ECONOMY
Nepse plunges 21 points as investors offload shares
Nepse plunges 21 points as investors offload shares
KATHMANDU, Sept 12: Nepal Stock Exchange (Nepse) benchmark index fell 21.06 points, or 1.38 percent, to close at 1,502.2 points, wiping out a market value of Rs 20.97 billion, on Tuesday. The total market capitalization went down.
Sep 13, 2017
ECONOMY
Fulbari Resort lays off all staff
Fulbari Resort lays off all staff
POKHARA, Sept 12: Fulbari Resort, which saw series of protests by trade unions in recent years, has laid off all its 117 employees, finally. The hotel management has said that operation of the hotel will remain completely shut for next few months.
Sep 13, 2017
ECONOMY
NEA compelled to change route for Butwal-Mainahiya transmission line
NEA compelled to change route for Butwal-Mainahiya transmiss...
BUTWAL, Sept 12: Nepal Electricity Authority (NEA) is considering alternate routes for the 132 KV Butwal-Mainahiya transmission line project as the Department of Roads (DoR) rejected the Yogikoti-Kotihawa road section of Siddhartha Highway for building the transmission line.
Sep 13, 2017
ECONOMY
NDL to resume Cetamol production in November
NDL to resume Cetamol production in November
KATHMANDU, Sept 12: The resumption of Cetamol production by the state-owned Nepal Drugs Ltd (NDL) has been rescheduled for November as delay in the arrival of raw materials for infrastructure development continues.
Sep 13, 2017
ECONOMY
Railway track almost ready, indecision will likely delay rails
Railway track almost ready, indecision will likely delay rai...
KATHMANDU, Sept 12: The construction of 35 kilometers of railway track from Jayanagar of India to Kurtha of Dhanusha in Nepal is about to be completed. However, the track is likely to remain useless if quick decisions are not taken to import railway engines and carriages.
Sep 13, 2017
ELECTION
Flood victims unimpressed by candidates’ tall promises
Flood victims unimpressed by candidates’ tall promises
SAPTARI, Sept 12: Saptari district was badly hit by floods last month. Tilathi, Hanumannagar, and Tirhut areas were the worst affected. As the displaced are still living in tents, it has become easier for political parties in pitching their candidacies.
Sep 13, 2017
SOCIETY, Republica Watch
Nagarik registers Rs 1.5 billion counter claim against NOC’s Khadka
Nagarik registers Rs 1.5 billion counter claim against NOC’s...
KATHMANDU, Sept 12: Nagarik daily has registered a cross complaint with a counter claim of Rs 1.5 billion in damages against Gopal Bahadur Khadka, managing director of Nepal Oil Corporation (NOC), at Kathmandu District Court, accusing the latter of filing a spurious case against the daily’s top offi...
Sep 13, 2017
SOCIETY
Transportation resumes along Narayangadh – Mugling route after fresh landslide
Transportation resumes along Narayangadh – Mugling route aft...
CHITWAN, Sept 13: The transportation along the Narayangadh – Muglin road stretch has resumed after a dry landslide blocked the country's busiest route on Tuesday.
Sep 13, 2017
POLITICS
SC quashes writ petition filed by DIG Silwal
SC quashes writ petition filed by DIG Silwal
KATHMANDU, Sept 13: The Supreme Court on Tuesday quashed a writ petition filed by DIG Nawaraj Silwal challenging the government's decision to appoint Prakash Aryal as chief of Nepal Police.
Sep 13, 2017
ELECTION
Dalit woman elected unopposed in Siswa Manara Municipality
Dalit woman elected unopposed in Siswa Manara Municipality
MAHOTTARI, Sept 13: Sanjogiya Devi, who has registered her candidacy for the Dalit member of Siswa Manara Municipality-8 from Nepali Congress (NC), has been elected unopposed for the post.
Sep 13, 2017