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India and Nepal seal B2B petroleum pipeline construction deal

India and Nepal have signed an important bilateral agreement on petroleum pipeline construction on Thursday. The agreement was signed by Nepal Oli Corporation (NOC) Executive Director Dr. Chandika Prasad Bhatta on behalf of Nepal and Indian Oli C…

Stalled power export deal with Bangladesh picks up, to be sealed on Thursday

The Nepal government is making preparations to sign a power export deal with Bangladesh on Thursday. A team from Bangladesh has already arrived to this effect, sources have said. Even though the agreements were set to be signed twice earlier, …

Gold price Rs 160,800 per tola today

The gold price has increased by Rs 800 per tola today. According to the Federation of Nepal Gold and Silver Dealers Association (FENEGOSIDA), the hallmark gold which decreased by Rs 500 per tola yesterday has gone down by Rs 800 per tola tod…

Number of flights soar as floods and landslides cripple road transportation.

More than 550 flights are taking place a day from Tribhuvan International Airport (TIA). The number of flights has soared due to the upcoming Dashain festival and the damaged roads caused by the floods and landslides, the airport office has …

Hyundai Motor hits major milestone with 100 million vehicles

Hyundai Motor Company celebrated a significant milestone today, marking 100 million units of global cumulative production. This achievement was accomplished in just 57 years since the company’s foundation, making it one of the fastest in th…

After censure, airliners decide not to impose maximum airfare

The domestic airlines companies will refrain from selling tickets at maximum price for the next three days thanks to the public censure of exorbitant fares. The meeting of the Airlines Operators Association of Nepal (AOAN) that took place on Sund…

Monsoon disasters damage 16 hydropower projects

Landslides and floods induced by incessant rains in the past two days damaged various 16 hydropower projects across the country. According to the Independent Power Producers Association of Nepal (IPPAN), floods inflicted damages on powerhouses, t…

DPM Paudel, Chinese Vice Premier agreed to advance Kathmandu-Kerung railway

Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel and Vice Premier of China Ding Xuexiang have agreed to advance several projects including Kathmandu-Kerung railway. "The two leaders agreed to advance the projects under Trans-H…

Dhorpatan Municipality Mayor, Dev Kumar Nepali, held in New Delhi in coop embezzlement case

Mayor of Dhorpatan Municipality of Baglung district, Dev Kumar Nepali, an individual accused of embezzling cooperative funds, has been arrested. He was arrested in the capital city of India, New Delhi, on Friday and preparations are being made to…

Country receives more foreign exchange reserves

The foreign exchange reserves in the country crossed Rs 2092 billion in the first month of the current fiscal year 2081/082 BS, the Nepal Rastra Bank (NRB) said. In a Current Macroeconomic and Financial Situation report released today, the NRB st…
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