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Carlos Slim invests $40 million in Shazam

NEW YORK: Shazam, maker of a music recognition app by the same name, announced it is getting a $40 million cash infusion from Carlos Slim,

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World Bank provides nearly Rs 20 billion

KATHMANDU: The International Development Association (IDA) of the World Bank has agreed to provide 207.26 million US dollars (equivalent to NRs 19,922 million) assistance to the government of Nepal for

No. 1 Djokovic, No. 2 Murray building Slam rivalry

LONDON (AP) — Novak Djokovic and Andy Murray are building their own Grand Slam rivalry, one that perhaps someday will merit mention alongside Roger Federer vs. Rafael Nadal, or Djokovic

Price of gold down by Rs 750 per tola on Sunday

KATHMANDU: the price of gold came down to Rs 48,600 per tola today. According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of hallmark gold decreased

Kaski Adarsha Sewa Samaj of Doha provides support to another Nepali migrant worker

KATHMANDU: The Kaski Adarsha Sewa Samaj, Doha, has provided financial support to Bharat Malla of Pang-5 of Parbat district who was critically injured in a accident in Qatar. The Kaski

Nepalis in Tokyo orgnanizing ‘First Ladies’ Night’ to help flood victims in Nepal

TOKYO: As an attempt to support the flood victims in Nepal, the ‘First Ladies Night in Tokyo’ is going to be organized on July 27 in Tokyo of Japan. The

Pakistan, IMF agree to $5.3 billion bailout

ISLAMABAD: Pakistan took a major step toward averting an economic crisis Thursday, reaching an initial deal with the International Monetary Fund on a bailout of at least $5.3 billion to

Govt decides Janakpur Cigarette Factory’s closure

KATHMANDU: The  government has decided to close Nepal’s oldest cigarette factory–Janakpur Cigarette Factory (JCF). The JCF was one of the largest  taxpayers in the country in the past. Yak brand

ADB provides Rs 7.57 billion soft loan to manage waste water in Kathmandu

KATHMANDU: The Asian Development Bank has agreed to provide a loan assistance of USD 80 million (equivalent NRs 7.57 billion) to the Nepal for the implementation of the Kathmandu Valley

Gold price increases in local market

KATHMANDU: The gold price that has been decreasing  for long in the recent time increased by Rs 650 per tola in the domestic market on Tuesday. According to the Federation of