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Preparation for Pokhara-Dehradun direct flight underway

Discussions have gained momentum for conducting direct flights between Nepal and the Indian State of Uttarakhand. Uttarakhand State government has been positive for direct flights between Dehradun and Kathmandu. There is no direct flight to De…

Hot air balloons becoming visible in Pokhara sky

The hot air balloons, which were packed away following the Covid-19 pandemic, have started becoming visible again in the sky of Pokhara. Tomas Olevson, a veteran balloonist, has arrived in Nepal. He is from Lithuania.    The pilot of…

Export decreases 34.9% during first two months of FY 2022/23

Merchandise exports decreased 34.9 percent to Rs.28.68 billion during the two months of 2022/23, as against an increase of 115.4 percent around the same period of the previous year, Nepal Rastra Bank (NRB) stated in its report entitled Current …

Country receives Rs 187 billion remittance

Remittance worth Rs 187 billion has been received in the first two months of the current fiscal year.  As per the data until the second month of the current fiscal year published by Nepal Rastra Bank today, remittance inflow has increased by…

World Cup to collect Rs 720 million in Nepal itself

Cable Television entrepreneurs, Media Hub, the license holder to broadcast World Cup, and television channels have inked a deal to collect additional Rs 500 per setup box for World Cup football. As per the deal inked, private Himalayan Tele…

Export of cement to bring down Nepal’s trade deficit

Nepal was able to export goods worth Rs 2 trillion in the previous fiscal year (2078-79 BS) while the figures of goods imported was put at Rs 19.2 trillion. In the fiscal year 2077/78 BS, the exports of goods had crossed trillions of rupees. Nepa…

US Dollar touches all-time high

The US Dollar is continuously appreciating against the Nepali rupee of late. As per the foreign currency exchange rate determined by Nepal Rastra Bank for today, the buying rate of one US Dollar is Rs 132.54 while the selling rate is Rs 133.14. …

Preparation for Nepal-US direct flight gains momentum

American officials have come to Nepal to inspect Nepal's air security on Thursday. American officials have come to inspect Nepal's airspace as part of preparatory work for a direct flight between Nepal and America. Raju Shrestha, in-ch…

Soaltee Hotel posts a net profit of Rs 301.7 m following exit of its Hong Kong partner

Soaltee Crowne Plaza has improved its financial transaction following the exit of its Hong Kong partner. In the previous fiscal year (2078/79 BS), Soaltee Hotel earned a net profit of Rs 301.7 million after its Hong Kong partner Holiday Inn parte…

NAC furnishes Rs 730.9 m as instalment to Citizens/Employees Investment Fund

The Nepal Airlines Corporation (NAC), has furnished an instalment of Rs 730,900,000 under the debt obligation. The NAC paid the instalment to the Employees' Provident Fund and the Citizens' Investment Fund on Monday (October 17), sai…
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