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Contracts with four construction companies including Pappu Construction to be terminated

Published On: April 11, 2024 12:50 PM NPT By: Republica

KATHMANDU, April 11: The Road Division Office, Janakpur, has decided to terminate the contracts with four construction companies including Pappu Construction. The Division Office issued a notice on Thursday and said that four construction companies including Pappu Construction will be blacklisted for their failure to fulfill their contractual obligations.

Gold price decreases by Rs 200 per tola

Published On: April 11, 2024 11:31 AM NPT By: Republica

KATHMANDU, April 11: The price of gold has decreased by Rs 200 per tola in the domestic market on Thursday.

Economic slowdown and soaring bad debts hit banks’ profits

Published On: April 11, 2024 07:50 AM NPT By: Republica

KATHMANDU, April 11: The net profits of commercial banks declined 13.37 percent in the first eight months of the current fiscal year, thanks to the economic slowdown and an increase in the bad debts of the banks.

NEPSE sheds 10.71 points, daily turnover declines to Rs 3.48 billion

Published On: April 10, 2024 07:01 PM NPT By: Republica

KATHMANDU, April 10: Nepal Stock Exchange (NEPSE) on Wednesday declined by 10.71 points to close at 2,025.30 points.

Revenue growth rate, which stood at 10 percent two months ago, has now declined to 7 percent: Former Finance Minister Mahat

Published On: April 10, 2024 06:30 PM NPT By: Republica

KATHMANDU, April 10: The spokesperson for the Nepali Congress and former finance minister Dr Prakash Saran Mahat has raised concerns saying that the revenue growth rate, which stood at 10 percent two months ago, has now declined to 7 percent.

Economic prosperity unachievable sans private sector collaboration: Industry minister

Published On: April 10, 2024 05:30 PM NPT By: Republica

KATHMANDU, April 10: Minister for Industry, Commerce and Supplies, Damodar Bhandari, has said aspirations for economic prosperity will remain unmet in the absence of collaboration with the private sector.

Int’l Conference on Agrobiodiversity 2024 kicks off in Pokhara

Published On: April 10, 2024 04:32 PM NPT By: Republica

KATHMANDU, April 10: Leaders from around the world have gathered in Nepal to organize the International Conference on Agrobiodiversity 2024. The conference commenced on April 9 and will continue until April 12 in Pokhara, Gandaki Province of Nepal. This event aims to facilitate the exchange of innovative traditional and scientific knowledge to advance agroecological practices, agro biodiverse planting materials, and climate-smart business and finance models that enhance nature and nutrition.

UN report underscores urgency of hefty financing to rescue SDGs

Published On: April 10, 2024 03:00 PM NPT By: Republica

KATHMANDU, April 10: With only six years left to achieve the sustainable development goals (SDGs), global efforts for sustainable development have witnessed severe setbacks resulting in crisis.

Gold price continues to soar, reaches Rs 136,800 per tola

Published On: April 10, 2024 12:39 PM NPT By: Republica

KATHMANDU, April 10: The prices of gold and silver have continued to soar. The price of gold has increased by Rs 500 per tola in the domestic market on Wednesday.

Construction of 132 kV Burtibang substation reaches final stage, plan to conduct test by mid-June

Published On: April 10, 2024 11:30 AM NPT By: Republica

BAGLUNG, April 10: The construction of Burtibang substation, which started five years ago, has reached the final stage of completion. This 132 kV substation aims to link West Baglung with the central transmission line via Motipur in Kapilvastu, Sandhikharka in Arghakhanchi, Tamghas in Gulmi, and Paudi Amarahi in Burtibang.

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