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  • NAC calls bidding for auction sale of aircraft

    Kathmandu, April 11: The Nepal Airlines Corporation (NAC) has announced a global tender for auction sale of its 30-year-old aircraft—Boeing B757-200 9N-ACA. The sale aims to save aviation turbine fuel required to operate the old aircraft and costs required to repair it time and again, said NAC’s Spokesperson Rabindra Shrestha. The NAC has also set the auction price at minimum USD 1.7 million. It costs approximately USD 4 million to purchase a new brand aircraft of its kind in...

    EBC abuzz with arrival of 20 mountaineering teams

    Solukhumbu, April 10: As many as 20 mountaineering expedition teams have arrived at the Everest Base Camp (EBC) looking to climb Mt Everest, Mt Lhotse and Mt Nhutse. Among the expedition teams 16 will scale the highest peak Mt Everest, two Mt Lhotse and two Mt Nhutse. They arrived on Sunday, according to Sagarmatha Pollution Control Committee (SPCC) Programme Official, Kapindra Rai. The SPCC keeps the record of the expedition teams that scale these mountains. The EBC serves as...

    Tourist arrival surges in Annapurna trek route

    Lamjung (Besisahar), April 9: The surge in the arrival of tourists at the Annapurna trek route has been a matter of great joy for entrepreneurs and villagers here. As per the data provided by the Timsa Check Post, Besisahar, more than 2,000 foreign tourists traveled through the Annapurna circuit in the month of March. According to Check Post employee, Mina Gurung, 2,596 foreign tourists traveled through the Annapurna trek route in the month of March alone. Gurung said 100...

    Contractors’ Association Bhaktapur denounces amendment

    Bhaktapur, April 4: The Contractors’ Association, Bhaktapur today submitted a memorandum to the Prime Minister through the Chief District Officer, demanding a correction to the fifth amendment on the Pubic Procurement Regulation- 2007. A team led by Association Chair Niranjan Bajgai met with Bhaktapur’s CDO Drona Pokhrel and handed a memorandum. Prior to this, speaking at a press meet organised at the Association office, Chair Bajgain claimed the fifth amendment made on March 9 bypassing the voices of the...

    NRA launches post-quake grant agreement in districts with minimal impact

    Pokhara, April 4: The National Reconstruction Authority (NRA) has launched the grant agreement process in the 17 districts incurring the least impact of the massive earthquake beginning from Kaski’s Annapurna Village Council on Monday. Authority’s Chief Executive Officer, Prof Dr Govinda Pokharel, launched the grant agreement process by handing over a cheque and agreement paper to Bare BK, a local of the same village, amidst a programme. Around 50 villagers from Lumle have received Rs 50,000 each as part...

    71 MW power generating in Parbat by upcoming 2 yrs

    Parbat, April 3: Parbat district is expected to produce 71 megawatts power in the next two years. The estimated power would be produced from different five projects running in Modikhola and Patikhola. The district now is producing only 25 megawatts power from various projects. Additional 20 megawatts power would be generated from power project constructing in Pardi in the district. The construction works of Modikhola Hydropower has been almost completed and is expected to generate the power in the...

    Nepse clamps circuit breaker

    Kathmandu, April 2: The Nepal Stock Exchange (NEPSE) index today witnessed a dramatic surge by 79.47 points, prompting the market regulator to apply circuit breaker two times. The NEPSE started from 1587 points and reached 1667. Increasing likelihood to hold local level elections and an improvement in credit crunch are said to be behind the increment. A total 1.67 million shares of the total 134 companies were traded involving a cost of Rs 964 million, said the NEPSE. The...

    Nutritious Food Festival kicks off in Bhrikutimandap

    Kathmandu, March 31: A two-day Food Festival aimed at raising awareness on healthy and nutritious food has kicked off at Bhrikutimandap from today. Organized by the Department of Food Technology and Quality Control, Agro Enterprise Centre and Nepal Food Scientists and Technologists Association (NEFOSTA), the event will also publicize the locally available nutritious food items. Visitors could also savour the nutritious food items besides buying food items from altogether 82 stalls displaying food items from hill, mountain and Terai...

    VP Pun inaugurates Flora Expo

    Kathmandu, March 30: Vice President Nanda Bahadur Pun has urged the government to use public lands for productive purpose. While inaugurating the ‘3rd International Flora Expo’ organized in Bhrikutimandap in the capital today, VP Pun opined for promoting and developing ‘flower pocked zone’, aimed at lessening the dependency on importing the flowers and flowery products from foreign lands. Earlier, such kinds of 1st Flower Exhibition was organized in 2001 and 2nd Flora Expo in 2015 in the country. The...

    ADB forecasts 6.2 percent economic growth for Nepal

    Kathmandu, March 28: The Asian Development Bank (ADB) has projected that the country’s economic growth will be between 5.2 to 6.2 percent in 2017. The ADB shared this information organizing a news conference here today. It estimated that the GDP increase in terms of basic price in the Fiscal Year 2017/18 will be that much. The Bank also forecast that the inflation will remain be between 6.0 to 6.5 percent, less than the government target. Although the service sector...

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