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  • Mango production decreases in Siraha

    Lahan, July 2: Production of mango has decreased in Siraha, known as the capital city of mango, this year. According to the District Agriculture Development Office, the mango production decreased this year due to disease and also due to the fact that the production was high last year. Horticulture officer Bindeshwor Yadav said that 43,428 metric tons of mango was produced in 5,170 hectare of land this year. The production was 42,057 metric tons in 4,950 hectares last year....

    Bank is not a business firm: NRB governor

    Kathmandu, June 30: Nepal Rastra Bank (NRB) Governor Dr. Chiranjibi Nepal has stressed on the need of enhancing the efficiency and transparency of banks and financial institutions. Inaugurating the integrated transactions of the Kumari Bank Limited here on Friday, the central bank governor called on the banks to reach the local levels (village level) as soon as possible since big economic activities are going to take place at the local level and big capital would be required there following...

    Stock brokers halt NEPSE

    Kathmandu, June 29: The domestic share market remained affected today due to protests from the stock brokers. Stock Brokers Association of Nepal obstructed the market, citing the lack of clarity in the provision regarding the pay of value added tax (VAT) while making transactions in the security market. Though the officials of Securities Board of Nepal (SEBON) and Association sat for talks to find a way out to the dispute, the meeting ended inconclusively thus prompting the stock brokers...

    DoI to complete registration process through online

    Kathmandu, June 19: The Department of Industry (DoI), strengthening the capacity of its online service launched four months ago to receive documents for the registration of industry, is to complete the entire registration process through an e-system. Onwards, the verification of documents will take place through the online system and will be forwarded to the authority concerned via the same channel. To date, the e-copies of documents sent to the Department by clients, seeking the registration of their business,...

    Returnee migrants running resort by investing 15 million

    Parbat, June 19: A resort named Blue Angels with the facility of swimming pool, the first of its kind in Dhaulagiri zone, is coming into operation soon as the construction work of the resort has reached the final stage. Three youth from Kushma Bazaar involved in different professions have made a total of Rs 15 million investments for the business venture located at Kushma Municipality-4, Parbat. Alok Shrestha, one of the investors said that very few construction works have...

    Nepse suffers double-digit fall

    Kathmandu, June 18: Having suffered a decline in past few days, Nepal Stock Exchange continued to fall by double-digit today. According to the Nepse, the market slid down by 13.61 points to 1,575 points. A total of 843,912 shares of the total 143 companies were traded worth Rs 590 million, the Nepse said. Sensitive Index has also decreased by 1.95 points. Banking group plunged by 17.4 points, hotel by 18.36 points, development bank by 10.93 points and hydropower by...

    KMC overshoots advert revenue target by a whopping margin

    Kathmandu, June 16: The Kathmandu Metropolitan City (KMC) collected more revenue generated from taxation on adverts than the set target and that too with just one month left till the end of the ongoing fiscal year. The KMC collected Rs 15.5 million more than the set target of Rs 50 million. KMC has so far raised Rs 65.5 million, said KMC Revenue Division Chief, Druba Kafle. Kafle added that the metropolis had collected Rs 41.7 million in the fiscal...

    Over 1,800 cottage and small Industries registered in Kathmandu

    Kathmandu, June 13: A total of 1,819 industries have been registered at the Office of the Cottage and Small Industries, Kathmandu, during 10 months of the current fiscal year. Spokesperson of the Office, Indira Gautam (Khanal) said that 275 industries related to production, 616 related to tourism, 859 related to service, 68 related to agriculture and one related to science and technology were registered. A total of 353 industries were registered in the month of Saun, 351 in Bhadau,...

    NBSM continues monitoring traders’ measurement of products

    Kathmandu, June 9: The Nepal Bureau of Standards and Metrology (NBSM) Regional Office, Balaju has continued taking legal action against traders and businessmen selling products without going through measurement tests. Office Chief Shashi Bhusan Kumar Yadav said, “We have found that many businessmen are selling and distributing products without measurement tests, so we have advanced action against them.” The office collected Rs 9.8 million in revenue from tests and distribution of new permits by May 14 of the ongoing...

    Bardiya farmers attracted to banana farming

    Bardiya, June 8: Farmers of Bardiya are getting attracted towards banana farming lately with the occupation yielding many benefits. As a result, many of the farmers have switched to it. Santosh BK has leased 20 bighas of land and started the farming at Mainapokhar and Dhadhawar. “I have been drawn to the farming as it generates good profits. There is also not the lack of the market,” BK said. Another farmer, who is also involved in the profession, said...

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