhrikutimandap Exhibition Hall with an objective to promote domestic ICT industry and…

01/25/2018

MPA to register motion of public importance for conservation of Phewa Lake

Pokhara, Jan. 25: Member of Province Assembly from Kaski, Rajiv Pahari has expressed his commitment to the conservation of Pokhara's iconic natural landmark – the Phewa Lake. He said he would table a proposal in this connection in the first meeting of the Province Assembly itself. Speaking in a press…

01/25/2018

NFC to test food grain quality

Kathmandu, Jan. 25: The Nepal Food Corporation (NFC) is preparing to test the quality of food grains. Chief of the NFC's planning department and spokesperson, Shankar Sapkota said that works related to manage the technical prerequisites for testing the food grain quality have been forwarded. A separate building has been…

01/25/2018

RBB prepares branch expansion at all local levels

Kathmandu, Jan. 24: The Rastriya Banijya Bank (RBB) has put forward its preparation to expand its banking network at all local levels. At a programme organized here today to mark its 53rd anniversary, it was shared that total 45 branches would be established and reinstated in the current fiscal year.…

01/24/2018

'Destination Nepal' programme organised in New York

Kathmandu, Jan. 24: The Consulate General of Nepal in New York organised the 'Destination Nepal' programme in New York, USA recently with the objective of promoting tourism in Nepal. American and Nepali tourism entrepreneurs in New York and adjoining states participated in the programme. On the occasion, Consul General Madhu…

01/24/2018

India means business: Indian PM Modi tells global CEOs at Davos meet

DAVOS, Jan. 23: Indian Prime Minister Narendra Modi told top CEOs in Davos on Tuesday that India means business and presents exciting opportunity for the global businesses. Addressing a roundtable before a dinner meet, Modi narrated India’s growth story. He was accompanied by top government officials including Vijay Gokhale, Jai…

01/23/2018

India's Rich Became Richer by Rs 20.9 Lakh Crore in 2017, Says Survey

Davos, Jan. 22: The rich becoming richer continues to be the picture not just in Indian but across the world. A new survey shows that the richest 1 per cent in India cornered 73 per cent of the wealth generated in the country last year. The survey, released by the international rights…

01/22/2018

Myagdi trade fair clinches transactions worth around Rs 80 million

Beni, Myagdi, Jan. 22: The sixth Myagdi Festival and Maghe Sankranti Fair, and Province No 4 level Agriculture, Tourism and Industrial Trade Fair concluded here on Sunday, with transactions of around Rs 80 million. The Festival cum Trade Fair was organized by Myagdi Chamber of Commerce and Industry from January…

01/22/2018

India to become fastest growing large economy in 2018: Report

NEW DELHI, Jan. 21: India will overtake China to be the fastest growing large economy in 2018 and the country's equity market will become the fifth largest in the world, says a report.According to a Sanctum Wealth Management report, when the rest of the world offers low growth and insufficient structural…

01/21/2018

Ridi fair sees transaction of over Rs 370 million

Gulmi, Jan. 21: The five-day Ridi fair that took place at Ridi of Gulmi district has witnessed financial transaction of Rs 370 million this time. More than 500 stalls set up in the fair drew the big transaction, shared Ruru Friend Club Chairperson Ram Lal BK. This year there was…

01/21/2018

Gurung elected Chair of FONIJ

Sankhuwasabha, Jan. 20:Nabin Gurung has been unanimously elected chairperson of Sankhuwasabha chapter of Federation of Nepalese Indigenous Nationalities Journalists (FONIJ). The second district convention of FONIJ chapter held at Khandbari of Sankhuwasabha on Friday unanimously elected Guruung as the chair. Office-bearers elected in the nine-member committee are Meghraj Tamang (vice-chair),…

01/20/2018

'Investment atmosphere needed for Canadian in Nepal'

Kathmandu, Jan. 18: Speakers at a programme have underscored the need of expanding the diplomatic ties between Nepal and Canada to people's level. During a programme organized by Nepal Canada Friendship and Cultural Association on the 53rd anniversary of Nepal-Canada ties Thursday, they further said the cultural relations between the…

01/18/2018

NOC hikes fuel price

Kathmandu, Jan. 17: The Nepal Oil Corporation (NOC) has increased the prices of petrol by one rupee and diesel and kerosene by two rupees with effect from Wednesday midnight. As per the revised rate, the petrol will cost Rs 103 per litre while the prices of diesel and kerosene have…

01/18/2018

Deumai Municipality decides to provide cash for child birth and death of person

Mangalbare, Ilam, Jan. 14: The people of Deumai Municipality in Ilam have welcomed the Municipality's decision to provide five thousand rupees for the birth of a child and at the death of any municipality denizen. The town assembly of Deumai Municipality recently made the decision to provide cash when a…

01/14/2018

Pandey elected Chairperson of NATTA

Kathmandu, Jan. 13: CN Pandey has been elected the Chairperson of Nepal Association of Tour and Travel Agents (NATTA). The 51 Annual General Meeting of the NATTA elected a new working committee for next term. According to the vote count results made public this morning, Pandey edged his close contender…

01/13/2018

Study on trekking route and home stay begins in Dharan

  Inaruwa, Jan. 12: The agenda of tourism development and promotion in Dharan of Sunsari has long been on discussion but never materialized as of today. But, with the local government in place, Dharan sub-metropolis has started carrying out on-site study to that end. The tourism promotion committee of the…

01/12/2018

World Bank Says India Has Huge Potential, Projects 7.3% Growth Rate In 2018

WASHINGTON, Jan. 10:  With an "ambitious government undertaking comprehensive reforms", India has "enormous growth potential" compared to other emerging economies, the World Bank said today, as it projected country's growth rate to 7.3 per cent in 2018 and 7.5 for the next two years.India, despite initial setbacks from demonetisation and Goods…

01/10/2018

Baitadi beneficiaries are deprived of social security allowance for past two months

Baitadi, Jan. 8: The beneficiaries are deprived of social security allowance for the past two months in the district, affecting those the most who depend on the allowance for sustenance. The government provides Rs 2,000 a month to senior citizens above 70 years of age under this scheme, and Dalits…

01/08/2018

6th Myagdi Festival to begin from January 12

Beni, Myagdi, Jan. 8: Photos taken 50 years ago by a United States of America nationalist that give insights into the daily lives and culture of then Myagdi resident will a new addition in the 6th Myagdi Festival to start from January 12 to 21. One of the segment of…

01/08/2018

60,000 visit Himalayan Hydro Expo

Kathmandu, Jan. 7: Around 60,000 visitors made their presence in the 'Himalayan Hydro Expo, 2018' that ended on Sunday. The expo was organized by Independent Power Producers Association Nepal (IPPAN) from Friday in the capital. The organizer said that the expo concluded as expected. Chair of IPPAN Shailendra Guragain said…

01/07/2018

Nepali foods and cultures to be promoted in international arena

Kathmandu, Jan. 5: The Sneha Travel Media is to popularize Nepali food and culture at national and international level for tourism promotion. At the onset of the New Year, the Media has intensified its plan to reach out this programme to different 70 countries of the world in collaboration with…

01/05/2018

Tourists throng to Koshi Tappu

Inaruwa, Jan. 2: More than 500 domestic and external tourists have visited Koshi Tappu Wildlife Reserve during in the eve of New Year 2018. Administrative Chief of the Wildlife Reserve Nabin Adhikari said that 500 plus tourists arrived in the area for visit. Koshi Tappu Wildlife Reserve is regarded as…

01/02/2018

Four ropani land donated for campus

Rampur, Palpa, Jan. 2: A family of Rampur Municipality in Palpa district has donated nearly four ropani of land plot for Darchha Campus. Family of late Yadunath Khanal offered the land to help sustain the campus. It is said Khanal's widow Dhan Kumari, son Ishowari and daughter-in-law Indira of Rajghara…

01/02/2018

Price of fuel increased again

Kathmandu, Jan. 1: The Nepal Oil Corporation has increased the price of fuel with effective from this midnight. The price of petrol, diesel and kerosene has been increased by one rupee per litre while that of LPG or cooking gas has been increased by 25 rupees per cylinder. Likewise, aviation…

01/02/2018

Blood money collection campaign to release murder convict Nepali migrant

Nawalparasi, Jan. 1: A campaign has been launched in and outside the country to collect blood money to release a Nepali migrant worker from jail in Saudi Arabia. Thaneshwor Bhusal of Madhyabindu Municipality-4 in Nawalparasi district was convicted and jailed four years ago in a murder case. Two people were…

01/01/2018

National Industrial Trade cum mobile fair in Pokhara from Jan 11

Pokhara, Dec. 30: Safal National Industrial Trade cum Second Mobile Fair is taking place at Pokhara Exhibition Centre from January 11-22. Pokhara Chamber of Commerce and Industry is organising the fair where Laxmi Group is the main sponsor. A main organizing committee has been formed under coordination of PCCI president…

12/30/2017

Dang-Kathmandu flight service to resume

Dang, Dec. 29: The resumption of flight service– which was the heated elections agenda here – is likely to be materialized soon. Flight service to and from Tarigaun airport would come into operation again tentatively from 7 January 2018. Every week two flights will take off in collaboration with a…

12/29/2017

Jajarkot festival kicks off

Jajarkot, Dec. 28: The second Jajarkot festival kicked off in district headquarters, Khalanga, from Wednesday. The five-day festival is organized for the promotion of art and culture and commercialization of local products of the district. The event was organized by Jajarkot Chamber of Commerce and Industry and co-organized by Bheri…

12/28/2017

Support to teacher ailing from cancer

Damauli, Tanahu, Dec. 27: A financial support of Rs. 52,000 has been provided to a teacher suffering from cancer. The amount from the Teachers' Welfare Fund was handed over to Hari Prasad Pokharel, a teacher of Mahendra Secondary School in Raipur. Pokharel has been battling with cancer since the past…

12/27/2017

School shut down to host fair

Jajarkot, Dec. 27: The Tribhuvan Higher Secondary School in Jajarkot has been shut down for a whole week in order to organise an entertainment fair. As a result, hundreds of students have been deprived of education. The school was shut down for six days starting December 26 to organise the…

12/27/2017

India to overtake UK and France to become fifth-largest economy in 2018: Report

LONDON, Dec. 26: India looks set to leapfrog Britain and France next year to become the world's fifth-largest economy in dollar terms, a report showed on Tuesday. The Centre for Economics and Business Research (Cebr) consultancy's 2018 World Economic League Table painted an upbeat view of the global economy, boosted by cheap…

12/26/2017

Rural Municipality chief constructs 2 kms road on personal expenses

Beni, Myagdi, Dec. 26: Chairman of Raghuganga Rural Municipality in Myagdi Bhaba Bahadur Bhandari has invested his personal budget for the construction of two kilometers long rural road from Phooldanda to Aul in Raghuganga. The road connecting Phooldanda to Aul was inaugurated on Monday amidst a function. Over 400 people…

12/26/2017

Footwear exhibition from December 29

Kathmandu, Dec. 25: The Footwear Manufacturers' Association Nepal is organizing an exhibition cum sale of footwear and leather goods in the capital from coming December 29. There will be 135 stalls in the fair that will run until January 4, 2018, according to the Association Chair Rabin Kumar Shrestha. The…

12/25/2017

Financial aid to victims of tuskers rampage

Kanchanpur, Dec. 23: The Shuklaphanta municipality office has granted a relief amount of Rs 218,000 to 109 victims of tuskers' rampage in and around municipality area. The relief amount of Rs 2,000 each was provided on Friday to the families whose houses were dismantled and crops were destroyed by tuskers.…

12/23/2017

Two big development projects in to operation

Dhangadhi, Dec. 22: The Intensive Urban Development Project and Regional Urban Development Project have come into operation for the development and up-gradation of physical infrastructures including road and sewerage in Dhangadhi sub-metropolis. According to Dhangadhi-based Division Office of Department of Urban Development and Building Construction, the two-year Urban Development project…

12/23/2017

Nationwide reach of information technology stressed

Kathmandu, Dec. 23: Various speakers stressed the need to expand nationwide reach of the information technology. They said this at a programme organized on the occasion of 24th anniversary of the Computer Association of Nepal (CAN) in the capital on Friday. On the occasion, former Minister Ganesh Saha said change…

12/23/2017

Investment-friendly environment a need: Vice President Pun

Butwal, Dec. 21: Vice President Nanda Bahadur Pun has said investment friendly environment is needed for industrial development in the country. Inaugurating the 14th National Industrial Expo-2074 organized in Butwal Thursday, the Vice President said partnership between the government and private sector was needed for protection, promotion and development of…

12/21/2017

129 companies granted permission for minerals exploration

Kathmandu, Dec. 21: The Department of Mines and Geology has granted permission for exploration of minerals to 129 individuals and companies across the country. The Minerals Heritage Division of the Department carried out a study of the available minerals and granted the permission accordingly. Of them, 52 are for limestone,…

12/21/2017

Nepali immigrant in New Zealand sets up revolving fund to help poor students

Beni, Myagdi, Dec. 20: A Nepali immigrant in New Zealand has set up a revolving fund worth Rs 2.5 million in a bid to provide financial help for those hard working children from poor economic background studying in local Dhaulagiri Secondary School, Singa. Lal Bahadur KC, who is running his…

12/20/2017

NOC hikes fuel price

Kathmandu, Dec. 19: The Nepal Oil Corporation (NOC) has increased the price of petrol, diesel and kerosene by Rs one with effect from 12:00 midnight today. According to NOC spokesperson Birendra Goit, petrol will now cost Rs 101 per litre while the price of diesel and kerosene has been adjusted…

12/19/2017

BIMSTEC should be focused on economic development and prosperity

Kathmandu, Dec. 18: Diplomatic sector experts have stressed that the agenda of economic development and prosperity put forward by the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) should be put at the centre. The experts suggested that the BIMSTEC should be made strong and competent by…

12/19/2017

Pokhara-Lekhnath metropolis to have well-equipped park

Pokhara, Dec. 17: Construction of a well-equipped park has begun at Ramghat in Pokhara-Lekhnath Metropolitan City. The project costs Rs 4 million, and it will be built on seven ropanis of land provided by the Western Regional Hospital on the initiatives of a local Antar Samaj Federation Nepal. The park…

