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'Mastermind' of US$ 4 million fraud case sent to prison
Published On: March 14, 2023 08:09 PM NPT By: Republica
KATHMANDU, March 14: The Kathmandu District Court (KDC) has sent Prithvi Bahadur Shah, who is accused of being involved in suspicious financial transactions amounting to over Rs 400 million, to judicial custody.
Nepse inches up 1.85 points, daily turnover declines further to Rs 1.13 billion on Tuesday
Published On: March 14, 2023 05:55 PM NPT By: Republica
KATHMANDU, March 14: Nepal Stock Exchange (Nepse) on Tuesday increased marginally by 1.85 points to close at 1,953.06 points.
Smugglers have a ball in Birgunj: Smuggled goods enter Nepal in trucks and tractors
Published On: March 14, 2023 05:20 PM NPT By: Upendra Yadav and Mithilesh Yadav
JANAKPURDHAM/ BARA, March 14: On March 12, the police seized goods that had been smuggled in from Birgunj Metropolitan Municipality-16, Inaruwa. According to the Parsa Police, the goods include different types of clothes worth Rs 0.2 million imported from India by evading the customs duty and the goods were handed over to the Birgunj Customs on March 13 for further action.
Banks and financial institutions lower interest rates
Published On: March 14, 2023 03:45 PM NPT By: Republica
KATHMANDU, March 14: Commercial and development banks and financial institutions have lowered their interest rates with effect from Wednesday.
Revenue collection short of target by Rs 80 billion
Published On: March 14, 2023 02:30 PM NPT By: Himal Lamsal
KATHMANDU, March 14: The government has not been able to meet the revenue collection target of the first six months of the current financial year even in eight months. By the end of eight months of the current financial year, there is a huge gap between the targeted revenue collection and actual collection.
Separate desk for registering foreign investment companies set up
Published On: March 14, 2023 11:28 AM NPT By: Republica
March 14: The Office of the Company Registrar has set up a separate desk responsible for registering foreign companies that have direct investment in the country. The desk has come into operation since last week.
Price of gold up again
Published On: March 14, 2023 11:23 AM NPT By: Republica
KATHMANDU, March 14: The price of gold has increased in Nepal’s domestic market. According to the Federation of Nepal Gold and Silver Dealers Association, the price of the precious yellow metal has increased by Rs 600 per tola (11.66 grams approx).
Pokhara-Jomsom flights resume, Summit and Tara air conduct nine flights a day
Published On: March 14, 2023 09:15 AM NPT By: Republica
KATHMANDU, March 13: With the end of the winter season, Pokhara-Jomsom regular flight has started. Jashoda Subedi, Head of Airport Operations, said that Summit and Tara Air have nine daily flights from this airport, which is undergoing stall operation from the old airport.
Govt curtails grants on chemical fertilizers being provided to farmers; agro inputs to be expensive by up to Rs 11 per kg
Published On: March 14, 2023 08:30 AM NPT By: Republica
KATHMANDU, March 14: The government has cut the grant amounts being provided to farmers for the purchase of chemical fertilizers, which will hit farmers hard with expensive agricultural inputs.
Nepali and Chinese industrialists meet to explore new business opportunities in Nepal
Published On: March 14, 2023 08:20 AM NPT By: Republica
KATHMANDU, March 13: The meeting of industrialists and businessmen of Nepal and China has been held after four years.
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