ECONOMY, SOCIETY
AIIB to provide $90m loan for 216MW Upper Trishuli-1
AIIB to provide $90m loan for 216MW Upper Trishuli-1
KATHMANDU, June 11: The Asian Infrastructure Investment Bank (AIIB) has approved a loan of up to US $ 90 million for the 216 MW Upper Trishuli-1 Hydropower Project, which is being developed by a Korean joint venture company.
Jun 11, 2019
SOCIETY
Consumers thrashed by staffers of NEA distribution center
Consumers thrashed by staffers of NEA distribution center
BARA, June 11: Consumers, who reached the Kalaiya-based distribution center of Nepal Electricity Authority (NEA) on Monday with their grievances, were beaten up by the staffers.
Jun 11, 2019
POLITICS
SAC tells govt, PSC to scrap vacancies
SAC tells govt, PSC to scrap vacancies
KATHMANDU, June 11: The State Affairs Committee (SAC) of the parliament on Monday directed the government and the Public Service Commission (PSC) to scrap the recently-announced vacancies for civil servants at various local units on Monday.
Jun 11, 2019
SOCIETY
Guthi Bill runs into widespread protests
Guthi Bill runs into widespread protests
KATHMANDU, June 11: A controversial bill on the management of lands belonging to Guthis (religious and social trusts) has drawn widespread criticism, with lawmakers from both ruling and opposition parties demanding its withdrawal.
Jun 11, 2019
SOCIETY
Over 10,000 hectares of forest land encroached upon in Kapilvastu
Over 10,000 hectares of forest land encroached upon in Kapil...
KAPILVASTU, June 11: Over 10,000 hectares of forest land has been encroached upon in the district of Kapilvastu.
Jun 11, 2019
SOCIETY
Yarsa pickers from other districts barred from entering Rukum highlands
Yarsa pickers from other districts barred from entering Ruku...
RUKUM, June 11: There are many highlands in Rukum (West) where people do not really have to seek permission from any authority to pick Yarsa, a prized medicinal fungus. However, various committees are exercising monopoly by charging entry fees and taxing the Yarsa pickers.
Jun 11, 2019
SOCIETY
Water shortage hits villages along East-West Highway in Sarlahi
Water shortage hits villages along East-West Highway in Sarl...
SARLAHI, June 11: Despite being a part of urban Tarai, many villages in the northern parts of Sarlahi are struggling with the scarcity of drinking water.
Jun 11, 2019
ECONOMY
Home Ministry warns against stoppage of industrial transportation
Home Ministry warns against stoppage of industrial transport...
BIRGUNJ, June 11: The Ministry of Home Affairs has issued a minister-level notice to 22 district administration offices including those in Bara and Parsa districts, against stopping vehicles transporting raw materials for production units.
Jun 11, 2019
ECONOMY
Construction of 14 bridges yet to begin
Construction of 14 bridges yet to begin
CHITWAN, June 11: It has already been a year since the completion of Narayangadh-Muglin road expansion, which widened the road to 11 meters.
Jun 11, 2019
ECONOMY
Nepse begins week in the red shedding over 8 points
Nepse begins week in the red shedding over 8 points
KATHMANDU, June 11: Weakness persisted in the local bourse as the Nepal Stock Exchange (Nepse) index stretched its losing streak to five consecutive sessions.
Jun 11, 2019