NOC reverses petroleum price hike

Published On: October 1, 2023 03:00 PM NPT By: Republica

KATHMANDU, Oct 1: The Nepal Oil Corporation (NOC) has rescinded its recent hike in petroleum product prices. NOC announced that the previous pricing structure will be reinstated starting tonight.

NRB issuing development bonds worth Rs 13.10 billion today

Published On: October 1, 2023 02:00 PM NPT By: Republica

KATHMANDU, Oct 1: Today, Nepal Rastra Bank (NRB) is set to issue development bonds valued at Rs 13.10 billion. The central bank has announced that it will release the 'Development Bond 2088-C,' with an eight-year maturity period.

Govt instructs NOC to withdraw price hike of petroleum products

Published On: October 1, 2023 01:31 PM NPT By: Republica

KATHMANDU, Oct 1: In a recent development, the government has rescinded the recently imposed hike in petroleum product prices.

Gold price decreases by Rs 800 per tola

Published On: October 1, 2023 12:56 PM NPT By: Republica

KATHMANDU, Oct 1: The price of gold has recorded a significant drop of Rs 800 per tola in the domestic market today.

Dispute on petro products exploration compensation resolved

Published On: October 1, 2023 09:45 AM NPT By: Republica

DAILEKH, Oct 1: A dispute that surfaced in the process of land purchase for petroleum products exploration has come to an end.

KATHMANDU, Oct 1: Prime Minister Pushpa Kamal Dahal returned home on Saturday after completing his week-long official visit to China, marking a significant diplomatic journey since he assumed office in December last year. During the visit, held at the invitation of his Chinese counterpart Li Qiang, both nations engaged in substantive discussions and negotiations covering a wide spectrum of topics encompassing politics, economics, trade, and cultural relations.

KATHMANDU, Sept 30: Nepal Oil Corporation (NOC) has hiked the price of petroleum products by a notable amount, effective from Saturday midnight.

KATHMANDU, Sept 30: The government is carrying out a minute assessment of the big development projects, aiming to take prompt action to solve any problem that could crop up in such projects.

KATHMANDU, Sept 30: The Nepal Electricity Authority (NEA) has received permission from India for the first time to sell electricity in India's Energy Exchange (IX) real-time market. Until now, NEA has been selling electricity in India’s day-ahead competitive market through a bidding process. Now on, it will be able to participate in the bidding process one hour and 15 minutes before selling the electricity in the real-time market.

KATHMANDU, Sept 30: Nepal Stock Exchange (Nepse) lost 25.48 points last week after Nepal Rastra Bank turned apathetic to revise the cap of Rs 40-120 million on bank loans against shares.