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DoI opens licenses for crusher plants while issuing new guidelines
Published On: October 8, 2023 08:52 PM NPT By: Republica
KATHMANDU, Oct 8: The government has reopened the licenses for the crusher industries asking them to abide by the new guidelines.
Nepse dips 35.67 points; daily turnover increases to Rs 1.801 billion on Sunday
Published On: October 8, 2023 07:35 PM NPT By: Republica
KATHMANDU, Oct 8: Nepal Stock Exchange (Nepse) on Sunday plunged 35.67 points to close at 1,921.24 points.
Around 300 local authorities, including KMC, owe over Rs 6 billion in unpaid electricity tariffs
Published On: October 8, 2023 05:30 PM NPT By: Republica
KATHMANDU, Oct 8: Nepal Electricity Authority (NEA) has released a list of local authorities that have electricity tariff dues. The NEA has urged around 300 of the local governments to settle their unpaid street light electricity tariffs. There are a total of 753 local governments across the country.
NRB increases share mortgage loan limit to Rs 200 million
Published On: October 8, 2023 04:00 PM NPT By: Republica
KATHMANDU, Oct 8: Partially addressing the demand of stock traders, Nepal Rastra Bank (NRB) has increased the cap on share mortgage loans from Rs 120 million to Rs 200 million. Similarly, the limit for taking personal loans has been increased to Rs 150 million.
Laxmi and Sunrise Capital sign merger deal
Published On: October 8, 2023 01:17 PM NPT By: Republica
KATHMANDU, Oct 8: A merger agreement has been signed between Laxmi Capital Market and Sunrise Capital. Chairman Sumed Bhattarai of Laxmi Capital Market and Apachh Kumar Yadav, chairman of Sunrise Capital, signed the agreement.
Gold price increases by Rs 300 per tola
Published On: October 8, 2023 11:48 AM NPT By: Republica
KATHMANDU, Oct 8: Gold prices have increased by Rs 300 per tola in the domestic market on Sunday.
Birgunj Customs Office faces declining revenue collection
Published On: October 8, 2023 11:30 AM NPT By: Republica
BIRGUNJ, Oct 8: Birgunj Customs Office, a significant contributor to the national revenue, is witnessing a gradual decrease in revenue collection. This decline is causing concerns as the office typically contributes more than 43 percent of the national revenue.
Cabinet approves customs bill that proposes customs exemption for import of raw material
Published On: October 7, 2023 08:45 PM NPT By: Republica
KATHMANDU, Oct 7: The Council of Ministers has approved a new customs bill, currently in the process of being registered in parliament, that allows export industries to import industrial raw materials without paying customs duty.
Fair-price shops to run from Sunday
Published On: October 7, 2023 08:04 PM NPT By: Republica
KATHMANDU, Oct 7: The government is preparing to operate fair-price shops from Sunday to facilitate the general public during the upcoming festivals of Dashain, Tihar, and Chhath.
NRB bolsters deposit protection to Rs 500,000, boosting public confidence in banking sector
Published On: October 7, 2023 07:35 PM NPT By: Republica
KATHMANDU, Oct 7: Nepal Rastra Bank (NRB) has taken steps to bolster the safeguarding of public savings in banks and financial institutions by raising the insured amount to Rs 500,000. This significant change was introduced on Thursday when the NRB amended the integrated guidelines for the year 2079 BS.
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