12/17/2017

Policy reform stressed for safer foreign employment

Kathmandu, Dec. 15: The need for policy reform has been highlighted for making foreign employment safe and dignified. The number of Nepalis who have gone for abroad jobs by taking labour permit is five million and around 500 thousand Nepalis go on foreign employment annually, according to the latest information…

12/15/2017

Fire at canteen guts property worth over Rs 1.2 million

Kakadbhitta, Dec. 14: A fire that broke out at the canteen within the premises of the Kakadbhitta Higher Secondary School in Jhapa gutted goods and property worth over Rs 1.2 million. The canteen is run by Narayan Bista of Mechinagar-6. Police said the fire started at 5 am today due…

12/14/2017

820 billion rupees required to run the federal system

Kathmandu, Dec. 13: A preliminary estimate by the Finance Ministry shows that at least Rs. 820 billion would be required to run the federal administration for the next three years. This will include the establishment of provincial infrastructure in the first phase, including the administrative units for the second tier…

12/13/2017

GIZ and AEPC sign pact on renewable energy

Lalitpur, Dec. 6: The German International Cooperation Agency, GIZ, and the Alternative Energy Promotion Centre (AEPC) have signed an agreement on the implementation of renewable energy programme for rural areas. This programme has been implemented under the technical assistance as per the understanding reached in 2014 between the Government of…

12/06/2017

INSTC to be operationalised mid-Jan 2018; game changer for India's Eurasia policy

NEW DELHI, Dec. 5: The International North South Transportation Corridor (INSTC) connecting Mumbai with St Petersburg and beyond – which has been 17 years in the making – is set to be operationalised from the middle of next month with the first consignment from India to Russia.  Although the formal…

12/05/2017

Producers unable to meet demand for organic tea

Ilam, Dec. 4: With the tea production season coming to a close, the tea entrepreneurs have said they are hard pressed to meet the demand for organic tea in the international market. Sarad Subba, the proprietor of Jasbire Tea Factory at Ilam Municipality-2, said they have not been able to…

12/04/2017

India’s GDP to double to $5 trillion in next 7 years: Mukesh Ambani

NEW DELHI, Dec. 1: Reliance Industries Ltd Chairman and MD Mukesh Ambani on Friday said that in the next seven years, India’s Gross Domestic Product (GDP) will double to $5 trillion and will hit $10 trillion by the end of 2030, pushing away China by the middle of the 21st century…

12/01/2017

India's Q2 GDP growth rate at 6.3%, snaps five-quarter slide

NEW DELHI, Nov. 30: India's GDP (Gross Domestic Product) growth rate for the second quarter (July-September) of the current fiscal stood at 6.3 per cent, government data showed on Thursday. The latest figures bring forth reasons for cheer as the country's GDP had been sliding for the last five quarters. The previous…

11/30/2017

Nepalis in Hong Kong donate Rs 1.3 million for school building construction

Phalebas, Parbat, Nov. 30: In a gesture of benevolence, Nepali immigrants living in Hong Kong have extended helping hands to construct school buildings in Parbat. They have donated Rs 1.3 million for the same, through Parbat Pun Magar Welfare Fund, Hong Kong. The donation amount was handed amid a programme…

11/30/2017

Dailekh locals demand execution of long halted development projects

Dailekh, Nov. 30: The overdue big development projects in the district are still awaiting execution. The right time for the implementation of development projects, and hearing the problems of the people is often only during elections in the country, a bad trend going on for long. Now, as the December…

11/30/2017

ADB agrees to provide Rs 15.4 billion loan assistance

Kathmandu, Nov. 27: The Asian Development Bank (ADB) is to provide loan assistance of US Dollars 150 million (approximately Rs 15.4 billion) for the implementation of Regional Urban Development Project. Shankar Prasad Adhikari, Secretary at the Ministry of Finance, and ADB country director Mr Mukhtor Khamaudkhanov signed an agreement to…

11/27/2017

Panchakanya Mai Hydropower Company gets go-ahead to issue ordinary shares for affected locals

Ilam, Nov. 26: The Securities Board of Nepal (Sebon) has given permission to Panchakanya Mai Hydropower Company to issue initial public offerings (IPOs) for the local affected people. The Company will issue 1.1 million ordinary shares for the affected locals at Sandakpur rural municipality and Ilam Municipality, said executive director…

11/26/2017

Job opportunities for 50,000 youths in one year: YSESEF's executive director Gautam

Palpa, Nov. 26: Executive director for the Youth and Small Entrepreneur Self Employment Fund (YSESEF) Dr Bishnu Prasad Gautam has said employment opportunities would be created within next one year for 50,000 youths through the YSESEF itself. "Cooperatives' help and cooperation are the most for making youths become self-employed, through…

11/26/2017

UNIDO Conference concludes

Kathmandu, Nov. 25: The 7th Conference of the Least Developed Countries held at the head office of United Nations Industrial Development Organization (UNIDO) in Vienna concluded on Friday. At the conference Industry Secretary Yam Kumari Khatiwada, who led the Nepali delegation, shared the policy initiatives and reforms taken by the…

11/25/2017

NB Insurance converts to IME General Insurance

Kathmandu, Nov. 23: The NB Insurance Company Limited has been transferred to IME General Insurance Limited, as per the decision of the Beema Samiti. The company had been providing non-life or general insurance service since the past 20 years. It is now owned and run by the IME group. The…

11/23/2017

Ivanka says no clash between dad's America First and Modi's Make in India

WASHINGTON, Nov. 22: US President Trump's assertion of America First and Indian Prime Minister Modi's call to ''Make in India'' are not mutually exclusive or contradictory, Ivanka Trumpa, advisor to the US President said on Tuesday, ahead of her maiden visit to India next week for the Global Economic Summit in Hyderabad."America…

11/22/2017

NRNs urged to invest knowledge and capital for motherland's prosperity

  Cologne, Germany, Nov 19 : Minister for Population and Environment, Mithila Chaudhary has said the non-resident Nepalis (NRNs) living and working in various countries across the world could significantly contribute by investing knowledge and capital for the motherland's prosperity. The Minister, who arrived in Germany to participate in the…

11/19/2017

International Buffalo Symposium underway in Chitwan

Ratnanagar, Chitwan, Nov. 16: The First International Buffalo Symposium 2017 has begun in Sauraha, Chitwan. Vice Chancellor of the Agriculture and Forestry University (AFU), Dr IP Dhakal inaugurated the four-day conference of buffalo experts on Wednesday. Around 200 buffalo experts, scientists, scholars and students from 11 various countries including Nepal…

11/16/2017

Construction entrepreneurs demands security from government

Kathmandu, Nov. 15: Federation of Contractors Association of Nepal has demanded that the government immediately arrest the mastermind of the murder of then chairman of the Federation, Sharad Kumar Gauchan. The Federation however thanked Nepal Police for arresting and making public five persons involved in the murder on Tuesday. Issuing…

11/15/2017

10th South Asia Economic Summit kicks off

Kathmandu, Nov. 14: The 10th South Asia Economic Summit began here today with the objective of holding extensive deliberations on the problems facing the development of South Asia. More than 200 delegates from the South Asian countries are taking part in the conference to be hosted jointly by the Ministry…

11/15/2017

10th South Asia Economic Summit from Tuesday

Kathmandu, Nov. 13: The 10th South Asia Economic Summit is beginning here tomorrow with the objective of holding extensive deliberations on the problems facing the development of South Asia. More than 200 delegates from the South Asian countries are taking part in the conference to be hosted jointly by the…

11/13/2017

Nepalis working in Qatar help victim family

Pathari, Nov. 13: Nepalis working in Qatar have provided financial assistance to the family of 21-year old Dipak Limbu (Maden) of Urlabarai-9 in the district, who had died after falling off a building while working in Qatar a month back. The Karmasheel Youth Morang Youth Saving Group provided Rs 139,557…

11/13/2017

Govt to monitor market to curb skyrocketing price of fresh vegetables

Kathmandu, Nov. 12: In order to control the excessive price hike of fresh vegetables, the government has decided to continue the regular monitoring of the market. Summoning the government officials on Sunday, the Office of the Prime Minister and Council of Ministers directed the officials to immediately contain the skyrocketing…

11/12/2017

Pokhara-based Janapriya campus to offer BMTM

Pokhara, Nov. 12: Janapriya Multiple Campus Pokhara is set to offer Bachelor in Mountain Tourism Management (BMTM). The move aims to contribute to the holistic development of mountain tourism, said the campus chief Biranji Gautam at a press conference organised here on Saturday to inform about the new programme. The…

11/12/2017

6,000 laptops donated to community schools across country

Kathmandu, Nov. 11: Six thousand laptops and other educational materials have been donated to approximately 140 community schools across the country. Provided by Sajha Education E-party Nepal, an NGO, the laptops which will be available in e-libraries of the schools, contain digital books, educational videos on health and agriculture, and…

11/11/2017

Amlekhgunj-Raxual petroleum pipeline to be completed in three years

Kathmandu, Nov. 10: The officials of Nepal and India have inspected the construction works of much-hyped Amlekhgunj-Raxual petroleum pipeline project on Friday. A three-member Indian team had arrived in Kathmandu on Thursday for the onsite visit of the project. Spokesperson of Nepal Oil Corporation (NOC) Birendra Goit said that officials…

11/11/2017

Grant programme of TEVT capacity support project begins

Pokhara, Nov. 9: The Technical Education and Vocational Training (TEVT) capacity support project's regional grant programme has begun. The British Council is operating the project funded by the European Union for the improvement of technical education and vocational training sector in the country. A programme was organized on Wednesday to…

11/09/2017

Rs 10 million provided for Social Welfare Fund

Jhapa, Nov. 8: A social worker, Tunga Bahadur Basnet, of Birtamod Municipality-1 in Jhapa district has provided Rs 10 million for the establishment of Purna-Tunga Social Welfare Fund. Fund operator Gopal Kumar Basnet said that a person for his/her remarkable contribution to social sector would be awarded from the interest…

11/08/2017

India to contribute $100 million to United Nations development fund

United Nations, Nov. 7: India has pledged to contribute $100 million to the India-UN Development Partnership Fund to help the poorest nations achieve the world organisation’s Sustainable Development Goals (SDGs) to reduce poverty and raise the quality of life.   Anjani Kumar, a Counsellor in India’s UN Mission, announced the multi-year…

11/07/2017

Annapurna alternative trekking route opens

Besisahar, Lamjung, Nov. 7: An alternative route to the round-Annapurna trekking has come into operation. The Manang-Lamjung Hotel Entrepreneurs Committee brought the alternative route into operation after the trekking was affected due to the construction of a motor road up to Manang. The route was formally opened amidst a programme…

11/07/2017

Nepal Poultry and Livestock International Expo, 2017 concludes

Chitwan, Nov. 6: The Nepal Poultry and Livestock International Expo, 2017, Nepal's first of its kind, concluded amid a programme in Chitwan on Sunday. Speaking at the event, the National Planning Commission member Dr Prabhu Budhathoki stressed the need for focusing on freshness and quality while producing meat. Likewise, other…

11/06/2017

ILO urged to launch result-oriented projects in Nepal

Kathmandu, Nov. 5: Secretary for Labour and Employment, Mr. Laxman Prasad Mainali, met Mr. Guy Ryder, Director General of International Labour Organization at his office on November 2 and held discussion on various facets of Nepal-ILO relations. The Labour Secretary is in Geneva to attend the 331st Governing Board Meeting…

11/05/2017

India to be high middle income economy by 2047: World Bank CEO

NEW DELHI, Nov. 4: Days after it gave India a 30 place jump in its ease of doing business ranking , the World Bank on Saturday said the Goods and Services Tax (GST) and reforms push by the government will catapult the country to high middle income economy in 30 years.It credited India's "extraordinary" achievement of…

11/05/2017

India at 100 in the Ease of Doing Business

KATHMANDU, Nov. 2: As per the latest World Bank’s Doing Business Report, India has jumped 30 places to stand at 100 in the new rankings.  This is historic for it is the highest jump by any country in the doing business sector and acknowledges India’s reform trajectory under the leadership…

11/02/2017

Mustang sells apples worth Rs 420 million this year

Pokhara, Nov. 1: Farmers in Mustang district sold apples worth Rs 420 million. Apple traders from Kathmandu, Pokhara, Narayanghat, Kusma, Baglung and Myagdi reached the apple growers' orchards in Mustang to purchase the apples. The wholesale traders had purchased apples even taking trees on lease. The retail price of a…

11/01/2017

Budget allocation under CISP, CDP stopped

Kathmandu, Oct. 31: The budget allocation under the Constituency Infrastructure Programme (CISP) and Constituency Development Programme (CDP) has been stopped. The discontinuity follows the Election Commission (EC) which on October 29 asked the government to cancel all projects under the two programmes and stop allocation of the budget for the…

10/31/2017

Assistance to flood survivors for house construction

Ratnanagar (Chitwan), Oct. 29: The flood survivors of Bharatpur Metropolis ward 27 and 28 in west Chitwan have received Rs 400,000 from Japan for the construction of house. Chitwan Society Japan handed over the assistance amount to the flood affected families amidst a programme on Saturday. The amount was collected…

10/29/2017

Lohani elected Chair of Tourist Bus Association

Pokhara, Oct. 29: A new Working Committee of Tourist Bus Association – an organization of tourist bus entrepreneurs – has been elected. The seventh convention of the Association elected a new working committee under the leadership of Prahlad Lohani. Among other elected are Dhakanath Kafle (first vice-chairperson), Bhishma Neupane (second…

10/29/2017

PPA renewed with India

Kathmandu, Oct. 27: Nepal Electricity Authority (NEA) has renewed the power purchase agreement (PPA) with NTPC Vidyut Vyapar Nigam (NVVN) of India. A high Nepali officials and Nigam officials signed the agreement in this regard in New Delhi on Friday. The agreement would last till December 32, 2017. NEA Spokesperson…

10/28/2017

Some 60 percent fund in impoverished citizen treatment fund goes to kidney patients

   Kathmandu, Oct. 25: Of the total budget that the government allocates every year to provide monetary assistance for the treatment of eight types of chronic diseases, some 60 per cent is being spent for kidney-related diseases. Heart, kidney, cancer, Parkinson's, Alzheimer's, head injury, spinal injury and sickle cell anemia…

