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Nepal Rastra Bank publishes foreign currency exchange rates

KATHMANDU: Nepal Rastra Bank has published the foreign currency exchange rates for today. According to the central bank, the buying...

Manakamana cable car service continues with alternative parking near Mugling

KATHMANDU: The Manakamana cable car service remains operational and safe despite a landslide affecting the access road below the second...

Floods disrupt 1,000 megawatts of electricity generation in Nepal

KATHMANDU: Incessant rainfall and flooding triggered by the monsoon since Sept. 24 have damaged transmission lines and forced the closure...

Outstanding subsidized loan balance exceeds Rs 32 billion

KATHMANDU: The effectiveness of the government’s subsidized loan program, designed to boost production and employment through interest subsidies, has come...

Finance Minister Wagle leaves for Qatar to attend AIIB annual meeting

KATHMANDU: Finance Minister Dr. Swarnim Wagle departed for Qatar on Saturday evening to attend the 11th annual meeting of the...

Power supply disrupted in Surkhet due to continuous rainfall

KATHMANDU: Power supply in various parts of Surkhet has been disrupted following continuous rainfall. According to the Nepal Electricity Authority...

Power generation halted at Kaligandaki A hydropower plant due to heavy rain

KATHMANDU: Power generation at the Kaligandaki A hydropower plant in Syangja has been suspended following three days of incessant rainfall....

Hemraj Dhakal to sell 2 million shares of Hathway Investment

KATHMANDU: Hemraj Dhakal, a promoter shareholder of Hathway Investment Nepal Limited, has announced his intention to sell 2 million units...

Rahughat Hydropower Project connected to national power transmission grid

KATHMANDU: The 40-megawatt Rahughat Hydropower Project has been connected to the national transmission system. Raghuganga Hydropower Limited, a subsidiary of...