Indian petroleum product exports rise by 40 per cent Himalayan News ServiceNew Delhi, April 6:The hardening of the rupee against the dollar has helped Indian refineries take advantage of the global volatility in crude and petroleum products to register a 40 per cent growth in exports. “The appreciation... 06 Apr, 2004
Oil prices are artificially high: S Arabia Associated Press Vienna, March 30: In spite of the current high prices for crude, markets are already well supplied and any decision by OPEC to pump more oil at this time would be destructive, Saudi Arabia’s oil minister said on Tuesday.Ali Naimi... 30 Mar, 2004
BIZ BRIEFS NCC offers ‘Saving Plus’ KATHMANDU: Nepal Credit and Commerce Bank (NCC Bank) has introduced a special saving scheme ‘NCC Saving Plus’ for general customers, says a press statement issued by the bank. The scheme provides interest on the basis... 30 Mar, 2004
Maoist sanction hits Pokhara hard Himalayan News ServicePokhara, March 16:The Pokhara locals have been hit hard by the embargo imposed by the Maoists. Hospitals here are short of oxygen cylinders because of this. Cooking gas or LPG is also out of stock. Kalidas Baral, a gas depot owner... Travel 17 Mar, 2004
BIZ BRIEFS Monetary policy stable TOKYO: The Bank of Japan (BoJ) decided on Tuesday to leave its easy monetary policy unchanged, a position which the central bank governor said will be maintained until deflation disappears. The central bank’ said its... 16 Mar, 2004
Fuel shortage hits Tanahun Himalayan News ServiceTanahun, March 14:The Maoist-imposed sanction has created shortage of petroleum products in the district. Kerosene, diesel and petrol at petrol pumps in Damauli have run out of stock and the tankers which were to fetch the fossil... Travel 15 Mar, 2004
US presidential race America’s plutocrats savour the political gameLinda ColleyIt’s now certain. The next presidential election will be between two multimillionaire members of America’s hereditary elite. For the Republicans, it will of course be George Bush, son of... 12 Mar, 2004
Conservatives use oil to keep heat on Middle East Emad MekayWith threats of a Venezuelan oil blockade helping to push petroleum prices higher, neo-conservative politicians and analysts continue to insist the biggest threat to US energy supplies is Washington’s reliance on Middle East oil. President... 11 Mar, 2004
Price disparity results in heavy loss to NOC Indra GurungKathmandu, March 9:Due to the widening disparity between domestic and international prices of petroleum products, Nepal Oil Corporation (NOC) has been suffering a monthly loss of over Rs 300 million, for the last three months. "NOC has to... 09 Mar, 2004
Indo-Israeli friendship and Pak’s nuke leaks Ranjit Devraj India’s eagerness in cultivating a new friendship with Israel will likely stop short of making common cause over the revelation that rogue scientists in neighbouring Pakistan have been leaking nuclear technology to some of Tel Aviv’s... 12 Feb, 2004
Ginger exports to India start Rastriya Samachar SamitiNepalgunj, February 2Ginger worth a total of Rs 82.9 million has been exported to India through the Nepalgunj transit point during the first six months of the current fiscal year.Altogether 8,291 metric tonnes of ginger was... 02 Feb, 2004
GDP increment less by 1 per cent The Gross Domestic Product (GDP) of the country during this fiscal year is expected to increase by 0.84 per cent at fixed prices of the year 1994/95 and by 4.35 per cent at current price value, as compared to the previous year. Similarly, the annual... 09 May, 2002
