Category: Finance

Kathmandu: Retail trade from the Kalimati fruit and vegetable market has been halted citing increased corona risk due to overcrowding. According to the Market Development Committee, it has been decided to close the retail trade of fruits and vegetables for the duration of the prohibitory order after monitoring by the District Administration Office, Kathmandu on… Continue reading Retail trade halted in Kalimati vegetable market

Kathmandu: Gold price has reached Rs 92,000 per tola today growing up by Rs 200 per tola. On Sunday, gold price was Rs 91,800 per tola. Gold prices have risen since investors began investing in gold to secure investment due to the risk of the corona virus. There is not much gold trade in Nepal… Continue reading Gold price reaches Rs 92,000 per tola

Kathmandu: As the corona infection is on the rise across the country, high security alert has been adopted at the northern trade ports. Stating that Nepal should adopt maximum security to facilitate trade, the entry of outsiders into Tatopani and Rasuwagadhi has been stopped following the request of the Chinese administration, according to the customs… Continue reading High alert at Rasuwagadhi and Tatopani checkpoints

Kathmandu: An agreement has been reached between Tribhuvan International Airport (TIA) and the Airlines Operators Association of Nepal (AOAN) to reduce the number of domestic flights.TIA has said that it has been agreed to operate domestic flights at 20-minute intervals from Monday. According to TIA, there will be three domestic flights per hour from Monday.… Continue reading Agreement between airline operators and TIA to reduce domestic flights

Kathmandu: Suppliers selling masks at higher prices have been punished. The Department of Commerce, Supplies and Consumer Protection has taken action against all the surgical suppliers in Tripureshwor for selling masks at higher prices. According to the department, it has found that the masks bought by these suppliers at Rs 4.46 per unit were being… Continue reading Govt take action against firms selling mask at higher price

Kathmandu: Twenty-two checkpoints between Nepal and India has been decided to remain closed. A meeting of the Covid-19 Crisis Management Center (CCMC) held at Singha Durbar on Friday decided to close 22 of the 35 checkpoints between Nepal and India and allow access only through 13 checkpoints. Only Kakadvitta, Jogbani, Pashupatinagar, Birtamod, Gaur, Birgunj, Belahiya,… Continue reading 22 checkpoints between Nepal and India to remain close

Kathmandu: Among seven million children between the ages of five and 17 in Nepal, 1.1 million children (15.3 per cent) were found to be engaged in child labour, a significant decline in child labour in comparison to 2008 (1.6 million). As per the study report recently revealed by International Labour Organization has stated that Nepal… Continue reading 1.1 mn Nepali children are still engaged in child labor

LAS VEGAS (AP): Las Vegas is bouncing back to pre-coronavirus pandemic levels, with new economic reports showing increases in airport passengers and tourism, and a big jump in a key index showing that casinos statewide took in $1 billion in winnings last month for the first time since February 2020. “I don’t believe anyone imagined… Continue reading Vegas tourism, airport, casinos show rebound from virus

Kathmandu: Finance Minister Bishnu Prasad Poudel has said that investors should not be worried as all kinds of political problems will be resolved constitutionally. Addressing the Nepal Development Update public program made public by the World Bank on Monday, Finance Minister Poudel said that all the political issues would be resolved in a constitutional manner.… Continue reading Political problems are solved, investors need not panic: Finance Minister

Kathmandu: The Chinese capital, Beijing, has become the world’s busiest city for billionaires. According to a new report by Forbes magazine, Beijing is the second most populous city in the United States after New York. Last year, 33 billionaires were added to Beijing, bringing the total to 100. In New York, there are 99 billionaires,… Continue reading Beijing becomes most populous city in the world