OPINION
The war Nepal won
The war Nepal won
Nepal is often projected as the nation that lost the war with the foreigners. The Anglo-Nepal war (1814-16) is often cited to prove this claim. Yes, the war with the East India Company government turned out to be a losing battle for Nepal at the end. Nepal suffered a defeat but given that Nepal had...
Mar 23, 2020
OPINION
Fear amid corona threat
Fear amid corona threat
An email from an editor of one of the leading French dailies who cancelled her trip to Nepal due to the threat of coronavirus made me unhappy. She was going to visit Nepal for a few weeks and cover some travel related news. She said she had to cancel in response to Nepal government’s decision to ban...
Mar 23, 2020
ECONOMY, Latest Updates
Banks to remain open during isolation period
Banks to remain open during isolation period
KATHMANDU, March 23: Issuing a circular on Sunday, the Nepal Rastra Bank (NRB), has asked all types of banks and financial institutions (BFIs) to continue with the banking services with necessary precautions. “As the government has defined banking business under the very essential services, the cent...
Mar 23, 2020
ECONOMY, Latest Updates
Upper Tamakoshi to start generation from mid-June
Upper Tamakoshi to start generation from mid-June
KATHMANDU, March 23: Upper Tamakoshi Hydro Electric Project (UTHEP) will start electricity generation from mid-June. The mega project has achieved 99% work progress.
Mar 23, 2020
ECONOMY, Latest Updates
Stock market to remain closed for five days
Stock market to remain closed for five days
KATHMANDU, March 23: The Securities Board of Nepal (Sebon) has instructed Nepal Stock Exchange (Nepse) to shut stocks transaction from Monday.
Mar 23, 2020
ECONOMY, Latest Updates
Domestic airlines to provide up to 36% discounts on airfare
Domestic airlines to provide up to 36% discounts on airfare
KATHMANDU, March 23: Domestic airlines have decided to provide up to 36% discount on airfare to the passengers traveling to destinations other than Simara, Bharatpur and Janakpur from Monday.
Mar 23, 2020
ECONOMY, Latest Updates
Bajura district spends 6% of capital budget in 8 months
Bajura district spends 6% of capital budget in 8 months
BAJURA, March 23: Bajura district has spent the least amount of budget allocated by the provincial government compared to other districts in the Sudurpashchim province. According to province officials, the district has managed to spend only 23% of the allocated recurrent expenditure and 6% of the a...
Mar 23, 2020
ECONOMY
Nepse ends 18 points lower
Nepse ends 18 points lower
KATHMANDU: The local bourse witnessed one of its most bland trading sessions as associations of merchant banks and stock brokers issued a press release on the day stating that all merchant bank and broker offices will remain closed between March 22 and April 2.
Mar 23, 2020
SOCIETY, Latest Updates
Inaruwa bans sale of meat, liquor on COVID-19 fears
Inaruwa bans sale of meat, liquor on COVID-19 fears
ITAHARI, March 23: Inaruwa Municipality has banned the sale of meat and liquor citing maintenance of health and hygiene amid heightening fears of coronavirus outbreak. The decision was taken during a meeting of the municipal office on Sunday.
Mar 23, 2020
POLITICS, SOCIETY, Latest Updates
4 districts close border with India from Sunday
4 districts close border with India from Sunday
KATHMANDU, March 23: Nepali district authorities have closed border points with India after coronavirus cases and deaths rise in India. The administrations of the districts bordering India temporarily sealed the border points from Sunday morning after thousands of people entered Nepal from coronavir...
Mar 23, 2020