10/25/2017

Fund raised through Deusi aided to school

Achham, Oct. 25: The fund raised through Deusi-Bhailo is to be spent for physical and educational development of the school. A decision was taken to mobilize the fund Rs 125,000 collected from Deusi-Bhailo at Chaurpati rural municipality-1, Siudi for the educational and physical development of the school. School Principle Harka…

10/25/2017

Funds from Deusi Bhailo to children's home

Besisahar, Lamjung , Oct. 23: A group of children here have donated the funds they collected by playing Deusi Bhailo during the Tihar festival for the conflict-affected children. Children in Besisahar-2, Bhakunde had earned Rs. 14,730 from the Deusi Bhailo, and they donated that to the Adarsha Women and Child…

10/23/2017

Construction of public toilets begins in Pun Hill for convenience of tourists

Babiyachaur, Myagdi, Oct. 22: Construction of public toilets has begun at Pun Hill, the popular tourist destination in Myagdi. This site lies in Annapurna Rural Municipality -6 of Myagdi at an altitude of 3,210 meters above the sea-level and is famous for observing the splendid views of sunrise and mountain…

10/22/2017

Fire guts property worth around Rs 5 million in Dhangadhi

Dhangadhi, Oct. 20: Property worth around five million rupees was gutted by fire at Traffic Chowk in Dhandadhi on Thursday night. The property was gutted after 'Bhattarai Plastic Showroom' of a local Ramnath Bhattarai caught fire. The fire damaged the two-storey building as well as destroyed plastic products. Three fire…

10/20/2017

Transport service at Parchyang, Nuwakot, for the first time

Nuwakot, Oct. 20: Transport service has reached for the first time at Parchyang of Naukunda rural municipality in Nuwakot district. Locals are happy with the road expansion to Parchyang of Saramthali from Bogatitar of Uttargaya rural municipality in Rasuwa district. Local elderly persons are elated after seeing a jeep in…

10/20/2017

Martyr's family supported from US

Rajbiraj, Oct. 18: The US-residing students from Madhes have extended financial support to the family of martyr Ananda Sah on Tuesday. Sah had got martyrdom in Maleth of Saptari district. A total of Rs 25,000 collected with the initiatives of Madhesi Engineers Student Union (MESU) was handed over to the…

10/18/2017

Indians shunning overseas job lure; job hunt at home on rise

New Delhi, Oct. 17: The charm of fetching a job overseas is waning in India as political uncertainty abroad has spurred highly skilled Indian talent to stay at home to look for employment, says a survey. As per a recent data released today by global job site Indeed, there has…

10/17/2017

Nepse soars by double digits

Kathmandu, Oct. 16: The domestic share market witnessed a double-digit rise Monday, the second day of the week. According to the Nepal Stock Exchange (Nepse), the sole authorised dealer to control over the share market, confirmed that the stock market today increased by 46.62 point, the highest rise after the…

10/16/2017

Road construction puts hotels at Annapurna trekking route in crisis

Beni (Myagdi), Oct. 16: The trekking route along the Annapurna Conservation Area is being shorten with the rampant construction of trial roads. The motorway construction has abridged the trekking of natural and tourism sites of the Annapurna Conservation Area that has put the trekking trade in crisis. Though the arrival…

10/16/2017

Indian economy on solid growth track, says IMF chief Lagarde

NEW DELHI, Oct. 16: The Indian economy is on a solid growth track in the medium and long term due to the structural reforms undertaken by the government, and the current slowdown due to implementation of the goods & services tax (GST) and demonetisation is short term, International Monetary Fund (IMF) chief Christine Lagarde has said.The…

10/16/2017

Pancheswar EMP in final stage

   Baitedi, Oct 15 (RSS): The development of the detailed environment management plan or EMP of the Pancheswar Multi-purpose hydropower project has reached the final stage. Environment experts are now giving final shape to the plan by making an onsite visit to the areas affected by the Mahakali river, where…

10/15/2017

Financial support for Ribhan flood survivors

Pokhara, Oct. 15: The Tamu Samaj UK, Mothers' group has donated one hundred thousand rupees to the flood survivors of Ribhan Pathe in Machhapuchre rural municipality-5. Advisor to the group Laxmi Prasad Gurung handed over the amount to ward chair and disaster management committee coordinator Jum Bahadur Gurung on Saturday.…

10/15/2017

DG level talks on Customs co-operation between Nepal and India held

  KATHMANDU, Oct. 13: DG Customs, Nepal and DG, DRI India held 18th DG level talks in New Delhi on 9th and 10th October to strengthen co-operation in preventing smuggling of drugs, fake Indian currency notes, gold, wildlife, other contraband across Nepal -India border and sharing of information.    According…

10/12/2017

Govt employee arrested taking bribe

Rajbiraj, Saptari, Oct. 12: A government official has been caught red-handed while taking bribe in Saptari district. A team from the Saptari branch of the Commission for the Investigation of Abuse of Authority arrested Prakash Prasad Pokharel, official at the District Land Reforms Office, from the office while taking a…

10/11/2017

People with disability receive aid from US

Urlabari (Morang), Oct. 12: Nepali people living in the United States have aided Rs 75,000 in cash to five persons with disabilities in Ratuwamai-8, Itahari of Morang. They all are the off-springs of Tulsiram and Srijana Dhungana. Sachin Rai and his family members, hailing from Miklajung rural municipality-1, currently residing…

10/29/2017

RSS employees contribute to PM Disaster Relief Fund

Kathmandu, Oct. 11: Employees of the National News Agency (RSS) have contributed Rs 325 thousands to the Prime Minister's Disaster Relief Fund for the assistance of disaster survivors. The amount was managed by reducing some portion from the monthly salary of the RSS employees and deposited in the disaster relief…

10/11/2017

Main trekking route damaged by earthquake in Langtang area repaired

  Kathmandu, Oct. 11: The Trekking Agencies' Association of Nepal (TAAN) has repaired the main trekking route and constructed the truss bridge in Langtang. The route and the bridge were damaged by the Gorkha Earthquake on April 25, 2015. TAAN completed the Rs 1.27 million projects in September. This information…

10/11/2017

Nepse index surges by 0.74 points

Kathmandu, Oct. 10: Having suffered a fall in previous trading days, the Nepal Stock Exchange (Nepse) index has climbed up by 0.74 points on the third trading day of the week. The index closed at 1502 points. The sensitive index also rose by 0.22 points. A total of 6 lakhs…

10/10/2017

Mirgunj bridge repair and test operation completes

Biratnagar, Oct. 10: Repair of the Mirgunj Bridge which was damaged by the flood on last August has completed now. The bridge is five-km away in the south from bordering Indian market, Jogbani, With the repair, the test operation of the vehicular movement of loaded trucks has been also carried…

10/10/2017

Rai aids Rs 100,000 for a school in Khotang

Khotang, Oct. 10: A social worker of Okhaldhunga, Man Bahadur Rai, has provided financial support for the establishment of revolving fund in a school. Rai, a local of Manebhanjyang rural municipality-1 of Okhaldhunga, handed Rs 100,000 for the setup of a revolving fund at Dudhkoshi Primary School run at Halesi…

10/10/2017

Rs 76,000 adds to journalist's fund

Surunga, Jhapa, Oct. 9: Rs 76,000 has been added to the fund named Journalist Help Treatment Fund established to provide monetary help in the treatment of ailing journalists of the district. Local businessperson and social worker Kedar Giri provided the amount. A check for the amount was handed over jointly…

10/09/2017

Assistance to road accident victim

Tokyo, Japan, Oct. 8: Nepalis in Japan have collected fund for the assistance of the family of a road accident victim from Baglung district in Nepal. The victim, Giri Bahadur Bishwakarma of Galkot-6, Baglung district is in coma after suffering a fatal road accident in Qatar where he had gone…

10/08/2017

NRB to absorb Rs 5 billion to curb liquidity

Kathmandu, Oct. 7: Nepal Rastra Bank (NRB) has decided to absorb Rs 5 billion from bidding on Sunday. The NRB is absorbing the amount in view of the growing investment worthy capital in the banking system, said Assistant Spokesperson at NRB, Narayan Poudel, adding that it would be drawn through…

10/07/2017

Massive irregularities in air ticketing

Bajura, Oct. 6: Airlines companies providing air service from and to Kolti airport are found to have been charging irregular price for air tickets. The passengers heading home for Dashain festival have suffered as a result. Though the airfare is fixed at Rs. 3,760 from Kolti to Nepalgunj, passengers were…

10/06/2017

Waste processing plant under construction in Itahari

Itahari, Oct. 6: A waste management and processing centre is under construction at Dumotakka village of Itahari Sub-metropolis-10 at the cost of Rs. 131.5 million. The centre is expected to manage the solid waste amounting to around 35 metric tons produced daily by the Sub-metropolis. The plant will also produce…

10/06/2017

Around 10 million collected to upgrade school in Myagdi

Babiyachaur, Oct. 5: The locals at Malika rural municipality in Myagdi district as well as people from the district residing overseas have contributed in cash amounting to around Rs 10 million for the upgradation of a local school. A fundraising campaign launched by the locals since April, 2016 and ran…

10/05/2017

With 6% growth, India to surpass China as fastest growing oil market in 2018: Moody's

MUMBAI, Oct. 3: On the back of a 6 per cent demand growth, India will surpass China as the fastest-growing Asian market for petroleum products in 2018, says a report. This is possible as Chinese demand growth is seen halving to 2.5-3 per cent in 2017-18 from a higher 6 per cent in 2016-17.Despite…

10/03/2017

Construction of seven drinking water projects commences in Tehrathum

Tehrathum, Oct. 2: Construction of seven drinking water projects has commenced simultaneously in Tehrathum, a hilly district in the Province 1 of eastern Nepal. Such projects supported by the Rural Drinking Water and Sanitation Fund Development Board and coordinated by the district-based Deurali Society, a non- governmental community development organisation,…

10/02/2017

Some Rs 240 million released under SSA scheme in Tanahu

Damauli, Oct. 2: In Tanahu, a total of 8,908 senior citizens above 70 received the social security allowance (SSA)/old age allowance last fiscal year. Senior citizens who are not pensioners are given Rs 2,000 monthly by the government under the social security allowance. In the district, around Rs 240 million…

10/02/2017

World Bank to provide approx Rs 6 billion loan

Kathmandu, Oct. 1: The World Bank is to provide a loan assistance of approximately Rs 6 billion for the implementation of second phase of the Vocational Education and Training Project. The bank approved the loan today which it is providing with the aim of promoting just access to technical education…

10/01/2017

18 bridges to be built along Narayangadh-Mugling road section

Chitwan, Sept. 29: The Department of Road is to build new 18 bridges in the place of the existing ones along the Narayangadh-Mugling road section within two years. According to the Department of Road's Sanjaya Kumar Shrestha, most of the existing bridges are narrow and in a dilapidated condition. Shrestha…

09/29/2017

Chinese national held with foreign currencies from TIA

Kathmandu, Sept. 29: Police on Thursday apprehended a Chinese national with US dollars 46,480 and Chinese Yuan 1,600 from the Tribhuvan International Airport (TIA) in Kathmandu. 41-year-old Yankun Duwan was intercepted by the security personnel while going through handbag checking at the TIA. The Chinese national, carrying a passport with…

09/29/2017

Economic crisis mars Biratnagar Jute Mill operation

Pathari (Morang), Sept. 25: Economic crisis has loomed large in the country's oldest and historical Biratnagar Jute Mill to continue its operation. The government has not yet released budget as it requires Rs 100 million to resume the operation of the Mill which has the political history in the struggle…

09/25/2017

Vehicles worth Rs 8 billion imported during two months

Birgunj, Sept. 25: Traders have imported Indian vehicles worth amounting to Rs 8 billion to Nepal from India during the period of two months from mid-July to mid-September this year in view of festive season. Information Officer at Birgunj Customs Checkpoint Santosh Yadav shared that 30 % of the total…

09/25/2017

Investment of Rs 15 million for promotion of traditional skill-based enterprises

Babiyachaur (Myagdi), Sept. 24: An investment of Rs 15 million has been mobilized in Myagdi for the promotion of enterprises based on indigenous skills. The mobilization has been made through the Market Linkage Development for Conflict Survivors of Nepal Project being implemented by Dhaulagiri Community Resource Development Centre (DCRDC) with…

09/24/2017

NFC begins sale of goat, chyangra

Kathmandu, Sept. 21: Nepal Food Corporation (NFC) has begun the sale of goat, and chyangra (mountain goat) the NFC has brought for Dashain from today. As per the price set by the NFC, one he-goat is priced Rs 450 per kilogram, while goat, and chyangra are brought for Rs 455…

09/21/2017

Resort in operation on way to Rani Mahal

Palpa, Sept. 20: Here's good news for visitors to the Rani Mahal, a popular tourist spot in the district. A resort has come into operation at Gaighat, Bagnaskali rural municipality-8, four kilometres ahead of the Rani Mahal. The Rani Mahal is a historic palace monument close to the Kali Gandaki…

09/20/2017

South Korea to assist Nepal in developing smart cities

Nawalparasi, Sept. 19: The South Korean government has pledged support in transforming Nepal's six local tiers into smart cities.    South Korea will be lending diverse economic support for sustainable development of two metropolitan cities including Kathmandu and four municipalities.    One of the other metropolitan cities is Pokhara whereas…

09/19/2017

Stakeholders press for strict compliance with money laundering investigation

Kathmandu, Sept. 16: Are you an owner of millions worth of properties? Are you concerned if your property will create a problem in connection to money laundering investigation? Don't worry if you have properties earned through legal means. You can assuredly continue your business. The Nepal Chamber of Commerce on…

09/16/2017

Nepali diaspora in Japan sends support for Anita's treatment

Pokhara, Sept. 16: The Nepali diaspora in Japan have extended financial support for the treatment of a teenage girl who suffered severe burn injuries in a kitchen accident. Anita Dhalauti of Bagari area of Pokhara – Lekhnath Metropolitan City received Rs 70,900 in support to treat her burn injuries. The…

09/16/2017

Nepal Yarn and Textile Expo-2017 kicks off

Kathmandu, Sept. 15: The Nepal Yarn and Textile Expo-2017 has kicked off at Bhrikutimandap in Kathmandu from today. Secretary at the Ministry of Industry, Shankar Prasad Koirala, inaugurated the Expo organized by the Nepal Yarn Producers Association to promote the locally produced textiles and yarns. Secretary Koirala said that the…

