Federation's objection to industrialists' strike and preparation for power cut
-
Media Baaji
- Thu, 18 June 2026
Kathmandu. Federation of Nepal Chamber of Commerce and Industry (FNCCI) has expressed serious concern about the preparations to cut the power lines of the industries within the industrial area run by the Industrial Zone Management Limited and create administrative pressure on the industrialists.
The federation issued a statement on Thursday and said that the business environment will be further affected by the activities targeting around 700 industries operating in 10 industrial areas across the country. The Federation is of the opinion that any step to create pressure on the industrialists is not appropriate, especially when the dispute regarding the increase in land rent in the industrial sector is pending in the court.
Express
Related News
Nepal's public debt for the first time reached 30 trillion, 45.59 percent of GDP!
Kathmandu. The total public debt of Nepal has exceeded 30 trillion rupees for the first time. According to the Public Debt Management Office, the total public debt of the government has reached Rs. This is 45.59 percent of GDP.
By the end of...
NMB Bank launched 'Softpos' service, card payments can be taken from smartphones
Kathmandu. NMB Bank has launched Softpos service for the first time in Nepal. According to the bank, any supported Android mobile phone can be used as a POS machine. Through this service, small and medium enterprises a...
What is the exchange rate of which foreign currency for today?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 151 rupees 88 paisa and the selling rate is 152 rupees 48 paisa. Similarly,...
NEPSE decreased by 37.63 points throughout the week, how much is the transaction on which day?
Kathmandu. This week, NEPSE index decreased by 37.63 points and reached 2671.07 points. NEPSE, which closed last week at 2708.70 points, decreased by 37.63 points to 2671.07 points this week. The market was open on all five trading days this week....
Foreign Currency Exchange Rate: Selling rate of US dollar remained at 152 rupees 94 paise
Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currency for today. According to the latest information published by the Central Bank, the buying rate of one US dollar, which is becoming stronger in the internatio...
Drop in gold prices, how much per tola on Tuesday?
Kathmandu. The price of gold has fallen in the Nepali market today. The gold tola has fallen by three thousand rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at Rs 2 lakh 97 thousand 500 per tola t...