NEWS

Hyatt Hotel to Remain Closed Until June 30
Hyatt Hotel to Remain Closed Until June 30
  0   1 minutes 36 seconds to read

April 20: Hyatt Regency Hotel has decided to halt all of its services until June due to the coronavirus pandemic and the lockdown imposed by the government.…

Agrawal Remanded in Custody for 10 More Days
Agrawal Remanded in Custody for 10 More Days
  0   1 minutes 11 seconds to read

April 20: District Administration Office, Kathmandu has remanded the operator of Shankar Group, Shulav Agrawal, in custody for 10 days.…

BFIs Refuse to Follow Government Directive
BFIs Refuse to Follow Government Directive
  0   2 minutes 34 seconds to read

April 19: Entrepreneurs have complained that the banks and financial institutions (BFIs) have not followed the government directives to provide loan renewal facility under the relief package announced to support the sectors affected by coronavirus.…

Nations Debate Easing Lockdown as Economic Hardship Grows
Nations Debate Easing Lockdown as Economic Hardship Grows
  0   3 minutes 57 seconds to read

April 19: Facing rising unemployment and with many of their citizens struggling to make ends meet, governments around the world are wrestling with when and how to ease the restrictions designed to control the coronavirus pandemic, the Associated Press (AP)…

No Penalty on Electricity Tariffs if Dues Cleared by May 20
No Penalty on Electricity Tariffs if Dues Cleared by May 20
  0   1 minutes 10 seconds to read

April 19: The government has said that no one will be obliged to pay penalty on electricity tariffs if the consumers clear the dues of previous three months by May 20.…

One More Tests Positive in Udayapur
One More Tests Positive in Udayapur
  0   51 seconds to read

April 19: The number of people infected with COVID-19 has reached 31 in…

Hotel Industry Faces Loss of Rs 9 Billion
Hotel Industry Faces Loss of Rs 9 Billion
  0   4 minutes 31 seconds to read

April 17: The hotel industry of Nepal of Nepal has recorded loss of more than Rs 9 billion in the last three months due to the coronavirus pandemic.…

Lockdown Prevents 2 Companies from Issuing IPOs
Lockdown Prevents 2 Companies from Issuing IPOs
  0   1 minutes 45 seconds to read

April 17: Two companies that had acquired permission to issue the Initial Public Offering (IPO) have not been able to issue them due to the extension of the lockdown imposed to contain the spread of coronavirus.…

No Case Filed against Sulav Agarwal at DAO yet
No Case Filed against Sulav Agarwal at DAO yet
  0   1 minutes 40 seconds to read

April 17: No case has yet been filed against Sulav Agrawal, director of Shankar Group, even though he was arrested more than a week ago for misusing his diplomatic number plate car for black marketing of infrared…

NAC Aircraft with Medical Supplies Arrive from Guangzhou
NAC Aircraft with Medical Supplies Arrive from Guangzhou
  0   51 seconds to read

April 17: Two wide-body A-330 aircraft of Nepal Airlines Corporation have landed in Kathmandu with essential medical supplies for the fight against COVID-19.…

IMF Warns of “Great Recession”
IMF Warns of “Great Recession”
  0   3 minutes 50 seconds to read

April 16: The International Monetary Fund (IMF) has warned of great recession in a century and a dire outlook for the world economy ravaged by coronavirus in its latest…