Category: Finance

Kathmandu: The Hotel Association of Nepal (HAN) has warned to close the business saying that their demands have not been addressed yet. Even though the borrower is responsible for paying the principal and interest of the loan, in the period of almost 3 years of the covid epidemic, the health protocol, lockdown and other control… Continue reading Hotel association warns to halt business

Kathmandu: The price of gold in the Nepali market has reached its highest point so far. Today, the price of gold increased by 2,900 rupees per tola and made a historical record. The price of printed gold for Sunday has been fixed at 1 lakh 10 thousand rupees per tola. Similarly, the price of silver… Continue reading Gold price set new record

Kathmandu: The government has started issuing permits for mountain climbers in the spring season. According to the Department of Tourism (DoT), 27 people from 5 groups have received expedition permits so far. According to the department, climbing permits have been issued for Annapurna I, Manaslu, Pangri Goldumba, Surma Sarovar and Thorong Peak till Thursday.

Kathmandu: In the first 7 months of the current financial year (FY) 2079/80, electricity leakage towards distribution has been limited to 7.99 percent. The Nepal Electricity Authority (NEA) has said that this year, compared to the accumulated leakage towards distribution during the same period last year, it has been reduced by 1.66 percentage points due… Continue reading Power leakage reduces to 7.99 pc

Kathmandu: Industrialists and businessmen have demonstrated against the high interest rates of banks and financial institutions. Today (Sunday) various businessmen and industrialists gathered at Maitighar Mandala for protest. Industrialists have accused the government and the Nepal Rastra Bank for ignoring the peaceful protest and now they have to protest again. They have also warned that… Continue reading Industrialists protest against high interest rates

Kathmandu: Nepal police has returned 1728 people from the airport who were travelling to Gulf countries for work with visit visa. During the interrogation at the airport, contrary to government rules, they were found to have traveled to Gulf countries like UAE, Oman, Kuwait, Qatar, Kuwait and Bahrain to work despite having a visit visa… Continue reading Nepal Police returned 1,728 people who were traveling Gulf countries to work on visit visa

Kathmandu: Nepal Women’s Chamber has honored various entrepreneurial women on the occasion of 113th International Women’s Day. The Chamber honored women entrepreneurs at the Russian Culture Center in Kamalpokhri, Kathmandu today. Shubhadra Adhikari Dhakal for industry, Parvata Kharel Bimali for export, Nashala Joshi for IT, Sarita Bhattarai Shrestha for agriculture and Swarupa Shrestha for health… Continue reading Nepal Women’s Chamber honors women entrepreneurs

Kathmandu: The two-way trade through the Pulan/Yari port has been resumed on March 1. With the aim of facilitating trade towards Nepal, China has informed that it has brought border into operation from March 1. Similarly, China is also expecting Nepal’s exports to increase after this border becomes operational. It is expected that after the… Continue reading China opens northern border linked to Nepal

Kathmandu: Jazeera Airways will resume flights at Gautam Buddha International Airport, Bhairahawa from March 9. The company announced the flight schedule on Wednesday. Jazeera will fly from Bhairahawa to Kubet on Tuesdays, Thursdays and Saturdays at 8:05 a.m. Nepali time. It will land in Kuwait at 10:55 am local time. In addition, Jazeera Airways has… Continue reading Jazeera to resume three flights a week at Gautam Buddha International Airport

Kathmandu: Vendors of Durbarmarg area has protested against the decision of Kathmandu Metropolitan City (KMC)’s decision of removing street parking. They have stated that the number of customers has reduced in lack of parking. They have also demanded resignation of KMC’s Mayor Balendra Sah.