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Nepal’s Public Institutions Earned NPR 48.51 Billion in Net Profit Last Fiscal Year
In the last fiscal year, 26 public institutions earned a net profit of Rs. 48.51 billion 75 lakhs. According to the Ministry of Finance, there are currently 44 public institutions, of which 15 have incurred losses and three have zero business operations. The 'Annual Status Review of Public Institutions 2081' states that in the fiscal year…
Read More...2.3 million internet users added in 8 months
The number of mobile data or broadband internet users in Nepal has surged by 2.3 million in the past eight months, according to the economic survey of the fiscal year 2080/81.The survey revealed that the number of data/internet users was 42.18 million in Falgun, up from 39.88 million in Asar.The Nepal Telecommunications Authority (NTA)…
Read More...Nepal’s Social Security Coverage Expands by 5.5%, Allocation Increases to 14% of Total Budget
The number of Nepalese citizens receiving social security allowance has increased by 5.5 percent, according to the economic survey of the financial year 2080/081 presented by Finance Minister Barshaman Pun Anant on Sunday.The survey, which was presented in both houses of the Federal Parliament, revealed that the number of citizens covered…
Read More...Power supply to be disrupted for six hours in various parts of KTM from today
KATHMANDU, May 16: The Nepal Electricity Authority (NEA) has announced that power supply will be affected in various parts of the KTM valley from today.The NEA has stated that power supply will be disrupted in Nayabazar on Thursday, Naya Bazar and Chhetrapati on May 18, Bhimsensthan on May 19, and Bhimsensthan and Tripureshwar area on May…
Read More...Nepal Electricity Authority’s Underground Electricity Distribution System Nears Completion
The Nepal Electricity Authority has finished building an underground electricity distribution network in several locations across Kathmandu Valley. The authority announced that the underground system will undergo testing in areas such as Pepsicola-Jadibuti, Lainchour-Narayangopal Chowk, Chuchchepati-Chabahil-Mitrapark, Kalanki-Tripureshwar,…
Read More...Nepali Superhuman Climbs Everest for Record 29th Time at Age 52
Kathmandu, May 12, 2024 - Kamirita Sherpa, a world-renowned Nepali mountain climber, has broken his own record for the most summits of Mount Everest. The 52-year-old Sherpa reached the 8,849-meter (29,032-foot) peak at 7:25 am local time on Sunday, marking his 29th successful ascent of the world's highest mountain.Sherpa's latest summit…
Read More...Eduroam Service Launched at Tribhuvan International Airport
Tribhuvan International Airport has officially launched the Eduroam service, a global initiative that provides secure internet access to students, universities, and research institutions. This service enables users to connect to their educational institution's network using their credentials, facilitating seamless connectivity while traveling or…
Read More...Nepal Tourism Sees Record Monthly Arrivals in 2024
Kathmandu, May 2: Nepal's tourism industry has hit a new milestone, with the average monthly tourist arrivals crossing the 100,000 mark for the first time in 2024, according to the latest figures from the Nepal Tourism Board.From January to April this year, the Himalayan nation welcomed a total of 416,769 foreign tourists, translating to an…
Read More...Nepali Tea Crowned ‘Grand Champion’ at World Tea Expo 2024
In a remarkable achievement that underscores the quality and craftsmanship of Nepali tea, a Nepali tea company has emerged as the grand champion at the prestigious World Tea Expo 2024 held in Las Vegas, United States.The coveted "Grand Champion" award was bestowed upon Siddhadevi Tea Estate Private Limited, a tea producer hailing from Ilam,…
Read More...Raging Forest Fires Grip the Nation: Experts Warn of Worsening Situation Amid Lack of Rain
Kathmandu - The situation of forest fires across the country is rapidly deteriorating, with the National Disaster Risk Reduction and Management Authority reporting that fires are raging in 165 places in 39 districts as of today.Stakeholders have expressed grave concerns that without timely rainfall, the forest fires will continue to spread…
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