Prithvi Highway shutdown puts Kathmandu supplies under pressure
The key route to the capital remains blocked since Wednesday’s Bhotekoshi floods. Falling vegetable arrivals and damaged roads are raising concerns over food and fuel supplies.
The key route to the capital remains blocked since Wednesday’s Bhotekoshi floods. Falling vegetable arrivals and damaged roads are raising concerns over food and fuel supplies.
The government has immediate access to around Rs20 billion from the current fiscal year’s budget for rescue, relief and other emergency needs. Following the devastating Bhotekoshi flood, donations to government relief funds are also pouring in.
Here is a snapshot of what happened at the stock market this week.
A devastating flash flood in Rasuwa has dealt a fresh blow to Nepal’s tourism industry. Experts warn that worsening climate risks in the mountains could make natural disasters an increasingly serious threat to the country’s tourism-dependent economy.
Explaining the mechanism for donating cash and supplies for the Bhotekoshi disaster relief effort, key contacts, and illegal collection drives.
New platforms are targeting time-conscious consumers and small merchants with simpler ways to shop and sell.
The NEPSE index fell 35.92 points, or 1.38 percent, as shares of hydropower and non-life insurance companies came under heavy selling pressure following reports of flood damage to projects in Rasuwa.
Pilgrims, mostly Indian, including 93 Nepalis, were preparing to cross into Tibet on Wednesday when a flash flood swept away roads and infrastructure in Rasuwa.
Nepal’s sugar stocks, once described as sufficient to meet demand for six months, are now under pressure as prices rise and the festive season approaches.
Court says government must ensure farmers are paid on time and warns that agreements should not become a tool to silence those without access to authorities.
The 18th edition of the auto show puts the spotlight on electric vehicles, locally assembled products and Nepal’s potential to develop an automobile industry.
India’s electricity demand is projected to more than double over the next decade, but its rapid expansion of solar, wind, storage and nuclear power means Nepal cannot assume it will remain a captive market for its hydropower.
Buried under liabilities exceeding Rs5 billion, the factory has been unable to pay employees for 17 months.
Imports of makeup, skincare and haircare products reached Rs13 billion in the last fiscal year, with traders attributing rising demand to social media and the growing beauty-service industry.
The four-day event will feature new vehicle brands, locally assembled electric scooters, automotive technologies and special festive-season offers.
Repeated landslides, unfinished roads and weak infrastructure disrupt northern trade, raising costs and limiting Nepal’s exports to China.
NEPSE drops 0.95 percent as weekly turnover rises 15 percent, wiping Rs43 billion off investors’ market wealth, while analysts call for measures to restore confidence and boost demand.
Here is a snapshot of what happened at the stock market this week.
Japan is providing Rs2.73 billion in grants to build a nine-storey control tower and upgrade air traffic management systems at Nepal’s busiest airport.
The first 600 kg shipment is part of a deal to export at least 50,000 kg of ghee a year.