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Chilime-Trishuli transmission line construction deadline set for mid-January 2024
Published On: September 24, 2023 07:30 PM NPT By: Republica
KATHMANDU, Sept 24: A deadline has been set for the completion of the construction of the Chilime-Trishuli 220 kV transmission line and substations by mid-January next year. The Chilime-Trishuli 220 kV transmission line project is aimed at supplying electricity to the hydropower projects both under construction and planned along the Trishuli River and its tributaries.
Nepse drops 19.42 points, while daily turnover falls to Rs 2.326 billion on Sunday
Published On: September 24, 2023 06:52 PM NPT By: Republica
KATHMANDU, Sept 24: Nepal Stock Exchange (Nepse) on Sunday plunged 19.42 points to close at 2,010.35 points.
Biratnagar Customs Office fails to meet revenue target, collects only 56.81 percent
Published On: September 24, 2023 06:23 PM NPT By: Binod Subedi
BIRATNAGAR, Sept 24: The Biratnagar Customs Office has reported a revenue collection of just 56.81 percent of the target for the month of August in the fiscal year 2023/24, falling significantly short of the target.
NRB issues silver medallion coins
Published On: September 24, 2023 05:50 PM NPT By: Republica
KATHMANDU, Sept 24: Nepal Rastra Bank (NRB)’s Mint Division has introduced silver medallion coins featuring the image of a 'cow'. NRB governor Maha Prasad Adhikari released the coins amidst a program at the division office in Babarmahal on Sunday.
CNI, CCPIT reach understanding to form Nepal-China Business Council
Published On: September 24, 2023 05:05 PM NPT By: Republica
KATHMANDU, Sept 24: The Confederation of Nepalese Industries (CNI) and the China Council for Promotion of International Trade (CCPIT) have reached an understanding to establish Nepal-China Business Council, aimed at promoting bilateral investment and business cooperation.
ADB approves $100 million concessional loan to enhance financial management in Nepal
Published On: September 24, 2023 02:00 PM NPT By: Republica
KATHMANDU, Sept 24: The Asian Development Bank (ADB) has given the green light for a concessional loan of $100 million (equivalent to 13.29 billion Nepalese rupees) aimed at bolstering Nepal's financial management.
Nepal receives FDI commitments of Rs 18 billion in first two months of FY 2023/24
Published On: September 24, 2023 01:00 PM NPT By: Republica
KATHMANDU, Sept 24: Despite ongoing challenges in the domestic economy, Nepal is witnessing a positive trend in foreign investment commitments. In the first two months of the current fiscal year 2023/24, spanning from mid-July to mid-September (Shrawan and Bhadra), the Department of Industries has recorded foreign investment commitments amounting to approximately Rs 18 billion.
Apple production declines in Dhorpatan area
Published On: September 24, 2023 12:00 PM NPT By: RSS
GALKOT (BAGLUNG), Sept 24: Jumbahadur Budhathoki Magar, 73, from Nisikhola Rural Municipality-5 of Baglung district has an apple orchard with 200 trees of both local and Italian species. He had sold 15 quintals of apples last year, but the production slumped this time.
Petrol smuggling via tankers in attempt to bypass customs
Published On: September 24, 2023 11:30 AM NPT By: Upendra Yadav
BARA, Sept 24: Allegations of customs evasion in the transportation of petrol from India to Nepal have surfaced, with a recent incident shedding light on the issue. A case of customs evasion was uncovered involving a tanker carrying petrol from the Indian Oil Corporation's (IOC) Barauni refinery to the Nepal Oil Corporation's (NOC) Amlekhganj depot.
Gold price increases by Rs 100 per tola
Published On: September 24, 2023 11:06 AM NPT By: Republica
KATHMANDU, Sept 24: There has been a rise in the price of gold by Rs 100 per tola in the domestic market today.
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