09/15/2017

Nepal signs agreement for MCC grant assistance of USD 500 million

   Washington DC, Sept 15: An agreement related to the Millennium Challenge Corporation (MCC) compact programme aimed at Nepal's economic development and eradication of poverty was signed amidst a function held in Washington DC on Thursday. MCC's Acting CEO, Jonathan Nash, and Nepal's Minister for Finance Gyanendra Bahadur Karki signed…

09/15/2017

US to assist RS 50 billion to Nepal; MoU signing today

Washington DC, Sept. 14: A Memorandum of Understanding (MoU) is being signed at Washington today in regard to the US government's grant-assistance worth around Rs 50 billion to Nepal. Finance Minister Gyanendra Bahadur Karki on behalf of the Nepal government and Deputy Secretary of State John J Sullivan from the…

09/14/2017

Annapurna Circuit bustling with a surge in tourists

Manang, Sept. 13: The world famous Annapurna Circuit – an alpine trek route – is bustling with a surge in the number of tourists. As the climate veers towards the incoming winter with the end of monsoon season, the number of tourists entering Manang has ranged around 80 to 100…

09/13/2017

Construction of Budhi Gandaki Hydel Project will be accelerated : PM Deuba

Kathmandu, Sept. 10: Prime Minister Sher Bahadur Deuba has reaffirmed his commitment to accelerate the hydro power project of national pride such as Budhi Gandaki. Receiving a 12-point memorandum handed over by the Budhi Gandaki Hydro Power Project National Stakeholders Committee at the office of the Prime Minister and Council…

09/10/2017

CIAA nabs court staff while taking bribe

Kathmandu, Sept. 10: The Commission for the Investigation of Abuse of Authority has on Sunday arrested Surya Prakash Pariyar, a tameldar (runner) at the Kathmandu District Court, red-handed, while taking Rs 35 thousand in bribe. CIAA spokesman Jeev Raj Koirala said a team from the commission nabbed Pariyar from Budhanilkantha,…

09/10/2017

Schools' raise funds for Tarai's flood-stricken

Bhaktapur, Sept. 9: The educational institutes here have extended financial assistance for the flood – stricken of the Tarai districts worst hit by the recent disaster. The Private and Boarding Schools Organization Nepal (PABSON) fundraised Rs 620,000 as assistance to the victims of flood. PABSON Bhaktapur Chairman, Sri Krishna KC,…

09/09/2017

1st Int Business Women's Summit to be held on 11 Sept

Kathmandu, Sept. 7: Around 80 delegates comprising women entrepreneurs from 80 countries will convene in Kathmandu for the Across Barriers-International Business Women's Summit on coming September 11. The two-day event is being organized by the South Asian Women Development Forum (SAWDF) with financial support from the Ministry of Agriculture, US…

09/07/2017

Tilicho Lake's glory remains undimmed

Manang, Sept. 4: The splendour of the alpine Tilicho lake located 4,919 metres above the sea level at Nesyang rural municipality – 9 of Manang district continues to enchant the visitors. The lake offers a panoramic view of the great Himalayan range including the Mt Muktinath Tilicho and Mt Nilgiri.…

09/04/2017

No need to go abroad for job, NRB Governor

Palpa, Sept. 3: Governor of Nepal Rastra Bank (NRB) Dr Chiranjibi Nepal has said that country would be prosperous through entrepreneurship instead of youths going for overseas jobs. Inaugurating a branch of Citizens Bank International at Raina Devi Chhahara Rural Municipality in Palpa on Sunday, the Governor said that self-employment…

09/03/2017

two-days training programme held

KATHMANDU, Sept. 1: The National Reconstruction Authority (NRA) of Nepal and the Embassy of India in Kathmandu have jointly organized a two-day training programme from 30-31 August on the Export Import (EXIM) Bank of India’s Line of Credit guidelines and procedures along with simulation exercise on a range of projects.…

09/01/2017

Government not to increase power tariff for industrial sector

Kathmandu, Aug. 31: The government is not implementing its decision shortly to hike electricity tariff for industries. Energy Minister Mahendra Bahadur Shahi, during his meeting with officials of the Confederation of Nepali Industries (CNI) at his office today, assured them that electricity tariff for the industrial sector would not be…

08/31/2017

Efforts for road network expansion to Taklakot checkpoint underway-Minister Balayar

Dhangadhi, Aug. 31: Minister for Physical Infrastructure and Transport Bir Bahadur Balayar said efforts are underway to expand the existing road network to the Taklakot checkpoint of China. At a press conference organized by Nepal Press Union on Wednesday, Minister Balayar informed that matters related to expand road connectivity to…

08/31/2017

725 families received relief support

Inaurwa, Aug. 30: A non-government organisation has distributed relief support to 725 flood affected families in Kaptangunj of Devangunj rural municipality on Tuesday. The United Mission to Nepal and Chandramukhi Club, Chimadi jointly distributed food stuff enough for 15 days for the families, according to the Club director Umesh Mehata.…

08/30/2017

Power supply to around 900 households resumes

Gulmi, Aug. 28: A hydro power project based at the Daram river in Gulmi has resumed operation albeit temporarily after monsoon – triggered landslide swept its dam and channel stalling its activities three weeks earlier. The Daram Khola Micro Hydro Power Project temporarily reconstructed its dam and channel for immediate…

08/28/2017

WFP starts distribution of food supplies in flood-stricken areas

Kathmandu, Aug. 27: The UN World Food Programme has started distribution of food supplies to 180,000 people struck by massive flooding in the wake of incessant monsoon downpours. The WFP is coordinating with the local bodies to distribute two weeks' supplies of rice and cereal grains in Saptari, Rautahat, Banke…

08/27/2017

10 tractors used in illegal transport of sand under control

Dhangadi, Aug. 27: Authorities on Saturday took under control 10 tractors being used in the illegal transport of sand excavated from the Khutiya river of Kailali. The police team led by Ward Police Office, Dhangadi, Hikkmat Thapa, took the tractors under control and arrested its drivers, District Police Office Spokesperson…

08/27/2017

NC collects Rs 10 million for flood affected

Kathmandu, Aug. 25: The Nepali Congress (NC) has collected Rs 10.69 million to support the flood survivors. The amount was collected from the NC lawmakers' one month's salary to support the flood and landslide affected communities. NC parliamentary party secretary Dhruba Wagle handed over the amount to party's Acting President…

08/25/2017

FNJ demands increased amount of public welfare advertisement

Kathmandu, Aug. 25: The Federation of Nepali Journalists (FNJ) has demanded the government that it increased the amount of 'Public Welfare Advertisement'. The first meeting of the newly elected working committee of the FNJ made such demand reasoning that the proportional advertisement policy was yet to be introduced, said FNJ…

08/25/2017

Two inter-country transmission lines inaugurated; additional 100 MW to be imported

Kathmandu, Aug. 24: Prime Minister Sher Bahadur Deuba, who is on a state visit to India, and his Indian counterpart Prime Minister Narendra Modi has jointly inaugurated Raksaul-Parwanipur and Kusha-Kataiya inter-country transmission lines. The two important inter-country transmission lines were inaugurated at the Haidarabad House in the Indian capital city,…

08/24/2017

Nepal can be new melting pot for tourists, traders and investors: PM Deuba

New Delhi, Aug. 23: Prime Minister Sher Bahadur Deuba has called upon both business communities from Nepal and India to work together to advance common goal of greater prosperity by building on the strong social ties and heritage that we share. Addressing a gathering of business leaders from India and…

08/24/2017

PM Deuba urges NRNs to return to help develop their motherland

New Delhi, Aug. 23: Prime Minister Sher Bahadur Deuba has urged the Nepalis involved in various occupations in India to return home to help develop their country. Prime Minister Deuba, who arrived here today on a five-day state visit, requested Nepali students pursuing higher studies to return home after completion…

08/23/2017

Police hand over Rs 21,000 seized from gamblers to support students

Melamchi, Aug. 23: Area Police Office, Melamchi has distributed cash seized from gamblers for support of the students with different abilities. The police unit handed over Rs 21,205 to a school's management on Tuesday evening. The police had arrested four gamblers red – handed with the cash at Helambu rural…

08/23/2017

President Bhandari donates one month's salary

Kathmandu, Aug. 21: President Bidya Devi Bhandari has donated her one month's salary for the flood and landslides survivors. The amount was deposited in the Prime Minister's disaster relief fund. According to the Office of the President, the expert advisors of the President donated their seven days' salary, the secretary…

08/21/2017

RBB staff arrested as accomplice in bank fraud case

Gaushala, Aug 21: The local authorities here have arrested an employee with the Rastriya Banijya Bank (RBB) in Mahottari for alleged involvement in the Rs 4 million bank fraud case. RPP Jaleshwor Branch's senior assistant technician, Mahendra Sah, 57, of Jaleshwor municipality – 2 was taken into custody as an…

08/21/2017

Construction of tunnel at Ghalemdi Hydro Power Project

Babiyachaur (Myagdi), Aug. 21: The construction of a tunnel of Ghalemdi Hydro Power Project at Narchyang of Annapurna rural municipality – 4 has been completed. Two tunnels constructed from the dam and outlet were linked together on Sunday under the five – megawatt project being developed by the Ghalemdi Hydro…

08/21/2017

Relief distribution to flood – stricken gains momentum

Nepalgunj, Aug. 20: The distribution of relief packages to the flood-stricken in four districts of the mid western region worst hit by monsoon – triggered flooding is gaining pace. The distribution is taking place under the first phase in Banke, Bardiya, Dang and Surkhet through the District Natural Disaster Relief…

08/20/2017

Biratnagar Airport resumes air services partly

Biratnagar, Aug. 19: The Biratnagar airport has resumed its services partly from today, more than a week after it was inundated by flood water. The runaway including the check-in counters were all covered by mud and sand due to inundation caused by incessant rainfall last week. As a result, the…

08/19/2017

India to extend 250 million Indian Currency to flood survivors

Kathmandu, Aug. 18: Indian Prime Minister Narendra Modi has telephoned Prime Minister Sher Bahadur Deuba and expressed grief over loss of lives and properties caused by the flood and landslides in the recent days in Nepal. Modi also pledged to provide 250 million Indian currency for the support of the…

08/19/2017

President authenticates 'Economic Bill'

Kathmandu, Aug. 18: President Bidya Devi Bhandari has authenticated the 'Economic Bill, 2074 BS'. The Bill was presented before the Head-of-the-State for authentication, following its endorsement by the Legislature-Parliament. The President certified the Bill today as per the Article 113 (2) of the Nepal's Constitution, the Office of the President…

08/18/2017

Manju receives financial support from Nepali diaspora in Hong Kong

Urlabari (Morang), Aug. 18: The Urlabari Family, Hong Kong has extended financial assistance to a 27 – year – old woman of Uralbari – 6 suffering from kidney failure. Manju Dhimal was provided Rs 281,000 for treatment of both of her failed kidneys. The money was raised among the members…

08/18/2017

Bright Market to employ visually impaired citizens

Pokhara, Aug. 18: The Ujyaalo Academy Nepal on Thursday set up a Bright Market at the Siddhartha Mini Market at Chipledhunga of Pokhara to provide employment for the visually impaired and physically disabled citizens. The market was established with an aim to make visually impaired persons self – dependent through…

08/18/2017

India surpasses China on Retail Development Index in first half of FY17: Report

NEW DELHI, Aug. 17: India has surpassed China in the global Retail Development Index in 2017, indicating growing prominence of the country as a preferred retail destination for global brands, says a report by real estate consulting firm CBRE South Asia.Seven new global brands entered the country during the first half (H1)…

08/18/2017

RPP to provide Rs 500,000 in PM Relief Fund

Kathmandu, Aug 17: The Rastriya Prajatantra Party (RPP) has announced to provide Rs 500,000 in cash in the Prime Minister Disaster Relief Fund to support the survivors of landslides, flood and inundation. Issuing a statement today, Party Spokesperson Bhuwan Pathak has demanded to provide Rs 500,000 each to the deceased's…

08/17/2017

CG relief assistance to flood survivors

Rajbiraj, Aug. 17: The Chaudhary Group on Wednesday distributed relief to flood survivors in three villages of Saptari district. The relief aid was distributed to 570 flood-affected families of Sakardahi, Madhuwapur and Badnaha in ward number 2, 3 and 4 of Hanumannagar Kankalani municipality. CG senior manager Anil Singh shared…

08/17/2017

Grand Australian education fair today

Pokhara, Aug. 17: The 'Grand Australian Education Fair' is taking place today in Pokhara under the aegis of Expert Education and Visa Services. All necessary preparations to this effect were complete, shared Expert Pokhara Director Ramesh Kumar Thapa at a press conference organized here on Wednesday. There will be the…

08/17/2017

Flights in Tenzing-Hillary Airport disrupted for 8 days

Solukhumbu, Aug. 16: Flights to and from Tenzing-Hillary Airport at Lukla in Solukhumbu district have been disrupted for the past eight days, leaving hundreds of tourists stranded. The adverse weather is reasoned for the disruption of the flights operation at the airport. Thick fog has shrouded the Airport area for…

08/16/2017

Ministry employees contribute over Rs 12 million to flood victims

Kathmandu, Aug. 15: All employees of the Ministry of Agricultural Development and bodies under it have contributed Rs 120 million for the rescue and relief works in the aftermath of the flood and landslides that occurred in the country in the recent days. A meeting of the chiefs of all…

08/15/2017

Home Ministry releases Rs 19.7 million for disaster victims

Kathmandu, Aug. 13: The Home Ministry has released Rs 19.7 million to provide financial assistance to the disaster victims in various districts of the country. The districts, especially in the southern plains have been badly affected with the floods and inundations, while landslides occurred in many hilly districts after the…

08/13/2017

Call to make Gauriphanta checkpoint of international standard

Kathmandu, Aug. 12: Efforts have been initiated to upgrade Dhangadhi-based Gauriphanta – the main checkpoint connecting Province-7 to India – to meet the international standards. A joint delegation comprising local people's representatives and entrepreneurs of Province-7 took the initiative for the same by calling on Prime Minister Sher Bahadur Deuba…

