Kathmandu (Photos)

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Kathmandu. The scene of Kathmandu Valley on the evening of Laxmi Puja is shimmering. KATHMANDU — The Kathmandu Valley is illuminated with lights on the eve of Laxmi Puja.

1,813 MW of electricity in demand for Laxmi Puja

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Kathmandu. On the day of Laxmi Puja, the highest domestic demand for electricity in Nepal reached 1,813 MW. Nepal has exported 587.30 MW of electricity by meeting the domestic demand. According to the data of the Nepal Electricity Authority, the[...]

Attack on Riyadh’s financial sector, damage to Tower of Aram

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Kathmandu. The attack on the financial sector of the Saudi capital Riyadh comes shortly after the Saudi-led coalition announced that the missiles fired by Yemen's Houthi rebels had been neutralized. The attack damaged the Aramco Tower there, witnesses told AFP[...]

Prabhu Mahalaxmi Life Insurance Company Earns 45.88% Profit

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Kathmandu. Prabhu Mahalaxmi Life Insurance Company has published its unrevised financial statements for the first quarter of the current fiscal year 2083/84. According to the financial statements, the company has earned a profit of Rs 9.30 crore till September of[...]

Iran says two oil tankers catch fire in Hormuz

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. Iran's Islamic Revolutionary Guard Corps (IRGC) said two oil tankers caught fire after a naval landmine hit a mine in the Strait of Hormuz. According to the state-run IRNA news agency, the IRGC said on Sunday that the tankers[...]

IME Life Insurance Fund Closes to Rs 20 Billion, What Are Other Indicators?

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Kathmandu. IME Life Insurance Company has released its financial statements for the first quarter of the current financial year. The company has earned a net profit of Rs 14.12 crore in the first quarter of the current financial year. The[...]

Workers’ Wages and Social Security Procedures Approved, What Do Workers Get? (Full Text)

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Kathmandu. The government has approved the 'Work Procedure on Remuneration and Social Security of Workers Involved in Public Procurement, 2083'. {{TAG_OPEN_div_137} The working procedure has made legal provisions to ensure fair wages, social security and labor rights to the workers[...]

Citizens Bank’s net profit declines to Rs 10.77 crore

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Kathmandu. Citizens Bank has released its financial results for the first quarter of the current fiscal year. In the first quarter of the current financial year, the bank earned a profit of Rs 10.77 crore. In the same period of[...]

Ex-Finance Minister Poudel’s 7 suggestions in budget: Don’t make budget worrying about local and provincial elections.

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Kathmandu. Former Finance Minister Bishnu Prasad Poudel has given more than half a dozen suggestions for the budget that the government is preparing for the coming fiscal year. Speaking at a discussion held at the Finance Ministry today, he said[...]

Dipendra Agrawal’s illegal share trading with the law in his hands, who supported the investors by spreading confusion?

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Kathmandu. Dipendra Agrawal, who has been enjoying share trading against the law, has been exposed to fraud. He is found to have been defrauding social media, brokers and about one and a half dozen people. Agrawal, who was arrested by[...]

Mobility sector contributes significantly to economic growth and employment: NAIMA Chair Baidya

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Kathmandu. President of Nepal Automobile Importers and Manufacturers Association (NAIMA) Ritu Singh Baidya said that the mobility sector is an important engine of Nepal's economic growth and job creation. Naima Chairperson Baidya said the sector has directly and indirectly employed[...]