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In surprise reversal, transport office says it won’t hike fares

Prahlad Rijal 14 Jun 09:53 AM

The move from department officials came after the Acting Prime Minister Ishwor Pokhrel ordered a halt to implementing the revised fares. Read Full Story »

Contractors in firing line as parliamentary committee hints at enforcing new procurement regulations

Prahlad Rijal 01 Jun 08:45 AM

The new regulations state that no contract may be extended beyond half of the original period, preventing norm of indefinite deadline extensions. Read Full Story »

Government revises tax structure and changes income tax slab for salary earners

Rajesh Khanal 30 May 07:33 AM

To encourage transactions under the VAT regime, finance minister announces a 10 percent return if payments are made digitally or through bank cards Read Full Story »

Nepal tourism generated Rs240b and supported 1m jobs last year: Report

Sangam Prasain 27 May 06:00 AM

Apart from traditional leisure destinations like Pokhara and Chitwan, the famous Annapurna Circuit trekking route has been a big draw for domestic adventurers lately.Read Full Story »

Suren J Amarasekera steps down as Ncell managing director

Prithvi Man Shrestha 10 May 07:17 PM

The resignation of the company's top official comes weeks after Ncell’s tax dispute reached the Supreme Court as well as the International Centre for the Settlement of the Investment Disputes in Singapore. Read Full Story »

Row over Thankot-Chapagaun-Bhaktapur transmission line could result in outage in Lalitpur, electricity authority says

Prahlad Rijal 03 May 07:00 AM

According to the electricity authority, it was planning to revive the decades-old project designed to ensure uninterrupted supply of electricity to Kathmandu Valley. Read Full Story »

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 »

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