08/12/2017

Stronger partnership, deeper collaboration to combat BIMSTEC challenges: PM Deuba

Kathmandu, Aug. 10: Prime Minister Sher Bahadur Deuba has underscored the need of stronger partnership and deeper collaboration among the BIMSTEC member states in order to combat the challenges facing the BIMSTEC region. In his inaugural address to the 15th BIMSTEC Ministerial Meeting in the capital city Thursday evening, the…

08/10/2017

Job and career fair targeting unemployed youths

Kathmandu, Aug. 10: The 'job and career fair' is taking place in the capital to open up avenues for employment opportunities for the unemployed youths. At a press conference organized here on Wednesday, fair programme coordinator Shanker Bhattarai shared that the two-day fair has been organized to establish connection between…

08/10/2017

EU contributes 7.3 billion to SSDP in Nepal

Kathmandu, Aug. 9: The European Union is to grant financial assistance worth Rs. 7.36 billion to the government to help implement the School Sector Development Plan. The amount to be received for the next five years will be utilized in bringing necessary reforms to the management and service delivery of…

08/10/2017

Nepal-India electricity exchange committee meeting after six years

Kathmandu, Aug. 7: The Nepal-India electricity exchange committee is meeting in New Delhi on Tuesday. The agenda to be discussed during the meeting is fixation of the cost and amount of electricity Nepal Electricity Authority has been importing from various places of India. The discussion on the cost of electricity…

08/08/2017

Nepal's broadcasting sector ignored, belittled: argue stakeholders

Kathmandu, Aug. 6: Speakers at a programme have complained that the broadcasting sector in Nepal was ignored and belittled most by the government and the bureaucracy. Despite several efforts made to set up the national broadcasting authority to see overall issues facing broadcasting sector, the lack of political commitment and…

08/06/2017

Evening bus service launched in Pokhara

Pokhara, Aug. 5: The Pokhara Bus Entrepreneurs' Committee has introduced evening bus service in Pokhara – Lekhnath Metropolitan City beginning from Friday. The evening bus service has been launched to provide services to the residents of the metropolitan city till late evening hours, Committee Chairman, Deu Prasad Gurung said. The…

08/05/2017

Jumla collects Rs 66 million in revenue

Jumla, Aug. 3: The Taxpayers' Service Office, Jumla, has collected a total of Rs 65.9 million plus in revenue in the last fiscal year. Acting Chief of the Office Kamalesh Kumar Yadav said that contribution of the income tax with Rs 22 million is the highest in the revenue collection.…

08/03/2017

Construction works on Pokhara Regional Intl Airport start

Pokhara, August 2: The construction of the Pokhara Regional International Airport has started. Mr. Jerry Yang, Asia Pacific Division General Manager of China CAMC Engineering Corporation Limited, said this in the meeting organized here today by the Pokhara Regional International Airport Construction High-level Cooperation Committee. The meeting was called after…

08/02/2017

Ex FM Mahat expects Indian support for foreign access and international market

Kathmandu, July 30: Former Foreign Minister and Nepali Congress leader Dr Prakash Sharan Mahat on Saturday stressed on the need for support from the Indian side for foreign access and international market to Nepal. Speaking at a programme organized by the Indian Council for International cooperation titled "Nepal-India Relations in…

07/30/2017

Education official released after 12 hours in CIAA detention

Mahottari, July 29: Sarlahi's District Education Official has been released after 12 hours in detention for investigation by the Commission for Investigation of Abuse of Authority (CIAA) Liaison Office, Bardibas. DEO Homnath Subedi was taken under control on Friday and released at around 10 pm. Subedi was arrested with Rs…

07/29/2017

Indian support in promoting Nepal's trade would continue : Ambassador Puri

Bhairahawa, July 29: An Integrated Check Post (ICP) will be set up at Belahiya along the Nepal – India border. Indian Ambassador to Nepal, Manjeev Singh Puri, on Friday spoke of preparations to establish the ICP to streamline customs management amidst an interaction on Nepal – India Border Problem and…

07/29/2017

Meeting held of India-Nepal Joint Team of Experts

KATHMANDU, July 27: 15th Meeting of India-Nepal Joint Team of Experts (JTE) on Sapta Kosi High Dam Multipurpose Project and Sun Kosi Storage-cum-Diversion Scheme was held on 25-26 July in Kathmandu .  Nepalese team was led by  Nabin Raj Singh, Director General, Department of Electricity Development, Government of Nepal and…

07/27/2017

107 – year – old receives social security allowance at doorstep

Sankhuwasabha, July 26: The municipal staff and the ward chairpersons have distributed the social security allowances at the doorsteps of the recipients here in Chainpur municipality of Sankhuwasabha. The differently abled, single women and the elderly citizens received the security allowances from the people's representatives elected during the recently held…

07/26/2017

India's economy to grow faster than China: IMF

NEW DELHI, July 24: India will stay ahead of China in growth sweepstakes in 2017 as well as 2018, said the International Monetary Fund (IMF) while retaining the country's GDP forecast at 7.2 per cent for the current fiscal.According to IMF's World Economic Outlook Update, India's growth is projected to accelerate to 7.7 per…

07/25/2017

Land revenue employees held on graft charge

Bhaktapur, July 22: The Commission for the Investigation of Abuse of Authority (CIAA) has arrested four employees of the Land Revenue Office, Bhaktapur on the charge of taking Rs 50 thousand in bribe. A CIAA team on Friday arrested Chakra Bahadur Shrestha, Raj Kumar Ghimire, Dinesh Regmi and Durga Pokharel.…

07/22/2017

Finance Minister Karki's strongly worded direction to implement budget

Kathmandu, July 19: Finance Minister Gyanendra Bahadur Karki has urged the secretary and chiefs of the departments under the Ministry to work effectively, so that country's economic growth rate would continue rising. In a strongly worded direction, he said, "Be mindful, the programmes you implement and the money you spend…

07/19/2017

Handing over of Cheque for for Government of India assisted Postal Highway Project

KATHMANDU, July 19:  Ambassador of India  Manjeev Singh Puri handed over a Cheque for an amount of INR 14,83,67,977.00 equivalent to NRs. 23,73,88,762.68 (Nepalese Rupees Twenty Three Crore Seventy Three Lakh Eighty Eight Thousand On Wednesday, to the Secretary, Minister for Physical Infrastructure and Transport Shri Devendra Karki at Singha Durbar…

07/19/2017

DPM Mahara urges Norway for investment in energy sector

Kathmandu, July 18: Deputy Prime Minister Krishna Bahadur Mahara has, expressing gratitude to the Government of Norway for its assistance to Nepal's peace process, relief and rescue efforts during the earthquake and post-quake reconstruction efforts, expected the Norwegian support to the sector of energy as well. During his meeting with…

07/18/2017

Siraha transport management office starts distributing smart card

Lahan (Siraha), July 17: Transport Management Office, Lahan has started distributing digital driving licence (smart card) in the district. Section office at the office Krishna Prasad Poudel said the number of the service seekers was encouraging. (RSS) 

07/17/2017

40 % complete in Rasuwagadhi hydropower project

Rasuwa, July 15: At least 40 % of the construction of Rasuwagadhi Hydropower Project in northern Rasuwa has completed as of now. According to project engineer Nagendra Gywali, the 111 Megawatt project has seen the construction of water dam, sand filter pond and tunnel and powerhouse side by side. The…

07/15/2017

Ambassador Basnyat urges business people to flow investment to Nepal

Kathmandu, July 15: Nepali Ambassador to the Philippines Dr Niranjan Man Singh Basnyat urged the Philippine industrialists and entrepreneurs to flow investment to Nepal. At a programme organized by the Nepali Embassy in Kuala Lumpur, Malaysia on investment and tourism promotion at Manila of the Philippines, he noted positive change…

07/15/2017

Massive fire in Itahari, losses incurred may tip 70 million

Itahari, July 14: A massive fire at the main marketplace of Itahari Sub Metropolis – 6 in Sunsari district has inflicted a loss estimated at around Rs 65 million. The fire broke out at 12:30 am from a short – circuit at a storehouse of marbles, tiles and stationery materials…

07/14/2017

Nine arrested for power hooking

Lahan, May 19: As many as nine persons were arrested on Thursday on charges of power hooking. The Nepal Electricity Authority Distribution Centre, Lahan led a joint team comprising the police force to arrest the nine individuals who were slapped a fine of Rs 64,000. The joint team of NEA…

05/19/2017

India 2nd-best for renewable energy investment after China

New Delhi, May 16: India has overtaken the US to become the second most attractive country after China for renewable energy investment, according to a report by UK accountancy firm EY.     In an annual ranking of the top 40 renewable energy markets worldwide in terms of allure, China was…

05/16/2017

Nepal proposes China for road and railway links along border areas

Kathmandu, May 15: Minister for Physical Infrastructure and Transport Ramesh Lekhak has proposed to the Chinese Transport Minister to link Nepal's border with road and railways connectivity. Minister Lekhak, who is currently in China, made such proposal with Chinese Transport Minister Li Xiaopeng during a meeting Monday. During the meeting,…

05/15/2017

DPM Mahara attends High Level Dialogue in China; China reaffirms commitment to reopen Tatopani border point

Kathmandu, May 15: Deputy Prime Minister and Minister for Finance Krishna Bahadur attended the session of High Level Dialogue of the Belt and Road Forum for International Cooperation at China National Convention Centre in Beijing on Sunday. According to the press statement released by the Embassy of Nepal in Beijing,…

05/15/2017

Sarada reelected as Morang Merchants' Association Chair

Pathari (Morang), May 12: Morang Merchants' Association has reelected lawmaker Pawan Kumar Sarada as its Chairman. Association's officials attending the 31st Working Committee on Thursday evening unanimously elected Sarada as their chief. The Committee's officials elected Avinash Bohara as Advisor, Prakash Mundada as Senior Vice Chairman, Sushil Kumar Joshi as…

05/12/2017

Postal highway to be completed within a year: Indian envoy

Dhanusha, May 12: Indian Ambassador to Nepal, Manjeev Singh Puri, on Thursday said the development projects running in Nepal under Indian support would soon be completed. At a felicitation programme organized by Nepal – India Friendship Youth Association here in Janakpur, the Indian envoy shared that the postal highway –…

05/12/2017

Six Chinese arrested along with different currencies worth Rs 47.56 million

Kathmandu, May 10: The Metropolitan Police Crime Division has arrested six Chinese nationals along with currencies from various countries worth Rs 47.56 million today. The team arrested the Chinese along with a tourist vehicle from Nagdhunga while they were smuggling the currencies from Kathmandu to China via Galchhi, Rasuwa and…

05/10/2017

Three of Britain’s four wealthiest are Indians

LONDON, May 8: The wealthiest persons in Britain are India-born, according to the Sunday Times Rich List 2017 which places the Hinduja brothers Srichand and Gopichand at the top of 134 billionaires. The brothers' estimated riches: 16.2 billion pounds, 3.2 billion pounds more than last year. Overall, the United Kingdom has witnessed, contrary to all expectations,…

05/08/2017

Ambassador Manjeev Singh Puri handed over different types of vehicles to Election Commission

KATHMANDU, May 2: In a brief ceremony organized at the premises of Election Commission Monday, Ambassador of India Manjeev Singh Puri, handed over different types of vehicles to Dr. Ayodhee Prasad Yadav, Chief Election Commissioner of Nepal,towards India’s logistical support for smooth conduct of elections. These vehicles have been donated…

05/02/2017

Govt agrees to reduce illegally hiked school fees within 15 days

KATHMANDU, Apr. 29: A meeting between the agitating student unions and the Ministry of Education (MoE) on Friday has agreed to reduce within 15 days the fees illegally increased by the private schools. Signing a four-point agreement, the ministry has expressed its commitment to scrap the licenses of those schools that…

04/29/2017

Lauda case sent to SC full bench

KATHMANDU, Apr. 20: The Supreme Court (SC) on Wednesday deferred the hearing on the infamous Lauda air scam after justices Sharada Prasad Adhikari and Ishwari Prasad Khatiwada were divided on the final verdict. The case was supposed to get settled now, sixteen years after it was filed at the court. Following conflicting…

04/20/2017

50 Indians in Forbes’ under-30 list of super achievers from Asia

New York, Apr. 17: Over 50 Indians, including gymnast Dipa Karmakar, Olympic medallist Sakshi Malik and actress Alia Bhatt, are among Forbes’ list of super achievers from Asia under the age of 30 who are “pushing boundaries of innovation”.   The second Forbes ‘30 Under 30’ Asia list 2017 features 300…

04/17/2017

Global Nepal Fest-2017 in US cities

Kathmandu, Apr. 13: Global Nepal Fest-2017 is taking place in two major east coast cities of the United States with a view to promoting Nepal to the global community through art, music, culture, food, tourism and handicrafts. The Vintuna International is organizing the event in Washington DC on April 16…

04/13/2017

House panel seeks life term for sale of sub-standard, date-expired drugs

KATHMANDU, Apr. 10: A parliamentary panel has proposed revisions in the Drugs Act 2035 BS, proposing up to life imprisonment for pharmaceuticals owners if they are found manufacturing or selling sub-standard drugs or drugs that have exceeded  their shelf-life. According to the proposed revisions, if any individual dies because of…

04/10/2017

Stockpiles of corrugated zinc sheets found in Birgunj

Parsa, Apr. 9: A huge stockpile of corrugated zinc sheets worth millions – which the government imported from India for the quake-stricken – has remained neglected for the past two years in Birgunj. The Salt Trading Corporation purchased Rs 260 million worth of zinc sheets from India under the government's…

04/09/2017

Indian, Malaysian firms sign investment deals worth Rs 2.45 lakh crore

NEW DELHI, Apr. 4: Visiting Malaysian PM Najib Razak extolled the virtues of the humble south Indian idli as Indian and Malaysian companies signed investment deals worth $36 billion or about Rs 2.45 lakh crore.Addressing Indian business leaders here as he oversaw the signing of the business agreements, Najib said, "I want…

