NEWS

ICRA grants grade-3 for right shares of Citizen’s bank
ICRA grants grade-3 for right shares of Citizen’s bank
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March 24: ICRA Nepal has granted grade-3 for Citizen’s bank right shares. As per NRB directive and decision of 9th AGM of the bank, bank is issuing 10:5.5 right shares to its existing shareholders.…

80 percent preparations completed for Handicraft Fair
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March 24: 80 percent of preparations for the 13th Handicraft Trade Fair and 11th Craft Competition have been completed. The event which will be held on May 5- 9 in Bhrikutimandap, Kathmandu is being organized by Federation of Handicraft Association of Nepal (FHAN) with the support of Trade and Export Promotion Centre…

309 students barred from SLC exam due to attendance
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March 24: As many as 309 students in Jhapa district are barred from taking the School Leaving Certificate (SLC) Exam for failing to secure at least 75 per cent of annual school attendance.…

Prince Harry extends Nepal stay for 6 days
Prince Harry extends Nepal stay for 6 days
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March 24: British Prince Harry has decided to extend his stay in Nepal for six more days. He was scheduled to leave Nepal on Thursday. In his speech before wrapping up his official tour of Nepal, Prince Harry announced he'll be staying in the country for the next week to work on an earthquake relief project.…

Implementation of house with solar light whither
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Kathmandu, March 24: The task of installing solar light in new house has not taken any pace even though there is a government policy to encourage for the same. The solar lamp installation has been affected with less number of applications for house design approval at the office of Kathmandu Metropolitan City.…

Prime Minister to address 'Boao Forum' today
Prime Minister to address 'Boao Forum' today
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March 24: Prime Minister KP Sharma Oli who is on an official visit to China is scheduled to address the 'Boao Forum' for Asia Annual Conference-2016 on Thursday.…

March 24: Nepal Bank Limited (NBL) will be the first bank to have paid up capital of Rs. 8 billion as per NRB directive. BOD meeting of the bank held on 6 Chaitra has proposed to issue 23.74% right shares to its existing…

CF hands over transitional homes to Gorkha earthquake survivors
CF hands over transitional homes to Gorkha earthquake survivors
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March 24: Chaudhary Foundation (CF) has handed over 179 transitional homes (CG Shelters) to the survivors of the devastating earthquakes of last year in Gorkha district. The foundation has handed over the shelters to the quake survivors in Gorkha Municipality-1, 2 and…

Power generated by Api power connected to national grid
Power generated by Api power connected to national grid
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March 24: Electricity produced by Naugadh Hydropower project, operating under Api Power Company Ltd has been connected to national transmission line. A 8.5 MW project, Naugadh Hydropower started commercial production since 2 Bhadra 2072.…

Citizen’s Bank to acquire Premier Finance
Citizen’s Bank to acquire Premier Finance
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March 24: Citizen’s bank seeks final approval from NRB to acquire Premier finance on Wednesday. NRB granted intent letter to the bank to precede acquirement six months…

Cement Industry hit by power cut
Cement Industry hit by power cut
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March 24 : The Nigale Cement Factory in Dhankuta has been facing millions in losses due to the electricity shortage." A factory which had to run 24 hours operates only 10 hours a day due to the power outage," informs Dinesh Poudel , Executive Director the…

Utilisation of Chinese port may take years
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March 23: Though the hopes of end of Indian monopoly in Nepal’s transit route has risen after signing transit agreement with China on Monday, stakeholders cast doubt about utilization of Chinese port. As not only it might take years to operate, but it is much costlier in compare to India, they say.…

18 years old arrested for hacking websites
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March 23: Police have arrested an 18-year-old youth on charge of hacking various government websites using alias “Anonymous #Opnep”.…

Apple unveils small iPhone and iPad Pro
Apple unveils small iPhone and iPad Pro
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March 23 : Apple Inc, an American Multinational Technology Company, has launched small version of iPhone SE and iPad Pro amid a program organized in San Francisco on March 21. Speaking at the launch event at Company's Headquarter, Apple CEO Tim Cook…

Import quota of STC doubled up
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March 23: NOC have doubled STC gas quota to increase market share of state-owned company after border blockade. Government boosted LPG quota of NOC based on performance of state-owned company during…