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  • Traders hike price of flour and oil in the run-up to Dashain festival

    Kathmandu, September 26 As Nepalis are waiting for their biggest festival of Dashain, traders have hiked the price of daily consumables including flour an cooking oil. Retailers say the prices have skyrocketed in past 10 days. For example, a kilo of refined wheat flour would cost Rs 45 around 10 days ago, now it costs Rs 55. Likewise, the price of non-refined wheat flour has increased by Rs 10 to reach Rs 50. A litre of soyabean oil costs...

    Nepal prepares to give back Budhigandaki Hydropower Project to China Gezhouba

    Kathmandu, September 23 Yet in another controversial decision about an ambitious project, the government of Nepal has initiated a process to assign China Gezhouba Group Company for the construction of 1,200 megawatt Budhigandaki Hydropower Project. A Cabinet meeting held on Friday night directed the Ministry of Energy to revive the conversation with the company in a bid to give the award back. The government spokesperson Gokul Banskota, however, did not make the decision public, apparently fearing criticisms from the...

    Bus ticket booking for Dashain starts after fare hike

    Kathmandu,Sept 23:Naya Patrika, Rajdhani and The Kathmandu Post report that the government has allowed public transport entrepreneurs to raise the fare by 10 per after the transporters denied opening advance ticket booking for upcoming Dashain festival. The decision will come into effect from today. Meanwhile, the government also agreed to form another panel to suggest ‘scientific’ tariff, according to Rajdhani. Naya Patrika has presented the decision as another example of the government’s helplessness in front of the anarchic traders.

    Fuel crisis: Govt sets limits on refilling amount

    File Kathmandu, September 21 After fuel tanker drivers launched an strike demanding amendments to some provisions of the recently introduced criminal code, the government on Friday has set limits on the amount of fuel different vehicles can refill. The government-owned fuel monopoly, Nepal Oil Corporation, has directed operators of fuel stations not to give more than five litre fuel to motorbikes and scooters at one time. Private light vehicles can get 15 litre fuel at maximum. Likewise, public transport...

    Hotel capacity to increase in the Annapurna region

    Pokhara, Sep 19: The capacity of hotels operating inside the Annapurna area is being expanded to address the increased flow of domestic as well as foreign tourists to the region. A total of 26 hotels are currently under operation, targeting trekkers heading to the Annapurna base camp. But they have proved insufficient and hence the Annapurna rural municipality has begun work to expand the capacity of the hotels.  Accordingly, a task force has been constituted to carry out a...

    Country still needs Rs 600 billion for reconstruction

    File: Post-earthquake reconstruction works Kathmandu,Sept 17: Nepal still needs Rs 600 billion more in order to complete the ongoing post-earthquake reconstruction works, Rajdhani reports in a three column story. The report quotes National Reconstruction Authority’s CEO Sushil Gyewali to inform that the Authority is taking initiatives to collect the money from international donors as many of them are yet to implement the promises they made on different occasions.

    PM wants INGOs to concentrate efforts on economic growth

    Prime Minister KP Sharma Oli receives the Lutheran World Federation’s General Secretary Martin Junge at his office on Sunday, September 16, 2018. Photo: LWF Kathmandu, September 17 Prime Minister KP Sharma Oli says international non-government agencies working in Nepal should concentrate their efforts on economic growth of most marginalised people in the society. Receiving the Lutheran World Federation’s General Secretary Martin Junge at his office on Sunday, the Prime Minister said the support provided by INGOs should help them...

    Govt’s fair price shops targeting Dashain-Tihar to come into operation from Sept 28

    Kathmandu, September 13 Like in past years, the government has announced to open fair price shops during the festive season of Dashain and Tihar this year as well. Total 47 such shops will open across the country for one and half months, from September 28 to November 13. The shops will be located at various trade points of Kathmandu Valley, other major cities and some district headquarters. Citizens can buy daily essentials from these shops at subsidised rates, according...

    Spotlight: China’s Belt and Road Initiative offers unique development opportunity: Nepali PM

    Kathmandu, Sept. 13 (Xinhua) — China’s Belt and Road Initiative has offered a unique opportunity for Nepal and China to explore vast potentials for development, Nepali Prime Minister K.P. Sharma Oli said here on Wednesday. Speaking at the inaugural session of the International Conference on “Belt and Road Initiative: Opportunities and Implications for Nepal and the Region” in Kathmandu, the Nepali prime minister said the Belt and Road Initiative can serve as an important catalyst to realize Nepal’s development...

    Over 300 containers stuck halfway as landslide blocks road near Nepal-China border

    A truck preparing to enter into China at Nepal’s boarder to Tibet in Rasuwagadhi. Kathmandu, September 13 Hundreds of containers carrying freight to Nepal have been stuck halfway as a landslide blocked the road connecting Rasuwagadhi border point between Nepal and China and Kathmandu. Acting Chief of the Rasuwa District Police Office, the landslide at Khopangbhir of the district blocked the way for hundreds of vehicles laden with garments, shoes, food items, electric appliances among others. Meanwhile, dozens of...

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