04/04/2017

आलेख ः विद्युतलाई आर्थिक समृद्धिको मेरुदण्ड बनाउन भारतको साथ जरुरी– हरि प्रतिज्ञ

  गत असोज महिनामा नेपालबाट विदेशिएको कुनै आफन्तलाई ‘अहिले त नेपालमा चौबीसै घन्टा बिजुली आउँछ, हामी जतिखेर मन लाग्यो टेलिभिजन देख्न पाउँछौं, कम्प्युटरमा काम गर्न सक्छौं, अतिरिक्ति शुल्क नदिएर फोटोकपी गराउन सक्छौं, प्रेसमा जेनेरेटरबिना नै पत्रपत्रिका छपाउन सक्छौं’ आदि÷इत्यादि भन्दा उसले पत्याउनै गाह्रो हुन्छ । यो सुनेर उसको मुखबाट निस्कने…

04/02/2017

Indian students may get right to work in UK again

NEW DELHI, Apr. 1: Post-Brexit, Indian students in Britain may once again get employment rights upon completion of their degree courses. Indian High Commissioner to UK, Yashvardhan Kumar Sinha said on Thursday that reinstating the two-year post-study work visa is "very much on the bilateral agenda and is being discussed." Indian students…

04/01/2017

Export of power to Nepal to increase shortly-India

KATHMANDU, Mar. 31: As per Central Electricity Authority, the Designated Authority of Government of India for Cross Border Trade of Electricity, 1st time India has turned around from a net importer of electricity to Net Exporter of electricity. During the current year 2016-17 (April to February 2017), India has exported…

03/31/2017

Minister Deepak Bohara meets Indian Minister of State for Petroleum and Natural Gas Dharmendra Pradhan

KATHMANDU, Mar. 28: The Indian Minister of State (I/C) for Petroleum and Natural Gas, Dharmendra Pradhan met Deepak Bohara, Minister of Supplies of Nepal on 27th March in New Delhi. Both Indian and Nepalese Ministers witnessed the renewal of Supply Agreement between Indian Oil Corporation Ltd (IOCL) and Nepal Oil…

03/28/2017

India agrees to provide Nepalis exchange facility up to IRs 4,500

KATHMANDU, Mar. 27: India has agreed to provide Nepalis exchange facility of up to IRs 4,500 per person.In a discussion with Nepal Rastra Bank (NRB) officials in Kathmandu on Sunday, the visiting Indian Reserve Bank (RBI) delegation has agreed to provide exchange facility of up to IRs 4,500 per person, a…

03/27/2017

NEPSE surges for eight consecutive trading days

KATHMANDU, Mar. 26: Investors are experiencing golden moment as NEPSE continues to surge for eight consecutive trading days on Sunday. With the increment in the turnover in the share market, the NEPSE has seen green in the index chart. For the last five trading days, the turnover has crossed the…

03/26/2017

Free industrial sector of politics

Kapilvastu, Mar. 25: Federation of Nepalese Chamber of Commerce and Industry (FNCCI) President, Pashupati Murarka, has urged the political parties to free the industrial and commercial sector of strikes and agitations. Inaugurating the Fourth Ancient Kapilvastu Festival on Friday at Taulihawa, Murarka pointed out that Nepal's industrial sector was capable…

03/25/2017

Energy sector means of achieving socio-economic dev: Energy Minister

KATHMANDU, Mar. 22: Energy Minister Janardan Sharma has said Nepal has identified energy sector as a means of achieving socio-economic development and the incumbent government is active for the development of energy.  In his address to a two-day regional meeting on sustainable energy for Asia-Pacific Least Developed Countries kicked off…

03/22/2017

Master plan for Terathun's tourism promotion in the making

Terathun, Mar. 22: The making of a five – year tourism master plan started a year ago for boosting the district's tourism sector is nearing the final stages of completion. The District Coordination Committee has stated that the master plan is being formulated for uplifting the economic status of the…

03/22/2017

'Rhododendron Festival' at Ghumte on New Year 2074

Baglung, Mar. 19: A 'Rhododendron Festival' is being held on the occasion of the Nepali New Year 2074 BS here at Ghumte, a mesmerizing tourist destination located 3,120 meters above sea level. The Galkot Travel Tourism Development Centre is organizing the Rhododendron Festival from April 13 to 14. The Centre…

03/19/2017

Global finance gathering struggles to define trade stance

BADEN, Germany, Mar. 18: Financial officials from the world's biggest economies are struggling to define a common stance on trade in the face of the Trump administration's insistence that cross-border commerce must be "fair" as well as "free." Finance ministers from the Group of 20 countries comprising more than 80 percent…

03/18/2017

Govt committed to attract foreign investment: PM

KATHMANDU, Mar. 16 : Prime Minster Pushpa Kamal Dahal has said that the government is committed to attract the foreign investment in the country for the better economic and sustainable development. Speaking at the inaugural ceremony of the 6th International Trade Fair in Kathmandu on Thursday, PM Dahal said that…

03/16/2017

Sri Lankans interested to visit Nepal

Kathmandu, Mar. 16:  Visiting Chief of Sri Lankan Army, Crishantha De Silva, paid a courtesy call on Prime Minister Pushpa Kamal Dahal and discussed on strengthening Nepal- Sri Lanka relations. During a meeting held at PM's resident Baluwatar on Wednesday, PM Dahal said Nepal's peace process and army integration was…

03/16/2017

CIB files charge-sheet against 33 for smuggling of 33 kg gold

KATHMANDU, Mar. 5: Central Investigation Bureau (CIB) has filed charge sheet against 33 individuals at the Kathmandu District Court on Sunday claiming their involvement in the gold smuggling racket. Based on the intelligence provided by the global police, INTERPOL, the CIB on January 5 had intercepted 33.577 kg of 'smuggled'…

03/05/2017

Investors intend to pour $ 13.52 b into Nepal

KATHMANDU, Mar. 4: Investors both foreign and domestic  have shown keen interest in investing in Nepal. They signed letters of intent (LoI) for investing a total of $13.52 billion,  at the concluding ceremony of the Nepal Investment Summit 2017 on Friday.Amongst the interested investors, China has signed LoI worth $8.3 billion,…

03/04/2017

Nepal will get to exchange demonetised Indian currencies: Jaitley

KATHMANDU, Mar. 3: Nepal will get to exchange the demonetised Indian currencies, India’s Finance Minister Arun Jaitley said here in Kathmandu on Friday. Speaking to media, the Indian minister, who addressed the Nepal Investment Summit in Kathmandu thursday as a keynote speaker,  said the issue apropos to the exchange of demonetised…

03/03/2017

Jaitley sees great investment potential in Nepal

KATHMANDU, Mar. 3: Indian Minister for Finance and Corporate Affairs, Arun Jaitley, has said that Nepal holds tremendous potential as a destination for investment. Speaking at the Nepal Investment Summit 2017 in the capital on Thursday as the keynote speaker, the Indian Finance Minister also said that Nepal can utilize its…

03/03/2017

Indian FM Jaitley finds investment-friendly environment in Nepal

KATHMANDU, Mar. 2: Indian Minister for Finance Arun Jaitley said that hard working people of Nepal and government's positive policy framework have created an opportunity for the investment in Nepal. Addressing at the Nepal Investment Summit, which began on Thursday, Indian Minister Jaitley said that bilateral relation between Nepal and India…

03/02/2017

Investment climate in Nepal improving

KATHMANDU, Mar. 2: The government in recent months has passed and introduced key legislations to create investment friendly environment. And with the new legislatures that have helped create investment climate, the government is organizing the Investment Summit after a long duration of 25 years. The earlier Investment summit, the government organized…

03/02/2017

House panel forms sub-committee to study problems of banking industry

KATHMANDU, Mar. 1: The Finance Committee of the parliament has formed a sub-committee to look into the problems in the banking and financial system including the ongoing shortage of lendable funds in bank and financial institutions (BFIs). Following a meeting on Tuesday about the current problem seen in the financial system, the…

03/01/2017

Govt officials commit to expedite implementation of ADB-funded projects

Kathmandu, Feb. 28: The concerned officials involved in implementing the development projects run in Nepal with support from the Asian Development Bank (ADB) have expressed commitments to avoid negligence in the assigned job.   The stakeholders and the responsible officials made such commitment at a trilateral review meeting organized to discuss…

02/28/2017

RBI team arriving today to discuss exchange facility

KATHMANDU, Feb. 28: A team of Reserve Bank of India (RBI) -- the central monetary authority of India -- is arriving Nepal on Tuesday to hold discussion on management of demonetized Indian banknotes that Nepali bank and financial institutions (BFIs) and general public possess.According to a senior official of Nepal Rastra…

02/28/2017

Nepali youths in South Korea extend support for fire victims

Paanchthar, Feb. 26: The Nepali migrant workers in South Korea have extended economic assistance to the victims of the massive fire that ripped through the Sankranti Bazaar of Terathun.   The youths of the Limbu community have donated Rs 181,000 through their organization, Thakthung Sayang South Korea. The donation was…

02/26/2017

34 trucks of yaks supplied in one year

Solukhumbu, Feb. 25: A total of 34 trucks of yaks have been supplied from Solukumbhu district in a year's period. District Livestock Service Office, Solukhumbu's senior official, Lekhraj Dahal, said the number of yaks was supplied from the district since mid April. A truck carries around 20 to 22 calves…

02/25/2017

Cabinet approves the investment proposal for generation component of Arun-3 Hydro Electric Project in Nepal

NEW DELHI, Feb. 23: Indian Cabinet approves the investment proposal for generation component of Arun-3 Hydro Electric Project in Nepal by SJVN Limited, a Central Public Sector Enterprises of Government of India    The Cabinet Committee on Economic Affairs chaired by the Indian Prime Minister  Narendra Modi has approved: (i)…

02/23/2017

bilateral Line of Credit Review Meeting

KATHMANDU, Feb. 23: The 5th bilateral Line of Credit (LoC) Review Meeting between the Nepal and Governments of India  was held on 21-22 February in Kathmandu.  The the Nepalese delegation was led by Baikuntha Aryal, Joint Secretary, International Economic Cooperation Coordination Division, Ministry of Finance. The Indian delegation was led  by Ajit Gupte, Joint Secretary (DPA-I),…

02/23/2017

Indian railways minister in town for Infra Summit

Kathmandu, Feb. 20: Indian Railways Minister Suresh Prabhakar Prabhu arrived here Saturday afternoon to participate in the ‘Nepal Infrastructure Summit 2017’. Highlighting the role of infrastructure development for economic prosperity, Minister Prabhu opined that the Infrastructure Summit would be pivotal for accelerating economic growth of Nepal at a time when the…

02/20/2017

Bajura people unsatisfied with delay in construction work

Bajura, Feb. 19: The Bajura locals have shown their dissatisfaction towards what they term as the 'working style' of the Department of Urban Development and Building Construction (DUDBC) Division Office, Doti. They have accused the DUDBC office in Doti of undertaking the construction of district's government office buildings carelessly and…

02/19/2017

Indian Ambassador inaugurates projects in Sindhuli, Sarlahi and Rautahat Districts

KATHMANDU, Feb. 17:  The Ambassador of India  Ranjit Rae returned to Kathmandu after successfully concluding his two days visit to Sindhuli, Sarlahi and Rautahat Districts. During the visit, he inaugurated and laid foundation stone of various Small Development Projects being executed or completed with Indian financial assistance of NR 155…

02/17/2017

17 city roads to be upgraded in Ilam

Ilam, Feb. 17: Eastern Road Division Office, Ilam has started opening track and upgrading 17 city roads at the same time in the current fiscal year 2016/17. A total of Rs 7.14 million budget has been allocated for the same, according to the office. Office Chief and Divisional Engineer Shivalal…

02/17/2017

Indian embassy provides support to Sindhuli institute

KATHMANDU, Feb. 16: Gyanveer Singh, second secretary at the Embassy of India, Kathmandu, Shiva Humagain, Local Development Officer, Sindhuli and Ambar Deep Devkota, Principal of Sindhuli Community Technical Institute (SCTI) signed a memorandum of understanding for the construction of three-storey building with 19 rooms, computer and internet lab and a reading…

02/16/2017

Fire ravages property worth Rs 1.5 million

Rajbiraj, Feb. 15: A fire that broke out at Portaha-5 of Saptari district on Tuesday evening ravaged property worth Rs 1.5 million. According to the Area Police Office, Bhardha, the fire spread from the house of Chandra Dev Khidahari Yadav, a local, had gutted three houses. The inferno turned into…

02/15/2017

Nepal, India discuss development modality of New Butwal-Gorakhpur transmission line

KATHMANDU, Feb. 14: The Nepal-India Joint Working Group (JWG) on Monday held discussion on different modalities to build New Butwal-Gorakhapur Cross Border Transmission Line. The meeting, however, could not take any decision. The JWG, which has been formed to implement Power Trade Agreement (PTA) signed by Nepal and India is co-chaired by…

02/14/2017

Fake Rs 2,000 notes from Pak reach India via Bangladesh border

NEW DELHI, Feb.13: It took barely two months since the demonetisation policy was announced for Pakistan-based counterfeiters to come out with fake Rs 2,000 notes, which were pushed by smugglers through the porous India-Bangladesh border, official sources told The Indian Express, citing recent seizures and arrests made by the National Investigation…

02/13/2017

Dhurmus – Suntali Foundation receives additional support

Bardibas, Feb. 12: The Dhurmus – Suntali Foundation of Nepal, which is currently building the integrated model settlement in Bardibas of Mahottari, received additional donation to fuel its social work on Saturday.  Hotelier Hira Gautam extended an assistance of Rs 100,000 for the purpose. Gautam handed over the cheque to…

02/12/2017

Nepal SBI Bank’s 23rd AGM held

KATHMANDU, Feb. 11: Nepal SBI Bank successfully held its 23rd annual general meeting (AGM) here on Thursday. The AGM approved the Directors Report, Profit and Loss Appropriation Account along with Annual Financial Statements for fiscal year 2016-17, as per a media release. During the year, the bank was able to record…

02/11/2017

Banks not to issue new credit to automobiles, real estate

KATHMANDU, Feb. 10: Commercial banks have decided not to issue new loans to finance unproductive sectors including automobiles and real estate. They have also agreed among themselves not to issue margin loan that lets one to borrow by pledging shares as security.Nepal Bankers' Association (NBA) made the announcement on Thursday, a day…

02/10/2017

NRB tells BFIs to stop interest rate distortion, other anomalies

KATHMANDU, Feb. 9: Concluding that the banks and financial institutions (BFIs) are perpetuating anomalies in the financial sector, Nepal Rastra Bank (NRB) has instructed them to abide by self-regulation before the central bank takes stern action against them.Summoning the leaders of the banks and financial institutions' associations at the NRB office…

