Page last updated at 2014-09-19 09:24:08 RSS
  BUSINESS & ECONOMY
PDA With GMR Likely To Attract More Foreign Investment In Hydropower
RUDRA PANGENI
KATHMANDU, Sept 19: Endorsement of the preliminary draft of the Project Development Agreement (PDA) for Upper Karnali Hydropower Project (900 megawatts) by the cabinet on Thursday signals better days ahead for investment in the hydropower sector in Nepal.

Economists and some former bureaucrats said endorsement of the preliminary draft of PDA has sent across a positive message and is likely to attract more foreign investment for hydropower development. The project, which is estimated to cost Rs 110 billion, would be the biggest hydropower project in the country.
Briefly: Gorkha Brewery Reimburses Borrowers' Interest
REPUBLICA
KATHMANDU, Sept 18: Gorkha Brewery said Thursday that it has reimbursed the interest paid by families in Mukundapur-6 of Nawalparasi who had taken its loan-facility to buy mature milk-yielding cows or buffaloes on a group guarantee.

Gorkha Brewery had initiated the micro-finance project in the VDC in 2010 for the economic empowerment of the local community, it said in a statement issued Thursday.
Review: Devices, Apps Act Like One Under IOS 8
ASSOCIATED PRESS
NEW YORK, Sept 18: The scores of new features in Apple´s software update for mobile devices can be boiled down to one word: unity.

Many iPhone owners also have iPads and Mac computers, and family members are likely to have Apple devices, too. With the new iOS 8 software for iPhones and iPads, those devices start to act like one. Apps on those devices start to unite, too.
Candy Crush Saga Embroiled In Court Case
Agencies
MUMBAI, Sept 18: The most popular and addicted game on smartphones and tabs, the ´Candy Crush Saga´, is involved in a court case in India.

King.com, the company which owns intellectual property of the game, filed a copyright infringement suit against the Apeejay Surrendra Group in the Bombay high court recently to restrain it from using the images of its popular game, Times of India reported.
Chameliya Hydel Project Construction Begins After Four Months
MYREPUBLICA
DARCHULA, Sept 18: Construction of Chameliya Hydropower Project has started Tuesday after four months of disruption.

China Gerjuwa Group of Power Company (CGGC) – which was awarded a contract for civil construction part of the project – had halted construction works for an indefinite time citing Nepal Electricity Authority (NEA)´s non-compliance to make timely payment in line with the contract.
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