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Tila-Karnali hydropower project stalled for 12 years
Published On: January 22, 2023 09:30 AM NPT By: Republica
KALIKOT, Jan 21: The 880 MW Tila-Karnali Hydro Power, a proposed project in the Karnali region, has been gathering dust for the past 12 years due to the apathy of the developer company.
FDI commitments declined more than 43 percent in the first six months of the current FY
Published On: January 22, 2023 08:30 AM NPT By: Republica
KATHMANDU, Jan 22: The commitment for foreign direct investment (FDI) declined by 43.39 percent in the first six months of the current fiscal year compared to the same period last year.
Nepse increased by 29.42 points, while share investors gained Rs 42 billion last week
Published On: January 21, 2023 07:13 PM NPT By: Republica
KATHMANDU, Jan 21: Nepal Stock Exchange (Nepse) last week increased 29.42 points after the government took full shape with the expansion of the cabinet led by Prime Minister Pushpa Kamal Dahal.
NRNA urges govt to maintain same air fare for them as Nepali citizens
Published On: January 21, 2023 01:30 PM NPT By: Republica
KATHMANDU, Jan 21: The Non-Resident Nepali Association (NRNA) has requested the government to immediately cancel the arrangement of charging Nepalis coming from abroad the same air fare as foreigners during air travel within Nepal.
Regular flights resume nationwide
Published On: January 21, 2023 01:00 PM NPT By: Republica
KATHMANDU, Jan 21: With an improvement in the weather, all domestic and international flights have resumed from and to the Tribhuvan International Airport (TIA) in Kathmandu. Most of the flights were affected on Friday due to poor visibility and some international flights were diverted.
World Bank urged for enhanced budgetary assistance
Published On: January 21, 2023 11:00 AM NPT By: Republica
KATHMANDU, Jan 21: Deputy Prime Minister and Minister for Finance, Bishnu Prasad Poudel has urged the World Bank (WB) to increase budgetary assistance.
EU's on-site evaluation team not to travel to Nepal anytime soon
Published On: January 21, 2023 10:35 AM NPT By: Republica
KATHMANDU, Jan 21: The European Union (EU)'s team that was planning to travel to Nepal for undertaking an 'on-site evaluation' of aviation safety has put off its plan.
Tourism Minister requests India for extra air route
Published On: January 21, 2023 10:05 AM NPT By: Republica
KATHMANDU, Jan 21: Minister for Culture, Tourism and Civil Aviation, Sudan Kiranti, has requested India to provide an additional air route to Nepal.
NRB to prohibit BFIs from considering capitalized interest of moratorium period of loans in profits
Published On: January 21, 2023 09:45 AM NPT By: Republica
KATHMANDU, Jan 21: Nepal Rastra Bank (NRB) has stepped up efforts to bar banks and financial institutions (BFIs) from showing the capitalized interest during the moratorium period of outstanding loans in their profit account.
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China closes Rasuwagadhi-Kerung border in less than a month of resuming trade
Published On: January 21, 2023 08:45 AM NPT By: Republica
KATHMANDU, Jan 21: Nepal’s trade with China via the land routes has been disrupted once again with the Chinese side halting the trade through Rasuwagadhi-Kerung till February 3.
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