02/09/2017

India commits 50 million for construction of Old Age Home for Jyapu Samaj in Lalitpur District

KATHMANDU, Feb. 8: On February 06, Gyanveer Singh, Second Secretary in the Embassy of India, Kathmandu, Bharat Mani Pandey, Chief & Executive Officer, Lalitpur Sub Metropolitan Office and Prem Bahadur, Chairman, Jyapu Samaj signed a tripartite Memorandum of Understandings (MoU) for construction of four and a half storey building for…

02/08/2017

'Lack of financial discipline in BFIs behind shortage of loan-able fund'

KATHMANDU, Feb. 7: Nepal Rastra Bank (NRB) Governor Chiranjibi Nepal has said that the present mismatch between deposit collection and loan mobilization was because of the lack of financial discipline in bank and financial institutions (BFIs). Speaking at a meeting of the parliamentary Public Accounts Committee (PAC) on Monday, Governor Nepal said…

02/07/2017

Janata Bank Nepal establishes branchless services in Kailali

Dhangadi, Feb. 6: The Janata Bank Nepal Ltd has set up branchless banking services in four different locations in the Kailali district. The bank started the branchless services from four locations including Chaumala, Pahalmanpur and Masuriya VDCs on Saturday. The branchless outlets will be providing small scale loans for the…

02/06/2017

Govt to develop Upper Arun Hydel Project on 'company model'

KATHMANDU, Feb. 5: The government has initiated efforts to develop Upper Arun Hydropower Project on 'company model' with the project registered with the Office of Company Registrar recently.  Following the company registration, the Ministry of Energy said the preparations are underway to forward the proposal to the Council of Ministers…

02/05/2017

Collective effort better in business

Kathmandu, Feb. 4: An interactive programme was held in the capital city with an aim to inform the Nepali youths on scope and extent of the industrial business. The National Volunteers Corps organized the event presented by Himalayan Climate Initiative in which more than 2,000 youths from across Nepal took…

02/04/2017

NCE Nepal calls for giving priority to school reconstruction

Kathmandu, Feb. 3: Fourteen different networks campaigning for quality education in the country have expressed concern over what they called the school restructuring and reconstruction not picking up speed despite the passage of more than one and half years of the Gorkha Earthquake.       The National Campaign for Education-Nepal (NCE…

02/03/2017

Labor permit from online system

Kathmandu, Feb. 2: Awarding of labour permit for foreign employment aspirants has begun through online system from Wednesday.       The online permit was launched by Minister for Labour and Employment, Surya Man Gurung, from Tahachal and Minister of State Dilip Khawas Gachchhadar from Labour Village.       Before the online system,…

02/02/2017

Cooking gas dearer by Rs 25 per cylinder

KATHMANDU, Feb. 2: Nepal Oil Corporation (NOC) has increased the price of liquefied petroleum gas (LPG) by Rs 25 per cylinder. Bhanu Bhakta Khanal, the spokesperson for NOC, said that the new price will come into effect from Thursday. The decision means price of cooking gas has climbed to Rs 1,350…

02/02/2017

Indian Budget 2017: Income Tax cut by 5% for individuals in major relief to middle class

NEW DELHI, Feb. 1: In a major step, Finance Minister of India Arun Jaitley announced the reduction of the existing rate of taxation for individuals with income ranging between Rs 2.5 lakh to Rs 5 lakh to 5% instead of 10%. There will be a surcharge of 10% for those whose annual…

02/01/2017

Camel and yak take centre stage at Tulsipur Fest

Tulsipur (Dang), Feb. 1: The ongoing Mid Western Regional Trade, Tourism and Industrial Agriculture Festival – 2073 in Tulsipur is tapping into unconventional and creational methodology to draw visitors. The exhibitors are using heater for creating an artificial, but a right climatic temperature for camels transported from the scorching deserts…

02/01/2017

Consumer committee oversees 98 per cent of development works

Dadeldhura, Jan. 31: Most of the public works of development in Dadeldhura are undertaken by consumers themselves. The development works related to drinking water, road infrastructure and irrigation with budget below Rs 6 million are mostly carried out by consumers and commoners. Around 98 per cent of such development works…

01/31/2017

Handing over of Cheque for NRs.24,97,10,698.17 for Govt of India assisted Postal Highway Project

KATHMANDU, Jan. 30: On Monday, January 30,  Ambassador of India  Ranjit Rae handed over a Cheque for an amount of  24,97,10,698.17 (Nepalese Rupees Twenty Four Crores Ninety Seven Lakh Ten Thousand Six Hundred Ninety Eight & paise seventeen only) to the Minister for Physical Infrastructure and Transport Ramesh Lekhak at…

01/30/2017

Authorities seal three pharmacies in Pakhribas

Dhankuta, Jan. 28: Three pharmacies including one health clinic were sealed in Pakhribas Municipality during a surprise raid. The District Monitoring Committee, Dhankuta led by Assistant Chief District Officer on Friday sealed the illegally running pharmacies at Pakhribas Municipality – 4.  The polyclinic was sealed as it had been operating…

01/28/2017

Business leaders call for effective implementation of ICT policies

KATHMANDU, Jan. 26: Leaders of information and communication technology (ICT) business have said that there is a need to effectively implement policies and regulations related to the ICT sector. While they say that the policies and regulations are up to the mark, the lack of coordination and cooperation among various agencies has…

01/26/2017

India commits 26 million for construction of a new building for Latinath Secondary School in Darchula

KATHMANDU, Jan. 24: On January 20, Gyanveer Singh, Second Secretary in the Embassy of India, Kathmandu, Sahadev Rayamajhi, LDO, Darchula and  Keshab Raj Bist, Principal, Shree Latinath Secondary School signed a tripartite Memorandum of Understandings (MoU) for construction of two double storey buildings for Shree Latinath Secondary School in Darchula…

01/24/2017

Finance Minister Mahara urges ADBL to extend services to rural areas

Kathmandu, Jan. 20: Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara has urged the Agricultural Development Bank Limited (ADBL) to extend its services to the targeted groups. As a stated-owned bank with the largest network, the ADBL should pay due attention to provide modern banking services at the people's…

01/20/2017

NEA crackdown on power hooking continues unabated

Urlabari, Jan. 19: As the campaign to prevent leakages of electricity intensifies, Nepal Electricity Authority (NEA), Biratnagar on Wednesday arrested 91 persons for power hooking. They were arrested for hooking the electric poles to use the power for irrigation purposes and in their residences, Office Chief Shambhu Kusiyat said. The…

01/19/2017

Indian Embassy donates bus to school

Rampur (Palpa), Jan 18: The Ex-Army Rising English School in Rampur of Palpa has received a bus. The Indian Embassy in Kathmandu donated the 33-seater bus with an aim to facilitate the travel for the students living in locations lying far from the school. The School Management Committee, students and…

01/18/2017

Municipal town council draws plan for promoting agricultural tourism

Dhankuta, Jan. 13: The Pakhribas Municipality held its 3rd Town Council drawing a conclusion for a plan to develop agricultural tourism. Spurred on with a drive to promote agricultural tourism in fiscal year 2016/17, the organic production model has been adopted from this year onwards. A centre for research and…

01/13/2017

39,000 tourists visited Mustang in 2016

Mustang, Jan. 12: More than 39,000 tourists visited Mustang district in 2016. According to the Annapurna Conservation Area Project, a total 39017 tourists visited Mustang in the year. The number is a significant rise in compared to the previous year, which was 23,272 in 2015. Trekking in Annapurna Circuit, visiting…

01/12/2017

CAN Infotech from Jan 26

Kathmandu, Jan. 12: The Subisu CAN Infotech is to be held at local Bhrikutimandap of the capital from coming January 26 to 31. The annual information technology fair organised by the Computer Association of Nepal will include a total of 222 stalls on various aspects of IT, according to information…

01/12/2017

India’s assistance of NRs. 619.63 million for Embankment construction along Lalbakeya, Bagmati and Kamla Rivers in Nepal

KATHMANDU, Jan. 11: Ambassador of India to Nepal Ranjit Rae handed over a cheque of NRs. 619.63 million on January 11 to Deepak Giri,Minister of Irrigation, Government of Nepal as India’s contribution towards construction of embankments along Lalbakeya, Bagmati and Kamla rivers in Nepal.   Construction of embankments is an…

01/11/2017

House passes BAFIA with two four-year term limits for chairman, CEO of BFI

KATHMANDU, Jan. 11: The parliament has endorsed the bill to amend and unify bank and financial institution act (BAFIA), imposing two term limit for the chief executive officer, chairman and managing director of a bank or financial institution. The bill endorsed by a full house of parliament on Tuesday will come…

01/11/2017

Indian Ambassador Inaugurated Upgraded Hydropower Project in Solumkhumbu

SOLUKHUMBU, Jan. 9: On January 08 Ambassador of India Ranjit Rae inaugurated upgraded Thame Khola Hydropower plant in Namche VDC of Solumkhumbu district. The work of capacity building of the plant from 630 KW to 930 KW has been undertaken with India’s assistance of NRs.44 million.  The Thame Khola Small…

01/10/2017

Despite demonetisation, India to grow faster than China: Dean Kishore

  SINGAPORE, Jan. 7: Indian economy will grow faster than China despite the temporary slowdown created by demonetisation, an Indian-origin academic and former Singapore diplomat said at a conference of leading world universities here on Saturday."Even if the demonetisation created a slowdown, it is not going to change the long-term momentum of where India is going with…

01/07/2017

Committee formed to probe on smuggled gold

Kathmandu, Jan. 7: The Department of Customs has formed a committee to probe into the smuggled gold (33 kgs) which was left unattended at Customs Office of Tribhuvan International Airport. A five-member team led by Deputy Director General at the Department, Suman Dahal, has been formed to probe into the…

01/07/2017

Call for prioritizing renewable energy

Pokhara, Jan. 6: The concerned stakeholders have called for prioritizing the renewable energy by setting up biogas plants to supplant the energies produced from the water resources and forest. The participants at a one-day regional orientation programme organized by  Minister for Population and Environment, Alternate Energy Promotion Centre (AEPC) and…

01/06/2017

‘China needs manufacturing upgrade amid challenges from India’ : Chinese media

BEIJING, Jan. 4: China should focus on upgrading its manufacturing amid rising competition from India which with its labour advantage has become an attractive destination for multinational firms like Apple, Chinese official media said. As US President-elect Donald Trump pledges to bring manufacturing jobs back to the US and China’s competitors seem…

01/04/2017

Pokhara to be declared load-shedding free

KATHMANDU, Jan. 4: Buoyed by success in the Kathmandu Valley, Nepal Electricity Authority (NEA) is implementing a plan to end load-shedding in Pokhara.The power utility is providing uninterrupted power supply in the lake city for the past two weeks.Speaking at an interaction at the Federation of Nepalese Chambers of Commerce and…

01/04/2017

India provides financial help for construction of two Schools in Kailali district

KATHMANDU, Jan. 3: On December 30, 2016, Gyanveer Singh, Second Secretary in the Embassy of India, Kathmandu, Keshab Prasad Bimali LDO, Kailali and Khagendra Bahadur Gharti Magar, Principal, Shree Saraswati Secondary School signed a tripartite Memorandum of Understandings (MoU) for construction of the school building for Shree Saraswati Secondary School, Tikapur…

01/03/2017

Extensive Educational Fair in the offing

Pokhara, Jan. 2: A three-day 'Extensive Educational Fair' is being held in Pokhara next week with an aim to inform students on the subjects for further pursuit of studies and the educational institutes in the country and abroad. Education Consultancy Association of Nepal (ECAN) – Kaski on Sunday held a…

01/02/2017

Pokhara hotels record cent percent occupancy

POKHARA, Jan. 1: The Lake City of Pokhara has recorded a cent percent occupancy in hotels for the first time following the 2015 April earthquake. Rooms in Pokhara at present are full with people enjoying the New Year 2017. For the past two days, hotels in Pokhara are full, said President…

01/01/2017

After losing to India in FDI, China opens up economy more

BEIJING, Dec. 31: China, which last year lost the top position as an investment destination to India, has now opened up more sectors for foreign investors to catch up in the race. It is offering a slice of tightly controlled segments like public transport and railway equipment to foreign players besides cutting…

12/31/2016

Indian PM Narendra Modi launches UPI based mobile payment app called BHIM

NEW DELHI, Dec. 31: Indian Prime Minister Narendra Modi on Friday launched an e-wallet app, BHIM (named after Dr BR Ambedkar), to make online transactions easier, saying it was the best new-year gift to people.  The Aadhaar-based mobile payment application will allow people to make digital payments directly from their…

12/31/2016

India commits 10 million for construction of a new building of Shree Bal Govinda Janta Higher Secondary School

KATHMANDU, Dec. 27: On December 26 Gyanveer Singh, Second Secretary in the Embassy of India Kathmandu, Jagannath Pant, LDO, Sarlahi and Badri Narayan Mishra, Principal, Shree Bal Govinda Janta Higher Secondary School signed a tripartite Memorandum of Understandings (MoU) for construction of the school building for Shree Bal Govinda Janta Higher…

12/27/2016

Directives to start preparations for establishing rail network

Kathmandu, Dec. 22: The Development Committee under the Legislature-Parliament has issued directives to the authorities concerned to start preparations for establishing railway network in the country.  The Ministry of Physical Infrastructure and Transport including its subordinate bodies have been asked to prepare a nationwide 'rail network action plan' for constructing…

12/22/2016

India surpasses UK in terms of GDP for the first time in 150 years: What it means

NEW DELHI, Dec. 21: In a report published in Forbes on December 16, it was revealed that India’s Gross Domestic Product (GDP) is set to surpass that of United Kingdom for the first time in 150 years. The International Monitory Fund (IMF) had, on October 8, predicted the same and said that…

12/21/2016

Nepal-India Folk Crafts Festival

KATHMANDU, Dec.20: The India-Nepal Folk Crafts Festival (INCF) an initiative of South Asia Foundation (SAF), to promote crafts based bilateral relations and to enhance artisans based cultural exchange programme between India and Nepal. This unique craft Festival starts from December 19-23 at Bhrikuti Mandap Kathmandu with free entry and open to all.…

