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Farmers threaten to pour Nepali honey on Kathmandu streets
Published On: April 12, 2024 07:15 PM NPT By: Republica
KATHMANDU, April 12: As locally produced honey struggles to find a market, farmers are facing dire circumstances, with some even contemplating leaving the honey harvesting industry altogether. The disappointment stems from Indian honey dominating the Nepali market, leaving indigenous honey unsold.
Daraz set to lease over 10 acres of land in Kathmandu Valley
Published On: April 12, 2024 03:30 PM NPT By: Republica
KATHMANDU, April 12: E-commerce giant Daraz is set to lease over 10 acres of land in the Kathmandu Valley. The land will be leased for a period of 10 years to facilitate the construction of logistics infrastructure.
11 bridges along Narayanghat-Mugling road come into operation, four bridges under construction
Published On: April 12, 2024 02:30 PM NPT By: Republica
CHITWAN, April 12: Eleven bridges along the Narayanghat-Mugling road section have come into operation. Except for Khare, Namche, Kalikhola, and Tuinkhola bridges near Mugling bazar, the other bridges have been opened for public use.
NIS Industry Outreach Meet organized in New Delhi
Published On: April 12, 2024 02:18 PM NPT By: Republica
KATHMANDU, April 12: Ahead of the upcoming Nepal Investment Summit (NIS) 2024, an Industry Outreach Meet was organized in New Delhi on April 11, 2024. The event, organized by the Embassy of Nepal in India along with the PHDCCI India-Nepal Center, aimed to boost participation from Indian industry leaders and highlight investment opportunities in Nepal.
Banks reduce interest rates for Baisakh, except for Everest and NMB Bank
Published On: April 12, 2024 01:00 PM NPT By: Republica
KATHMANDU, April 12: Most of the commercial banks have reduced the deposit interest rates for the month of Baisakh (mid-April to mid-May) as well. According to the new interest rate table published by the banks on Friday, the maximum average interest rate for personal term has decreased by 0.19 percentage points compared to Chaitra (mid-March to mid-April).
Gold price rises by Rs 2,400 per tola, hits new record at Rs 139,000 per tola
Published On: April 12, 2024 12:30 PM NPT By: Republica
KATHMANDU, April 12: The price of gold has increased by Rs 2,400 per tola in the domestic market on Friday.
Govt revenue collection stands at only half of its target at third-quarter end
Published On: April 12, 2024 08:10 AM NPT By: Republica
KATHMANDU, April 12: The government collected only half of its targeted revenue even as the third quarter of the current fiscal year is about to end.
Mugling-Pokhara road expansion: Eastern section achieves 55 percent completion, western section only 19 percent
Published On: April 11, 2024 08:21 PM NPT By: Republica
KATHMANDU, April 11: Under the Mugling-Pokhara road expansion project, which is being constructed in two sections, east and west, the latest update provided by the project reports 55 percent physical progress in the eastern section and 19 percent in the western section so far.
Nepal's economy to grow by 3.6 percent in 2024: ADB
Published On: April 11, 2024 07:31 PM NPT By: Republica
KATHMANDU, April 11: The Asian Development Bank (ADB) has projected that Nepal’s economy is to grow by 3.6 percent (at market prices) in 2024.
Govt to install modern traffic lights in all major cities across country
Published On: April 11, 2024 04:00 PM NPT By: Republica
KATHMANDU, April 11: The government has put forward a plan to illuminate major cities of the country, including the Kathmandu Valley. As part of this initiative, plans are underway to install modern street lights along the main city streets. Additionally, modern traffic lights will be installed along busy roadways.
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