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Business

National

NT plans to send home around 1&sbqu ...

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KATHMANDU: Nepal Telecom (NT) is planning to cut around 1,800 staff under voluntary retirement scheme (VRS) as part of its restructuring efforts. A committee, including experts, NT ...Full story

MoIC asked for satellite use plan KATHMANDU: The Development Committee of the Legislature-Parliament has directed the government to submit the latter’s plan regarding the use of satellite ...Full story

BIZ BRIEFS: Sujal partners Laxmi KATHMANDU: Sujal Dairy — one of the largest dairies of the country based in Pokhara — has partnered with Laxmi Bank for the subsidised agriculture l ...Full story

Business community urges gov to focus on economics KATHMANDU: Industrialists and businessmen have laid emphasis on leading the country towards the path of economic development by ending the existing political in ...Full story

NRB asks MoF to issue notice KATHMANDU: Nepal Rastra Bank (NRB), the central monetary authority, has requested Ministry of Finance (MoF) to issue a notice in the gazette to legalise import ...Full story

International

Russia attacks 'politically motivat ...

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MOSCOW: Moscow sought today to dismiss Standard and Poor’s decision to downgrade Russia’s credit rating to ‘junk’ as politically motivated, while approving ...Full story

Tencent‚ Alibaba lead China's top brands BEIJING: China’s tech giants Tencent Holdings Ltd and Alibaba Group Holding Ltd beat state firms for the first time to become the country’s most val ...Full story

China's Li says to create 10 mln jobs in 2015 SHANGHAI: China's Premier Li Keqiang pledged to create at least 10 million new jobs in 2015, the state run China Daily newspaper said on Tuesday, despite econom ...Full story

Japan trade deficit balloons to $109bn TOKYO: Japan’s trade deficit swelled to a record $109 billion in 2014, official data showed today, weighed down by post-Fukushima energy bills, but a rece ...Full story

Pakistan fuel crisis hindering reforms ISLAMABAD: Pakistan’s ongoing fuel shortage that has led to worsening power blackouts is weighing on its credit worthiness and hindering its ability to me ...Full story