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Foundation stone for 128 MW Tamor-Mewa Hydropower Project to be laid on Thursday
Published On: May 20, 2024 03:20 PM NPT By: Khagendra Adhikari
TAPLEJUNG, May 20: The groundbreaking ceremony for the much-anticipated 128 MW Tamor-Mewa hydropower project is set for May 23, Thursday.
Gold price hits record high of Rs 141,800 per tola
Published On: May 20, 2024 12:05 PM NPT By: Republica
KATHMANDU, May 20: The price of gold surged by Rs 900 per tola in the domestic market on Monday, reaching an all-time high.
Govt reiterates its commitment to maintain smooth supply of fertilizers to farmers during upcoming rice plantation season
Published On: May 20, 2024 10:15 AM NPT By: Republica
KATHMANDU, May 20: The government has expressed its commitment to maintain a smooth supply of chemical fertilizers for the upcoming rice plantation season despite having less than sufficient stock of fertilizers.
NEPSE surges 45.69 points, daily turnover increases to Rs 5.25 billion
Published On: May 19, 2024 06:51 PM NPT By: Republica
KATHMANDU, May 19: Nepal Stock Exchange (NEPSE) on Sunday increased by a whopping 45.69 points in a positive response expressed by investors to the revised monetary policy.
Gold, silver prices hit record high
Published On: May 19, 2024 12:46 PM NPT By: Republica
KATHMANDU, May 19: The price of gold has climbed in the domestic market. According to the Federation of Nepal Gold and Silver Dealers' Associations, the price of fine gold has increased by Rs 1,600 per tola (11.66 grams) and reached Rs 140,900. Fine gold was traded at Rs 139,300 on Friday.
IPPAN establishes policy research and land acquisition and building funds
Published On: May 19, 2024 11:00 AM NPT By: Republica
KATHMANDU, May 19: The Independent Power Producers' Association (IPPAN) has established policy research and land acquisition and construction funds.
Bankers and automobile dealers cautiously welcome the monetary policy review
Published On: May 19, 2024 08:00 AM NPT By: Republica
KATHMANDU, May 19: Nepal Rastra Bank (NRB) has turned flexible over the mandatory capital adequacy funds that the banks and financial institutions (BFIs) have to maintain while issuing credits to their clients.
Foreign investment commitments reach Rs 53 billion in 10 months, Rs 2.15 billion approved via automated system
Published On: May 18, 2024 09:00 PM NPT By: Republica
KATHMANDU, May 18: Nepal received foreign investment commitments amounting to over Rs 53 billion in the first 10 months (mid-July to mid-April) of the current fiscal year 2023/24.
Prithvi Highway Expansion: Deadline extended by five months on eastern section from Jamun to Ambukhaireni
Published On: May 18, 2024 08:20 PM NPT By: Republica
TANAHUN, May 18: The government has extended the deadline for expanding the eastern section of the Pokhara-Muglin road along the Prithvi Highway by five months. A Chinese construction company, China Communications Construction, has been undertaking the expansion work.
Nepal’s outbound spending surpasses inbound revenue
Published On: May 18, 2024 07:40 PM NPT By: Republica
KATHMANDU, May 18: The expenditure incurred by Nepalis traveling abroad is almost two and a half times more than the amount brought in by foreign tourists.
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