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A cashier displays the new 2000 Indian rupee banknotes inside a bank in Jammu, November 15, 2016. Photo: Reuters Jul 18, 2017- KATHMANDU: Nepalis stand to lose millions of dollars held in high-value Indian bank notes that India banned last year and has yet to exchange, a Nepali central bank official said on Tuesday. Indian Prime […]

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Jul 7, 2017- The Government of Japan has agreed to provide Rs 257 million in grant assistance to Nepal for the implementation of the Project for Human Resource Development Scholarship. The project aims to enhance the capacity of officials of the Government of Nepal by providing scholarship to pursue the five year’s master’s degree programme […]

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Jul 2, 2017- Ousted Spanish contractor for the Tribhuvan International Airport (TIA) improvement project has filed a Rs2.91-billion compensation claim arguing that it had been ‘wrongfully’ fired. The Civil Aviation Authority of Nepal (Caan), the executing agency for the $92-million project, dismissed Constructora Sanjose citing nonperformance last December. The Spanish company filed the claim with the […]

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Jul 3, 2017- Smuggling is gradually evolving into a lucrative business once again in Birgunj with increasing engagement of police officers in suspicious activities that seem to be lifting the morale of those involved in illegal imports of goods from India. Last Thursday, police officers stationed at Parsa took control of four oxcarts filled with […]

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Jul 3, 2017- The Department of Food Technology and Quality Control (DFTQC) has initiated legal action against 246 food enterprises engaged in various malpractices in the first 11 months of the current fiscal year. The cases filed in the first 11 months of the current fiscal year are higher than 206 cases filed in the […]

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Jul 3, 2017- Laxmi Bank has opened its 69th branch in Salli Bazaar, Salyan. The bank will be offering full range of retail banking services customised to meet the needs of individuals and small businesses through the new branch, the second outlet in the district. Laxmi Bank’s network includes 69 branches, 3 hospital service counters, […]

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Jul 6, 2017- The Sajha Yatayat has extended its Swayambhu-Suryabinayak route to Sanga in Bhaktapur that borders with Kavre district. The service was extended on the initiatives of people’s representatives of the Surya Binayak Municipality. Currently the fare from Swayambhu to Suryabinayak is Rs 25 and it will take additional Rs 5 to reach Sanga. […]