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Gold price at fresh all-time high

Kathmandu, February 19 With the coronavirus epidemic sending shockwaves around the world, gold price in the domestic market scaled to a new peak of Rs 77,100 per tola today. According to the Federation of Nepal…

MoF mulls hybrid annuity in infra sector

Kathmandu, February 19 To make contractors more responsible, the government is preparing to introduce a provision whereby the contractors will be made accountable for the project they have developed for up to 10 years after…

Jumla exports 61 types of herbs

JUMLA: Jumla district has exported 183,131 kilograms of herbs of  61 types in the first six months of the current fiscal year. According to the District Forest Division Office Ranger Khadka Mahatale, a revenue of…

Government to replace wooden utility poles

Kathmandu, February 18 The government has started to remove the wooden electric poles and replace them with metal and concrete utility poles to minimise the risks to people. Responding to the questions posed by members…

Importers fined Rs 3.3 million

Kathmandu, February 18 The Department of Commerce, Supplies and Consumer Protection (DoCSCP) has collected a total of Rs 3.3 million in penalty from the distributors of fake Garima paddy seeds. However, a probe committee formed…

Nabil Bank inks MoU

KATHMANDU: Nabil Bank Ltd and Bhaktapur Chamber of Commerce and Industry (BCCI) jointly conducted an interaction programme in Bhaktapur on Tuesday, in which Anil Keshary Shah, CEO of Nabil Bank, and Pradip Shrestha, president of…

Nepal to be promoted as ‘coronavirus-free zone’

Kathmandu, February 18 The Ministry of Culture, Tourism and Civil Aviation (MoCTCA) today declared that Nepal is free from coronavirus and asked related government agencies to accelerate efforts to promote country’s tourism in the international…

Election fever starts gripping FNCCI

Kathmandu, February 18 Along with industrialists making public their plans to vie for different executive committee posts of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) in the upcoming election, election fever has…

US judge rejects Huawei challenge to federal law restricting its business

A federal judge in Texas on Tuesday rejected Chinese telecommunications equipment maker Huawei Technologies Co Ltd’s constitutional challenge to a US law that restricted its ability to do business with federal agencies and their contractors.…

Hatcheries hike price, poultry farmers cry foul

Kathmandu, February 18 Poultry farmers have sought government intervention against ‘arbitrary’ price hike of chicks by hatcheries. Submitting a memorandum today to the Department of Commerce, Supplies and Consumer Protection, the Poultry Farmers Struggle Committee…