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
The NEPSE index fell by double digits, trading at four billion
Kathmandu. The Nepal Stock Exchange NEPSE index fell by double digits. Today, the NEPSE index decreased by 12.50 points to 2,594.87 points. According to NEPSE, 1 crore 12 lakh 72 thousand 168 shares of 330 companies we...
This is the foreign currency exchange rate on Saturday
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 63 paisa and the selling rate is 152 rupees 23 paisa. The buying...
An increase of 16.67 points in NEPSE, the turnover is limited to 2.79 billion
Kathmandu. On Sunday, the last trading day before Tihar, the stock market NEPSE index rose by 16.67 points to 2503.85. 6.199 thousand shares of 323 companies were bought and sold in NEPSE on this day, with a turnover o...
Chandragiri Investment Group will issue 'IPO' shares
Kathmandu. Chandragiri Investment Group Limited is going to issue a primary share IPO for ordinary citizens. The company's first general meeting held today passed the proposal to issue the IPO. The authorized capital of the company is Rs 50...
Siddharth Bank called the annual general meeting to pass the dividend proposal
Kathmandu. Siddharth Bank has announced to distribute dividends to the shareholders from the profits of the last financial year. The bank has announced that it will distribute bonus shares at the rate of 5% of the paid...
Demand to declare emergency in construction sector
Kathmandu. The Construction Industry Council has demanded to declare an emergency in the construction sector. In a statement issued by the council, it is said that the industry has come to a standstill due to the excessive increase in the price of...