12/21/2016

Transport Management Office to be set up at Jagati

Bhaktapur, Dec. 19: The Department of Transport Management (DoTM) is set to open up an office at Jagati in Bhaktapur to oversee and provide services related to the driving license. A rental agreement has already been reached for taking a house on lease and the office will be inaugurated on…

12/19/2016

VDC Secretary with millions in cash yet to show up

Doti, Dec. 18: A secretary in Doti remains unaccounted for after fleeing with millions of rupees allocated for two village development committees. VDC Secretary, Ishwor Bahadur Singh, stands accused of embezzling millions allocated as part of social security allowances for Pokhari and Jijaudamandau VDCs. He has been on the run…

12/18/2016

Capex gathers pace in fifth month of fiscal

KATHMANDU, Dec. 18: The government’s capital expenditure has gathered pace in the fifth month of this fiscal to 7.33 per cent of the total annual allocation of Rs 311.95 billion as compared to a mere 4.76 per cent in the fourth month of this fiscal. As per data unveiled by…

12/18/2016

Supreme Court mandamus to govt to stop rotation system in transport

Kathmandu, Dec. 16: The Supreme Court has issued a mandamus in the name of the government to stop the rotation system in public transport.       A joint bench comprising Justices Dr Ananda Mohan Bhattarai and Anil Sinha issued on Thursday the order in the name of the government to halt…

12/16/2016

KMC to take action against Hotel Yak&Yeti

Kathmandu, Dec. 14: The Kathmandu Metropolitan City is to forward process to take action against Durbarmarg-based Hotel Yak &Yeti after it turned a deaf ear to the KMC's request to pay tax.  According to the KMC, it is going to start the process to take action against the Hotel as…

12/14/2016

Reconstruction of quake-damaged school begins with donor money

Falebas (Parbat), Dec. 10: The reconstruction of a local school, which was completely damaged by the 25 April 2015 earthquake, has begun with support from donor. The reconstruction of the Pashupati Higher Secondary School based in Ramjadeurali VDC of Parbat has started. Students of the school have been compelled to…

12/10/2016

Sikta Irrigation Project to come into operation by June

Nepalgunj, Dec. 9: The much-awaited Sikta Irrigation Project is expected to come into operation within next six months. The project said that it had set a target to complete the construction works and distribute water to the field of farmers by June 2017. Sikta is one of the national pride…

12/09/2016

National Industrial Trade Fair set to kick off

Pokhara, Dec. 7: All necessary preparations for the National Industrial Trade Fair to be held at Pokhara Exhibition Centre from December 8 to 19 have been completed. Pokhara Chamber of Commerce and Industry (PCCI) is organizing the event under the banner 'Protect Investment, Continue Promoting Industrial Business'. The event will…

12/07/2016

Separatists plea to tourists: Visit Valley, enjoy its beauty

SRINAGAR (INDIA), Dec. 7: The separatist leadership today appealed to tourists and pilgrims to visit the Kashmir valley, terming it as “paradise on earth”, and promising to safeguard their rights in a desperate attempt to kick-start the dormant tourism sector in the region.   In a joint statement, Syed Ali…

12/07/2016

Tourism promoting mechanism to be made effective: Minister Shahi

Kathmandu, Dec. 6: Minister for Culture, Tourism and Civil Aviation Jeevan Bahadur Shahi has stressed on making the coordination mechanism prompt and effective among the ministries and departments under them to promote tourism. In an interaction with journalists covering tourism beat at Nepal Tourism Board today, Minister Shahi said tourism…

12/06/2016

Valley won't face power cut till mid-Jan: NEA

KATHMANDU, Dec. 5: Nepal Electricity Authority (NEA) has said that it won't impose power cut in the Kathmandu Valley at least till the end of Poush (mid-January).The power utility had lifted power cut in the capital city in the first week of November as part of its plan to eradicate load-shedding…

12/05/2016

Asian shares, oil fall ahead of US job data, Italian vote

HONG KONG, Dec. 2: Asian stocks slipped and oil's rally fizzled Friday as wary investors awaited U.S. jobs data and Italy's referendum on constitutional reform. KEEPING SCORE: Japan's Nikkei 225 index shed 0.5 percent to 18,426.08 and South Korea's Kospi lost 0.7 percent to 1,970.61. Hong Kong's Hang Seng retreated…

12/02/2016

Narendra Modi plans to move government purchases online

New Delhi, Dec. 2: Prime Minister of India Narendra Modi’s ambitious plan to move all government purchases from paper clips to power plant turbines to an online marketplace called “Government e-Marketplace, or GeM”, similar to Flipkart or Amazon could eventually be worth a fifth of the country’s $2 trillion economy. The…

12/02/2016

Salakpur oranges feature in Kolkata Himalayan Orange Festival

Ilam, Dec. 1: Oranges produced in Salakpur of Ilam have been featured in the third Himalayan Orange Tourism Festival kicked off in Kolkata of India from today. The three-day festival is organised by Himalayan Orange Tourism Council.  A cultural team also comprising seven farmers earlier reached Kolkata in connection to…

12/01/2016

Bhadaure Panchase festival on December fourth week

Pokhara, Dec. 1: The Tamu-Lhosar Bhadaure Panchase festival is to be organized in Bhadaure Tamagi VDC of Kaski from December fourth week. Bhadaure Club is organizing the entire programme. Various sports events and cultural programme would be organized in the festival taking place on December 20-25, said Club Chairperson Jeevan…

12/01/2016

Sanima Bank Award to journo duo

KATHMANDU, Nov. 30: The Press Council of Nepal (PCN)-Sanima Bank National Journalism Award Selection Committee has decided to fête journalists duo Sanjaya Neupane and Karna Bohara posthumously. The National Journalism Award carries a cash prize of Rs 500,000. The families of the deceased journalists will be receiving the award amid…

11/30/2016

Agriculture policy a failure: MP Kafle

Jumla, Nov. 29: Member of Parliament (MP), Dilli Prasad Kafle, has blamed foreign support as the reason for the failure of Nepal's agriculture policy. At an interaction on sustainable agriculture development organized by an NGO here, the lawmaker claimed that Nepal's agro development strategy has failed. Lawmaker Kafle, who is…

11/29/2016

Fishery policy to be activated soon, says Agriculture Minister

Kathmandu, Nov. 28: Minister for Agricultural Development, Gauri Shankar Chaudhari has expressed the government's determination to activate the Fishery Policy that has been shelved for long time.  The Minister said this while addressing the concluding programme of the Third Fish Festival organised by Nepal Fishery Entrepreneurs Association held at the…

11/28/2016

Medium irrigation project of Rs 110 million on progress

Bhadrapur, Nov. 26: Around 80 per cent of the construction works of the Kisne Stream Embankment Irrigation Scheme based in Gauradaha VDC of Jhapa is almost over. The scheme which comes under the Medium Irrigation Project has the target to provide irrigation service to 1,422 Bighas paddy field of wards…

11/26/2016

PACT signs 45 grant pacts in eastern Nepal

KATHMANDU, Nov. 25: The Project for Agriculture Commercialisation and Trade (PACT) on Thursday signed grant agreements with as many as 45 agricultural entrepreneurs of the Eastern Development Region. A total of Rs 490 million would now be invested for the agricultural commercialisation including Rs 310 million from the donor organisations,…

11/25/2016

Karnali Expo in Surkhet from Dec. 8

Kathmandu, Nov. 24: Karnali Expo-2016 is going to be organised at Birendranagar in Surkhet district from December 8. At a news conference organised here on Wednesday, it was informed that entrepreneurs of India, Pakistan and Bangladesh will participate in the expo. Four hundred stalls of Nepal and 30 stalls of…

11/24/2016

Patanjali to create 10,000 jobs in Nepal

Kathmandu, Nov. 23: Yoga Guru Ramdev Tuesday announced that Patanjali would create about 10,000 jobs in Nepal and not expatriate its profits to his country. Speaking at the welcome programme organised by the Federation of Nepalese Chambers and Commerce (FNCCI), the yoga guru announced to raise investment in Patanjali Ayurved…

11/23/2016

BJP Parliamentary meet: Demonetization not end but beginning of struggle against black money, PM Modi says

NEW DELHI, Nov. 22: Demonetisation of high denomination notes "is not the end but the beginning of our deep and continuous struggle against black money", Prime Minister of India Narendra Modisaid today addressing a BJP Parliamentary meet, PTI reported." The decision+ was taken to help the poor," the PM told BJP MPs.The BJP Parliamentary meet today passed…

11/22/2016

14th Handicraft Fair from Nov 23

Kathmandu, Nov. 20: Federation of Handicraft Associations of Nepal is going to organise 14th Handicraft Fair from November 23.  The five-day fair is to be organised at Bhrikutimandap, Kathmandu, under the slogan 'Handicraft: Possibility of Prosperity'. At a news conference organised here today, Federation Chairman Dharma Ratna Shakya shared the…

11/20/2016

Farmers urge govt to fix sugarcane price

Nawalparasi, Nov. 20: Sugarcane farmers in Nawalparasi district have demanded the government to fix the price of sugarcane. They demanded to fix per quintal of sugarcane at Rs 561, saying the government has not fixed the sugarcane price even after sugarcane crushing has already been started by the sugar industries.…

11/20/2016

Remittance growth slows to 3.2 percent

KATHMANDU, Nov. 19: Remittances inflow grew by only 3.2 percent in the first quarter of the Fiscal Year 2016/17 compared to 24 percent growth rate in the corresponding period of the last fiscal year.The 'Current Macroeconomic and Financial Situation of Nepal (Based on Three Months' Data of 2016/17)' released by…

11/19/2016

Finance committee directs govt to ease Indian currency exchange process

Kathmandu, Nov. 17: The meeting of the Finance Committee under the Legislature-Parliament today has directed the government to ease the exchange of Indian currency notes of 500 and 1,000.  The meeting has directed the Ministry of Finance and Nepal Rastra Bank in this connection. The committee President Praskash Jwala has…

11/17/2016

Shah elected to the helm of NBA

KATHMANDU, Nov. 17: The 30th annual general meeting of Nepal Bankers’ Association (NBA) — the umbrella organisation of commercial banks in the country — held here today has elected Anil Keshary Shah, the CEO of Mega Bank, as its president. Similarly, Gyanendra Dhungana, CEO of Nepal Bangladesh Bank, has been…

11/17/2016

SAARC CCI signs MoU with SDF

KATHMANDU, Nov. 16: Suraj Vaidya, president of SAARC Chamber of Commerce and Industry (SAARC CCI), has signed a memorandum of understanding (MoU) with Sunil Motiwal, CEO of SAARC Development Fund (SDF), during the SAARC CCI roundtable conference on ‘Energising SAARC: Creating Synergies’ in collaboration with the Federation of Nepalese Chambers…

11/16/2016

Modi's decision 'bold': Chinese media

BEIJING, Nov. 14: Terming Indian Prime Minister Narendra Modi's decision todemonetise high value currency notes+ as "startling and bold", Chinese official media has said it is "far from enough" and India may "look at ideas" from China's crackdown against corruption which has shown "efficiency".Modi in "a startling and sudden move" demonetised Rs…

11/14/2016

Post demonetisation, PM Modi warns of more action against black money

KOBE (JAPAN)/NEW DELHI: Nov. 13: Acknowledging the hardship being faced by people in India post the demonetisation of Rs 500 and Rs 1,000 currency notes, Indian Prime Minister Narendra Modi on Saturday said the government will go through all personal records since Independence, if required, on the issue of black money and no violator would be…

11/13/2016

Modi calls for greater participation of Japanese industries

  KOBE(JAPAN), Nov. 12: Indian Prime Minister Narendra Modi on Saturday called for greater participation and engagement of Japanese industries, saying it will benefit Japan and India’s Micro, Small and Medium Enterprises (MSME) sector for which it could prove “transformational”.       Mr. Modi recalled his association with Hyogo Prefecture…

11/12/2016

Pakistan won't be able to copy new notes: Intelligence agencies

NEW DELHI, Nov. 10: Intelligence agencies of India vetted the new denominations of Rs 2,000 and Rs 500 notes asserting that its security features will be next to impossible to replicate for Pakistan and organised criminal networks for some time to come.A top government official without going into the details,…

11/10/2016

Indian Rs. 500, Rs. 1000 currency notes to be out of circulation from midnight Tuesday

NEW DELHI, Nov. 9: Indian Five hundred and 1,000 rupee notes will cease to be legal tender from midnight on Tuesday, Prime Minister of India Narendra Modi announced in a surprise address to the nation. He said the decision was taken to root out the menace of black money and corruption.…

11/09/2016

Nepal eligible for MCC fund

Kathmandu, Nov. 5: Nepal has passed 16 out of 20 indicators on U.S. Millennium Challenge Corporation’s Scorecard, and thus become eligible for receiving MCC fund. The U.S. Government’s Millennium Challenge Corporation (MCC) released its fiscal year 2017 scorecards this week – a key component in the agency’s annual competitive selection…

11/05/2016

Despite efforts, India moves up only one place on ease of doing business rankings

NEW DELHI, (INDIA), Oct. 26: India moved up only one position in the International Finance Corporation's (IFC) ease of doing business rankings, triggering a strong reaction from the Indian government which said the string of reform initiatives undertaken by it in the last one year had not been factored in by the World Bank arm. The…

10/26/2016

Essar-Rosneft deal not violative of sanctions: U.S.

WASHINGTON, Oct. 20: The United States does not see violation of any U.S.-EU sanctions in the recent deal between India’s Essar Oil and the Russian oil giant Rosneft, in which the Russian government has a majority stake. “I don’t think we see any violation of any U.S.-EU sanctions stemming from this…

10/20/2016

Parliamentary committee directs govt to present casino regulations bill

Kathmandu, Sept 30: The Social Justice and Human Rights Committee under the Legislature-Parliament today has directed the government to bring the then enterpriser of Nepal Recreation Centre under the ambit of law. The centre was accused of not paying the tax to government and not providing the salary to the…

09/30/2016


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Tokyo (Japan), Sept. 13: A new leadership assumed responsibilities at the Non Resident Nepalese Association (NRNA), Japan on Sunday. The new office bearers took oath of office and secrecy after a long fought battle resulting from dissatisfaction from those who…

Lama led officials assume responsibility in NRNA Japan