My Republica

Rudra Pangeni

He is senior reporter with Republica and reports on economy, infrastructure, industry, trade, agriculture etc

Govt steps up efforts to lift ban on ginger export

September 7, 2016 04:16 AM

KATHMANDU, Sept 7:  A week after India put a ban on import of Nepali ginger, Ministry of Agriculture Development (MoAD) has stepped up to ensure that Nepali ginger meet all the quality standards.

Record progress in Melamchi tunnel work: Officials

September 5, 2016 12:00 PM

KATHMANDU, Sept 5: Record progress is being made in digging the tunnel of the Melamchi Water Supply Project (MWSP) and if this pace is maintained, the tunnel will be completed by June next year and Melamchi water will reach Kathmandu by October 2017, according to project officials.

Tenants not benefiting from new electricity tariff regime

September 3, 2016 01:00 AM

KATHMANDU, Sept 3: Though the Electricity Tariff Fixation Commission (ETFC) has argued that the new electricity tariff benefits small consumers, tenants in Kathmandu Valley, as well as other parts of the country, continue to pay high price for electricity.

DoRI starts monitoring internal movement of goods

August 31, 2016 01:40 AM

KATHMANDU, Aug 31: Department of Revenue Investigation (DoRI) last week seized eight containers and trucks that were found supplying illegally imported goods to different parts of the country from Kathmandu.

Indian liquor giant United Spirits quits Nepal

August 29, 2016 01:40 AM

KATHMANDU, Aug 29: The Department of Industry (DoI) has permitted India's United Spirits Ltd to divest its 82.46 percent shares in United Spirits Nepal Pvt Ltd to existing shareholder Rajesh Bir Singh Tuladhar.

Energy minister to tap state-owned firms, employee-benefit funds

August 27, 2016 09:34 AM

KATHMANDU, Aug 26: When Employees Provident Fund (EPF) agreed to a loan-finance of Rs 800 million to build 22 MW Chilime Hydropower Project two decades ago, it took many by surprised and was seen as a high risk decision.

Dept set to issue license for power projects up to 100 MW

August 24, 2016 00:50 AM

KATHMNDU, Aug 24: Hydropower producers of up to 100 MW will soon not have to wait for the decisions of the Ministry of Energy (MoE) for permission carrying out survey studies, building the power plants and generating electricity.

Where does gold come from?

August 22, 2016 04:00 AM

KATHMANDU, Aug 22: With the festive season around the bend, customers are buying gold ornaments to make the celebration more special. But the gold that they buy could have entered the country through illegal routes.

Another distressing year at NEA for power generation

August 19, 2016 06:42 AM

KATHMANDU, Aug 18: Nepal Electricity Authority augmented its power supply by only 3 million units in a 12-month period ending mid-July, while the demand increased multifold. NEA is the country’s electricity monopoly.

Nepal looks to learn from East Asia's dev experiences

August 17, 2016 01:30 AM

KATHMANDU, Aug 17: Until few decades ago, Nepal used to share some similarities with East Asian countries like Cambodia, Laos and Vietnam in terms of development and economic activities.

TAAN to build tourism memorial park in Kavre

August 13, 2016 01:40 AM

KAVRE, Aug 13: Names of trekkers, mountaineers and support staff, who lost their lives during trekking and mountaineering activities in Nepal, will be inscribed on a monument atop a hill in Timal Region (1900 meters) of Kavre if things go as planned.

Despite big losses, Banijya Bank issuing bonus to staff

August 12, 2016 00:07 AM

KATHMANDU, Aug 12: Rastriya Banijya Bank has decided to distribute Rs 870 million in bonuses to its employees despite its accumulated losses amounting to Rs 4.12 billion. The bank's board meeting last week took a decision to this effect by way of implementation of a Supreme Court order last December to pay out bonuses from profits earned in the last seven years.

Chinese contractor returns to project site after diplomatic lobbying

August 6, 2016 02:20 AM

KATHMANDU, Aug 6: Zhejiang Jinlun Electromechanic Co - the Chinese contractor for Kulekhani III's mechanical and electro mechanical works - have sent its representatives at the project site after a yearlong gap.

NEA's annual loss doubles to Rs 11.57 billion

August 4, 2016 00:20 AM

KATHMANDU, Aug 4: Annual loss of Nepal Electricity Authority (NEA) nearly doubled to Rs 11.57 billion in 2015/2016.

PAC's intervention delays Chamelia, likely to increase cost

August 1, 2016 01:20 AM

KATHMANDU, Aug 1: The cost of Chameliya Hydropower Project (30 MW) is likely to increase further, owing to delay because of the intervention by Public Accounts Committee (PAC) of the parliament.

Bentley caught under-invoicing

July 28, 2016 08:00 AM

KATHMANDU, July 27: A leather wallet costs as much as Rs 4,650 at Durbarmarg-based Bentley The Leather, but the price the importer declared at customs was only Rs 64.

Two China-built projects starting generation this year

July 23, 2016 02:00 AM

KATHMANDU, July 23: Two hydropower projects with combined installed capacity of 75 MW, promoted by two Chinese state-owned companies, are preparing to start generation in the coming few months.

Revenue only the bright spot in govt's economic report card

July 20, 2016 00:40 AM

KATHMANDU, July 20: The government achieved its revenue collection targets in Fiscal Year 2015/16. Apart from this, the government, however, has failed on all economic fronts.

‘Minister Yadav demanded Rs 10m for post of DG’

July 16, 2016 08:02 AM

KATHMANDU, July 15: Joint Secretary at the Ministry of Irrigation Sagar Kumar Rai has revealed that outgoing minister Umesh Kumar Yadav demanded a bribe of Rs 10 million in exchange for the post of director general at the Department of Irrigation (DoI).

Haphazard spending in the last week of fiscal year

July 16, 2016 02:10 AM

KATHMANDU, July 16: The government has spent Rs 34.46 billion in capital expenditure in the past eight days which is around 50 percent of the development budget spent in the rest of the fiscal year.