ECONOMY
Rising domestic demand spurs Nepal to halt electricity exports amid dropping temperatures
Rising domestic demand spurs Nepal to halt electricity expor...
KATHMANDU, Dec 17: With the onset of the dry season i.e. winter, there has been an increase in the demand for electricity in Nepal. The Nepal Electricity Authority (NEA) said that the demand for electricity in Nepal has also increased with the increase in the use of AC, heaters and other devices by...
Dec 17, 2023
ECONOMY
Foreign investment commitment to Nepal surges with a 42% increase in one month
Foreign investment commitment to Nepal surges with a 42% inc...
KATHMANDU, Dec 17: Foreign investment commitment to Nepal has begun to rise after a period of decline, which was attributed to the global financial crisis. In the past month alone, foreign investment in Nepal's industries has surged by 41.83 percent, signaling a positive turnaround.
Dec 17, 2023
ECONOMY
Real estate business marginally increases, Govt raises Rs 3 billion in revenue in Mangsir
Real estate business marginally increases, Govt raises Rs 3...
KATHMANDU, Dec 17: Real estate transactions have seen a marginal increase and the government has generated Rs 3 billion in revenue in the month of Mangsir (mid-November to mid-December) compared to last year. Compared to the previous year, both real estate transactions and revenue have increased.
Dec 17, 2023
ECONOMY
Remittance outflows from Nepal surge by 46 percent to Rs 3.16 billion
Remittance outflows from Nepal surge by 46 percent to Rs 3.1...
KATHMANDU, Dec 17: Amid an impressive growth in remittance inflows, the outflow under the same heading is found to have increased by 46 percent in the first four months of the current fiscal year.
Dec 17, 2023
SOCIETY
Renovation of Swoyambhunath Stupa completed
Renovation of Swoyambhunath Stupa completed
KATHMANDU, Dec 17: The renovation of Swoyambhunath Stupa, a world heritage site, has been completed. The structure was renovated after its pinnacle fell down. According to the locals, a storm damaged the pinnacle which was already rickety after monkeys shook it.
Dec 17, 2023
ECONOMY
NEPSE adds 27.75 points to cross 2,000 points ceiling; daily turnover jumps to Rs 5.157 bi...
NEPSE adds 27.75 points to cross 2,000 points ceiling; daily...
KATHMANDU, Dec 17: Nepal Stock Exchange (NEPSE) on Sunday increased by 27.75 points to close at 2,022.35 points.
Dec 17, 2023
SOCIETY
NHRC urges govt to rescue Nepali citizens involved in Russia-Ukraine conflict
NHRC urges govt to rescue Nepali citizens involved in Russia...
KATHMANDU, Dec 17: The National Human Rights Commission (NHRC) has urged the government to rescue the Nepali citizens who have become involved in the conflict between Russia and Ukraine.
Dec 17, 2023
SOCIETY
Hearing on Ncell share sale case postponed
Hearing on Ncell share sale case postponed
KATHMANDU, Dec 17: The legal representatives of House of Representative member Amresh Kumar Singh, who has been awaiting for a hearing on the case against Ncell’s share sale at the Supreme Court for a week, have themselves postponed the hearing.
Dec 17, 2023
WORLD
WHO team calls Gaza's Al-Shifa hospital a 'bloodbath'
WHO team calls Gaza's Al-Shifa hospital a 'bloodbath'
GENEVA, Dec. 17: The emergency department at the Al-Shifa hospital in northern Gaza, devastated by Israeli bombardments, is "a blood bath" and is "in need of resuscitation", the WHO said Sunday.
Dec 17, 2023
SOCIETY
Nepali serving in Russian army killed
Nepali serving in Russian army killed
KATHMANDU, Dec 17: Bharat Shah, 36, of Tikapur Municipality-1 Durga Nagar, Kailali, who joined the Russian army three months ago, has been killed. The family received the news of his death through a friend who was working in the Russian army on Friday.
Dec 17, 2023