Page last updated at 2014-12-19 21:58:51 RSS
  BUSINESS & ECONOMY
Petrol Cheaper By Rs 7 Per Liter
REPUBLICA
Diesel, kerosene, ATF prices also lowered

KATHMANDU, Dec 20: Nepal Oil Corporation (NOC) on Friday reduced price of petrol by Rs 7 per liter, and diesel and petrol by Rs 5.30 liter each.

With the fresh adjustment in prices, petrol will be available at Rs 117 per liter, while diesel and kerosene will retail at Rs 92 per liter each. Similarly, price of Air Turbine Fuel (ATF) has been lowered by Rs 10 per liter to Rs 133.
Global Entrepreneurship Week Concludes
REPUBLICA
Rupee Weakens Against US Dollar
REPUBLICA
Gold price down by Rs 260 per 10 grams

KATHMANDU, Dec 20: Nepali rupee weakened by a whopping Rs 1.31 against US dollar this week as the Indian currency, with which rupee is pegged, lost value against the greenback. Gold price, on the other fell by Rs 260 per 10 grams over the week as the price of yellow metal dwindled in the international market.

CURRENCY
Shrestha Elected AAN President
REPUBLICA
Corporate Development Bank Declared 'troubled'
SAGAR GHIMIRE
NRB launching a probe to find out what went wrong

KATHMANDU, Dec 20: Nepal Rastra Bank (NRB) has declared Corporate Development Bank Ltd (CORBL) as a ´troubled institution´, concluding that the regional-level development bank headquartered in Birgunj was operating without following banking norms and principles and existing laws.

The board meeting of NRB held on Friday took the decision.
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