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Nepal witnesses significant growth in internet services 27 Aug 2013 | 12:23 am
The country has witnessed significant growth in internet services in last five years. At the end of the last fiscal year (mid-July), data penetration reached 26.10 percent with total subscriber base t...
Petroleum continues to top import list; vehicles follow 26 Aug 2013 | 12:04 am
Nepal spent Rs 257.66 billion to import 10 commodities, including petroleum, vehicles and gold, in fiscal year 2012-13. These 10 commodities account for around 50 percent of the country’s total import...
Telcos and ISPs compete over data service market share 24 Aug 2013 | 11:41 pm
Ncell and Nepal Telecom (NT) dominate the country’s data service (internet) market. According to the latest report of the Nepal Telecommunications Authority (NTA), the two telecom giants hold a 50 per...
Toyota Etios launched in Nepal 24 Aug 2013 | 11:27 pm
United Traders Syndicate (UTS), the authorized distributors of Toyota Cars in Nepal, have launched their latest global car – Toyota Etios- in the Nepali market. Amid a program in the capital on Friday...
Qatar Airways increases baggage allowance 22 Aug 2013 | 11:51 pm
Qatar Airways is increasing the passenger baggage allowance with effect from September 1. Issuing a press statement, the airways said passengers flying Qatar Airways routes worldwide will have enhance...
Nepali rupee depreciates to over Rs. 104 a dollar 22 Aug 2013 | 07:58 pm
With the depreciation in the value of Indian currency against dollar, Nepali rupee is pegged over Rs. 104 a dollar in the domestic market on Thursday. The Indian Currency (IC) further depreciated to o...
Sales of mutton, fish, pork jump after ban on chicken 20 Aug 2013 | 04:06 pm
Sales of mutton, fish and pork have soared with people avoiding chicken due to bird flu outbreaks in the Kathmandu valley and surrounding areas. Meat lovers have been turning to other products as the ...
Rupee drops to historic 100.60 per US dollar 19 Aug 2013 | 09:56 pm
The Nepali rupee slumped to an all time low of Rs 100.60 against the US dollar on Monday as the Indian currency, to which the Nepali rupees is pegged, hit a fresh all-time low against the greenback. D...
US Dollar Inches closer to 100 Line 16 Aug 2013 | 09:23 pm
Nepali rupee has dipped to historic low of 99.02 against US dollar, as the Indian currency, with which Nepali rupee is pegged, continued its losing streak against the greenback. Nepal Rastra Bank, the...
Chinese automobiles making inroads in Nepal 16 Aug 2013 | 03:45 pm
Gone are the days when people shied away from buying Chinese automobiles. With growing influence of China in the world economy, Chinese carmakers are increasing their penetration in the global market....
