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Early breakthrough in Bheri Babai tunnel sets a milestone--and a lesson for other lagging national projects

Prahlad Rijal 17 Apr 07:00 AM

The tunnel with a capacity to divert 40 cubic metres of water per second will be used to irrigate 51,000 hectares of land throughout the year in Banke and Bardia districts and generate 46 megawatt electricity. Read Full Story »

Anuj Kumar Adhikari 06 Mar 07:40 AM

Nepal and Bangladesh signed a pact on Double Tax Avoidance Agreement (DTAA) at Ministry of Finance in Kathmandu on Tuesday. Read Full Story »

Indian government approves proposal to build transmission line in Nepal

Bibek Subedi 02 Mar 08:31 AM

The Indian government has approved an investment proposal to build a transmission line in eastern Nepal to evacuate the electricity generated by Arun-3 Hydropower Project being developed by an Indian state-owned company. Read Full Story »

Traveller Assist under the scanner; action against fake rescue operators soon

Sangam Prasain 30 Jan 08:38 AM

The Tourism Ministry on Tuesday called an emergency meeting with key stakeholders to prevent the possible spread of multi-million dollar insurance scams involving bogus rescues amid worries that such fraudulent activities may dent the county’s burgeoning tourism industry. Read Full Story »

 Regulator says gas bottling plants flouting safety rules

Rajesh Khanal 30 Jan 08:38 AM

Most of the gas bottling plants have not been following safety measures putting consumers at high risk of suffering injury or even death due to unsafe cylinders, the Nepal Bureau of Standards and Metrology said after making several market inspections. Read Full Story »

Renault updates Duster with RXS trim in Nepal

Post Report 30 Jan 08:38 AM

Advanced Automobiles, national distributor of Renault passenger vehicles in Nepal, has launched the Renault Duster RXS in petrol variant. The introductory price of the vehicle is Rs4.35 million. Read Full Story »

Industrialists go on warpath against high interest rates

Bibek Subedi, Leela Ballav Ghimire 29 Jan 09:53 AM

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Stockbrokers rush to expand branches

Rajesh Khanal 29 Jan 09:53 AM

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Chopper firms deny involvement in rescue scam

Sangam Prasain 29 Jan 09:53 AM

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Trendy coffee shops take Kathmandu by storm

Krishana Prasain 29 Jan 09:53 AM

Coffee consumption has increased in urban areas in recent years due to increasing incomes and growing number of coffee lovers. This has boosted the coffee business with coffee shops popping up in every nook and corner of the city. Read Full Story »

Electric scooters yet to gain traction in Nepal

Krishana Prasain 28 Jan 07:53 AM

While more people are making the switch to electric scooters as the cost savings over their petrol powered brethren are substantial, they have failed to set the sales chart on fire. Read Full Story »

5 foreign firms interested in reviving Janakpur Cigarette Factory

Ajit Tiwari 28 Jan 07:50 AM

Five foreign investment firms have shown interest in reviving state-owned Janakpur Cigarette Factory which was once the leading cigarette manufacturer in the country. The company has remained closed since 2011 after sinking into a mess due to political interference, mismanagement and overstaffing. Read Full Story »

Power generation by domestic hydropower plants down 24pc

Bibek Subedi 27 Jan 08:16 AM

Electricity generation by domestic hydropower projects has gone down significantly over the last month due to a sharp drop in water level in the river basins where the majority of the projects are located. Read Full Story »

Cross-border Nepal-India petroleum pipeline project back on track

Post Report 27 Jan 08:16 AM

Nepal Oil Corporation has expedited construction of the cross-border Nepal-India petroleum pipeline project which had stalled due to a forest clearance issue. Read Full Story »

Farmers face shortage of chemical fertiliser

Shankar Acharya 26 Jan 10:19 AM

Farmers are facing a shortage of urea at a time when winter crops are in dire need of chemical fertiliser. Lack of urea at the warehouse of state-owned Agriculture Input Company for the last three weeks is likely to affect the productivity of wheat. Read Full Story »

Cabinet puts appointment of Electricity Regulatory Commission officials on hold

Bibek Subedi 25 Jan 09:05 AM

The Cabinet has stalled the Energy Ministry’s plan to appoint former energy secretary Anup Kumar Upadhyay as chair of the Nepal Electricity Regulatory Commission. The Commission is a powerful body that will oversee the country’s energy sector, fix the electricity tariff, set construction standards for power infrastructure and take over other vital functions. Read Full Story »

Post Report 25 Jan 09:05 AM

Japan has agreed to enter into cooperation on developing Nepal’s agricultural sector for the first time. Japan has been supporting Nepal in various sectors including education, infrastructure, civil aviation and hydropower. Read Full Story »

Anti-graft body opens detailed investigation on Airbus A330 deal

Post Report 25 Jan 09:05 AM

The Commission for Investigation of Abuse of Authority has opened a detailed investigation into alleged financial irregularities in the procurement process of two wide-body Airbus A330 jets. Read Full Story »

Integrated check post hindered by bad road

Post Report 24 Jan 09:08 AM

Nepal’s only integrated check post in Birgunj, Parsa district is not functioning at full capacity even one and a half years after opening due to delays in widening the road linking it to the dry port. Read Full Story »

Nepal Airlines to auction last B757 after engine overhaul

Sangam Prasain 23 Jan 09:01 AM

Nepal Airlines Corporation will retire its last Boeing 757 after doing an engine overhaul, technically known as C-check, as this can significantly affect the aircraft’s resale value. Read Full Story »

Authorities clamp down on poultry smuggling

Shiva Puri 23 Jan 09:01 AM

Local authorities are clamping down on poultry smuggling from India which has grown in recent years. Read Full Story »

Nepal, India air route talks keep going round in circles

Sangam Prasain 22 Jan 07:32 AM

Nepal and India made little progress at the highly anticipated air route talks held in Mumbai, India last week. Nepal has been badgering the southern neighbour to grant air entry points through the L626 Mahendranagar route and Nepalgunj to facilitate aircraft movement to the two upcoming international airports in Bhairahawa and Pokhara. Read Full Story »

Two oil pumps found guilty of tampering

Post Report 21 Jan 09:36 AM

Nepal Bureau of Standards and Metrology has barred two petrol pumps based in Kathmandu, Maitidevi Oil Stores and Chuchhepati Oil Stores, from conducting their business after they were found tampering the official seal imposed on fuel dispensers of the gasoline stations.  Read Full Story »

Arun III Hydropower Project about 15 percent complete

Deo Narayan Sah 21 Jan 09:36 AM

The Arun III Hydropower Project in eastern Nepal is about 15 percent complete. Construction of the $1.4 billion plant began on May 12 last year. India’s SJVN Arun III Power Development Company is building the 900 MW run-of-the-river type project on the Arun River in Sankhuwasabha district. Read Full Story »

Thai firm likely to get contract for Bhairahawa airport second phase

Sangam Prasain 20 Jan 07:26 AM

Aeronautical Radio of Thailand is likely to win the bids for the installation of communications, navigation and surveillance (CNS) and air traffic management (ATM) systems at the Gautam Buddha International Airport project in Bhairahawa.  Read Full Story »

Remittances surge 32pc despite drop in migrant outflow

Bibek Subedi 20 Jan 07:26 AM

The current fiscal year looks good for the remittance industry despite the continuous fall in number of workers going abroad for employment. Read Full Story »

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