ECONOMY
Nepse extends sideways movement, hydro stocks rally
Nepse extends sideways movement, hydro stocks rally
KATHMANDU, May 5: After opening 20 points higher in the morning, the Nepal Stock Exchange (Nepse) index fell below the opening level within first half hour of trading. The index climbed around 12 points at mid-day, but stocks erased gains to revert to the opening level for the second time in the aft...
May 05, 2021
ECONOMY
Second wave of COVID-19 increases risk of worsening income inequality: Finance Minister Po...
Second wave of COVID-19 increases risk of worsening income i...
KATHMANDU, May 5: The second wave of COVID-19 has fuelled the worsening conditions mainly of the people in low income and vulnerable groups, which will aggravate the widening of the gap between the rich and the poor, said Finance Minister Bishnu Prasad Poudel.
May 05, 2021
POLITICS
Opposition alliance decides to field candidacy of Dr Devkota in upcoming National Assembly...
Opposition alliance decides to field candidacy of Dr Devkota...
KATHMANDU, May 5: Opposition parties in parliament have forged an electoral alliance for the National Assembly election scheduled for May 20.
May 05, 2021
ECONOMY
ADB launches Asia Pacific Tax Hub to help member states strengthen domestic resource mobil...
ADB launches Asia Pacific Tax Hub to help member states stre...
KATHMANDU, May 5: The Asian Development Bank (ADB) has launched an Asia Pacific Tax Hub, with the aim to create an open and inclusive platform to promote strategic policy dialogue, improve knowledge-sharing, and strengthen coordination on tax policy and administration among ADB, its members, and dev...
May 05, 2021
SOCIETY, Latest Updates, Coronavirus
Nepal records 8,659 new cases of COVID-19 on Wednesday; 23,713 cases in three days
Nepal records 8,659 new cases of COVID-19 on Wednesday; 23,7...
Kathmandu Valley alone recorded 4,825 new cases
May 05, 2021
OPINION, Latest Updates, Coronavirus
O Brahmaputra and Bagmati, how can you flow?
O Brahmaputra and Bagmati, how can you flow?
Pashupati Aryaghat, where Hindus cremate their dead bodies, is overcrowded, and has started cremating bodies on open grounds. Until last week, PM Oli was busy inaugurating projects, openly defying urgent pleas by his health ministry to avoid crowds and public events. He infamously urged people to ‘c...
May 05, 2021
SOCIETY, Latest Updates, Coronavirus
Nepal records highest single-day toll of 58 COVID-19 deaths
Nepal records highest single-day toll of 58 COVID-19 deaths
KATHMANDU, May 5: As many as 58 people died of COVID-19 in Nepal in the past 24 hours. The number is so far the highest to record in a single day.
May 05, 2021
ECONOMY, Coronavirus
Hotels providing quarantine services can charge no more than Rs 3,000 per person a day
Hotels providing quarantine services can charge no more than...
KATHMANDU, May 5: The Ministry of Culture, Tourism and Civil Aviation has asked the hotels designated as quarantine facilities for those traveling from India via Air Bubble service not to charge more than Rs 3,000 per person per day.
May 05, 2021
POLITICS
Army directs retired military health workers to stand ready for recall to duty as COVID-19...
Army directs retired military health workers to stand ready...
KATHMANDU, May 5: Nepal Army has asked all retired military health workers to stand ready for recall to duty.
May 05, 2021
ECONOMY, Republica Watch, Coronavirus
Private hospitals in Kathmandu charging up to Rs 50,000 per bed a day for COVID-19 treatme...
Private hospitals in Kathmandu charging up to Rs 50,000 per...
KATHMANDU, May 5: The private hospitals in the Kathmandu Valley are found charging exorbitantly high fees for COVID-19 treatment.
May 05, 2021