Sarauha hotels finding hard to address high demand for rooms in view of UML National Congress

A total of 3,500 hotel rooms in Sauraha have been booked in view of the CPN UML’s 10th National Congress. The party has said that it had booked such a number of hotel rooms for the General Convention representatives.

More than 22,000 passengers use Tribhuvan International Airport daily

The aviation business, which was halted due to the COVID-19 pandemic, has been flourishing recently. According to the statistics of Tribhuvan International Airport, more than 22,000 passengers are being transported daily.

Price of yellow metal goes down by Rs 1,600 per tola  

The price of yellow metal has decreased by Rs 1,600 per tola in Nepali market today. The hallmark gold is being traded at Rs 92,300 per tola today against Rs 93,900 yesterday.    

Construction of Kohalpur-Surkhet 132 KV transmission line stalled 

Construction of the Kohalpur-Surkhet 132 KV power transmission line has been stalled due to the delay in forwarding the process authorizing the project to cut down trees along the right of way of the transmission line.    

Farmers unable to find paddy buyers

Farmers of Kailali have been facing problems to sell the paddy. They are unable to sell their paddy saved from the floods as private buyers are reluctant to purchase the paddy showing the cause of poor quality. Farmer Gangaram Chaudhary of Bhajani Municipality-2 said that the traders were sending the paddy back after seeing it.

Most Urban people predict inflation to occur in the next quarter: NRB survey

According to the Inflation Expectations Survey (IES) of the first quarter, 96.3 per cent of the respondents have expected price levels to increase over the next year.

Construction of dry port sees no progress

The Indian side is responsible to undertake some construction of the project. But Indian government is less concerned about it, said engineer Hom Nath Bhusal at Nepalgunj-based Federal Project Implementation Unit office.

Madhyapur Thimi launches ‘Night Heritage Walk’ to promote tourism

The Madhyapur Thimi Municipality in Bhaktapur has launched the ‘Night Heritage Walk’ under the Destination Madhyapur Campaign. The night tour aims to promote cultural and historic heritages in this ancient city.   

Agrawal elected Chair of Saptari Chamber of Commerce and Industry   

Lalu Prasad Agrawal has been elected the Chairperson of Saptari Chamber of Commerce and Industry by securing 746 votes.     Ramesh Kumar Sah and Durga Nanda Prasad Sah were elected as the vice-chairpersons while Amrit Kumar Sancheti won the election for the post of general secretary, the chief election commissioner Ram Kumar Yadav said.    

Tourists flock to Dudh Kunda, Tsho Rolpa Lake

The number of internal and external tourists has increased in the famous Dudh Kunda and Tsho Rolpa glaciers areas in the northern part of Dolakha. The number of tourists visiting Tsho Rolpa Snow Lake, Dudh Kunda and Rolwali Range located in Rolwaling area of ​​Ward No. 9 of Gaurishankar Rural Municipality has increased. Tourists reach here via the Dudh Kunda-Tsho Rolpa tourist trail.

Efforts on to remove Nepal from ICAO blacklist: Minister Ale

Minister Ale said Nepal was blacklisted by ICAO and efforts were underway to remove Nepal from ICAO's blacklist in order to promote Nepal's tourism.

Coalition will take decision on MCC: Finance Minister Sharma

"Discussion is underway on this issue (MCC) in the coalition. Discussion is ongoing even in the government," he added. He further said that every decision would be made from the alliance since the present government was formed for the development of the country and safeguard and implementation of the constitution.

Loan for infrastructure lags, but accelerates for wholesale, retail and consumption

According to the mid-October’s Monthly Statistics of Nepal Rastra Bank (NRB), wholesaler and retailer (Rs. 899.3 billion), agriculture, forestry and beverage production (Rs.730.19 billion) and consumption (Rs. 636.4 billion) have been listed in the top slot of loan and advances observant.

Price of mutton goes up in Surkhet  

The price of mutton has gone up in Surkhet. According to the Surkhet Meat Entrepreneurs' Association, the price of goat meat has been increased to Rs 900 per kg from Rs 800 per kg. This price will be applicable from today (Sunday).    

Tourists jam Annapurna foot trail

For quite some time now, the Annapurna foot trail has been seeing droves of tourists on a daily basis. Hundreds of foreign and domestic tourists have been walking along the trail to visit different picturesque places across Manang district, locals said. According to the Annapurna Conservation Area Project (ACAP), a majority of the tourists are internal tourists. “While around 50 foreign tourists arrive at the foot trail daily, domestic tourists number 100-150,” said Lekhnath Gautam, chief at...

116 industries registered in four months at Rs. 135 billion investment

Domestic and foreign investment of around Rs. 159 billion has been proposed during the first four months of the current fiscal year 2021/22. According to the Department of Industry, domestic and foreign industries with an investment of Rs. 159.04 billion have been proposed in the first four months of the current fiscal year. As of mid-November of the current fiscal year 2021/22, a total of 116 industries both domestic and foreign have been registered with an investment of Rs. 134.86 billion, said...

Community capital creates foundation of socialism, Finance Minister Says

"Ending poverty and inequality, and ensuring social justice are the major issues of the time. Community and community capital should be strengthened by establishing social justice," Sharma added.

Consecutive improvements in CD ratio

According to the monthly “Banking & Financial Statistics” of the Nepal Rastra Bank (NRB), the ratio of the bank and financial institutions (BFIs) recorded 86.98 in mid-August, 87.61 in mid-September, and 88.51 in mid-October.

Rajarani Lake conservation launched

The foundation stone of Rajarani Lake Conservation and Beautification Project at Letang-1 in North Morang, considered the capital of Sunakhari (orchid flower), was laid on Thursday. The Letang Municipality has conducted a detailed feasibility study spending Rs. 168.195 million for three years for the much-awaited project for the development of tourism in the area. The municipality was in discussions with the federal government for the construction of the project for three years.

Cooperative vision paper in offing

The Ministry of Land Management, Cooperative and Poverty Alleviation is preparing a vision paper for the promotion of cooperative sector in the country. Admitting that cooperatives play a key role in the development of the economy, the ministry has taken the initiative. Minister Shashi Shrestha said that the vision paper could aid in the prosperity of the country. Inaugurating the 30th annual general meeting of Nepal Saving and Credit Cooperative Association in Kathmandu on Friday, the Minister...