Kathmandu, October 2 Kamalesh Kumar Agrawal, president of the Nepal Chamber of Commerce, has said necessary legal and policy reforms are needed by prioritising infrastructure development to enhance Nepal’s competitiveness and promote economic development. Agrawal made the remarks at a workshop on…
Kathmandu, October 1 Tourist arrivals to Nepal have improved despite the country facing natural disasters continuously over the past two months. According to the Nepal Tourism Board, 88,248 tourists visited Nepal in September, a 12.1 per cent increase compared with the same month last year…
Floods and landslides have halted trade through Rasuwagadhi-Kerung, Tatopani, and Korala border points. Hundreds of containers remain stranded and supplies disrupted ahead of the festive season.
Kathmandu, September 29 The stock market’s benchmark index fell 9.62 points on Tuesday. Following the decline, NEPSE stood at 2,603 points. Trading volume also declined. Turnover fell from Rs 5.38 billion the previous day to Rs 4.65 billion today. Prices of 69 companies rose while 199 declined…
Kathmandu, September 28 The Nepal Electricity Authority (NEA) plans to import 1,154 megawatts of electricity from India between January and May to meet rising winter demand and offset losses in hydropower generation caused by recent floods and landslides. NEA Managing Director Dirghayu Kumar…
Kathmandu, September 28 The second season of Himalayan Television’s popular reality show Shark Tank Nepal will begin airing shortly after Dashain. At a press conference held at Hotel Everest in Kathmandu on Monday to announce the new season, Dharma Raj Bhusal, chairman and managing director of…
Kathmandu, September 28 Energy, Water Resources and Irrigation Minister Biraj Bhakta Shrestha has said floods and landslides this year have disrupted around 1,000 MW of electricity generation in Nepal’s national power system. Speaking to journalists at the Parliament building in Singha Durbar on…
Kathmandu, September 27 Continuous rainfall since Wednesday night, followed by floods and landslides, has disrupted Nepal’s supply network, with Kathmandu Valley facing growing concerns over cooking gas, vegetables and other daily essentials. The Prithvi Highway and the Nagdhunga-Muglin road…
Kathmandu, September 27 Floods have damaged structures and transmission line towers of the 40 MW Rahughata Hydropower Project in Myagdi, which was recently completed and connected to Nepal’s national power grid. The project, located in Raghuganga Rural Municipality, suffered damage after the…
Kathmandu, September 27 The Nepal Electricity Authority (NEA) has intensified preparations and coordination to maintain electricity supply and quickly restore services in areas affected by damage to power transmission and distribution infrastructure caused by continuous rainfall, floods…
Kathmandu, September 27 Gold and silver prices increased in the Nepali market on Sunday, the first trading day of the week. According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of hallmark gold increased by Rs 700 per tola to Rs 299,300. Gold was traded at Rs…
Kathmandu, September 25 The price of gold fell by Rs 500 per tola on Friday to Rs 298,600, according to the Federation of Nepal Gold and Silver Dealers’ Association. Gold was priced at Rs 299,100 per tola on Thursday. The price of silver also declined by Rs 30 per tola to Rs 4,630. It had