Economy

According to the company, a total of 2,784,519 applications were received, but only 68,475 applicants were allotted shares, each receiving 10 units.

Nepal Stock Exchange (NEPSE) on Monday plunged 13.17 points to close at 2,825.23 points.

The Electricity Development Department has already granted approval to the developer, Independent Power Company Nepal, to make this the semi-reservoir based project.

Gold prices dropped by Rs 1,300 per tola, bringing the new rate to Rs 299,700 per tola. On Sunday, gold was traded at Rs 301,000 per tola.

The buying rate of one US dollar stood at Rs 148.39 and the selling rate at Rs 148.99, unchanged from Sunday. In contrast, the euro weakened slightly. The buying rate for one euro dropped to Rs 174.56, with the selling rate set at Rs 175.26. On the previous day, the buying rate was Rs 175.06 an...

The Ministry of Finance (MoF) is considering not including funds under ‘Abanda’ heading, in the budget of the sub-national governments, which is meant for utilizing in cases of unforeseen causes.

In view of rising public concern over fuel prices in the national market, the Nepal Oil Corporation (NOC) has said the retail prices of petroleum products in local markets are determined based on international prices.

A total of 125 contracts run by the Infrastructure Development Office (IDO), Chitwan has come to a standstill due to the rising cost of fuels and shortage of construction materials.

According to the Agricultural Knowledge Centre, Banke, the disease manifests as a white, powdery coating on leaves, flowers and fruits. This leads to premature shedding and significantly reduces production. The Centre has been providing consultations and recommending appropriate pesticides to curb t...

Summit attempts underway, 27 permits issued