ECONOMY
INR 1 billion grant for Janakpur pledged by India PM lands in limbo
INR 1 billion grant for Janakpur pledged by India PM lands i...
JANAKPUR, June 26: Indian Prime Minister Narendra Modi announced a grant of Rs 1 billion Indian currency for the development of Janakpur Sub-metropolitan City during a visit to the city in May 2018. Almost 13 months later, the grant for developing this major destination for Hindu pilgrims looks less...
Jun 26, 2019
ECONOMY
Infrastructure prioritized in local budgets
Infrastructure prioritized in local budgets
KATHMANDU, June 26: Local governments across the country have unveiled their annual budgets for the next fiscal year, their second budgets since they came into existence following the 2017 local elections.
Jun 26, 2019
ECONOMY, Latest Updates
Lower house approves Appropriation Bill
Lower house approves Appropriation Bill
KATHMANDU, June 26: The house of representatives (HoR) has approved the Appropriation Bill 2075 (2019), clearing the legal way for the government to make spending as proposed by Minister for Finance Yuba Raj Khatiwada for Fiscal Year 2019/20.
Jun 26, 2019
SOCIETY, Latest Updates
New Road area 'smart parking' gets mixed response
New Road area 'smart parking' gets mixed response
KATHMANDU, June 25: With Kathmandu Metropolitan City introducing smart parking system at and around the New Road area since June 16, the management of parking areas and vehicular traffic in one of the busiest areas of Kathmandu has become effective.
Jun 26, 2019
ECONOMY, Latest Updates
Pokhara targets tourism for revenue
Pokhara targets tourism for revenue
POKHARA, June 25: Pokhara Metropolitan City has identified tourism as one of the major sources for revenue mobilization.
Jun 26, 2019
SOCIETY
Local govt accused of not maintaining transparency
Local govt accused of not maintaining transparency
LAHAN, June 26: People who had expected rapid development and significant growth in their villages post-federalism are disappointed by the elected local representatives' non-transparent behavior.
Jun 26, 2019
ECONOMY, Latest Updates
Gold marches to record high of Rs 65,500 per tola
Gold marches to record high of Rs 65,500 per tola
KATHMANDU, June 26: The price of gold climbed reached a record high of Rs 65,500 per tola (11.664 grams) in the Nepali market on Tuesday. The yellow metal was traded at Rs 65,000 per tola a day earlier.
Jun 26, 2019
SOCIETY, Latest Updates
Jumla's risky and exploitative public transport system
Jumla's risky and exploitative public transport system
JUMLA, June 26: Roads reached Jumla decades later than many other parts of the country. Its road networks further widened in the last few years.
Jun 26, 2019
ECONOMY
Nepse closes little changed, while turnover slumps
Nepse closes little changed, while turnover slumps
KATHMANDU, June 26: Stocks opened Tuesday's trading on a flat note as the Nepal Stock Exchange (Nepse) index remained unchanged till mid-day.
Jun 26, 2019
SOCIETY, Latest Updates
NRA technical team halts reconstruction as ward chief thrashes asst sub-engineer
NRA technical team halts reconstruction as ward chief thrash...
RAMECHHAP, June 26: The technical team from the National Reconstruction Authority (NRA) currently deployed in Dimipokhari of Sunapati Rural Municipality-2 has halted work after one of the engineers was thrashed by the ward chief.
Jun 26, 2019