Commercial banks introduce diverse interest rates
In a significant departure from the recently abolished cartelization of interest rates by the Nepal Bankers' Association during the month...
Ban on afternoon flights at Karnali airport lifted
The Civil Aviation Authority of Nepal (CAAN) is set to revoke its decision to prohibit regular passenger and chartered flights...
Rasuwagadhi hydropower to start production by October
The 111 MW Rasuwagadhi hydropower project under construction in Rasuwa has achieved 97 percent completion. Rasuwagadhi Hydropower Company has reached...
E-procurement system mandatory in all agencies
The government has introduced mandatory implementation of the electronic procurement (E-procurement) system to create an environment where the public procurement...
DPR of fast track revised, cost and length reduced
The detailed project report (DPR) of the Kathmandu-Tarai/Madhesh Fast Track (Expressway) has been amended. According to Minister for Physical Infrastructure...
Public transport fare goes up as NOC hikes diesel price
The government has increased the fare of public transport. Along with the increase in the price of petroleum products by...
Nepal Telecom suffers decline in profit
The profit of Nepal Telecommunication Company (Nepal Telecom) has decreased due to the reduction in the income of service sales...
‘There should be positive perception about economy’
Finance Minister Dr Prakash Sharan Mahat has said that the country's economy is improving in recent days but a positive...
Govt mulls raising royalty for climbing Mt Everest
The government is considering increasing the royalty on permits to climb Mount Everest from 2025. According to an official at...
Govt. focusing on construction of reservoir-based hydro
The government, focusing on the long-term development of the energy sector in the country, has paid attention to the construction...
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