Musk links deal progress on proof of spam bot share on Twitter Musk links deal progress on proof of spam bot share on Twitter Elon Musk said on Tuesday his $44-billion offer would not move forward until Twitter Inc TWTR.N shows proof that spam bots account for less than 5% of its total users, hours after suggesting he could seek a lower price for the company. Elon Musk said on Tuesday his $44-billion offer would not move forward until Twitter Inc TWTR.N shows proof that spam bots account for less than 5% of its total users, hours after suggesting he could seek a lower price for the company. Business 10 h ago
Nepal, India sign MoU to construct Arun-4 hydropower project Nepal, India sign MoU to construct Arun-4 hydropower project A bilateral memorandum of understanding for the construction of the identified 490.2 megawatts Arun-4 hydropower project has been signed between the governments of Nepal and India. A bilateral memorandum of understanding for the construction of the identified 490.2 megawatts Arun-4 hydropower project has been signed between the governments of Nepal and India. Business 1d ago
Price of precious metals drops Price of precious metals drops The price of precious metals declined in the trading week between May 8 and 29. The price of precious metals declined in the trading week between May 8 and 29. Business 2d ago
Nepse index surges nearly 5pc Nepse index surges nearly 5pc The Nepal Stock Exchange (Nepse) index recuperated the nearly five per cent loss of previous week by advancing 4.99 per cent or 111.80 points over the trading period between May 8 and 12. The Nepal Stock Exchange (Nepse) index recuperated the nearly five per cent loss of previous week by advancing 4.99 per cent or 111.80 points over the trading period between May 8 and 12. Business 2d ago
Samsung in talks to hike chipmaking prices by up to 20%: Bloomberg Samsung in talks to hike chipmaking prices by up to 20%: Bloomberg Samsung Electronics 005930.KS is in talks with clients about hiking prices for chip contract manufacturing by up to 20% this year, Bloomberg reported on Friday. Samsung Electronics 005930.KS is in talks with clients about hiking prices for chip contract manufacturing by up to 20% this year, Bloomberg reported on Friday. Business 13 May, 2022
Mega-iDE agreement Mega-iDE agreement With an aim to facilitate agriculture business of smallholder farmers by providing financing support through digital banking, Mega Bank Nepal has signed an agreement with iDE Nepal. With an aim to facilitate agriculture business of smallholder farmers by providing financing support through digital banking, Mega Bank Nepal has signed an agreement with iDE Nepal. Business 13 May, 2022
Global IME signs MoU Global IME signs MoU Global IME Bank Ltd and Nepal Clearing House Ltd have signed a memorandum of understanding (MoU) to initiate Nepal Pay QR facility for the launch of the first phase of National Payment Switch. Global IME Bank Ltd and Nepal Clearing House Ltd have signed a memorandum of understanding (MoU) to initiate Nepal Pay QR facility for the launch of the first phase of National Payment Switch. Business 13 May, 2022
All-new RayZR 125 FI All-new RayZR 125 FI The highest mileage giving scooter RayZR 125 FI street rally has entered the Nepali market equipped with the innovative feature ‘Connect-X’. The highest mileage giving scooter RayZR 125 FI street rally has entered the Nepali market equipped with the innovative feature ‘Connect-X’. Business 13 May, 2022
City, Rank ink lease City, Rank ink lease City Hotel Ltd, a company under Golyan Group, has signed casino lease agreement with Rank Entertainment Holdings Pvt Ltd for operating casino at the Hyatt Place Hotel located at Soalteemode, Kathmandu. City Hotel Ltd, a company under Golyan Group, has signed casino lease agreement with Rank Entertainment Holdings Pvt Ltd for operating casino at the Hyatt Place Hotel located at Soalteemode, Kathmandu. Business 13 May, 2022
Telecom service providers witness fall in revenue Telecom service providers witness fall in revenue Although mobile penetration has increased by over 142 per cent, telecom companies are facing losses as subscribers increasingly opt for over-the-top (OTT) platforms. This trend has affected telecom operators, cutting their voice revenues. Although mobile penetration has increased by over 142 per cent, telecom companies are facing losses as subscribers increasingly opt for over-the-top (OTT) platforms. This trend has affected telecom operators, cutting their voice revenues. Business 13 May, 2022
Buddha Air to operate night flights Buddha Air to operate night flights As Civil Aviation Authority of Nepal has decided to operate airports having night slot facility for 18 hours a day, Buddha Air is planning to expand its night flight service to various destinations from May 15. As Civil Aviation Authority of Nepal has decided to operate airports having night slot facility for 18 hours a day, Buddha Air is planning to expand its night flight service to various destinations from May 15. Business 13 May, 2022
Sixty-four industries to face music Sixty-four industries to face music Legal action is being taken against 64 industries on the charge of producing and selling various types of inedible foodstuff and contaminated water. This many industries are facing action in the first nine months of the current fiscal year. Legal action is being taken against 64 industries on the charge of producing and selling various types of inedible foodstuff and contaminated water. This many industries are facing action in the first nine months of the current fiscal year. Business 12 May, 2022
