Gold price exceeds Rs 100 thousandBy RSS
The price of gold exceeded Rs 100 thousand in the domestic market today. According to the Federation of Nepal Gold and Silver Dealers' Association, the fine gold was traded at Rs 100,300 per tola (11.66 grams) today, following a rise of Rs 800 compared to the previous trading day (Friday). Gold and silver outlets remain closed on Saturday.
2,593 foreign tourists arrived in Nepal yesterdayBy TRN Online
2,593 foreign tourists entered Nepal on Saturday, April 9. This is the highest number two and a half years after the COVID-19 epidemic, according to the Immigration Department.
Kechana Kanchenjunga festival beginsBy The Rising Nepal
The ‘Kechana Kanchenjunga Tourism and Film Festival 2078’ began in Ilam, Friday. It was inaugurated by Chairman of the former Constituent Assembly Subas Nembang. Incorporating the areas that lie along the Mechi Corridor in the districts of Jhapa, Ilam, Panchthar and Taplejung, the festival’s inauguration ceremony featured cultural performances representing the Tamang, Sherpa, Rai, Limbu, Magar, Newar and other communities of eastern Nepal.
Karnali Hydropower compensation finalisedBy The Rising Nepal
Compensation has been fixed for the victims of the Karnali Semi-reservoir Hydropower Project, which is being constructed on the Karnali River between Achham and Surkhet districts. The lands of the residents of Dhakari and Turmakhand of Achham affected by the project will be compensated by classifying them into two groups. The compensation amount is determined by the recommendation committee chaired by the Chief District Officer dividing cultivated and non-cultivated land.
Economy is not in shambles as rumoured, Minister Jhakri saysBy RSS
At a programme in the Capital City on Saturday, Minister Jhakri said it was not unusual to have a trivial pressure on economy. "Country' economy is not in crisis as rumoured in the market. The situation is not panicking," she stated
204 climbers receive permits to climb Mt EverestBy TRN Online
This spring, 204 climbers from 42 countries, including Russia, will climb Mt. Everest. According to the Department of Tourism, a team of 204 people, including 14 from Russia, had obtained permission to climb Mt. Everest.
6,400 meters of Everest climbing route constructed so farBy TRN Online
The construction of this year's Everest climbing route has been completed up to 6,400 meters. According to Chhiring Sherpa, Chief Administrative Officer of the Everest Pollution Control Committee, a team of icefall doctors fixed the rope to the second camp at Khumbu Icefall, which is considered to be the most dangerous route.
Realme to launch budget phone Narzo 50 in NepalBy The Rising Nepal
Realme is launching a new budget smartphone, Narzo 50, in Nepal. Similarly, it will be introducing the most stylish entry-level smartphone, the Realme C35. Realme Narzo 50 will be the most stylish entry level phone with flagship level 50MP camera and will have the best performance in segment as well as the most durable quality in segment with dual certification, said the company in a statement on Thursday.
NAC extends concessional flights in KarnaliBy The Rising Nepal
The Nepal Airlines Corporation (NAC) has extended concessional flights to four mountainous districts of Karnali Province. The national flag carrier started flights to Dolpa from Thursday. The services have been extended in an effort to mitigate the inconvenience people there have been facing for long. Kiran Man Shrestha, chief of Civil Aviation Authority, Nepalgunj, said that the flight had extended concessional flights to four districts of Karnali out of a total five and that Kalikot is the...
NADA urges PM to work for opening LC to import vehiclesBy The Rising Nepal
The delegation of NADA Automobile Association of Nepal has met Prime Minister Sher Bahadur Deuba and requested to work towards opening letter of credit (LC) needed to import vehicles. A business delegation led by NADA President Dhrub Thapa called on the Prime Minister on Friday and asked him to immediately address the issues of unexpected closure of LC for the import of automobiles.
Country’s economy won't face tailspin as that of Sri Lanka: Minister SharmaBy RSS
He ruled out the comparison between the two countries given their different kind of economies because there are differences in the structures of our production and foreign loans. “Despite this, a section of people has been trying to create havoc. We all together should foil their attempts.”
A quarter capex in 9 months, 2% more than that of past FYBy TRN Online
According to the data of the Financial Comptroller General Office (FCGO), the government spent Rs 96.2 billion until the first week of April 2022 out of the yearly target of Rs 352.9 billion.
Gold price up Rs 500By RSS
The price of hallmark gold has jumped up Rs 500 per tola (11.66 grams) to reach Rs 99 thousand 500 in the domestic market today. It was traded at Rs 99 thousand per tola yesterday.
Experts stress sustainable mgmt of water, energy and foodBy The Rising Nepal
The climate of Nepal is dominated by monsoons and about 80 per cent of annual precipitation occurs during the summer monsoon, which is the reason the country is forced to deal with disasters such as floods and landslides, experts said. Speaking at a workshop on “CGIAR NEXUS Gains Initiative Inception Workshop” led by the International Water Management Institute (IWMI) on Wednesday, experts highlighted the country will have water scarcity for nearly eight months and Nepal’s water security...
Minister Bhusal urges for cooperation from private sector in building prosperous NepalBy TRN Online
Inaugurating the second annual general assembly of the Lalitpur Chamber of Commerce and Industry here today, Minister Bhusal reiterated the government's goal for economic development by adopting a three-pillar economy policy by forging partnerships between government and private sectors.
NMA, ICIMOD tie up for strategic partnershipBy The Rising Nepal
Nepal Mountaineering Association (NMA) and International Centre for Integrated Mountain Development (ICIMOD) agreed to work jointly for the betterment of mountains and mountain environment. A memorandum of understanding (MoU) was signed to this effect on Tuesday.
Cooperatives in budget priority: Minister SharmaBy The Rising Nepal
Minister for Finance Janardan Sharma said on Wednesday that homework is being done on budget giving priority to the cooperative sector. Speaking at a pre-budget discussion held at the ministry on Wednesday with the stakeholders and entrepreneurs of the cooperative sector for formulating the policy programme and budget for the coming FY 079/80, Minister Sharma said that efforts would be made to formulate the budget by collecting suggestions from all sectors.
Hatchery industry in trouble due to power outageBy The Rising Nepal
The hatchery industry, which produces chicken fowls, has been directly affected by the unannounced load shedding in the industry. The production of chicken fowls has declined by half due to the load-shedding and price hikes of petroleum products, said entrepreneurs. The DP Hatchery Industry located at Rambag in Bharatpur has the capacity to produce up to 40,000 chicks per week under normal conditions. But now, the hatchery has not been able to produce even 5,000 chicks a week, said Hatchery operator...
ADB estimates Nepal GDP to grow by 3.1%By TRN Online
The Asian Development Bank (ADB) has projected that Nepal's gross domestic products (GDP) will grow by 3.1 per cent in this fiscal year, 2021/022.
Minister Bhusal emphasizes water resources' multiple usageBy RSS
At a programme organized by the Department of Water Resources and Irrigation and various research organizations related to the water resources sector here today, Minister argued that natural resources were the mainstay of socio-economic development of the country and drew the attention of stakeholders agencies towards proper utilization of the natural resources.