Govt urged not to reduce financial equalization grant
The National Natural Resources and Fiscal Commission has sent a formal request to the Ministry of Finance, urging the latter...
Himalaya Airlines resumes Kathmandu-Beijing flights
Himalaya Airlines has resumed regular flights between Kathmandu and Beijing starting from Saturday. On the inaugural flight, Nepali Ambassador to...
Rs 11 billion estimated for construction of Upper Chameliya
The 53.85 MW Upper Chameliya Hydropower Project will require an estimated Rs 11.15 billion for its construction. According to the...
NRB exchanges ‘non-convertible’ currencies of Lumbini Trust
The Nepal Rastra Bank (NRB) has exchanged the non-convertible currencies collected at Lumbini from the donations made by pilgrims from...
Nepal’s trade deficit reaches Rs 1.337 trillion
Nepal’s trade deficit stood at Rs 1.337 trillion, a decline of 15.21 percent, in the first 11 months of the...
NATTA draws government attention over expensive tickets
The Nepal Association of Tour and Travel Agents (NATTA) has drawn the attention of Finance Minister Prakash Sharan Mahat towards...
Portions of foreign grants under PLGSP remains unspent
A big portion of foreign grants under PLGSP meant for the program to strengthen democratic systems and to enhance capacity...
Rs 17.35 billion for unproductive constituency programs
While the federal government is facing a massive shortfall in revenue collection and the sub-national governments are under pressure on...
E-sewa to allow cash withdrawal through ATM
Users of the payment service provider e-sewa can now withdraw money from their e-sewa account through ATM machines. The company...
Government allows CIT to increase paid up capital
The government has permitted the Citizen's Investment Trust (CIT) to increase its paid up capital. Minister for Communications and Information...
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