ECONOMY
NOC slashes aviation fuel price, new airfare to come into effect from Wednesday
NOC slashes aviation fuel price, new airfare to come into ef...
KATHMANDU, April 5: The Nepal Oil Corporation (NOC) has reduced the price of aviation fuel. The NOC reduced the price of aviation fuel by Rs 10 per liter. The Aviation Operators Association accordingly revised the airfare to be effective from April 4.
Apr 05, 2023
ECONOMY
NCC urges Finance Minister to expand tax scope
NCC urges Finance Minister to expand tax scope
KATHMANDU, April 5: Nepal Chamber of Commerce (NCC) has urged Finance Minister Dr Prakash Sharan Mahat to expand the scope of tax.
Apr 05, 2023
ECONOMY
NRB instructs BFIs and payment service providers to run helpdesk even during night time
NRB instructs BFIs and payment service providers to run help...
KATHMANDU, April 5: Nepal Rastra Bank (NRB) has asked the banks and financial institutions (BFIs) to run 24-hour helpdesk to take grievances of the card users.
Apr 05, 2023
SOCIETY
Three Nepali nationals killed in avalanche in Sikkim
Three Nepali nationals killed in avalanche in Sikkim
KATHMANDU, April 5: Seven people, including three Nepali nationals, died in an avalanche on the Gangtok-Nathula road section of Sikkim. About a dozen others were injured.
Apr 05, 2023
ECONOMY
NEA takes steps to be majority shareholder in Budhi Gandaki hydropower project
NEA takes steps to be majority shareholder in Budhi Gandaki...
KATHMANDU, April 5: Nepal Electricity Authority (NEA), the state-owned body responsible for producing and distributing electricity, has taken steps to own majority shares of the Budhi Gandaki hydropower project.
Apr 05, 2023
OPINION
Nepal, sans Division of Labor!
Nepal, sans Division of Labor!
1723 AD. In a buzzing fish market of Kirkcaldy, Scotland, a posthumous child was born and baptized as “Adam Smith”. In the same year, in a royal durbar on a hill of Gorkha, Nepal, the birth of a prince, Prithvi Narayan Shah, was being celebrated. This anecdote fascinates me more, when I remember two...
Apr 05, 2023
ECONOMY
Use of cryptocurrency incurs high level of financial risks: NRB report
Use of cryptocurrency incurs high level of financial risks:...
KATHMANDU, April 5: Nepal Rastra Bank (NRB) has termed the use of cryptocurrency ‘financially risky’ and continues its ban over the use of the virtual financial instrument.
Apr 05, 2023
WORLD
Trump charged with hush-money scheme to boost 2016 election chances
Trump charged with hush-money scheme to boost 2016 election...
NEW YORK, April 5: Former President Donald Trump was charged on Tuesday with 34 felony counts of falsifying business records in a historic case over allegations he orchestrated hush-money payments to two women before the 2016 U.S. election to suppress publication of their sexual encounters with him.
Apr 05, 2023
WORLD
One dead, 30 injured in train crash in Netherlands
One dead, 30 injured in train crash in Netherlands
THE HAGUE, April 5: At least one person was killed and 30 were injured after a passenger train derailed on Tuesday morning in the western Dutch province of South Holland, following a collision with a construction crane.
Apr 05, 2023
ECONOMY
ADB and WB project Nepal’s economic growth to slow down to 4.1 percent in 2023
ADB and WB project Nepal’s economic growth to slow down to 4...
KATHMANDU, April 5: The Asian Development Bank (ADB) has estimated Nepali economy to grow by 4.1 percent in the current fiscal year, lower than earlier estimation of 5.8 percent.
Apr 05, 2023