Stories By 'Rajesh Khanal'
The government has been scouting for alternative ports in India for third country trade to replace congested Kolkata Port in a bid to cut costs and permit movement of large volumes of cargo.
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On December 20, a massive fire engulfed Super Gas Udyog, a Liquefied Petroleum Gas (LPG) bottling plant in Sukhasaina, Birgunj. It took almost nine hours to quell the inferno which claimed the lives of three firefighters, severely injured one more, destroyed a fire engine and posed a severe threat to people living in the vicinity of the bottling plant.
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The next meeting of the Inter-Governmental Committee (IGC) led by the commerce secretaries of Nepal and India is likely to take place in March as both sides are keen to hold it soon.
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The Bureau of Standards and Metrology has shut down two liquefied petroleum gas (LPG) bottling plants in Kavrepalanchok, Surya Gas and Chandeshwori Gas, for violating safety regulations.
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The Nepal Bureau of Standards and Metrology (NBSM) on Friday shut two liquefied petroleum gas (LPG) bottling plants—Surya Gas and Chandeshwori Gas—operating in Kavrepalanchok district after finding them flouting the safety regulations.
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The stock of foreign direct investment (FDI) to Nepal stood at Rs151.7 billion as of the last fiscal year. One-third of the total amount was equity capital while the rest was debt financing, Nepal Rastra Bank (NRB) said. FDI stock shows the value of foreign investors’ equity in and loans to domestic enterprises.
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