NEWS

NA Aircraft Grounded at Rara Airport
NA Aircraft Grounded at Rara Airport
  0   52 seconds to read

A twin otter plane of Nepal Airlines (NA), which was scheduled to fly to Nepalgunj from Mugu on Sunday has been grounded at Rara Airport,…

NEPSE Drops 7.29 Points to Close at 1851.23
NEPSE Drops 7.29 Points to Close at 1851.23
  0   1 minutes 54 seconds to read

The Nepal Stock Exchange(NEPSE) dropped 7.29 points or 0.39% and continued its downward trend, closing at 1851.23 on the first trading day of the week on…

Ncell Selling Shares Purchased for Rs 143 billion at Throw-Away Price of Rs 6 Raises Suspicion

December 3: Malaysia's telecommunication conglomerate Axiata Group, which bought Ncell's shares for USD 1.38 billion (about NPR 143 billion) in 2016, sold its shares seven years later at a throw-away price of USD 50 million (about Rs 6.68 billion according to Friday’s exchange rate), raising quite a few…

Over 900,000 Tourists Visit Nepal in 11 Months
Over 900,000 Tourists Visit Nepal in 11 Months
  0   7 minutes 10 seconds to read

December 3: The government is likely to achieve its goal of welcoming one million tourists into the country in the current fiscal…

Possibility of Light Snowfall Today   
Possibility of Light Snowfall Today   
  0   1 minutes 17 seconds to read

December 3: The weather today (Sunday) is generally clear in the hill areas of Koshi and Gandaki provinces, with partial effect of the Westerly winds in the…

Himalayan Airlines Commences Direct Flight to Shanghai
Himalayan Airlines Commences Direct Flight to Shanghai
  0   2 minutes 2 seconds to read

Himalaya Airlines has commenced regular flights to the city of Shanghai, China, starting from December 2. A Himalaya Airlines aircraft, carrying 137 passengers, took off from Tribhuvan International Airport at 9:20 AM, destined for Shanghai. The same aircraft is scheduled to land at Kathmandu's airport at 9:00 PM on the same day, carrying passengers from…

Axiata to Sell Ncell Stakes to Spectrlite UK for US$50 Million
Axiata to Sell Ncell Stakes to Spectrlite UK for US$50 Million
  0   3 minutes 2 seconds to read

December 1: Malaysian telecommunication conglomerate Axiata Group Berhad on Friday announced that it had entered into an unconditional agreement with Spectrlite UK Limited for the sale of its stakes in Ncell, its mobile service unit in…

Nepal’s Public Debt Rises to Rs 2357 Billion
Nepal’s Public Debt Rises to Rs 2357 Billion
  0   3 minutes 29 seconds to read

December 1:  The share of Nepal’s public debt is increasing compared to the gross domestic product…

IMF Executive Board Completes Third Review of Extended Credit Facility to Nepal

December 1: The Executive Board of the International Monetary Fund (IMF) completed the third review under the four‑year Extended Credit Facility (ECF) for Nepal on November 29, giving the authorities the Special Drawing Rights (SDR) equivalent to about US$ 52.25 million.…

Upper Arun Hydel Project Doles Out Rs 2.23 Billion for Land Acquisition
Upper Arun Hydel Project Doles Out Rs 2.23 Billion for Land Acquisition
  0   1 minutes 32 seconds to read

December 1: The Upper Arun Hydropower Project has distributed a total of Rs 2.23 billion in compensation for the land acquired to develop the 1,063 megawatt project at Bhotkhola Rural Municipality in Sankhuwasabha…