November 5, 2026, Thursday
English

Federation's objection to industrialists' strike and preparation for power cut

Main News Image

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.

mediabaaji add

Related News

Gas subsidy being scrapped

Kathmandu. The government has released Energy Consumption Growth and Export Strategy, 2083 with a plan to cancel the subsidy on LP gas for cooking till the financial year 2092 and 93 and provide subsidy on electric stoves. The strategy, published...

What is the foreign currency exchange rate for Monday?

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 142 rupees 88 paisa and the selling rate is 143...

21 billion investment approved for 105.62 MW electricity

Kathmandu. The government has approved an investment of more than 21.17 billion rupees in two hydropower projects with a power generation capacity of 105.62 megawatts. The 68th meeting of the Board of Investment held on Friday under the chairmansh...

Gas import from India increased, sales will be normal within the week

Kathmandu. The sales and distribution of LP gas for cooking, which has been seen in various parts of the country including Kathmandu Valley, has gradually started to ease. Nepal Oil Corporation has stated that the shortage of gas is decreasing due...

Share price increase of five companies, how much has increased?

Kathmandu. On the first day of the week, i.e. Sunday, the stock market fell by double digits. Today, the NEPSE index decreased by 26.51 points to 2649.52 points. Share prices of 45 companies from different sectors have...

Petrol and diesel prices stable

Kathmandu. Nepal Oil Corporation has decided to continue the retail sale price of petroleum products. Despite receiving the new purchase price from Indian Oil Corporation (IOC), the Board of Directors' meeting held on Monday decided not to change...