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Govt cancels 12 irrigation contracts, begins process to terminate 40 more road projects over prolonged delays

KATHMANDU: The government has scrapped 12 long-stalled irrigation contracts and initiated the process to terminate 40 additional road construction contracts that have remained incomplete for years despite repeated extensions and public warnings. The Irrigation and Water Resources Management Project, Janakpurdham, under the former People’s Embankment Program Field Office No....

Govt cancels 12 irrigation contracts, begins process to terminate 40 more road projects over prolonged delays
Gold price drops by Rs 11,600 per tola after Tihar; silver also declines in Nepali market

Gold price drops by Rs 11,600 per tola after Tihar; silver also declines in Nepali market

NEA disconnets power supply to 18 industries for failing to pay Dedicated and Trunkline dues exceeding Rs 8 billion

NEA disconnets power supply to 18 industries for failing to pay Dedicated and Trunkline dues exceeding Rs 8 billion

Commercial Banks earn Rs 16.59 bn profit in two months, six banks cross billion mark

Commercial Banks earn Rs 16.59 bn profit in two months, six banks cross billion mark

Michael Foley Appointed as CEO of Ncell

Michael Foley Appointed as CEO of Ncell

Master plan for Kirtipur International Cricket Stadium approved

Master plan for Kirtipur International Cricket Stadium approved

Hulas Steel and Ashok Steel begin paying long-pending premium electricity dues to NEA

Hulas Steel and Ashok Steel begin paying long-pending premium electricity dues to NEA

Banks and FinTechs face stricter AML duties as central bank enforces STR/SAR guidelines 2025

Banks and FinTechs face stricter AML duties as central bank enforces STR/SAR guidelines 2025

Nepal deepens economic diplomacy: Finance Minister Khanal engages ADB and IMF leaders in Washington

Nepal deepens economic diplomacy: Finance Minister Khanal engages ADB and IMF leaders in Washington

Gold Price soars by Rs 7,100 per tola in a single day, Hits record Rs 258,000 in Nepali market

Gold Price soars by Rs 7,100 per tola in a single day, Hits record Rs 258,000 in Nepali market

Commercial banks drop interest rates for Kartik; average fixed deposit returns down to 5.10pc

Commercial banks drop interest rates for Kartik; average fixed deposit returns down to 5.10pc

Government recalls politically appointed ambassadors from ten major countries

Government recalls politically appointed ambassadors from ten major countries

Buddha Air owner registers new Political Party, Dinesh Prasai appointed as chairman

Buddha Air owner registers new Political Party, Dinesh Prasai appointed as chairman

Nepal Stock Market plunges to one-year low, NEPSE falls below 2,500 points

Nepal Stock Market plunges to one-year low, NEPSE falls below 2,500 points

NEA assures uninterrupted power supply during Tihar, urges consumers to use electricity freely

NEA assures uninterrupted power supply during Tihar, urges consumers to use electricity freely

Gold Price hits all-time high at Rs 2.509 lakh per tola

Gold Price hits all-time high at Rs 2.509 lakh per tola

Minister Ghising urges competitive power purchase rates for hydropower projects

Minister Ghising urges competitive power purchase rates for hydropower projects

Government begins terminating six dysfunctional contracts under Babai Irrigation Project

Government begins terminating six dysfunctional contracts under Babai Irrigation Project

Property Deals Above NPR 30 Million in Metropolises Must Now Be Conducted Through Registered Companies

Property Deals Above NPR 30 Million in Metropolises Must Now Be Conducted Through Registered Companies

Finance Minister Khanal engages U.S. and global donors for trade, investment push

Finance Minister Khanal engages U.S. and global donors for trade, investment push

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