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Kathmandu, August 27 The Airlines Operators Association of Nepal has said airlines are continuing to sell tickets at their regular fares, although cheaper ticket categories have sold out due to high demand. The association clarified that airlines are not charging fares above the rates set by the government and are maintaining their regular fares as […]
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Kathmandu, August 27 Nepal’s total foreign exchange reserves rose 45.6 percent year-on-year to Rs 3.897 trillion by the end of the last fiscal year, according to Nepal Rastra Bank. The reserves stood at Rs 2.678 trillion at the end of fiscal year 2024/25. In US dollar terms, the country’s reserves increased 29.8 percent to $25.31 […]
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Kathmandu, August 26 Remittance inflows into Nepal surpassed the country’s total annual budget in the last fiscal year, according to data released by Nepal Rastra Bank on Wednesday. Nepal received Rs2.36 trillion ($16.19 billion) in remittances in fiscal year 2025/26, a 37.1 percent increase from the previous year, the central bank said in its latest […]
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Kathmandu, August 26 Six power transmission lines have been disrupted following the devastating Rasuwa floods, according to the Nepal Electricity Authority (NEA). The floods completely destroyed the 220 kV Trishuli 3B Hub Substation, while damage to transmission infrastructure has disrupted power flow across several lines. The affected transmission lines include: The NEA said some other […]
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Kathmandu, August 26 At least 26 employees of eight commercial banks remain out of contact following the devastating floods that swept through Rasuwa and surrounding areas, according to the Nepal Bankers’ Association. The employees were working at eight bank branches located around the Bhotekoshi and Trishuli river corridors, including in Timure and Syafrubesi, when the […]
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Kathmandu, August 26 The Nepal Truck Transport Entrepreneurs Federation has reported significant damage to cargo vehicles, transport businesses and workers following the flood that entered Rasuwa from the Tibetan side of China. According to the federation, cargo vehicles parked at the Timure customs yard were swept away by the flood. Preliminary reports also indicate extensive […]
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Kathmandu, August 26 The floods that swept through Rasuwa and downstream areas have caused infrastructure damage estimated at around Rs 200 billion, according to Minister for Physical Infrastructure Sunil Lamsal. Responding to questions about the damage caused by Wednesday morning’s flood, Lamsal said preliminary information suggested that infrastructure losses were approaching Rs 200 billion. He […]
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Kathmandu, August 26 Nepal’s stock market fell sharply on Wednesday, with the benchmark NEPSE index dropping 35.92 points to 2,558 points, as shares of hydropower companies were hit following the damage caused by floods in Rasuwa and surrounding areas. Total turnover stood at Rs 4.77 billion, higher than the previous trading session. Of the companies […]
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Kanchanpur, August 26 The number of foreign tourists entering Nepal through the Gaddachowki border point in Kanchanpur has been increasing. According to the Immigration Office, Gaddachowki, the number of tourists entering Nepal through the border point has risen in recent years. According to the office, 1,753 foreign tourists entered Nepal through the border point in […]
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An electric scooter does not begin its journey on an assembly line. It starts with a sketch. For Nepal’s Yatri, the development of its latest electric scooter, the Yatri P-2, began in much the same way. More than two years of research, design, engineering and road testing went into developing a scooter that the company […]
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