NOC's decision to maintain fuel prices draws ire Consumer rights activists and other stakeholders have slammed the decision of the Nepal Oil Corporation to maintain fuel prices in the domestic market citing huge outstanding dues to the government and the Indian Oil Corporation, despite making a gross profit and oil prices falling to their lowest level this year. Business 09 Dec, 2022
Domestic consumption of petro products falls The domestic consumption of petroleum products has gone down lately. Business 14 Nov, 2022
Outstanding dues prompt NOC to maintain fuel prices Citing huge outstanding dues to the government and Indian Oil Corporation (IOC), the Nepal Oil Corporation (NOC) has decided to maintain the fuel prices despite making a gross profit. Business 04 Nov, 2022
Green hydrogen finds space in manifesto Last month, Nepal organised a Green Hydrogen Summit that aimed to explore alternative sources of energy. The event was organised at the initiative of Non-Resident Nepali Association’s former president Shesh Ghale. Nepal 04 Nov, 2022
'Stronger dollar to weigh on foreign debt, import bills' ​​​​​​​The Nepali currency depreciated to a fresh all-time low vis-à -vis the US dollar on Thursday as the Indian currency continues to weaken against the dollar after the central bank of the United States hiked interest rates to control inflation, increasing the demand for the US currency. Business 21 Oct, 2022
EDITORIAL: Maintain transparency The government had decided to adopt an automatic pricing system for petrol, diesel, kerosene and aviation fuel in October 2014. Opinion 21 Oct, 2022
Debt burden, losses force NOC to keep fuel prices high The Nepal Oil Corporation (NOC) has decided not to lower the prices in the domestic market citing huge losses and outstanding dues to the Indian Oil Corporation (IOC). Business 20 Oct, 2022
Weakening rupee likely to aggravate economic woes Weakening rupee likely to aggravate economic woes Business 21 Sep, 2022
No advance booking for bus tickets unless demands met: FNNTE Despite the Dashain festival being less than a month away, the Federation of Nepalese National Transport Entrepreneurs (FNNTE) has not opened advanced booking of bus tickets for long-distance commuters. Business 05 Sep, 2022
NOC owes Rs 21 billion to Indian Oil Corporation The Nepal Oil Corporation (NOC) has said that it has to pay Rs 21 billion till last of August to the Indian Oil Corporation (IOC) for the purchase of petroleum products. Business 02 Sep, 2022
FNNTE calls on govt to reduce fuel prices The Federation of Nepalese National Transport Entrepreneurs (FNNTE) has yet again expressed its concerns with the government for not revising the price of petroleum products even after their price has dropped three times in the international market. Business 24 Aug, 2022
FNTTE urges government to adjust petro prices for festivals It is unfortunate to have the unchanged price list following the falls in the international prices, according to the Federation. Kathmandu 23 Aug, 2022
