Category: Finance

Kathmandu: Starting tomorrow, 12th Novermber, Qatar Airways will begin operating daily flights from Gautam Buddha International Airport (GBIA) in Bhairahawa, significantly enhancing Nepal’s international connectivity. The new service will follow a Doha–Bhairahawa–Kathmandu–Doha route, providing a direct link to both the capital city, Kathmandu, and destinations beyond Doha. This new addition brings the total number of… Continue reading Qatar Airways to begin daily flights from Gautam Buddha International Airport

Kathmandu: The government has approved a comprehensive plan to address the ongoing dispute over electricity tariffs with industries that have failed to settle their bills for power consumed through dedicated lines. A special committee, led by former Supreme Court Justice Girish Chandra Lal, has been formed to resolve the issue surrounding the electricity tariffs for… Continue reading Nepal govt approves plan to resolve electricity tariff dispute with industries

Kathmandu: Nepal Airlines Corporation (NAC) has announced changes to its flight schedule due to scheduled maintenance work at Tribhuvan International Airport (TIA). The airport will be closed nightly from 10:00 PM to 8:00 AM starting November 8, 2024, prompting adjustments to the airline’s international flight timings. According to an official notice from NAC, the revised… Continue reading NAC announces revised flight schedule due to TIA maintenance

Kathmandu: The District Court of Kaski has approved an additional ten-day extension for the police custody of Rabi Lamichhane, President of the Rastriya Swatantra Party, as investigations continue into his alleged involvement in the misappropriation of cooperative funds. Lamichhane was first arrested on October 18 on charges linked to financial irregularities. This marks the third… Continue reading Kaski District Court grants extension of police custody for Rabi Lamichhane

Kathmandu: In response to a rising trend of individuals traveling abroad on visitor and tourist visas for foreign employment, the Nepalese government has launched a new study aimed at addressing this issue. The initiative is led by the Ministry of Labor, Employment, and Social Security, under the guidance of a committee headed by the Deputy… Continue reading Nepal govt initiates study to curb overseas employment via visitor visas

Kathmandu: Thai Air Asia has resumed operations at Tribhuvan International Airport (TIA) in Kathmandu, following the launch of commercial flights from Gautam Buddha International Airport (GBIA) in Bhairahawa starting Sunday. This marks Thai Air Asia as the fourth airline to provide commercial services at GBIA, Nepal’s second international airport. The Civil Aviation Authority of Nepal… Continue reading Thai Air Asia resumes flights from and to Nepal

Kathmandu: The price of gold soared to an unprecedented level in the domestic market on Wednesday, according to the Federation of Nepal Gold and Silver Dealers’ Associations. Gold prices surged by Rs 2,200 per tola, now trading at Rs 170,700 per tola, up from Rs 168,500 per tola on Tuesday. In addition to gold, the… Continue reading Gold prices continue to rise in Nepali market

Kathmandu: The Kathmandu Metropolitan City (KMC) has announced a ban on the sale and distribution of plastic flowers during the upcoming Tihar festival. Mayor Balendra Shah made the announcement, emphasizing the need to promote locally-produced flowers. To support local flower sellers, the KMC has designated 46 specific locations within the metropolitan area for sales during… Continue reading KMC bans sale of plastic flowers for Tihar Festival

Kathmandu: Gold prices in the domestic market soared to a new record today, with fine gold trading at Rs 168,500 per tola. This marks an increase of Rs 1,500 from Monday’s rate of Rs 167,000 per tola, as reported by the Federation of Nepal Gold and Silver Dealers’ Association. Following a previous high of Rs… Continue reading Gold prices reach new high in Nepal

Kathmandu: Nepal Rastra Bank (NRB) has contracted a Chinese company to produce new 100-rupee notes that will showcase the country’s revised political map, marking the first instance of currency reflecting recent constitutional amendments. The Council of Ministers approved the design change, which includes the newly recognized borders of Limpiyadhura, Lipulek, and Kalapani, as part of… Continue reading NRB to issue new 100-Rupee notes featuring updated political map