Author: vishwasandesh

Kathmandu: Nepal Rastra Bank (NRB) has released today’s (Thursday) foreign currency exchange rates. The US Dollar, Australian Dollar, and Kuwaiti Dinar have seen an increase, while the Euro and British Pound have decreased. The US Dollar is priced at Rs 134.03 for buying and Rs 134.63 for selling, up from Rs 133.99 and Rs 134.59… Continue reading NRB updates foreign exchange rates: dollar and dinar up, euro and pound down

Kathmandu: Nepal Airlines Corporation (NAC) has experienced significant disruptions to its international flights due to the grounding of three aircraft. The issues have persisted for two days, affecting around 800 passengers across destinations including Kathmandu, Hong Kong, Doha, and Dubai. The grounding stems from a hydraulic problem in NAC’s narrow-body aircraft, “Sagarmatha,” leading to flight… Continue reading NAC faces major disruptions as 3 aircraft grounded

Kathmandu: Nepal and the United Kingdom have formalized two separate agreements for grant aid, valued at approximately Rs 13.08 billion, in a ceremony held on Wednesday. The agreements include a Rs 6.5 billion grant for a programme aimed at enhancing resilience, adaptation, and inclusion in Nepal. The initiative, known as the Resilience, Adaptation, and Inclusion… Continue reading Nepal and UK sign MoU for 13.08bn grant aid

Kathmandu: Since the cessation of power cuts and the restoration of a regular electricity supply, Nepal has experienced a dramatic increase in electricity consumption. According to the Nepal Electricity Authority (NEA), energy consumption has tripled over the past eight years. In the fiscal year 2015/16, the country consumed 3.72 billion units of electricity. By the… Continue reading Nepal sees surge in electricity consumption after end of power cuts