CPI soars to 7.28pc CPI soars to 7.28pc The year-onyear consumer price inflation (CPI) soared to 7.28 per cent in the ninth month of fiscal year 2021-22 (mid-March to mid-April) compared to 3.10 per cent a year ago, the latest macroeconomic data of central bank unveiled on Wednesday showed. The year-onyear consumer price inflation (CPI) soared to 7.28 per cent in the ninth month of fiscal year 2021-22 (mid-March to mid-April) compared to 3.10 per cent a year ago, the latest macroeconomic data of central bank unveiled on Wednesday showed. Business 12 May, 2022
Import ban helps to prop up forex reserves Import ban helps to prop up forex reserves As the government has curbed the import of certain non-essential goods, the foreign exchange reserves of Nepal witnessed a slight uptick, increasing by $30 million in the ninth month of the current fiscal. As the government has curbed the import of certain non-essential goods, the foreign exchange reserves of Nepal witnessed a slight uptick, increasing by $30 million in the ninth month of the current fiscal. Business 12 May, 2022
EPF calls for sealed bids for CTC Mall EPF calls for sealed bids for CTC Mall Employees Provident Fund (EPF) has announced the auction of CTC Mall located at Sundhara, which is owned by Chairperson of Civil Group Ichchha Raj Tamang after he defaulted on his loan payment. Employees Provident Fund (EPF) has announced the auction of CTC Mall located at Sundhara, which is owned by Chairperson of Civil Group Ichchha Raj Tamang after he defaulted on his loan payment. Business 11 May, 2022
Huawei: Innovating nonstop for a greener intelligent world Huawei: Innovating nonstop for a greener intelligent world Huawei kicked off its 19th annual Global Analyst Summit in Shenzhen on April 26. Huawei kicked off its 19th annual Global Analyst Summit in Shenzhen on April 26. Business 10 May, 2022
Yeti Distillery wins awards at World Spirit Competition Yeti Distillery wins awards at World Spirit Competition Yeti Distillery wins awards at World Spirit Competition Yeti Distillery wins awards at World Spirit Competition Business 09 May, 2022
Nepse index plunges nearly 5pc Nepse index plunges nearly 5pc The Nepal Stock Exchange (Nepse) index fell by 4.99 per cent or 117.55 points week-onweek over the trading period between May 1 and 5. The stock market was open for just three days against the normal five days over the review week due to holidays on May Day and Eid. The Nepal Stock Exchange (Nepse) index fell by 4.99 per cent or 117.55 points week-onweek over the trading period between May 1 and 5. The stock market was open for just three days against the normal five days over the review week due to holidays on May Day and Eid. Business 08 May, 2022
Budget for next fiscal year to focus on economic revival, growth Budget for next fiscal year to focus on economic revival, growth The government is preparing the budget for the Fiscal Year 2022/23, keeping the revival of the country's economy badly dented by the COVID-19 pandemic at the centre through production and productivity growth. The government is preparing the budget for the Fiscal Year 2022/23, keeping the revival of the country's economy badly dented by the COVID-19 pandemic at the centre through production and productivity growth. Business 06 May, 2022
Social dialogue for sustainable development Social dialogue for sustainable development Collective bargaining can advance equality and foster inclusion says a new International Labour Organisation (ILO) report, the first of a series of flagship reports on Social Dialogue. Collective bargaining can advance equality and foster inclusion says a new International Labour Organisation (ILO) report, the first of a series of flagship reports on Social Dialogue. Business 06 May, 2022
World Azovstal siege ends as hundreds of Ukrainian fighters surrender Ukraine's military command had said in the early hours of Tuesday that the mission to defend the steel plant was over.
World Sri Lanka parliament blocks move to condemn president, lawmakers arrested over violence Ranil Wickremesinghe, the new prime minister, said in a televised address on Monday that the island nation had to face "unpleasant and terrifying facts".
Sports Liverpool interested in Mbappe but will not get drawn into transfer battle Liverpool are not blind to the qualities of Kylian Mbappe but will not be drawn into a bidding war for the Paris St Germain striker, manager Juergen Klopp said.
World Heavy rains trigger floods in northeast India, killing 11 Heavy rains trigger floods in northeast India, killing 11
Kathmandu Naveen Srivastava appointed as the new Indian ambassador to Nepal Naveen Srivastava appointed as the new Indian envoy to Nepal
Business Musk links deal progress on proof of spam bot share on Twitter Elon Musk said on Tuesday his $44-billion offer would not move forward until Twitter Inc TWTR.N shows proof that spam bots account for less than 5% of its total users, hours after suggesting he could seek a lower price for the company.
World More than 250 Ukrainian troops surrender as Kyiv orders Mariupol to yield Ukraine's military said on Tuesday it aimed to evacuate its remaining soldiers from their last stronghold in Mariupol, as fighters that have held out for 82 days began to surrender, heralding the end of Europe's bloodiest battle in decades.
Nepal Himalaya Air's Omnika Dangol becomes first Nepali cabin crew to scale Everest A cabin crew from Himalaya Airlines successfully scaled the world’s highest peak becoming the first Nepali flight attendant to stand atop the roof of the world.