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Fiber breakage causes Ncell network disturbance in parts of western Nepal
Published On: December 8, 2022 05:50 PM NPT By: Republica
KATHMANDU, Dec 8: Ncell has said that its network has experienced disturbance on Thursday due to multiple optical fiber links breakage in Butwal-Bardaghat and Damuali-Abhukhaireni areas as a result of ongoing road expansion works.
Automobile dealers warn of further protests if their demands are not addressed
Published On: December 8, 2022 05:30 PM NPT By: Republica
KATHMANDU, Dec 8: The automobile dealers staged a sit-in at Maitighar Mandala on Thursday to protest against the policy adopted by the government that has hampered their business. During the protest organised by NADA Automobiles Association of Nepal, the automobile businessmen said that although the government has lifted the ban on import of vehicles, they are not in a position to sell vehicles due to the policy of the Nepal Rastra Bank.
About 3,000 youths leave Nepal every day
Published On: December 8, 2022 05:00 PM NPT By: Sabita Khadka
KATHMANDU, Dec 8: Every day, nearly 3000 young people go abroad for foreign employment, according to the Department of Foreign Employment (DoFE). The number of Nepali youths going for foreign employment has been on the rise in recent times.
Construction of transmission line connecting China in limbo
Published On: December 8, 2022 03:00 PM NPT By: Himal Lamsal
KATHMANDU, Dec 8: The Nepal Electricity Authority (NEA) exported electricity worth Rs 7.55 billion to India during the period from mid-July to November of the current financial year, but the construction work of the transmission line connecting another neighboring country, China, has been delayed for seven years. After the Indian blockade in 2015, the Nepal government proposed an international transmission line connecting to China to reduce the country’s dependence on India.
Gold price increases by Rs 400 per tola
Published On: December 8, 2022 12:14 PM NPT By: Republica
KATHMANDU, Dec 8: The price of gold has increased by Rs 400 per tola in the domestic market today.
Govt expedites works to enforce hedging guideline to attract more FDI
Published On: December 8, 2022 10:30 AM NPT By: Republica
KATHMANDU, Dec 8: The government in a bid to implement the hedging rule has asked the banks concerned to submit their business plans.
Govt decision to lift ban on the import of luxurious items fails to impress automobile dealers
Published On: December 8, 2022 09:30 AM NPT By: Republica
KATHMANDU, Dec 8: Expressing their dissatisfaction over the government’s decision to lift the ban on import of luxury items, automobiles dealers said they will continue with the protests until the import restriction policies are fully removed.
PPMO seeks clarification from eight companies for the second time
Published On: December 7, 2022 07:00 PM NPT By: Republica
KATHMANDU, Dec 7: The Public Procurement Monitoring Office (PPMO) has sought clarification from eight construction companies and suppliers for the second time due to the delay in completion of their assigned work.
Commercial banks collected deposits of Rs 11 billion last week, eased the liquidity problem a bit
Published On: December 7, 2022 06:20 PM NPT By: Republica
KATHMANDU, Dec 7: Nepali banks have started receiving some respite in their liquidity position with an increased deposit collection recently.
Nepse plunges 16.61 points while daily turnover rises to Rs 1.65 billion
Published On: December 7, 2022 04:15 PM NPT By: Republica
KATHMANDU, Dec 7: Nepal Stock Exchange (Nepse) on Wednesday plunged 16.61 points to close at 1,917.28 points.
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