Central Bank mulls dismantling industrialist-bank nexus to avert anomalies in financial system

Kathmandu, July 14 -- Six years after then governor Yubaraj Khatiwada advised bank directors to either become a banker or a businessperson, Governor Chiranjibi Nepal reiterated the regulator's promise... Read More

Upper Karnali Hydropower Project bogged down in price negotiations

Kathmandu, June 25 -- A year after the Post's revelation that Indian company Grandhi Mallikarjuna Rao (GMR), the developer of the 900 MW Upper Karnali hydropower project, offered to sell electricity p... Read More

Nepal, Bangladesh to use Indian grid for power trade

Kathmandu, June 23 -- Amid talks of Nepal-Bangladesh dedicated transmission line passing through the Siliguri corridor in India, the secretary level meeting between energy officials of both countries ... Read More

Potential telecommunications contract winner includes tainted Malaysian firm

Kathmandu, June 22 -- The Nepal Telecommuni-cations Autho-rity is poised to award a $7.66 million contract for developing and commissioning a mobile device system aimed at tracking and blocking grey m... Read More

Telecom regulator to award Mobile Device Management System contract to Nuemera

Kathmandu, June 21 -- The Nepal Telecommunications Authority has disqualified Mobillion, the lowest bidder for a $7.66 million Mobile Device Management System contract, after finding out that the Belg... Read More

Energy Ministry officials leave for Bangladesh to talk electricity trade

Kathmandu, June 20 -- Energy Ministry officials have left for Bangladesh to hold a second round of talks with Bangladeshi authorities on electricity trade by building a dedicated transmission line thr... Read More

TV screens to go blank next week as cable operators protest government's clean feed policy

Kathmandu, June 19 -- On June 24, Nepali viewers switching their television sets are likely to find that 90 percent of the channels they have are not broadcasting anything else but a request to contac... Read More

Province 3 to receive lion's share of energy royalties

Kathmandu, June 16 -- Province 3 will receive the highest amount of royalties collected from the energy sector in the next fiscal year as the National Natural Resources and Fiscal Commission has set t... Read More

Internet providers say they will not hike data costs if service charge is dropped

Kathmandu, June 15 -- Internet service providers are mulling to call off a proposed hike in data costs after the government decided to discontinue a 13 percent telecommunications service charge on bro... Read More

Electricity Regulatory Commission begins work to formulate directives

Kathmandu, June 12 -- The newly formed Electricity Regulatory Commission has begun work to formulate directives to govern the electricity market. According to commission officials, it is currently pre... Read More