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Monday, April 22, 2013


NAC EXTENDING $4.5 MILLION ADVANCE FOR PURCHASE OF TWO AIRBUSES Kathmandu, 22 April: Nepal Airlines Corporation (NAC) Monday us advancing $4.5 million for acquisition of two narrowed-bodied Airbuses to be delivered by the European manufacturer in 22 months. The 150-seater aircraft will be acquired for $.150 million to operate the international flights of the Nepali state carrier. NAC has completed all processes, including financing from Employees’ Provident Dund, for the aircraft purchase, Nnnn 24 INJURED IN SUNSARI BUS ACCIDENT Kathmandu, 22 April” Twenty-five passengers were injured overnight when a bus overturned at Dubahi in Sunsari. The vehicle was transporting a wedding party. nnnni GOLD PRICE RECOVERS MARGNALLY Kathmandu, 22 April: After heavy losses last week, gold continued to recover some ground. Gold price Rs. 425 per tola Sunday and was traded for Rs.50,500 per tola. Gold lost more than Rs,6,000 per tola in two days as prices tumbled in the international market. But gold was not easily available for buyers at cheaper prices. nnnn

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