NEWS

Foreign trade down by 18 percent
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November 10: During the first two months of the current fiscal year, foreign trade in Nepal has decreased by 18 percent in comparison to the same period in the previous year. Both import and export have decreased during the period. The ongoing protest in Terai and the unofficial blockade imposed by India have hampered both domestic and international trade. In the first two months of the current fiscal year, total export and total import have decreased by 17.3 percent and 18.1 percent, respectively. Import of petroleum products that occupies 16 percent of total import has also decreased by 45 percent during the…

Domestic air flight fare increases two fold
Domestic air flight fare increases two fold
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November 9: The Nepal Oil Corporation (NOC) has increased the fare of domestic air flights by almost two fold in the wake of the acute shortage of Aviation Turbine Fuel (ATF). The decision to hike domestic flights fare will be effective from Tuesday as the ATF price has also surged as NOC is forced to transport the aviation fuel from air route in the backdrop of the continuing Indian government's undeclared blockade at the border. The existing rate of ATF per litre which stood at Rs 118 has now climbed almost two fold to be traded at Rs 233, said NOC. A meeting of the Airlines Operators' Association of Nepal took the decision to hike the fare following the increment in the fuel price, Simrik Air's Marketing Manager Prajwal Thapa told National News Agency (RSS). NOC has said the fare of domestic air flights…

NOC says it's run out of stock, appeals all to not queue up for fuel
NOC says it's run out of stock, appeals all to not queue up for fuel
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November 9: The Nepal Oil Corporation (NOC) has said that it would not be able to distribute fuel for the moment, as it has run out of stock, while imports from India have come to a halt since the past five days.…

Finance Minister and private sector discuss unannounced blockade

November 8: Minister for Finance Bishnu Prasad Poudel on Sunday held a discussion with private sector on the unannounced blockade and its consequences. In the discussion, the office-bearers of the Federation of Nepalese Chambers of Commerce and Industry, Confederation of Nepali Industries and Nepal Chamber of Commerce stressed that the Finance Ministry should take lead role in removing the unofficial blockade and enable an environment to resume industrial operation in the…

Home Ministry says Deusi, Bhailo only up to 10 pm
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November 8: The Ministry of Home Affairs has appealed to all to organize cultural programmes like deusi and bhailo on the occasion of the Tihar festival only up to 10 pm. A press release issued today by the Home Ministry spokesman Laxmi Prasad Dhakal states that the public has been requested to organise the deusi and bhailo only up to 10 at night in view of security as people involved in untoward activities during the night time might disturb the law and…

Flights reduced due to fuel shortage
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November 8: Private airlines companies of the country have cut down more than 75 per cent of air flights due to the fuel shortage. The private sector airlines companies reduced flights as the Nepal Airlines Corporation failed to supply fuel from Kolkata,…

Chamber delegation urges PM to create industry-friendly atmosphere

November 7: A delegation of Nepal Chambers of Commerce on Saturday called on Prime Minister KP Sharma Oli and urged him to create an atmosphere conducive for operating industries by solving the problems facing the country soon. The delegation led by Chamber President Rajeshkaji Shrestha said he continuous obstruction of supplies on Nepal-India border have caused problems in running business. He urged the PM to bring the programmes of reliefs to control capital…

Medical Association worries over medicine shortage
Medical Association worries over medicine shortage
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November 7: Nepal Medical Association (NMA) on Saturday expressed concern towards the difficulties emerging in extremely sensitive areas including the medical sector in the backdrop of severe shortage of fuel products due to the agitation and Indian government's undeclared blockade. "The treatment of common Nepali people has been difficult due to the shortage of essential medicines in medical institutions across the country," NMA General Secretary Mukti Ram Shrestha said in a statement adding, "NMA expresses deep concern over the failure to provide essential medicines to patients due to the limited amount of medicines in health…

 Tourism Minister pledges efforts to enlist Dolakha's temple as world heritage site

November 7: Minister for Culture, Tourism and Civil Aviation Ananda Prasad Pokharel on Saturday pledged to make efforts to enlist the renowned Bhimeshwor temple of the district as a UNESCO World Heritage site in order to boost tourism. At a farewell ceremony organized by Regional Hotel Association in district headquarters of Charikot, Minister Pokharel said if the government could succeed in its bid to enlist the temple as a world heritage site it would attract more foreign tourists to…

VW recalls 92,000 cars in US; power-assisted brakes can fail
VW recalls 92,000 cars in US; power-assisted brakes can fail
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November 05: Volkswagen is recalling nearly 92,000 cars in the U.S. to fix mechanical problems that can knock out the power-assisted brakes. The recall includes the Beetle, Golf, Jetta and Passat models from 2015 and 2016. The cars have 1.8-liter and 2-liter turbocharged four-cylinder gasoline engines.The German automaker says a part in the camshaft can shear off, causing loss of vacuum in the power brakes. That can lengthen stopping distance and possibly cause a crash. The engines also will go into a reduced power mode to avoid further…

Nepal is beautiful and safe, recommend foreign tourists
Nepal is beautiful and safe, recommend foreign tourists
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November 4: The tourists visiting Nepal in the aftermath of the massive earthquake have opined that Nepal’s pristine beauty has remained intact while the tourist destinations are safe for travel. Australian photographer Beniji Santa Maria during his visit to tourist destinations found that they were safer for travel. He travelled for a week at the Ghandruk Himalayan area at the world famous Annapurna Trekking route and also visited major destinations inside Pokhara, Bhaktapur and…

Private vehicles to get fuel
Private vehicles to get fuel
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November 2: The Nepal Oil Corporation (NOC) has decided to distribute petrol to private vehicles based on lot system. The petrol will be distributed for three days starting November 5, Thursday.The fuel will be distributed through 50 petrol pumps.The NOC is distributing the fuel from its previous stock. The NOC will conduct quality and standard test before distributing the Chinese…

India's blockade should be converted into opportunity: Governor
India's blockade should be converted into opportunity: Governor
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November 2: Governor of Nepal Rastra Bank Dr Chiranjivi Nepal has urged one and all to change the blockade imposed by India as an opportunity for nation building. Governor Nepal made this statement while inaugurating the Kushma Bazaar-based Janasebi Micro…

Aid to rebuild earthquake-devastated school
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November 2: Nepali people residing in France have aided Rs 100,000 for the reconstruction of a school building devastated by earthquake in Chitwan. They collected and sent Rs 104,000 for the reconstruction of a building of Dungwang Primary School at Syamrang in Lothar – the distant mountainous VDC of the district. The assistance was collected under the coordination of Kishor Acharya, a representative of the Campaign 'Hamile Nagare Kasle Garne (We else will do if not we?)' for France. Acharya handed over the amount to Chairperson of the Campaign Rajesh Ghimire. Acharya shared that French nationals had also joined the campaign to raise fund for the rebuilding of quake-torn schools. RSS…

Pandit is 'Mountain Adventure Sports National Hero'
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November 1: The National Sports Council has honoured the record-holder world mountaineer and ultra marathon runner Sanjaya Pandit with the title, 'Mountain Adventure Sports National Hero'. NSC Member Secretary Keshab Kumar Bista today honoured Pandit with 25 thousand rupees and a copper plaque on behalf the…