Job-holders will have to deposit portion of salary in account of parents

Kathmandu, Jan 11 The government is bringing legislation requiring job-holders to deposit a certain proportion of their salary in the joint account of their parents every month. Amending the act about elderly citizens, the government has proposed that those having government jobs, or working in a private or organized sector and international organizations mandatorily deposit a certain proportion of their income in the joint account of their parents every month. The Ministry of Women, Children and Senior Citizens had...

NOC slashes aviation fuel prices

Kathmandu,Jan 11: Flying on domestic airlines will be a bit cheaper from Sunday as Nepal Oil Corporation has slashed fuel surcharge following a drop in the price of aviation fuel. The price tag of an average air ticket could drop from Rs 80 to Rs 400 depending on the distance. The new tariff will be implemented from Sunday. NOC, on Thursday, reduced the price of aviation fuel sold to domestic airlines to by Rs 10 per litre to Rs 94.5...

Surendra Paudel appointed NOC MD

Kathmandu,Jan 08:The government has appointed Surendra Prasad Paudel as the managing director (MD) of Nepal Oil Corporation (NOC).The Cabinet meeting on Monday appointed Paudel as MD of NOC on recommendation of the Ministry of Industry, Commerce and Supplies, a minister confirmed with Setopati. Paudel, who resigned from general manager of Udayapur Cement Industries on Monday, is a chartered accountant by training.The ministry had recommended the names of Paudel, Tara Nath Paudel and Anil Kumar Jha for the post after...

Nepal Museum donates to Spinal Cord Injury Network

Kathmandu,Jan 04:Nepal Museum Association Rs. 133,060.000 to Spinal Cord Injury Network Nepal to care patients with spinal cord injury. The Network thanked Nepal Museum Association for generating money to contribute for cause of spinal cord injury. According to a press release, the Network also said that this amount will support its program and facilitate to provide offer service to the needy patients. The money is jointly handed over by founder of Disability Media Foundation Gajendra Budhathoki and Nepal Museum...

Energy Minister discusses cooperation possibilities with US Ambassador

Kathmandu, January 3 Minister for Energy, Water Resources and Irrigation, Barsha Man Pun, has discussed possibilities of cooperation for the development of energy sector in Nepal with the United States Ambassador Randy Berry. The diplomat had gone to the Minister’s office in Singhadarbar on Thursday to discuss various issues of bilateral concern. During the meeting, the Minister appealed to the diplomat to help Nepal get more foreign investment as the country now had an appropriate environment for investors following...

Economic Cooperation Between Sri Lanka And Nepal

Kathmandu,Jan 02:The Embassy of Sri Lanka in Nepal together with Nepal- Sri Lanka Chamber of Commerce & Industry organized a Programme on “Promotion of Economic relations between Sri Lanka and Nepal” at the Hotel Radission on Friday, 28th December 2018. Swarna Perera, the Ambassador and Ramesh Maharjan, President of Nepal- Sri Lanka Chamber of Commerce & Industry graced the occasion. The President of Nepal Association of Tour Operators (NATO), President of Nepal Association of Tour & Travel Agents (NATTA)...

Government to buy 300 electric buses

Kathmandu, December 28 The government has decided to purchase 300 electric buses to ply in Kathmandu. According to Minister for Information and Communication Gokul Baskota, the decision was made in a cabinet meeting. He also said that the government would be investing its own money while purchasing the buses. He added the electric busses would help control the air pollution in the Valley and also hoped it would help promote the use of electric vehicles in the capital. Baskota...

Nepal Expects More Chinese Investment In Infrastructure: Global Times

Kathmandu,Dec 26:Nepal has benefited from China’s economic boom and will pay close attention to China’s investment as relations with its neighboring countries are crucial to Nepal’s overall economic development, said Nishchal N. Pandey, director of the Center for South Asian Studies based in Kathmandu, Nepal. “How to attract Chinese investment is the priority for every new administration of Nepal,” Pandey added. A forum on China-Nepal Business Development was held on December 17 in Beijing, where Nepali Ambassador to China...

Sikta canal construction faulty: Foreign experts find

Banke, December 20 Soil scientists from England and Australia have concluded that the embankment built on the western section of the main canal of the Sikta Irrigation Project caved in because ‘weak’ soil used for its construction. The foreign scientists were called in to evaluate the embankment of the main canal, parts of which collapsed when water was released. The experts inspected the main canal from December 11 to 13. “The scientists went to the field and tested the soil samples from...

We have Rs 3.5b of CMC. There’ll be no financial loss even if it abandons work: Minister Magar

Kathmandu, Dec 20 The government has claimed that the Melamchi Water Supply Project will be completed in time even if the Italian contractor of Melamchi Water Supply Project Cooperativa Muratori e Cementisti (CMC) di Ravenna were to abandon the project. Minister for Water Supply Bina Magar told the Finance Committee of the parliament on Thursday that the ministry is in dialogue with CMC, which is facing bankruptcy, to ensure that the schedule of the project is not affected despite...

FreeCurrencyRates.com

© 2016 The Himalayan News. All Rights Reserved...