Demand for Nepali coffee on the International Market
JAN 26, 2012, KATHMANDU – Nepal is not a famous coffee producing country in the world but its organic production has huge market demand amid very low production.
Nepal started producing this golden corps just few years ago and introduced in the major market of europe and Asian countries [...]
Google’s autonomous vehicles draw skepticism
“Collision in the Making Between Self-Driving Cars and How the World Works”
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JAN 25, 2012 SANTA CLARA, California – Robotic engeneering and automated vehicle technology is in rising as Google tests its small fleet of self-driving vehicles on California highways, [...]
Wedding-gift and children expo attracted large crowd in the capital
JAN 16, 2012, KATHMANDU – As Wedding season is on in Nepal, The 6th Wedding-Gift Expo along with 5th Children Expo concluded off on Sunday, attracting a large number of visitors.
Wedding is of great significance in all cultures and religions. In Nepal, it is associated with many rituals and traditions.
To [...]
Petroleum shortage In Nepal throws normal life out of gear
JAN 05, 2012 KATHMANDU – Its not a single moment in Nepal that Petroleum Products are shortaged, Many times due to government’s irresponsibility, but most of the time due to price hike in the international market and we could not adjust the same in our market, A recent Protracted fuel shortages [...]
Nepal Rastra Bank urged to allow to keep interest earning accounts
Nepal Rastra Bank one of the oldest building in Nepal
JAN 05, 2012, KATHMANDU – Commercial banks and Finance companies in Nepal have urged Nepal Rastra Bank (NRB) to allow all of them to maintain interest earning accounts in other banks and financial institutions (BFIs). The finance companies [...]
E-cheque clearing Started from today
KATHMANDU, DEC 29 – Long been in study, most of the neiboring countries has used long time back but Nepal has just started to clear International Cheques electronically from Today only as Nepal Clearing House Limited (NCHL) is all set to start the electronic cheque clearing (ECC) system from Thursday.
The [...]
Four VoIP Racketeers Arrested in Nepal
PARSA, DEC 27 – Police has arrested four individuals from Dhobighat, Kathmandu, for their involvement in illegal voice-over internet protocol (VoIP) call bypass operation from the bordering Indian town of Raxaul.
The arrestees—Ranjiv Parajuli, Yuba Raj Bhattarai, Trijal Singh and Dipendra Yadav—were [...]
U.S. Federal Reserve Takes No Action, Citing Signs of Moderate Growth
DEC. 15, 2011 WASHINGTON —The Central Bank Of America, The Federal Reserve said Tuesday that it was closing the books on 2011, maintaining its existing efforts to increase growth but adding no reinforcement amid evidence that the American economy was chugging back toward health.
The central [...]
The Dollar Problem
NOV 21, 2011, Kathmandu – While the global financial markets, led by the one in the US, have seen unprecedented uncertainty and volatility in recent months due to risks emanating from multiple global factors, the US dollar (USD) has performed remarkably well, particularly against emerging [...]
Property Tax Bill Draft ready to implement
NOV 20, 2011, KATHMANDU – Most of the Nepali People in Nepal does not pay any tax amid few rupees as their land tax annually, as remitances are puring into the country, several buildings in a single ownership, and many small business are running but nation is yet to receive its stake from [...]
Former NDB chairman Amar Gurung Arrested
NOV 19, 2011, KATHMANDU – A frudulent Chairman, who was scape for a while from Lawsuit against him for swindling more than 350 Million Rupees from the institution that he was chaired has been arrested by Nepal Police on Friday.
Amar Gurung, former chairman of Nepal Development Bank (NDB), [...]
Oberoi Group sold their share of Soaltee Hotel
NOV 16, 2011 KATHAMNDU – Nepal’s Oldest Luxury five star hotel partnered by one of the biggest hotel chain in the world oberoi group sold their part of the share of the Soltee hotel In a large-scale secondary market sale of stock, Oberoi Hotels Private Limited of India on Tuesday [...]
Dubai Air show begin with huge deal
November 14, 2011,DUBAI UAE – Most comprehensive Dubai Air show begin with the largest commercial deal in the history of Airlines industry.
As Emirates airline placed a blockbuster order for 50 Boeing 777 jetliners at the Dubai Air Show on Sunday, underscoring the confidence brimming among [...]
Public Transport fares up by 9.9 percent
NOV 03, 2011, KATHMANDU, Nepal – After Long strikes and festive season is over, Nepal Government has hiked public transport fares by 9.9 percent in all sectors through out the country effective from today itself.
Due to the frequent increment in fuel prices in the international market, Nepal [...]
Bus accident killed 44 in Sindhuli Nepal
Oct. 13, 2011, SINDHULI Nepal -As Festival season is entertaining through out the nation, but tragic accidents are making our celebration fade. At least 41 passengers were killed and 16 others injured when an overcrowded passenger bus swerved from the road and tumbled on the Sunkoshi River bank at [...]
Steve Jobs No More
Silicon Valley, California, Oct, 06, 2011 – Saddest news to the world of technology, most promising genius of this century and a geek who have vision of new and innovative ideas Steve Jobs dies at the as of 56 years last night due to cancer.
Steve Jobs, the mastermind behind Apple’s iPhone, [...]
