ECONOMY
NEPSE lost 43.98 points; share investors lost Rs 7 billion last week
NEPSE lost 43.98 points; share investors lost Rs 7 billion l...

KATHMANDU, June 22: The Nepal Stock Exchange (NEPSE) plunged 43.98 points last week, with investors in a wait-and-watch mode for Nepal Rastra Bank to endorse the monetary policy for the next fiscal year.
Jun 22, 2024

SPORTS
Spinner Sandeep Lamichhane returns home after participating in ICC T20 World Cup (With Pho...
Spinner Sandeep Lamichhane returns home after participating...

KATHMANDU, June 22: Spinner Sandeep Lamichhane, who had traveled to the West Indies to participate in the ICC T20 World Cup, returned home on Saturday. Lamichhane arrived in Nepal three days after the national cricket team returned home.
Jun 22, 2024

ECONOMY
3,000 units of EVs arrived in Nepal in the second last month of the current FY
3,000 units of EVs arrived in Nepal in the second last month...

KATHMANDU, June 7: On May 28, the Government of Nepal (GON) announced a 10 percent increase in customs and excise duty on the import of electric vehicles. The rise in customs duty was expected to dissuade prospective importers, but instead, the number of EVs imported increased significantly.
Jun 22, 2024

ECONOMY
IME Group's Middle Kaligandaki Hydropower Project secures funding from six banks led by Na...
IME Group's Middle Kaligandaki Hydropower Project secures fu...

KATHMANDU, June 22: IME Group's subsidiary, Hydro Support Pvt Ltd, has successfully raised investment for the Middle Kaligandaki Hydropower Project, slated for development in Annapurna Rural Municipality of Myagdi District. To oversee the financial management of this 66.3-megawatt capacity project o...
Jun 22, 2024

SOCIETY
Indian national who escaped from Kapilvastu prison by digging tunnel arrested after 14 yea...
Indian national who escaped from Kapilvastu prison by diggin...

KAPILVASTU, June 22: An Indian citizen who escaped from Kapilvastu prison by digging a tunnel has been arrested after 14 years. On January 16, 2010, eight people, including him, escaped from the prison by digging a tunnel.
Jun 22, 2024

SOCIETY
Banke police seize illegally imported goods worth over Rs 13 million
Banke police seize illegally imported goods worth over Rs 13...

BANKE, June 22: The District Police Office, Banke, seized goods worth over 13.1 million in mid-May.
Jun 22, 2024

ECONOMY
Airfare in Surkhet-Kathmandu sector increases
Airfare in Surkhet-Kathmandu sector increases

BIRENDRANAGAR, June 22: The airfare for flights operating on the Surkhet-Kathmandu route has increased. Airline companies have raised the fare by a minimum of Rs 500.
Jun 22, 2024

ECONOMY
Shree Airlines adds 80-seater to its fleet
Shree Airlines adds 80-seater to its fleet

KATHMANDU, June 22: Shree Airlines has added a new 80-seater aircraft to its fleet, assigning it the call sign 9N AOM. The aircraft, a De Havilland Canada Q400 Dash 8, was previously operated by Horizon Air and Alaska Air in the United States.
Jun 22, 2024

SOCIETY
High Court upholds Kali Bahadur Kham's detention in murder case
High Court upholds Kali Bahadur Kham's detention in murder c...

KATHMANDU: The Patan High Court’s Hetauda bench has ordered the continued detention of Kali Bahadur Kham for trial in a murder case.
Jun 22, 2024

ECONOMY
'Ride Sharing' services through apps temporarily halted in Pokhara
'Ride Sharing' services through apps temporarily halted in P...

GANDAKI, June 22: The operation of 'ride sharing' services through apps has been temporarily halted in Pokhara, Kaski. The Transport Management Office, Kaski issued a public notice on Friday to immediately stop transporting passengers via ride-sharing apps.
Jun 22, 2024
