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Sharp Aquos takes lead TV market
At a time when 3D TVs have been all the rage in the market, Sharp´s newly launched Aquos Quattron LE820M series LED TV (available in 40, 46 and 52 inches) boldly ditches the third dimension in favor of a four-color filter system -- red, green, blue and yellow than the traditional RGB system found in other HDTVs.
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FNCCI to formulate gold management guidelines
Amid deepening dispute among the constituents of Gold and Silver Management Mechanism, the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), in a bid to bring normalcy to the gold market, has intervened to formulate guidelines for the mechanism.
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GSMM meeting ended inconclusively
The second meeting of Gold and Silver Management Mechanism ended inconclusively on Sunday due to dispute over the allocation of gold quota to be recommended for dealers. The next meeting has been scheduled for Thursday.
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Black box of the Agni Air still missing
The black box of the Agni Air aircraft that crashed in Shikharpur VDC-2, Makawanpur, five days ago, is still missing. A 90-member police team led by SP Gautamraj Kattel is searching for the box, but in vain, Kattel said, adding that police have intensified the search operation. Fourteen persons, including three crew members, were killed in the crash on Aug. 24.
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DOC has asked gas companies to furnish clarifications
The Department of Commerce (DOC) has asked three cooking gas companies to furnish clarifications within a week for their failure to comply with standard norms and practices while distributing gases.
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CIAA for adjusting plus perform
Commission for Investigation of Abuse of Authority (CIAA), the constitutional anti-graft body, has decided to instruct the government to amend Bonus Act that allows public enterprises (PEs) to distribute bonus, despite accumulated loss, for a year they make profit.
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Gold black market has started
Persisting supply deficit of gold has led to black marketing and imports of the precious metal through illegal channel from India.
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China to allow duty free access to Nepalese products
At a time when several Nepali products are still nowhere in the international market, China is providing duty-free facility to Nepal from next week, reports RSS.
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Kalu Gurung arrested in Unity case from Pokhara
Police have arrested a real estate agent Kalu Gurung from Pokhara Tuesday evening in connection with Unity Life International case.
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NT cut 3G subscription cost
In a bid to widen its customer base, Nepal Telecom (NT) has reduced the price for subscribing 3G pre-paid and post paid mobile phone by 48.42 and 40 percent.
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Maikhola project at finishing phase
Construction of Maikhola Micro Hydro Power Project in Ilam has reached to its final phase.
Construction of the project commenced only 20 months ago, but is expected to produce electricity within the month of Asadh, the project informed.
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Food Security To Be Dealt With Urgency
The third South Asia Policy Forum has asked the SAARC leaders to urgently work towards ensuring food security as the region is reeling under reduced food availability coupled with worldwide rise in food prices.
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NOC treks prices of petro-products; transport fare also trekked
Nepal Oil Corporation (NOC) has increased the prices of petroleum products for the second time in less than one-and-half months citing increased cost price.
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Siddhartha Insurance launches new insurance policy
Siddhartha Insurance Limited has come up with new insurance policy 'Siddhartha Ghar Sansar'.
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MoTCA to organize International Mountaineers' Meet
Ministry of Tourism and Civil Aviation (MoTCA) is going to organize International Mountaineers' Meet on May 29, 2010.
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NOC To Suffer Loss Of More Than 500 Million
Nepal Oil Corporation (NOC) is estimated to incur a loss of more than Rs 500 million in the month of April.
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N Celll reduces tarrrif
On the occasion of the New Year, Ncell, which has recently re-branded itself, has launched an entertainment-based mobile content portal
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NTY Officaially Launched In Pokhara
Nepal Tourism Year 2011 (NTY-2011) was officially launched in Pokhara on Sunday.
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ICT Info Trade 2010 From July 1,2010
Information Communication Technology Association of Nepal (ICT Association-Nepal) is going to organise the ICT Info-Trade 2010 mega event with the slogan 'To Share Information, Communication Technology Trading' in the capital.
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The price of gold has increased by Rs. 450 per gram this week as compared to the price of last week.
The price of gold was Rs 27, 650 last week, which increased to Rs. 28, 035 per gram from Friday.
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Increasing Handicrafts Exports
The export of non-textile products has increased only by 0.19 percent and the export of textile has fallen down to 18.74 percent, according to the Federation of Handicraft Association of Nepal (FHAN).
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Dynamic Air To Embark Upon International Flights
The government has decided to permit Dynamic Air to embark upon international flights.
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Nepal Food Corporation (NFC) decided to sell date-expired cooking oil by offering a discount
Nepal Food Corporation (NFC) has decided to sell date-expired cooking oil by offering a discount, Nagarik daily reported. A board meeting of NFC on March 31 decided to sell 2200 litres of date-expired oil by offering a 25 percent on its price.
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Government To Reshape New Consumer Law
The government is preparing to amend Consumer Rights Protection Act 2054 and Consumer Rights Protection Regulations 2056, reports RSS.
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Plans to make micro-hydro project in each VDC by Govt
The government has put forward an ambitious plan to construct micro-hydro projects in each VDC using local fund, technology and manpower, Kantipur daily reported.
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Gold Prices Up Due To It's Shortage
Gold price on Thursday plummeted by Rs 200 per tola (10.664 gram) to Rs 32,000 (Rs 27,435 per 10 gram) in the domestic market.
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NRB Further Tightens It's Grip On Gold Imports
Nepal Rastra Bank (NRB) has come up with new directive in its bid to bar individual importers from importing gold. Now onward, only commercial banks can import yellow metal after the recommendation of Nepal Bankers’ Association (NBA).
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Steady Growth On Tourists Arrivals
Visitor arrivals to Nepal by air saw 34.6 percent surge in the month of March 2010, compared to the same month last year, Nepal Tourism Board (NTB) said, citing figures released by the Immigration Office at the Tribhuvan International Airport.
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Tackling Food Deficiency By Increasing Agricultural Production
Experts have underscored the need to augment agricultural production to combat food deficit in the country.
Speaking at a national workshop organised by Practical Action, Nepal on Wednesday, they also said that the adoption of integrated approach to address the growing food shortage in needed.
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NRB Chief Said,' Economy Is Under Control'
Nepal Rastra Bank (NRB) governor Dr Yubaraj Khatiwada has on Wednesday said even though the economy is not in good stead, it is under control.
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Rajendra Man Shakya, Chief Executive Officer of CMB Finance Limited, a versatile and reputed professional in the financial sector of Nepal, spoke to Nepal Business Times regarding the economic scenario, financial and banking sector of Nepal and the progress achieved by CMB over the years. Excerpts: 
Shekhar Raj Bastakoti
