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PM Dahal hints at unveiling large budget size for next FY, breaching the ceiling fixed by NPC

Published On: May 5, 2024 08:05 AM NPT By: Republica

KATHMANDU, May 5: Finance Minister Barshaman Pun has reiterated his stance of announcing the budget for the upcoming fiscal year within the ceiling provided by the National Planning Commission (NPC), but Prime Minister Pushpa Kamal Dahal seems to be on the side of breaching the threshold given by the NPC.

Price of gold and silver experiences fluctuations throughout this week given instability of conflict in Middle East region

Published On: May 4, 2024 07:55 PM NPT By: Republica

KATHMANDU, May 4: The price of gold experienced fluctuation in the global market this week. On Friday, the price of gold surged by $13 to $2,316 per ounce.

Stock Analytics Software ‘gaining popularity’ in Nepal

Published On: May 4, 2024 05:58 PM NPT By: Republica

KATHMANDU, May 4: Stock Analytics Software (SAS), a web-app based stock market analytical platform developed by Source Code Pvt Ltd, has been reshaping the Nepali share market landscape following its launch in the market, claimed the developer.

NEPSE added 33.03 points, while investors gained Rs 52 billion from shares trading last week

Published On: May 4, 2024 05:25 PM NPT By: Republica

KATHMANDU, May 4: Nepal Stock Exchange (NEPSE) gained 33.03 points last week despite investors holding low confidence towards the country’s only share market.

Govt to take concessional loan of Rs 13.33 billion from World Bank

Published On: May 4, 2024 03:55 PM NPT By: Republica

KATHMANDU, May 4: The Government of Nepal is going to take concessional loan worth Rs 13.33 billion from the World Bank.

38.16 MW project proposal put forward at Gaindakot to generate electricity from Kali Gandaki river

Published On: May 4, 2024 12:55 PM NPT By: Republica

KATHMANDU, May 4: A proposal for the construction of a 38.16 megawatt Kalika Gandaki hydroelectric project has been put forth in Devghat, Tanahun, and the Gaindakot area of Nawalpur, utilizing water from the Kaligandaki River to generate electricity.

Govt reduces fiscal equalization grant by Rs 317.4 million in Makwanpur

Published On: May 3, 2024 06:12 PM NPT By: Republica

HETAUDA, May 3: The fiscal equalization grant (FEG) allocated for the local governments in Makwanpur for the fiscal year 2023/24 has been reduced.

Flight operations again halted at PRIA on Friday

Published On: May 3, 2024 04:30 PM NPT By: Santosh Pokharel

POKHARA, May 3: Flight operations at the Pokhara Regional International Airport (PRIA) have been halted once again. Despite resuming on Thursday after a week-long interruption due to haze, flights were halted again on Friday.

Gold price decreases by Rs 1,100 per tola

Published On: May 3, 2024 11:46 AM NPT By: Republica

KATHMANDU, May 3: The price of gold has decreased by Rs 1,100 per tola in the domestic market on Friday.

Nepal will need an investment of Rs 6.1 trillion to produce 28,500 MW of electricity by 2035

Published On: May 3, 2024 08:05 AM NPT By: Hari Prasad Sharma

KATHMANDU, May 3: The government has set a target of producing about 28,500 megawatts of electricity in the country within the next decade. Sector experts have estimated that about Rs 6.1 trillion of capital is needed to produce electricity to meet this target.

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