Category: Finance

Kathmandu: The Civil Aviation Authority of Nepal (CAAN) has prepared to give the ground handling responsibility of Gautam Buddha International Airport to the private airline company Himalayan Airlines. It was expected by many that the Nepal Airlines Corporation, which has been providing ground handling service at Tribhuvan International Airport, will be responsible for ground handling… Continue reading CAAN to grant ground handling service of GBIA to Himalayan Airlines

Kathmandu: Himalaya Airlines is going to start two daily passenger chartered flights from Gautam Buddha International Airport. The airline has sought permission from the Civil Aviation Authority of Nepal (CAAN) on Tuesday for Bhairahawa-Kuala Lumpur chartered flights from November 3 to 10. According to the authority, the airlines will fly to Kathmandu-Bhairawa-Kuala Lumpur and Kuala… Continue reading Himalaya Airlines to operate daily chartered flight from GBIA

Kathmandu: The two-day Nepal-German Mart 2022 has started in Kathmandu from today. Virtually, the fair will last for a week, but in physical presence, the fair will last only for two days. The fair is being conducted at the German Embassy premises in Kathmandu. In the fair, which was conducted under the joint initiative of… Continue reading Two-day ‘Nepal-German Mart 2022’ begins

Kathmandu: The National Planning Commission (NPC) has recommended to the government to open one fair price shope in one municipality. In order to implement the fundamental rights of citizens regarding food security, the commission has recommended this through the review study report of the supply policy of the last 10 years of time period. According… Continue reading NPC recommends one fair price shop in one municipality

Kathmandu: Fruits worth 750 million rupees have been imported for the Tihar festival. Fruit traders have brought apples, bananas, oranges, coconuts and other fruits to the valley from across the country and abroad for Tihar. According to the Nepal Fruit Wholesale Association during Tihar, the consumption of mainly fruits; apples, oranges, bananas and coconuts is… Continue reading Fruits worth 750 mn rupees imported for Tihar festival

Kathmandu: Despite government ban, flower import from India continues during this Tihar festival. According to the Flouriculture Association Nepal (FAN), a total of 2.4 mn flower garlands have been consumed during this festival.Among the total consumed flower 1.7 mn was produced in the country while remaining flowers were imported from India. The actual statistics of… Continue reading Despite govt ban, flower import from India continues

Kathmandu: Nepal Electricity Authority (NEA) has exported electricity to India even during the evening of Lakshmi Puja (A festival when the country consumes maximum electricity). As the excess electricity in Nepal started to be sold in the Indian market, for the first time this year, the authority exported electricity to India even on the evening… Continue reading Nepal export 380 MW electricity even during the peak hour of festive season

Kathmandu: Hotel, restaurant and bar operators will no longer be able to add service charge and VAT amount to the menu. The Department of Commerce, Supply and Consumer Protection has warned hoteliers not to charge extra money from consumers except as mentioned in the menu. The department issued a press release on Thursday and alerted… Continue reading Govt prohibits hotels and restaurants to levy service charge to customers

Kathmandu: The government has prohibited the import of flowers from India during Tihar. During Tihar, especially in urban areas, about 85 percent of the demand for marigold flowers is met by domestic production, but 15 percent of marigold flowers are imported, the government has banned the import of marigold flowers this year, according to the… Continue reading Govt prohibits flower import from India during Tihar festival

Kathmandu: Nepal Oil Corporation (NOC) has again refused adjusting the price of petroleum products. Even though the new prices are coming from India regularly, the corporation has not adjusted the prices by showing the old losses. As a result, the consumer has been hit by high prices. Despite the increase in the price of some… Continue reading NOC not in mood to reduce fuel price despite having profit