KATHMANDU: President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Chandra Prasad Dhakal, has emphasized the immense investment potential in Nepal, urging the OPEC Fund for International Development (the OPEC Fund) to expand its investments in the…
KATHMANDU: Deputy Prime Minister and Minister for Foreign Affairs Narayan Kaji Shrestha has said that regular talks are ongoing to repatriate Nepalis serving the Russian…
KATHMANDU: The 16th Meeting of the Diplomatic Consultation Mechanism (DCM) between the Ministries of Foreign Affairs of Nepal and China reviewed the whole gamut of bilateral relations between the two countries and assessed the progress made in the implementation of agreements and Memorandum of Understanding (MoUs) signed and the decisions made in the…
The Nepal Stock Exchange (NEPSE) Index experienced a modest increase of 0.27% , rising by 5.60 points to close at 2,071.77 on the third trading day of the week on…
KATHMANDU: Deputy Prime Minister and Home Minister Rabi Lamichhane has announced the initiation of an investigation into allegations of illegal purchase and sale of land acquired by Patanjali Yogpeeth under land-ceiling…
KATHMANDU: The Nepal Quality Council has endorsed the assessment procedures for various types of textiles and also fixed the Nepal Quality Standard for safe lead.…
KATHMANDU: Most of the metropolitan cities in the country have increased their budgets for the next fiscal year (FY) 2081/82 compared to the current year.…
KATHMANDU: The government has decided to approve grants and soft loans from the World Bank and other donor…
KATHMANDU: The Melamchi Water Supply Board has suspended the water supply from the Melamchi River in Sindhupalchowk to the Kathmandu Valley from…
KATHMANDU: Minister for Labour, Employment, and Social Security, Dol Prasad Aryal, has announced that the government is preparing to implement the Returnee Entrepreneurship Programme to create employment opportunities for returnee migrant workers within the…
KATHMANDU: The construction of the Bahrabise substation, which is crucial for connecting Sindhupalchok and surrounding districts to the national power grid, has been…
KATHMANDU: The Commission for the Investigation of Abuse of Authority (CIAA) has filed a case against Chief Secretary Dr Baikuntha Aryal and 11 employees for their alleged involvement in corruption in a procurement deal related to printing of excise duty…
Trade Flourishing at Northern Border Points KATHMANDU: The Tatopani border with China is witnessing increased activities. Hoteliers in Sindhupalchok, who were shaken by the earthquake and COVID-19, feel relieved by the hustle and bustle of importers busy in importing Chinese goods and transporting them to Kathmandu. After the devastating earthquake in 2015, this border was completely closed for 4 and a half years. It reopened in May 2019 but was closed again in March 2020 due to the COVID-19 pandemic. Shiv Prasad Nepal, who runs a hotel business in Tatopani, says, "We had to wait until April last year to fully operate the border again. As a result, many businesses, including hotels in the border area, were in crisis. Since last year, business has gradually improved with increased traffic at the border." According…
KATHMANDU: The prices of gold and silver have decreased in the domestic market on…
KATHMANDU: Almost half of the hydropower companies listed on the Nepal Stock Exchange (NEPSE) are reporting losses in the third quarter of the current fiscal…
