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Govt spends Rs 500 million before the commencement of outer ring road project
Published On: May 12, 2024 10:05 AM NPT By: Hari Prasad Sharma
KATHMANDU, May 12: The construction of the outer ring road project, which was initiated by the government to connect the three districts of Kathmandu Valley with the road network, has become uncertain. Even after more than two decades since the discussion of the outer ring road started, the government has not yet taken any decision to forward the project.
Nepali climbers open Everest summit for the season
Published On: May 12, 2024 08:00 AM NPT By: AFP/RSS
KATHMANDU, May 12: Ten Nepali climbers reached the top of Mount Everest late Friday from its southern approach, opening the route for hundreds of summit hopefuls.
Gold price surged Rs 2,500 per tola last week
Published On: May 11, 2024 07:38 PM NPT By: Republica
KATHMANDU, May 11: The price of gold surged by Rs 2,500 per tola (11.6638 grams) in the domestic market last week after the central banks of a number of European countries hinted to reduce their interest rates.
Sarlahi section of east-west electric railway project witnesses 90 percent progress
Published On: May 11, 2024 07:00 PM NPT By: Republica
BARAHATHAWA, May 11: The Sarlahi section of the East-West Electric Railway project has witnessed 90 percent progress in its construction.
2.2 km road waiting blacktopping for over 22 months in Kaski
Published On: May 11, 2024 06:25 PM NPT By: Republica
GANDAKI, May 11: Due to the sheer negligence of the contractor and of oversight bodies, a 2.2 km stretch of road along the mid-hill highway in Kaski district is yet to be blacktopped for nearly two years.
NEPSE lost 33.73 points, while investors lost Rs 52 billion from shares trading last week
Published On: May 11, 2024 05:18 PM NPT By: Republica
KATHMANDU, May 11: Nepal Stock Exchange (NEPSE) lost 33.73 points last week with the delay in the government appointing the chairperson of the Securities Board of Nepal and Nepal Rastra Bank delaying for the third quarterly review of the monetary policy 2023/24.
Ten Sherpa members scale Mt Everest
Published On: May 11, 2024 01:10 PM NPT By: Republica
SOLUKHUMBU, May 11: Ten Sherpa members working on rope fixing for the expedition teams ascended the world's tallest peak Mt Everest.
Sinohydro-Sagarmatha Company appeals struggle committee to settle row
Published On: May 11, 2024 11:00 AM NPT By: Republica
KATHMANDU, May 11: The Sinohydro-Sagarmatha Power Company, the developer of the Upper Marsyangdi-A Hydropower Project, has expressed its serious concerns to the demands put forth by Jalgini-Arkhalebesi Road Upgradation Struggle Committee in the project site in Lamjung district.
Govt decides to accept Rs 1.2 billion in grants from WWF
Published On: May 11, 2024 10:00 AM NPT By: Republica
KATHMANDU, May 11: The government has decided to accept around Rs 1.2 billion in grants through the World Wildlife Fund (WWF) to be received from the Global Environment Facility (GEF).
Nepal's banking industry leads the region in female representation: IFC report
Published On: May 11, 2024 08:00 AM NPT By: Republica
KATHMANDU, May 11: With 46 percent female representation in its entry-level workforce, the banking industry in Nepal is ahead of other countries in South Asia in achieving gender parity. However, only 23 percent of senior management roles are held by women, according to a new International Finance Corporation (IFC) report that examines gender diversity at six leading banks in Nepal.
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