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ECONOMY

Minimum threshold for FDI injection lowered to Rs 20 million...

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KATHMANDU, May 29: The government has revised the minimum threshold for foreign direct investment (FDI) to Rs 20 million from the existing Rs 50 million.
May 29, 2022
ECONOMY

325 kms roads blacktopped, 80 bridges constructed in eight m...

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KATHMANDU, May 29: The blacktopping of roads 325 kilometers in length and the construction of 80 road-bridges were completed in the first eight months of the current fiscal year, 2021/22, according to the Economic Survey Report unveiled by the government on Saturday.
May 29, 2022
My City, Lifestyle, Entertainment, Movies

Home that inspired ‘The Conjuring’ sells for more than $1.5M

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The Rhode Island farmhouse that inspired the 2013 horror movie “The Conjuring” has been sold to a Boston developer who plans to keep it open to the public. The 18th century home in Burrillville sold for $1.525 million on Thursday, far higher than the $1.2 million asking price.
May 29, 2022
ECONOMY

Cabinet approves budget for FY 2022/23

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KATHMANDU, May 29: A Cabinet meeting on Sunday approved the budget for the fiscal year 2022/23. Finance Minister Janardan Sharma will be shortly delivering his budget speech at a joint parliament meeting today.
May 29, 2022
My City, Lifestyle

Weekly love horoscope: May 30 to June 5, 2022, as per astrol...

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Here's what the stars have for your love life. Month of May is ending and this week sees the transition of May to the beginning of June. Life will show some changes but good or bad is up to your stars. Here is what celeb astrologer Pandit Jagannath Guruji has predicted in your weekly love horoscope,...
May 29, 2022
ECONOMY

Nepal’s per capita debt reaches Rs 63,310

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KATHMANDU, May 29: The government’s public debt has reached Rs 1.848 trillion as of mid-March this year, with the government relying more and more on borrowing to meet its financial liabilities due to low revenue collection amid soaring expenditure.
May 29, 2022
SOCIETY

Nepal Army chopper lands at suspected Tara Air plane crash s...

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KATHMANDU, May 29: The Civil Aviation Authority of Nepal (CAAN) has said that a Nepal Army (NA) helicopter that flew in search of the missing Tara Airline aircraft has landed near a possible accident site.
May 29, 2022
My City, Lifestyle, Events, Social

UK to hold days-long bash to celebrate queen’s 70-year reign

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Britain is getting ready for a party featuring mounted troops, solemn prayers — and a pack of dancing mechanical corgis. The nation will celebrate Queen Elizabeth II’s 70 years on the throne this week with four days of pomp and pageantry in central London. But behind the brass bands, street parti...
May 29, 2022
ECONOMY

NICCI elects new executive committee

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KATHMANDU, May 29: The 26th and 27th annual general meetings of Nepal-India Chamber of Commerce & Industry (NICCI) have unanimously elected a president and nine executive members for the next two years. The AGM held in Kathmandu on May 26 elected Shreejana Rana representing Hotel Annapurna unanimous...
May 29, 2022
SOCIETY

Search for missing Tara Air plane underway: Nepal Army

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KATHMANDU, May 29: Nepal Army (NA) has said that the search for the Tara Air plane that went missing this morning while flying to Jomsom from Pokhara is underway.
May 29, 2022
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