Category: Finance

Kathmandu: The government has completely banned the import of 10 different types of materials. The Ministry of Industry, Commerce and Supplies publish a notice in the Nepal Gazette on Tuesday to ban the import of various goods till mid-July. The government has banned on import of Indian snack items Kurkure, all types of prepared alcohol,… Continue reading Govt ban on import of 10 expensive stuff

Kathmandu: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari has said that the war between Russia and Ukraine could lead to higher prices. Addressing 67th annual programme of Nepal Rastra Bank, Governor Adhikari said that the external sector of the economy is under some pressure. He also said that the NRB is taking policy initiatives… Continue reading Governer says Russia-Ukraine war could raise inflation

Kathmandu: A US dollar has been found in the seat of a Buddha Air flight from Bhadrapur to Kathmandu. According to the Nepal Police, 108 notes of 100 rate were found at the airport parking lot towards the domestic flight of Tribhuvan International Airport. Dollars were found in a leather handbag on the seat of… Continue reading $10,800 found inside Buddha Air’s aircraft

Kathmandu: Construction companies have decided to go on a ‘construction holiday’ from Sunday, shutting down all construction work except essential work. Stating that there has been an unexpected rise in prices of various construction materials and the construction work cannot be carried out until the problem of such price rise is resolved, the construction companies… Continue reading Construction companies to halt all ongoing projects

Kathmandu: The Gautam Buddha International Airport (GBIA) at Bhairahawa in Rupendehi district has come into operation on Thursday. Another new international airport has come into operation in the country after 74 years of operation of Tribhuvan International Airport. The old 1,500-meter runway of the airport, which is a project of national pride, has been closed… Continue reading Gautam Buddha International Airport begins commercial flights from today

Kathmandu: Three people have been arrested on charges of engaging in trading the banned digital currency cryptocurrency. Among the arrested are Anup Mishra, Dipesh Thapa and Rahul Chachan. A team of the Kathmandu Valley Crime Investigation Office arrested them from Mahabouddha, New Road, and Kalanki areas of Kathmandu on the basis of special information. They… Continue reading Three arrested for trading cryptocurrency

Kathmandu (Rashtriya Samachar Samiti): The Tribhuvan International Airport (TIA) will be operational around the clock from June 2. The Civil Aviation Authority of Nepal (CAAN) is preparing to operate the international airport around the clock to manage the increasing flight pressure. According to the authority, the TIA, Gautam Buddha International Airport and the under-constructed Pokhara… Continue reading Preparation for 24 hour operation of international terminal and 18 hours of domestic

Kathmandu: According to the Nepal Bankers’ Association, the supply of raw gold in the market has been depleted during the main wedding season. After Nepal Rastra Bank instructed the banks not to open LC (Bank Guarantee of Commodity Import), the import is nil and now the stock of raw gold in the market has run… Continue reading Gold out of stock in Nepali market

Kathmandu: Foreign Employment office started issuing institutional work permits online only starting today. The government has now implemented an online system of institutional work permits for workers going for foreign employment. Minister for Labor, Employment, and Social Security Krishna Kumar Shrestha on Friday launched the online system of institutional work permits. According to Minister Shrestha,… Continue reading Issuing institutional work permit goes online

Kathmandu: Nepal Airlines Corporation (NAC) is going to start regular flights to Saudi Arabia from April 21. For the first time, a national flag carrier will fly to Riyadh, Saudi Arabia on a regular basis. The Civil Aviation Authority of Nepal has already given permission to Nepal Airlines for commercial flights. It was allowed to… Continue reading NAC to operate regular flights to Saudi from April 21