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Drake drops new NOCTA x Nike, 8K Peaks apparel collection

Drake has introduced a new NOCTA x Nike apparel, 8K Peaks collection, targeting this winter. Issuing a press note, the company said the new collection including outwear and apparel for colder climates have been unveiled owing to the inspiration o…

NEPSE gains bull run, witnesses 3rd circuit breaker

Nepal Stock Exchange (NEPSE) index has gained a bull run with whopping 111 points on Sunday, the first trading day of the week. With the sudden increase in the share prices, the bench mark index witnessed a circuit breaker for the third time toda…

Rara welcomes over 4,500 tourists in four months

More than 4,500 tourists visited Rara, a famous tourist destination of Karnali Province, from July 17 to November 16, 2023. According to the Rara National Park, as many as 4,611 tourists --4,490 domestic tourists and 96 foreign tourists incl…

High-level panel to probe Ncell share issue begins works

The government has already formed a high-level committee to investigate the matter about the sale of shares of Ncell, the telecommunications service provider, based in Nepal, according to Minister for Communications and Information Technology, Rekha…

NRB reduces bank rate, policy rate, and interest rate

Nepal Rastra Bank (NRB), the Central Bank of Nepal, has reduced the bank rate, the central bank policy rate and interest rates on deposits. Unveiling a quarterly review for the Monetary Policy for the current fiscal year 2023/24 on Friday, the Ce…

Quake-affected to get up to 2.5 mln house loan at 2% premium

The government has said the people hit by the recent earthquake can receive a house loan at the 2 percent premium for the reconstruction of their houses. Unveiling a quarterly review of the Monetary Policy for the current fiscal year 2023/24 on F…

Bangladesh govt approves import of 40MW power from Nepal

The Bangladesh government has officially decided to import 40 megawatts (MW) of electricity from Nepal, the Dhaka Tribune reported. A meeting of the Cabinet Committee on Economic Affairs, which was presided over by Finance Minister AHM Mustafa Ka…

Interim order not to recognize sale of Ncell shares

The Patan High Court has issued a temporary interim order in the name of the company registrar's office not to register the transfer of ownership of the shares of Ncell, a private mobile service provider in Nepal. A single bench of …

Submit details on sale of Ncell shares within 15 days: Finance Committee tells NTA

The Finance Committee under the parliament has directed the Nepal Telecommunications Authority (NTA) to submit the details with factual information within 15 days on the issues relating to sale of Ncell shares. The Committee enquired about the is…

Collection of sale and purchase details of Ncell stakes underway, says company

Ncell Axiata Limited, a private mobile service provider based in Nepal, has said it was collecting documents about the sale and purchase of its share.  It has mentioned this in a letter sent to the Nepal Telecommunications Authority (NTA) af…