Kathmandu: Nepal Rastra Bank (NRB) has increased the gold import quota to 20 kg per day. Earlier, only 10 kg of gold was allowed to be imported per day, but Nepal Rastra Bank issued a circular to the banks to allow them to import 20 kg of gold per day. According to the new rule,… Continue reading NRB increases quota for gold import to 20 kg per day
Category: Featured News
A Malaysian Company to study feasibility of chemical fertilizer factory in Nepal
Kathmandu: A Malaysian company got a permission to conduct a detailed feasibility study for setting up a chemical fertilizer factory in Nepal. An agreement was reached between the Investment Board Nepal (IBN) and Malaysia’s reNIKOLA Holdings Sdn Bhd Company for the detailed feasibility study required for the establishment of a fertilizer factory. On behalf of… Continue reading A Malaysian Company to study feasibility of chemical fertilizer factory in Nepal
KMC shows cold shoulder to social activist Iih’s protest over street seller issue
Kathmandu: Kathmandu Metropolitan City (KMC) has shown cold shoulder to social activist Iih’s demand who is on a protest for last 8 days in favor of street seller. The National Human Rights Commission has also drawn serious attention of KMC to the health condition of Iih, who has been standing in front of the National… Continue reading KMC shows cold shoulder to social activist Iih’s protest over street seller issue
Nepal Oil Corporation preparing to issue IPO for public
Kathmandu: Nepal Oil Corporation (NOC) is preparing to issue primary shares (IPO) for the general public. The executive director of the corporation, Umesh Prasad Thani, said that the corporation is preparing to issue an IPO for the public. Speaking at the 28th Annual General Meeting of Nepal LP Gas Industry Association on Tuesday, Executive Director… Continue reading Nepal Oil Corporation preparing to issue IPO for public
Human Rights Commission monitoring Juvenile detention center across the country
Kathmandu: The National Human Rights Commission (NHRC) has started monitoring juvenile detention homes across the country after problems were found in such child correctional homes. The commission has written to all the state and provincial branch offices of the commission to monitor the condition of all eight children’s correctional homes in Morang, Parsa, Makwanpur, Bhaktapur,… Continue reading Human Rights Commission monitoring Juvenile detention center across the country
US dollar surges against Nepali Rupee
Kathmandu: Prices of US Dollar has surged in Nepal. According to Nepal Rastra Bank (NRB), the buying rate of one dollar has been fixed at 132 rupees 74 paisa and the selling rate of 133 rupees 34 paisa. On Monday, the buying rate of one US dollar was fixed at 132 rupees 40 paisa and… Continue reading US dollar surges against Nepali Rupee
Russia seeks to rejoin UN’s human rights council
Kathmandu: Russia is seeking to rejoin the United Nations human rights council in an election that will be seen as a key test of its international standing. It was expelled from the UN’s pre-eminent human rights body last April after its forces invaded Ukraine. But now Russian diplomats are seeking to get their country re-elected… Continue reading Russia seeks to rejoin UN’s human rights council
KMC to welcome 20 foreign guest to attend Indra Jatra
Kathmandu: 20 foreign guests are coming to Kathmandu to attend the Indrajatra festival celebrated in the valley. According to Kathmandu Metropolitan City (KMC), 20 foreign guests are going to come from countries including America and China. The guests will come from Fredericksburg City of America and China’s Nanjing, Chendu and Zhanzhou Municipalities and Xi’an City… Continue reading KMC to welcome 20 foreign guest to attend Indra Jatra
Nepal-China signs 13-point agreement during PM Dahal’s visit
Kathmandu: A 13-point memorandum of understanding has been signed between Nepal and China. In the presence of Prime Minister Pushpa Kamal Dahal Prachanda and Chinese counterpart Li Qiang, officials of Nepal and China exchanged 10 agreements and 3 memorandums of understanding. These agreements and memorandums of understanding are related to agriculture, communication, science and technology,… Continue reading Nepal-China signs 13-point agreement during PM Dahal’s visit
Agreement between ‘CNI’ and ‘CCPIT’ to establish Nepal-China Business Council
Kathmandu: The Confederation of Nepal Industry (CNI) and the China Council for Promotion of International Trade (CCPIT) have reached an agreement to establish a Nepal-China Business Council (NCBC) to promote investment and bilateral cooperation between the two countries. On the occasion of Prime Minister Pushpa Kamal Dahal (Prachanda)’s visit to China, CNI and CCPIT has… Continue reading Agreement between ‘CNI’ and ‘CCPIT’ to establish Nepal-China Business Council