IMF forecasts Nepal's economic growth rate at 4.2 percent

Published On: October 24, 2022 06:20 PM NPT By: Republica

KATHMANDU, Oct 24: The International Monetary Fund (IMF) has released a new projection of Nepal's economic growth rate of 4.2 percent in 2022.

KATHMANDU, Oct 24: Shoppers during the festivals this year have a hard time managing expenses due to rampant hikes in market prices.

Construction company selected to cut Ritthepani hill

Published On: October 24, 2022 01:30 PM NPT By: Republica

POKHARA, Oct 24: The Civil Aviation Authority of Nepal (CAAN) has selected the construction company for earthwork in Ritthepani hill and soil stabilization and other associated works at the east approach of Pokhara Regional International Airport. The Ritthepani hill is considered an obstruction in the operation of Pokhara Regional International Airport.

KATHMANDU, Oct 23: The Investment Board Nepal (IBN) has issued the survey license of the 327 MW Upper Marsyangdi-2 Hydroelectric Project (UM2HP) to Himtal Hydropower Company.

FAN welcomes govt decision to ban flower import

Published On: October 23, 2022 06:00 PM NPT By: Republica

KATHMANDU, Oct 23: The government has banned the import of flowers and flower garlands for the Tihar festival this year, giving relief to domestic florists, farmers and customers.

KATHMANDU, Oct 23: Upper Balephi ‘A’ Hydropower Project will be supplying 36 MW of electricity to the national grid from Monday.

Ban on paragliding lifted with five conditions

Published On: October 23, 2022 04:30 PM NPT By: Santosh Pokharel

POKHARA, Oct 23: Paragliding flights across the country, which were halted after a paragliding athlete died in an accident during the ninth national games, have resumed from Sunday. After the accident, the Civil Aviation Authority of Nepal (CAAN) had suspended all kinds of paragliding flights across the country indefinitely.

KATHMANDU, Oct 23: Nepal Stock Exchange (Nepse) increased by 14.35 points on Sunday, the last day of trading before Tihar, the festival of light.

171-MW Dudhkoshi-6 Hydroelectricity Project to be built in Solu

Published On: October 23, 2022 03:20 PM NPT By: Republica

KATHMANDU, Oct 23: The 171-megawatt Dudhkoshi-6 Hydroelectricity Project is to be constructed in Khumbu Pasanglhamu Rural Municipality-3 of Solukhumbu.

KATHMANDU, Oct 23: Nearly 78,000 shareholders have submitted their applications to Trishuli Hydropower Company Limited to award them the remaining amount of shares issued to the general public by the company. The company had requested an application from September 20 for the payment of the remaining amount of shares.