POKHARA, Dec 28: The Civil Aviation Authority of Nepal (CAAN) has decided to ban paragliding from Sarangkot starting from January 1 after the Pokhara Regional International Airport comes into operation. Paragliding, which is one of the major attractions of Pokhara, will be allowed only from Mandredhunga, which lies about 5 km west of Sarangkot.

Gold price rises by Rs 400 per tola

Published On: December 28, 2022 12:30 PM NPT By: Republica

KATHMANDU, Dec 28: The price of gold has increased in the domestic market today.

KATHMANDU, Dec 28: The government has extended the timeline allowing banks to consider up to 80 percent of the reserve funds of local governments in their deposit for another six months, citing the liquidity crisis prevailing in the banking system.

KATHMANDU, Dec 28: A high-level team of Chinese experts arrived in Kathmandu on Tuesday to conduct a feasibility study and survey of the Kathmandu-Kerung railway with the grant from China. This comes a day after newly-elected Prime Minister Pushpa Kamal Dahal assumed office.

KATHMANDU, Dec 28: China on Tuesday permitted a notable number of Nepal’s cargo trucks carrying exportable goods to move across the border at the Rasuwagadhi-Kerung checkpoint, ending a 31-month long unannounced blockade.

KATHMANDU, Dec 27: Nepal Stock Exchange (Nepse) on Tuesday jumped up 59.87 points, while the daily turnover climbed to Rs 3.88 billion.

Gold price increases by Rs 200 per tola

Published On: December 27, 2022 10:46 AM NPT By: Republica

KATHMANDU, Dec 27: The price of gold has increased by Rs 200 in the domestic market today.

Challenges facing the new FinMin

Published On: December 27, 2022 08:45 AM NPT By: RAJESH KHANAL

KATHMANDU, Dec 27: CPN-UML Vice-chairman Bishnu Prasad Poudel, who enjoys a merry time after being appointed as the finance minister for a third time, will have an uphill battle to lift the Nepali economy, which faces a number of challenges at present.

KATHMANDU, Dec 26: Nepali traders have been paying as high as 32 percent of the actual cost of the goods for transport, transit, delivery, storage and official procedures due to lack of related infrastructure and poor government policies.

Pokharel is new acting CEO of Mega Bank

Published On: December 26, 2022 08:20 PM NPT By: Republica

KATHMANDU, Dec 26: Mega Bank Nepal Limited (MBNL) has appointed Tulsi Ram Pokharel as an acting chief executive officer.