Category: Finance

Kathmandu: The government has decided to accept a grant worth 376 million Japanese yen (equivalent to Rs 366.2 million rupees ) from the Japanese government for human resource development in Nepal. This information was given by the spokesperson of the government and Minister for Communications and Information Technology Gyanendra Bahadur Karki while announcing the decision… Continue reading Govt decides to take a grant worth Rs 366.2 mn from Japan

Kathmandu: On Tuesday, the price of gold fell by Rs 1,800 per tola.According to the Federation of Nepali Gold and Silver Delears Association, the price of gold in circulation has come down from Rs 98,900 to Rs 97,100 per tola. Similarly the price of silver has been fixed at Rs 1,245 per tola.

Kathmandu: The downtrend of the stock market continued on Monday, the first trading day of the week. The market has declined by 15.82 points to 2032.34 points. After the budget , the market has increased only one day, but on other days it has been continuously declining. A total of 2,920,705 shares of 230 companies… Continue reading Stock market continue to fall

Kathmandu: President of the Nepal Chamber of Commerce (NCC) Rajendra Malla has said that they will cooperate with the local level for youth employment generation and entrepreneurship development. Speaking at a program organized by Mahottari Chamber of Commerce in Bardibas today, President Malla said that youth should be prevented from fleeing by creating employment in… Continue reading NCC to cooperate with local govt to generate employment

Kathmandu:Finance Minister Janardan Sharma ‘Prabhakar’ has said that remittances from Nepalis who have gone for foreign employment have helped in improving the rural economy. Addressing the 22nd anniversary of IME Limited, a remittance company under IME Group, Finance Minister Sharma said that the role of remittance companies in earning foreign exchange is significant. ‘Remittances have… Continue reading Remittances uplifting rural lifestyle: Finance Minister

Kathmandu: Nepal Oil Corporation (NOC) has increased the price of petroleum products with effect from 12 am today. The board of directors of the corporation has decided to increase the price as the price of petroleum products has gone up at a high rate in the international market and the arrears of fuel Indian Oil… Continue reading NOC raise fuel price again

(BBC): People in Thailand can now grow cannabis plants at home and sell the crop after the nation removed marijuana from its banned narcotics list. The nation is the first to advance such a move in South-East Asia, a region known for its stringent drug laws. But recreational use is still banned, even though advocates… Continue reading Thailand legalizes cannabis trade but still bans recreational use

Kathmandu: Chaudhary Groups has launched the electric crossover vehicle in Nepali market called “Neta V” under CG Motors. Neta is an EV brand owned by a Hozon Auto Company in China which is top three EV brand and has been ranked among the first echelon and rapidly growing brand. The vehicle is powered by an… Continue reading CG Motors Launches Eco-Friendly NETA V in Nepal

Kathmandu: Four Chinese nationals and a Nepali national have been arrested from Nagdhunga in Kathmandu along with Rs. 40 million. According to the Metropolitan Police five persons have been arrested for smuggling Nepali currency. The arrested Nepali is Phool Bahadur Gurung, 44, of Bidur Municipality-8, Nuwakot. The other four are Chinese nationals.

Kathmandu: Finance Minister Janardan Sharma has expressed his commitment to build Nijgadh International Airport in Bara district. Addressing the 46th general assembly of the Birgunj Chamber of Commerce and Industry on Saturday , Minister Sharma expressed such commitment. He said that Nijgadh Airport is needed not only as an alternative to Tribhuvan International Airport but… Continue reading Finance Minister Sharma committed to build Nijgadh airport