Page last updated at 2015-03-04 07:27:03 RSS
  BUSINESS & ECONOMY
Balaji Gold Investment Swindles Depositors
TEKENDRA BASYAL
KOHALPUR, March 4: The promoter of Balaji Gold Investment, Kohalpur, have decamped after mobilizing around Rs 7 million from more than 600 people.

Balaji collected the amount by luring people with attractive interest rates and schemes like ‘saving for jewelry’. The company had promised 12.5 percent interest rates to the depositors. It had also announced up to 60 percent discount on purchase of gold and gold jewelry after a year. The company had been collecting Rs 1,000 per day from depositors for the past many months.
MoI, MoAD Proposes MoF To Pay Rs 600m To Sugarcane Farmers
REPUBLICA
KATHMANDU, March 4:The Ministry of Industry (MoI) and Ministry of Agricultural Development (MoAD) have jointly proposed to the Ministry of Finance (MoF) to provide incentive of Rs 25 per quintal to sugarcane farmers.

The two ministries made the proposal after sugar mills told farmers that they won’t be able to give continuity to incentive of Rs 25 per quintal to the farmers. The mills had been giving the incentive to farmers since 2009 in a bid to encourage sugarcane production.
Birgunj Contractors Oppose Attempts To Award Contract Sans Bidding
RITESH TRIPATHI
BIRGUNJ, March 4: Local contractors have accused the Parsa Division Office of Department of Urban Development and Building Construction (DoUBC) of trying to award contracts of two road projects without publishing tender notice.

The blacktopping and road upgradation projects are worth around Rs 2.53 million.
Beema Samiti Asks Insurers To Open Offices In 3-5 Districts Each
SAGAR GHIMIRE
KATHMANDU, March 4: In a bid to make crop and livestock insurance service available across the country, Beema Samiti (BS) has made it mandatory for 17 non-life insurance companies to open their offices in three to five districts each to offer crop and livestock insurance services to farmers.

The new arrangement will make agro insurance services available in 73 districts. Beema Samiti has not made it mandatory for non-life insurance companies to show presence in Kathmandu and Bhaktapur where their concentration is already height.
Dhakal Elected CAN Federation President
REPUBLICA
KATHMANDU, March 2: Binod Dhakal has been elected for a new term as the president of the Computer Association of Nepal (CAN) Federation.
In the election for the new executive committee held in Kathmandu on Saturday and Sunday, all members of Dhakal panel"s, except for the district members, won.

Dhakal and Narayan Neupane, incumbent second vice president of CAN Federation, had vied for the federation"s top post, fielding their respecting panels in the election.
More Headlines:
  • Pashupati Paints hands over prizes to festive scheme winners
    REPUBLICA
  • Qatar Airways doubles entertainment videos on board
    REPUBLICA
  • Erratic power supply affects Dhangadhi locals, industries
    REPUBLICA
  • Draft bill to amend cooperatives act ready
    SAGAR GHIMIRE
  • Govt mulls action against transport entrepreneuers not implmenting revised fare
    REPUBLICA
  • India agrees to allow Nepal to execute Hulaki Rajmarga project
    REPUBLICA
  • NRB writes DRI to probe deposits by Nepalis in Swiss banks
    SAGAR GHIMIRE
  • New features to be added in Nepal Telecom app
    REPUBLICA
  • Limited edition Johnnie Walker Blue Label
    REPUBLICA
  • NPCCI established
    REPUBLICA
  • More Headlines»  
     
     

    RECOMMENDED


     

    Parties in government run parallel governments


     

    Delusion of governance


     

    Acid victim Sangita wants the attacker to go through same ordeal


     

    Living a life of second-class citizen


     

    Okharpauwa locals obstruct garbage dumping

    POPULAR

     

    Sagoon.com to reward $5 to users opening account

     

    Hunt for acid attacker intensifies

     

    Court slaps 7-year jail term on Canadian pedophile

     

    The Dogman of Bhaktapur

     

    When neighbors jostle

    Weather

    KATHMANDU
    Low 9oC
    High 24oC
    Sunrise 6:24 am
    Sunset 6:06 pm

    Archives

      Daily News
      Photo Gallery