Category: Finance

Kathmandu: Nepal Oil Corporation (NOC) on Sunday again increased the price of petroleum products. The corporation has increased the prices of petrol, diesel / kerosene and aviation fuel (domestic flights) by two rupees per liter with effect from mid-night on Sunday. With this, petrol price has reached Rs 123 per liter, diesel/kerosene Rs 106 and… Continue reading NOC again hike fuel price

Kathmandu: Minister for Agriculture and Livestock Development Padmakumari Aryal has instructed the department heads to solve the problems of the farmers by adopting all the safety measures to be adopted for controlling the epidemic in the country which is in crisis. Minister Aryal has given such instructions while discussing with the departmental heads in the… Continue reading Govt preparing to provide relief to the farmers affected by corona

Kathmandu: Remittances of Rs. 729 billion have been received from abroad in the first nine months of the current fiscal year. This is 16.5 percent more than the same period of previous fiscal year. The remittance inflow had decreased by 4.2 percent in the corresponding period of the previous fiscal year. Despite the increase in… Continue reading Remittances increase by 16.5 percent

Kathmandu: The government has remove the limitations of dollar exhange as it is important for import oxygen-related materilas. Nepal Rastra Bank (NRB) has lifted the limit on the dollar exchange rate saying that the threat of corona epidemic is increasing and there is a lack of oxygen. At present, the exchange facility for import of… Continue reading NRB removes limitations on dollar exchange to import oxygen cylinders

Kathmandu: The Department of Cooperatives has requested the cooperatives across the country to halt heir services except for the essential ones. The department has urged the cooperatives to suspend their regular services until the situation improves as the second wave of corona virus (Covid-19) epidemic is affecting the country. Deputy Registrar of the Department Surendra… Continue reading Govt directs to close all cooperative institutions

Kathmandu: Insurance Committee, the regulatory body, has directed to close all the branch offices of the insurance companies. Stating that the situation of corona infection is getting worse each day, the committee has directed to close all the branches with effect from Thursday. According to Rajuraman Poudel, executive director of the committee, the companies will… Continue reading Insurance Committee directs to close all branches of insurance companies

Kathmandu: Seven people have been arrested in Kathmandu on charges of being involved in the black market of oximeters. According to the District Administration Office, Kathmandu, seven persons have been arrested during the monitoring conducted by a joint team of the District Administration Office, Kathmandu, Metropolitan Crime Investigation Branch, Department of Drug Management and Commerce.… Continue reading Seven arrested for selling oximeter at high price

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