Business & Economy


NEPSE index suffers a modest dip Thursday, September 20th, 2018

KATHMANDU: The Nepal Stock Exchange index has suffered a slight dip today with 3.74 points decline to close at 1255.07. Likewise, the sensitive index, which measures the performance of class 'A' stocks, has also declined 0.51 points to sit at 266.09. The total 215,829 shares of a total of 167..

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Chinese investors urged to spur investment in Nepal

KATHMANDU: Vice-President Nanda Bahadur Pun, who is on an official visit to China, paid a courtesy call on Chinese Vice-Premier, Hu Chunhua, on Wednesday evening. During the meeting, Vice-President Pun said the Nepal-China relation has become as high as the Mount Everest as well as inseparable,..

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Korean Company selected for DPR for Fast-Track Wednesday, September 19th, 2018

KATHMANDU: A South Korean Consultancy Company has been selected to prepare the Detailed Project Report (DPR) of the Kathmandu-Terai Madhesh Fast-Track project, a mega project of national pride and strategic importance. The Nepal Army (NA) had earlier assigned an Indian company named IL and FS but..

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Mustang apples rotting in godowns Tuesday, September 18th, 2018

MUSTANG: Transportation of apples has become a problem with the obstruction in the Beni-Jomsom roadway. The Beni-Jomsom roadway remains obstructed since the past week with landslides, inundation and floods in several locations of the 76-kilometer road. As a result, the apples already harvested and..

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NEPSE sees slight fall Monday, September 17th, 2018

KATHMANDU: The domestic stock market that closed with the records of a double-digit rise on Sunday, the first trading day of the week, suffered a slight fall today. The Nepal Stock Exchange (NEPSE) Index today decreased by 0.31 points compared to the previous day to sit at 1256.40 points. The..

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Janakpurdham-Patna direct bus service starts from Sunday

Ajay Kumar Sah, DHANUSHA: The direct bus service from Janakpur, the provincial capital of Province No 2 to Patna of Bihar State of India has kicked off from Sunday. Province No. 2 Chief Minister Lal Babu Raut flagged off the Janakpur-Patna Bus Service and sent the bus ferrying passengers going to..

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International airlines companies adding flights to Nepal Tuesday, September 11th, 2018

KATHMANDU: International airlines companies have been adding to the numbers of their flights to Nepal one after another after the government announced to celebrate the year 2020 as the Visit Nepal Year. The latest airline to add to its flights is the Salam Air of Oman. The Thailine Air of Thailand..

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NEPSE index continues to dip

KATHMANDU: Nepal Stock Exchange (NEPSE) index continued to be on a downward spiral today with a dip by 8.1 points to close at 1210. The sensitive index, which measures the values of class 'A' stocks, also went down by two points to sit at 256.16. The 11,59,272 shares of a total of 162 companies..

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Langtang Hydel project gets investors Wednesday, September 5th, 2018

KATHMANDU: Langtang Hydropower Project, to be constructed at Gosainkunda rural municipality of Rasuwa district by Multi Energy Development Pvt Ltd, has got investors. Siddhartha Bank, Nepal Credit and Commerce Bank and Janata Bank under the leadership of Sunrise Bank are investing in the 20-MW..

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Nepal-China transit agreement protocol in final phase

KATHMANDU: The meeting of the government officials from Nepal and China to finalize the transit and transport agreement protocol between the two countries kicked off in the capital city Thursday. The discussion moving ahead in a positive manner, said head of the Nepali delegation and Joint..

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Nepal-China third consultative meeting tomorrow Tuesday, September 4th, 2018

KATHMANDU: The third meeting of the officials of Nepal and China to give final shape to the protocol of the Nepal-China Transit and Transport Agreement is beginning here tomorrow. The two-day meeting is expected to finalize the protocol to the Agreement. Joint Secretary at the Ministry of..

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TIA to open for service after disruption for 11 hrs Sunday, September 2nd, 2018

KATHMANDU: The Tribhuvan International Airport remains closed since the past 11 hours, after an aircraft of Yeti Airlines skidded off the runaway last night. The aircraft with call sign 9NAHW was carrying 21 passengers from Nepalgunj to Kathmandu when the mishap took place at 8:30 yesterday..

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Khinumaya desperate to know the status of her missing husband Saturday, September 22nd, 2018

Kashiram Sharma, NEPALGANJ: Nineteen years have gone by since Khinumaya Pathak of Banke has been desperately waiting to know the status of her missing husband. Dhakaram..