Fuel crisis hits construction of Hydropower projects
Kathmandu November 17- The fuel crisis has hit the construction of hydropower projects across the country. Six plants being developed by the Nepal Electricity...
With Rs112.5b losses, services sector worst-hit
Kathmandu, June-14 The services sector faced a cumulative business loss of around Rs112.5 billion due to the April 25 earthquake and subsequent aftershocks, according...
Proposal to decrease tax, duty and VAT on Electricity projects to 0.1%
Kathmandu November 26- Energy Development council has handed five-point short term proposal to Ministry of Finance to reduce and manage the energy crisis. On...
Century old Pharping hydro to be resumed
Kathmandu December 24- The government has planned to bring the Pharping Hydropower Project, the first electricity plant in the country and the second in...
Stock broker and NEPSE barring Citizen Investment Trust from entering stock dealership
Kathmandu January 19- Stock brokers and NEPSE have been barring Citizen Investment Trust (CIT) that was planning to enter the country's sole stock market...
Gold up by Rs 700 per tola
Kathmandu, July 9 – The gold price has increased in Nepali market by Rs 700. Gold is being traded at 49 thousands 8hundred and...
Gold price reaches Rs. 57,000 per tola
Kathmandu, Aug 21 - The price of gold has increased by Rs. 600 per tola (11.664 gm) to exceed Rs. 57,000 per tola in...
Mid-August saw Inflation rate of 6.9%
Kathmandu October 4- According to Nepal Rastra Bank's quarterly report on Macroeconomic situation of Nepal, the y-o-y inflation as measured by the consumer price...
Agreement between Citizens Bank and Aftab Currency Exchange ltd regarding remittance service
Kathmandu December 1- Citizens Bank International Ltd and Aftab Currency Exchange Ltd have signed an agreement to provide remittance services from fifteen countries. The...
Second quarter performance of NIC Asia, Everest Bank and Lumbini bank
Kathmandu February 12- Operating with Rs. 3 billion 6.9 million paid up capital, net profit of NIC Asia Bank has increased by 39.22% to...
