Category: Finance

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

Kathmandu: Nepal Oil Corporation has again increased the price of petroleum products. Spokesperson of the corporation Binit Mani Upadhyaya informed that the price of petrol, diesel and kerosene has been increased by two rupees per litre. Now the price of petrol has reached Rs 120 per liter while the price of diesel and kerosene has… Continue reading NOC hikes fuel price

Kathmandu: The Nepal Government and the World Bank today signed an agreement for additional financing of USD75 million to support access to safe and effective COVID-19 vaccines for Nepal’s prioritized populations.The agreement was signed by the Finance Secretary, Sishir Kumar Dhungana on behalf of the government and the World Bank Country Director for Maldives, Nepal,… Continue reading World Bank to support $75 mn to Nepal for covid-19 vaccines