Drought Affects Jumla Farmers; Paddy Transplantation Delayed
Drought Affects Jumla Farmers; Paddy Transplantation Delayed
  0   1 minutes 34 seconds to read

Farmers in Jumla district are facing significant challenges due to a prolonged drought, which has caused crops to start drying up in the fields. "This is the season for transplanting millet and paddy seedlings, but we have not even transplanted the millet seedlings due to the drought," said Kishor Rawat, a local resident from Tila Rural…

IRD Reports Increase in Revenue Collection
IRD Reports Increase in Revenue Collection
  0   1 minutes 24 seconds to read

The Inland Revenue Department (IRD) has reported a significant increase in revenue collection over the past few months. According to the latest IRD statistics, revenue collection until June 14 of the current fiscal year has reached Rs 41.19 billion. This represents an 11.30% increase compared to the Rs 37 billion collected during the same period last fiscal…

Low Snow on the Himalayas Threatens Water Security: Study
Low Snow on the Himalayas Threatens Water Security: Study
  0   3 minutes 40 seconds to read

KATHMANDU: Millions of people dependent on Himalayan snowmelt for water face a "very serious" risk of shortages this year after one of the lowest rates of snowfall, AFP reported citing warning issued by…

Bad Debts of BFIs Soar to Highest Level in a Decade at 3.98 Percent
Bad Debts of BFIs Soar to Highest Level in a Decade at 3.98 Percent
  0   3 minutes 7 seconds to read

KATHMANDU: The bad debts of banks and financial institutions (BFIs) have surged to a 10-year peak of 3.98 percent, largely attributed to the economic slowdown following the COVID-19…

Formation of Authority on the Cards to Troubleshoot Issues of Cooperatives
Formation of Authority on the Cards to Troubleshoot Issues of Cooperatives
  0   1 minutes 12 seconds to read

KATHMANDU: Minister for Land Management, Cooperative and Poverty Alleviation Balaram Adhikari has said that the formation of an authority is on the cards to regulate and monitor the cooperatives in all three tiers of government.…

Waiwai Noodles and Goldstar Shoes to Set Up Factories in SEZ
Waiwai Noodles and Goldstar Shoes to Set Up Factories in SEZ
  0   4 minutes 7 seconds to read

KATHMANDU: With the recent legal changes allowing older industries to relocate to the Special Economic Zone (SEZ), established business houses in Nepal are setting up factories within these zones set up with incentives to promote…

Government Investigates BYD Importer on Suspicion of Tax Evasion
Government Investigates BYD Importer on Suspicion of Tax Evasion
  0   6 minutes 9 seconds to read

KATHMANDU: The Revenue Investigation Department has initiated an investigation into Cymex Nepal, the distributor of BYD vehicles in Nepal, on suspicion of tax evasion by misclassifying high-capacity electric vehicles as low-capacity vehicles.…

Monsoon to Spread Across the Country by Sunday
Monsoon to Spread Across the Country by Sunday
  0   47 seconds to read

KATHMANDU: This year's monsoon has already entered the country and is expected to spread across the country by coming…

Sandhikharka-Tamghas Transmission Line Comes into Operation
Sandhikharka-Tamghas Transmission Line Comes into Operation
  0   2 minutes 21 seconds to read

KATHMANDU: Nepal Electricity Authority (NEA) has completed the construction of the 132 kilovolt double circuit transmission line from Sandhikharka Municipality -6 in Arghakhanchi to Resunga Municipality-7 in…

Siddhartha Bank Launches 'Siddhartha Rewards' to Promote Digital Payment

Siddhartha Bank Limited has launched the 'Siddhartha Rewards' plan aimed at promoting digital payments. Under this program, customers can earn reward points when they make purchases using the bank's card or top up through mobile…

NEPSE Declines to Close at 2068.31
NEPSE Declines to Close at 2068.31
  0   58 seconds to read

The Nepal Stock Exchange (NEPSE) experienced a decline of 10.44 points, or 0.50%, closing at 2068.31 on Thursday, the last trading day of the…

Appointment of SEBON Chairman Mired in Controversy
Appointment of SEBON Chairman Mired in Controversy
  0   4 minutes 52 seconds to read

KATHMANDU: The process of appointing the chairman of the Securities Board of Nepal (SEBON) has been mired in controversy, with allegations that the government is attempting to appoint the chairman in collusion with businessmen and political…

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