ECONOMY
NOC projects monthly profits at Rs 1.60 billion due to fall in oil prices in int’l market
NOC projects monthly profits at Rs 1.60 billion due to fall...
KATHMANDU, Oct 8: Nepal Oil Corporation (NOC) has projected a profit of Rs 1.60 billion per month after a successive fall in the crude oil prices in the international market.
Oct 08, 2022
POLITICS
Election candidates must clear all tax dues and arrears and must not be PR holders of fore...
Election candidates must clear all tax dues and arrears and...
KATHMANDU, Oct 8: The Election Commission (EC) has asked the candidates filing their nominations for the upcoming House of Representatives and provincial assembly to clear all tax dues and arrears.
Oct 08, 2022
ECONOMY
NEA faces waste of around 800 MW of electricity daily due to low demand in festive season
NEA faces waste of around 800 MW of electricity daily due to...
KATHMANDU, Oct 8: Nepal is facing a waste of 700-800 MW of the produced electricity on a daily basis due to a decline in the domestic consumption amid ongoing festivals.
Oct 08, 2022
ECONOMY
WB estimates Nepali economy will grow by 5.1 percent in 2022/23
WB estimates Nepali economy will grow by 5.1 percent in 2022...
KATHMANDU, Oct 8: The World Bank (WB) has estimated Nepal’s economic growth rate to reach 5.1 percent in the fiscal year 2022/23, which is way higher than the projection of 4.7 percent made by the Asian Development Bank.
Oct 08, 2022
POLITICS
Ghanshyam Bhusal announces he will not stay in UML
Ghanshyam Bhusal announces he will not stay in UML
KATHMANDU, Oct 8: Ghanshyam Bhusal, a member of the Standing Committee of the CPN-UML, has announced that he has quit the party.
Oct 08, 2022
ECONOMY
Nepali Rupee plunges to a fresh low against US dollar
Nepali Rupee plunges to a fresh low against US dollar
KATHMANDU, Oct 8: The Nepali Rupee fell to a historic low against the US dollar with Nepal Rastra Bank (NRB) fixing the exchange rate at Rs 132.02 per dollar for Saturday.
Oct 08, 2022
POLITICS
Chinese Ambassador's farewell call on Speaker Sapkota
Chinese Ambassador's farewell call on Speaker Sapkota
KATHMANDU, Oct 8: Chinese Ambassador to Nepal, Hou Yanqi, paid a farewell call on Speaker Agni Prasad Sapkota today.
Oct 08, 2022
POLITICS
UML and JSP to contest election together
UML and JSP to contest election together
KATHMANDU, Oct 8: CPN-UML and Janata Samajwadi Party (JSP) have agreed on electoral synergy for the upcoming elections to the House of Representatives and the provincial assemblies slated for November 20.
Oct 08, 2022
POLITICS
UML Politburo Member Dhungel ‘dies after slipping and falling in bathroom’
UML Politburo Member Dhungel ‘dies after slipping and fallin...
KATHMANDU, Oct 8: In a rather shocking turn of event, CPN-UML Politburo Member Balkrishna Dhungel has died, allegedly after falling in the bathroom of his residence in Gothatar, Kathmandu.
Oct 08, 2022
POLITICS
Unified Socialist finalizes candidates for HoR election
Unified Socialist finalizes candidates for HoR election
KATHMANDU, Oct 8: Along with the distribution of seats among the ruling coalition parties, the candidates of the CPN (Unified Socialists) have also been decided. Based on the constituencies of outgoing MPs and influential leaders of the party, the United Socialist took the number of seats from the a...
Oct 08, 2022