Nepal Oil Corporation (NOC) has hinted that the price of petroleum products will increase again.
The price of fuel has gone up in the new price list that came to the corporation from India. Accordingly, the corporation has stated that it will incur a loss of Rs. 3.9 billion in the next 15 days.
The corporation had last adjusted the price on February 19.
Since then, the Russia-Ukraine crisis has pushed up the price of crude oil in the international market to 95 to 105 US dollars per barrel.
Around 11,600 cooperatives are currently undergoing registration with the National Cooperative Regulatory Authority. The authority has initiated the process to regulate savings and credit cooperatives across the country...
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