Kalanki Underpass shut temporarily for further construction

Kathmandu, August 22 Traffic congestion along the overcrowded Kalanki area seemed as bad as ever today, less than a week after the country’s maiden underpass was brought into operation, following the decision to temporarily shut it for further construction. Though opening of the Kalanki Underpass had eased vehicular movement for a few days, the project
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Kathmandu, August 20 Remittance recipients in the country will not get payment in real time like in the past as Nepal Rastra Bank (NRB) — the central regulatory and monetary authority — has instructed banks and financial institutions (BFIs) and remittance companies to release the payment to the recipients only after the money is actually
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Kathmandu, August 11 The World Bank Group’s support will increase substantially from 2019 as its board of executive directors have discussed and endorsed the new Country Partnership Framework (CPF) for the next five years (2019-23), according to Finance Minister Yubaraj Khatiwada. “I cannot confirm the exact amount of increment, it would depend on the costing
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Kathmandu, August 11 Due to the stockbrokers manipulating the share market, the country’s sole secondary bourse has not been able to witness any gains in the recent past, as per share market analysts. They also claim that brokers have been doing all they can to hide their weaknesses. And in a way to justify the
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KATHMANDU: The Senior Officials Meeting of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) took place in the capital on Saturday. The meeting was part of preparations to hold the fourth BIMSTEC Summit in Kathmandu on August 30-31. Established two decades ago, the sub-regional body aims to enhance technical and economic
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Kathmandu, August 9 The Nepal Bureau of Standards and Metrology (NBSM) today suspended the Nepal Standard (NS) certification of three firms and registered case at the court after their products were found to be of below the set standard. While the market inspection team of NBSM has suspended NS certification of Narayani Cement Industry (Bara),
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KATHMANDU: A committee formed by the government to hold bilateral talks with India for a comprehensive review of the Nepal-India Trade Treaty is scheduled to leave for New Delhi on Wednesday to hold discussions with the designated officials of the government of India. The Nepali delegation led by Ravi Shanker Sainju, joint secretary at the Ministry
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Kathmandu, August 5 The country’s trade deficit jumped five folds in the last decade as imports have been skyrocketing and exports have slowed to a crawl in the review period. According to the annual trade statistics of last fiscal 2017-18, unveiled by the Department of Customs today, the country imported goods worth Rs 1,243.29 billion
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Kathmandu, August 3 Prime Minister KP Sharma Oli has stressed the need to promote information and communication technology (ICT) sector for Nepal to achieve competitive growth. Addressing the Digital Nepal Conference, organised by the Ministry of Information and Communications (MoIC) here today, Oli said it is only through the optimum use of latest technological innovation
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Kathmandu, August 2 Ministry of Culture, Tourism and Civil Aviation (MoCTCA) today unveiled its five-year roadmap (till fiscal year 2023-24) with due focus on enhancing growth of country’s culture, tourism and aviation sectors. The roadmap was unveiled by MoCTCA Joint Secretary Ghanashyam Upadhyaya. In the cultural front, the roadmap envisions completing reconstruction of all cultural
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