CIT to deposit Rs 12.5 billion in its fixed deposit account

CIT has urged submission of sealed proposals mentioning the amount sought, the rate of interest and the interest payment period within October 18.

Virus infection of workers halts works of Upper Dordi 'A'

Construction works of Upper Dordi 'A' Hydropower Project, which has reached the final stage, have been halted. The construction works of the project were halted after its high level employees, engineers, supervisors, drivers, security guards and workers got infected with the coronavirus. So far, around 98 per cent construction works of the project have been completed. Liberty Energy Company Limited, the promoter of the 25 MW project, has targeted to complete the project by mid-November. According...

Sugar imported by Salt Trading arriving in a week

Sugar being imported by Salt Trading Corporation (STC) is expected to arrive in Nepal within a week. The process to dispatch sugar by the Indian supplier has begun and it is expected to arrive within a week, said Urmila Shrestha, Chief Executive Officer of STC. The STC had issued a global tender to import 20,000 tonnes sugar on August 3 giving 15 days deadline after it received the government’s decision targeting to import sweetener before Dashain festival as its price tends go to up at festival...

Finance Minister directs for augmenting economic activities

He reminded that the COVID-19 heavily dented the national and international economy and economic activities. At such situation, the activities that help boost economy must be prioritized.

Public vehicles flouting govt order to switch to old transport fare adjustment

Earlier, the government in view of global COVID-19 pandemic asked public vehicles to follow the health and safety guidelines and to limit the passenger numbers to half their seat capacity and charge them 50 percent more fare.

Farmers on outskirts of Valley busy in post-harvest storage of paddy (Photo Feature)

In the post-harvest season, the farmers in the outskirts of the Valley are busy storing paddy. The crops planted in the monsoon season are now being packed in sacks.

Mountain goats arrive in Pokhara for Dashain

The process of bringing mountain goats from Mustang to Pokhara for upcoming Dashain festival has begun. Every year before Dashain, mountain goats (Chyangra) are supplied from Mustang and other mountain districts to Pokhara and other districts of the country. Around 1,000 mountain goats have been supplied to Pokhara by Wednesday. The mountain goats are brought in to Pokhara especially from Mustang, Dolpa and Tibet. However, this year, mountain goats are arriving in Pokhara only from Mustang and...

Closed industries at Hetauda industrial area resume

There are 111 industries operating at the area and approximately 10,500 people have got jobs at the industries directly or indirectly. "Some entrepreneurs have applied for lands, electricity and water to establish new industries.

Construction of Upper Dordi 'A' hydel project halted 

Construction of the upper Dordi 'A' hydroelectricity project based at Dhodeni, Dordi rural municipality-6 in the district has been halted.    

Ministers Gyawali and Bhatta at Korala border point for inspection

Jagadish Aryal, information officer of Mustang district who is also assistant Chief District Officer, said the ministers flew on a helicopter directly to the border point from Kathmandu.

Nearly 30% businessmen in Surkhet displaced due to lockdown

About 30 per cent entrepreneurs in the state capital Surkhet have been displaced from business due to lockdown and prohibition order enforced to prevent and control COVID-19 pandemic. They have abandoned business due to non-payment of rent, wages of employees and workers and bank loans. The tourism sector, hoteliers and industrialists of the Karnali State have been hit the hardest as the lockdown has been extended which was enforced from March 24 after the outbreak of coronavirus in the country. President...

Government to book business people if bottled water sold in high price

We will book if the price hike was not withdrawn. We will lodge case on black marketing by immediately arresting them if the processed water was not sold in the previous rate.

Energy Minister Pun says will reduce the electricity tariff next year as well

Saying that the Nepal Electricity Authority’s domestic and industrial costumers’ tariff was reduced in the current fiscal, Minister Pun stated that the power would be supplied next year in the reduced tariffs.

Construction of bridge in limbo for nine months in Myagdi   

The construction of a motorable bridge over Gharkhola in Annapurna Rural Municipality in Myagdi district has been in limbo for nearly nine months although the contract has already been awarded for the same nine months ago.    

Rafting resumes in Trishuli after six months

Rafting in Trishuli, which had been closed after the lockdown was imposed on March 24, has resumed. The resorts that had shut their doors because of COVID-19 have started opening again. Companies and resorts are unveiling various packages to promote rafting in the river. The rapids of Trishuli are renowned all over the world and attract many domestic and foreign rafters, contributing immensely to the overall tourism of the country. Close to the capital Kathmandu and easily accessible from Prithvi...

Lama makes millions from apple

Apple farm of Padam Bahadur Lama, chairman of Simkot Gaunpalika, is eye-catching as the saying mustache does not block the mouth in eating. Chairman Lama started apple farming to increase his income along with the work of people as their representative. Chairman Lama said that he had cultivated apples to increase his source of income even though he was involved in politics. He has been cultivating apples to break the belief that one should not engage in other business after joining politics.

Over a third of cultivable land in Baglung remains barren as youths go abroad or enter cities for jobs

Although food grains can be produced in 46,148 hector out of the total 1,82,766 hector area of the district, only 30,503 hector land is utilized for the cultivation, informed Agriculture Knowledge Center (AKC), Parbat.

Market monitoring intensified in Pokhara

Market monitoring has been expedited in coordination of the District Administration Office, Kaski, targeting the upcoming festivals. Gokul Sharma Poudel, chief of the office of Industry, Commerce and Consumers Protection, Pokhara, said that the monitoring was intensified after receiving complaints of artificial price hikes. He, however, said that the prices of pulses, rice and sugar were declining instead of increasing. "The price of food grains is declining. If someone is cheated or gets suspected...

Master's in Maths, Timilsina turned into buffalo farming and now earns Rs. 2 lakh a month

Timilsina earns around 60 lakhs per year from selling milk and saves up to 30 to 35 lakhs per year after deducting the household expenses.

Expansion of Nepalgunj Airport in progress

According to the Nepalgunj Civil Aviation Office (CAO), work on expansion of Nepalgunj Airport has started gathering momentum again. Prem Nath Thakur, chief of CAO, attributed the delay to the lockdown imposed by the government to tame the COVID-19 pandemic. Stating the completion of the plane parking space during the lockdown, Thakur said that the runway expansion, terminal building construction and land acquisition had gathered pace. A 20-year master plan has proposed to upgrade the airport to...