KATHMANDU: Almost half of the hydropower companies listed on the Nepal Stock Exchange (NEPSE) are reporting losses in the third quarter of the current fiscal…
KATHMANDU: Almost half of the hydropower companies listed on the Nepal Stock Exchange (NEPSE) are reporting losses in the third quarter of the current fiscal…
June 23: A new helipad has come into operation in Nalinchok of Bhaktapur. Helicopter service providers are optimistic that this development will facilitate helicopter flights.…
Starting from the end of Asar (mid-July), the Manakamana Cable Car will be closed for nearly two months. This closure is to upgrade the cable car's digital system and replace the main cable, said Manakamana Darshan Pvt.…
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…
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…
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…
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…
KATHMANDU: Finance Minister Barshaman Pun has instructed subordinate agencies to motivate taxpayers.…
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.…
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…
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.…
KATHMANDU: This year's monsoon has already entered the country and is expected to spread across the country by coming…
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 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…
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…
