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Over 2,000 individuals and firms blacklisted last month, banks’ provisioning amount also hit over Rs 126 billion
Published On: December 25, 2022 08:45 AM NPT By: RAJESH KHANAL
KATHMANDU, Dec 25: Cases of defaulting bank loans have increased by a notable number in recent days after the borrowers failed to pay back their dues on time. This has led to a significant rise in provisioning of banks.
Dordi Corridor helps add around 73 MW of electricity to the national grid
Published On: December 24, 2022 07:16 PM NPT By: Republica
KATHMANDU, Dec 24: The Dordi Corridor has helped add a total of 72.84 MW of electricity to the national grid after a 132 kV double circuit transmission line came into operation.
Nepse index plunged 15.29 points and shares investors lost Rs 21 billion last week
Published On: December 24, 2022 04:35 PM NPT By: Republica
KATHMANDU, Dec 24: Nepal Stock Exchange (Nepse) declined 15.29 points, while shares investors lost Rs 21 billion from the secondary market last week.
MDMS system to be fully implemented from December 30
Published On: December 24, 2022 01:30 PM NPT By: Republica
KATHMANDU, Dec 24: The Nepal Telecommunication Authority has announced that the Mobile Device Management System (MDMS) will be fully implemented from December 30. The NTA issued a notification on Saturday and called for registration of mobile phones within December 30.
Construction process of semi-reservoir Kimathanka Arun Hydropower Project begins
Published On: December 24, 2022 01:00 PM NPT By: Republica
KATHMANDU, Dec 24: The construction process to build Kimathanka Arun Hydroelectricity Project has begun.
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Airline companies making business plan for Pokhara Regional Int’l Airport
Published On: December 23, 2022 03:15 PM NPT By: Santosh Pokharel
POKHARA, Dec 23: Pokhara Regional International Airport will officially come into operation on January 1, the first day of the English New Year 2023. As preparation for the operation of the airport, private sector airline companies Buddha Air and Yeti Airlines landed their ATR-72 aircraft at Pokhara Regional International Airport for the first time on Thursday. The aircraft also conducted test flights. The residents expressed their happiness saying that this has fulfilled a four-decade-long dream of operating an international-level airport in Pokhara . The airline companies say that they are preparing for commercial flights after the demo flights on Thursday.
Hetauda cement factory resumes operation
Published On: December 23, 2022 02:30 PM NPT By: Republica
MAKWANPUR, Dec 23: Hetauda cement factory that was closed down for around one month has resumed operations. The factory stopped after its pre filter fan and electric motor broke down, said the factory’s Deputy General Manager Nabin Kumar Karna, adding that it resumed operation from Thursday after a repair.
Gold price decreases by Rs 1,200 per tola
Published On: December 23, 2022 11:47 AM NPT By: Republica
KATHMANDU, Dec 23: The price of gold has decreased by Rs 1,200 per tola (11.66 grams) in the domestic market today.
India lifts ban on wheat export to Nepal
Published On: December 23, 2022 11:00 AM NPT By: Republica
KATHMANDU, Dec 23: India has lifted the ban it had enforced on export of wheat to Nepal some five months ago. On Thursday, India issued a permission to import 50,000 tons of wheat.
Govt unveils a new Strategic Action Plan for Visit Nepal Decade
Published On: December 23, 2022 10:30 AM NPT By: Republica
KATHMANDU, Dec 23: The government has prepared the Strategic Action Plan for Visit Nepal Decade (2023-2032) with a target to bring in 3.5 million tourists and create 1 million additional jobs in the country’s tourism industry.
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