NEWS

Nepali rupee has fallen to a fresh 28-month low against the US dollar, as the value of the Indian rupee, with which the country’s currency is pegged, took a dip due to growing demand for US dollars.Nepali rupee, which closed at 107.83 against the US dollar today, will open for trading at 108.54 on Saturday, shows the reference rate of Nepal…

Nearly nine months after the April 25 earthquake, the country officially began its reconstruction campaign on Saturday, with the target of starting rebuilding around 1 million quake-ravaged houses and infrastructure from April 24, on the eve of the first anniversary of the disaster that killed nearly 9,000 people. President Bidhya Devi Bhandari…

The government’s plan to put 1,850 new luxury cabs on the streets of the Kathmandu Valley has hit a snag due to trade restrictions at the Birgunj border point.The Department of Transport Management has distributed 1,340 cab licences but only a few vehicles have been imported so far.The scheme aims to offer value for money and a more…

A family can easily earn as much as Rs 600,000 during yarsagumba harvesting season from mid-May to mid-July, making the unique Himalayan fungus a major agent of change in living standard of the country’s rural people, a report released today by Nepal Rastra Bank states.Each piece of harvested yarsagumba yields around Rs 800. This way a…

Ncell has enhanced its service quality and data speed in the Everest region.Issuing a statement, the company said it has started providing services through microwave links. "With the swap, customers now can avail better voice service and data connection speed of up to 21Mbps in the region, where thousands of tourists from around the world visit…

Nepal has been placed at the number one spot in the list of 10 countries to visit this year by UK-based Rough Guides, one of the leading travel publishers in the world.“With varied landscapes -- from the Himalayas to jungles inhabited by tigers, elephants and rhinos -- Nepal should be your first choice for travel in 2016,” Rough Guides said,…

Shanti Bhandari, a housewife from Pepsi Cola, was checking on features of a metallic cooking stove put on display by Foundation for Sustainable Technologies (FoST) at the Renewable Energy Exhibition in Bhrikutimandap.Bhandari, 40, was among hundreds of visitors at the expo on Sunday, desperately looking for a way around the ongoing energy…

Grande International Hospital has begun geriatric medical facilities and home health services.Marking the fourth year of its establishment, the hospital on Sunday launched services led by Dr Sara Chhetry to cater to the need of elderly patients.According to the hospital, Dr Chhetry, who has many years of experience practicing in Canada,…

The severe increment in electricity demand in the past few months has taken a toll over the distribution mechanism of Kathmandu, Lalitpur and Bhaktapur districts with the state-owned utility—Nepal Electricity Authority (NEA)—running out of stock of transformers. Due to a heavy growth in the energy demand, a large number of transformers have gone…

The Kathmandu Metropolitan City is preparing to bring large public buses, including electric ones.“We are preparing to buy 25 large buses for public transport while a high-level team is in talks with the Chinese authorities to bring electric buses from the northern neighbour,” said Gyanendra Karki, chief of the Administration and Organisation…