Gold price rises by Rs 1,400 per tola

Published On: November 6, 2022 11:47 AM NPT By: Republica

KATHMANDU, Nov 6: The price of gold has increased in the domestic market today.

KATHMANDU, Nov 6: With the removal of 10 percent excise duty on 100 kW electric vehicles in the budget of the current financial year, the import of 100 kW vehicles has increased dramatically in a period of three months.

KATHMANDU, Nov 5: The Insurance Board (IB) has started the process to settle payment for COVID-19 insurance claims that were put on hold for a long time.

Over 17 tons of illegal sugar seized in Surkhet

Published On: November 5, 2022 05:15 PM NPT By: Govinda KC

BIRENDRANAGAR, Nov 5: The temporary police post Babai, Surkhet located in Bheri Ganga Municipality-5 has seized a large amount of sugar that was being brought evading customs tax. The truck (Bhe 1 Kha 3041) carrying illegally brought sugar was taken under control when it was heading to Surkhet from Kailai.

KATHMANDU, Nov 5: Nepal Stock Exchange (Nepse) posted gains of 63.67 points last week.

Construction of 132 kV Arunkhola Sub-station project begins

Published On: November 5, 2022 10:55 AM NPT By: Republica

NAWALPARASI EAST, Nov 5: Construction of the 132 kV Arunkhola (Dumkibas) Sub-station project has begun. Land acquisition for the project that lies at Binayi Tribeni Rural Municipality-2 in Nawalparasi East has been completed, according to the Project Chief Ranjan Nath Gurung.

Over 500,000 tourists visit Nepal in 10 months

Published On: November 5, 2022 08:55 AM NPT By: Republica

KATHMANDU, Nov 5: The arrival of foreign tourists in Nepal has gradually caught the track. In the past 10 months, around 500,000 foreign tourists visited Nepal, according to data with the Nepal Tourism Board (NTB). This is a huge increase as compared to the figure in 2020 and 2021 when the pandemic was at its peak. The COVID-19 pandemic had ruined the tourism sector.

Nepalis abroad can now apply for IPOs in Nepal

Published On: November 4, 2022 08:00 PM NPT By: Republica

KATHMANDU, Nov 4: The Securities Board of Nepal (SEBON) has implemented the 'Securities Issuance and Allotment (Sixth Amendment) Guideline, 2079 BS' with the aim of allowing the Nepalis employed abroad to enter the stock market back home. With the new Guideline in place, Nepalis who are employed abroad can easily invest in initial public offerings (IPOs).

FNCCI announces protest against high interest rate of BFIs

Published On: November 4, 2022 07:30 PM NPT By: Republica

KATHMANDU, Nov 4: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Province 1 chapter is set to start a protest stating that businesses had to be closed down due to the high interest charged by the banks and financial institutions (BFIs).

Hard Rock Café celebrates its first anniversary

Published On: November 4, 2022 06:17 PM NPT By: Republica

KATHMANDU, Nov 4: Hard Rock Café Kathmandu celebrated its first year anniversary at Sherpa Mall, Durbar Marg, on November 4. The celebration started with the red carpet event for special guests and Lakhe Dance. Then, the program continued with the tradition of smashing guitar. The event was then carries on by live musical performances by the band ‘Elements’ and Jindabaad. The event concluded with DJ session. Bernd Conrad, Director of the Operations Asia Pacif North, Malcolm Chao, Area Vice President of Asia Pacific Region, Hard Rock and Sanjib Tuladhar, owner of the café also attended the event.