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Sanjen Hydropower Project starts commercial production

The electricity generated from Sanjen Hydropower Project has been commercially fed to the national grid. The 42.5MW capacity Sanjen Project is developed by Sanjen Hydroelectric Company Limited, a subsidiary of Chilime Hydropower Company Limited. …

Former FinMin Pun stresses on increasing investment in job-creating sectors

CPN (Maoist Center) deputy general-secretary and former Finance Minister, Barsha Man Pun, has underlined on ramping up investment in the employment-generating sectors. Addressing a colloquium organized by the CPN (Maoist Center) Baglung Town Comm…

Gold up Rs 200 per tola today

The price of gold, which increased by Rs 400 per tola on Monday, has also increased by Rs 200 per tola today (Tuesday). The gold is being sold for Rs 151,400 per tola today, according to the Federation of Nepal Gold and Silver Dealers Association…

Processed buffalo meat worth USD 1.5 bln to be exported to China annually

A memorandum of understanding (MoU) has been signed between Nepal and private sectors of China to export processed buffalo meat worth USD 1.5 billion annually from Nepal. The Himalayan Food International of Nepal and Shanghai Ziyan Food Company L…

Capital expenditure hits 11%, revenue collection 28% in 5 months

The government's income and expenditure both are weak in the first five months of the current Fiscal Year 2024/25. The government has raised 28 percent of the annual targeted revenue while spending around 30 percent budget as of December 15, acc…

Gold price Rs 150,800 per tola

With the fall in the price of gold in the international market, the price of the yellow metal has decreased in the domestic market as well. The price of gold and silver has seen an average decline today. The price of gold has decreased by Rs 1,200 p…

CAAN to flout Sagarmatha Nat'l Park's decision to ban chopper flights

The Civil Aviation Authority of Nepal (CAAN) has vehemently stated that it will not comply with the Sagarmatha National Park's decision to ban commercial helicopter operations within its territory and buffer zones. Issuing a press note o…

Diesel import from Birgunj decreases

The Birgunj Customs Office informed that diesel import has fallen by 9.41 percent in the first four months of current fiscal year. Revenue has also dropped by 15.16 percent with the decrease in diesel imports. In the four months of the fiscal yea…

Nepal, ADB sign grant agreement of Rs 21.23 bln for two projects

The government of Nepal and Asian Development Bank (ADB) has signed a concessional loan and grant agreement of 157 million US dollar (approximately Rs 21.23 billion) for the implementation of the Mechanized Irrigation Innovation Project (MIIP) and t…

AIDIA and IAIS forge partnership for regional collaboration

The Asian Institute of Diplomacy and International Affairs (AIDIA) and the Institute for Advanced International Studies (IAIS) have joined hands to strengthen regional collaboration between Central and South Asia. A Memorandum of Understanding (M…
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