Petro products prices up, effective from Thursday midnight
The Nepal Oil Corporation (NOC) has again increased the prices of petroleum products.
The state-owned corporation has hiked the petro prices citing fluctuations in crude oil prices in the international market.
The NOC has increased the prices of petrol, diesel, kerosene and cooking gas, effective from Thursday midnight.
The NOC board of directors has raised petrol price by Rs 17 per liter and diesel and kerosene by Rs 25 per liter each.
Likewise, the price of cooking LPG has been increased by Rs 100 per cylinder.
According to the corporation, domestic aviation fuel has been upped by Rs 6 per liter.
With the revised rates in place, petrol now has reached Rs 219 per liter in the Kathmandu Valley. Similarly, diesel and kerosene are priced at Rs 207 per liter.
The price of a cooking LPG cylinder has reached Rs 2,010.
Likewise, domestic aviation fuel has been fixed at Rs 257 per liter.
The government claims that despite offering 50 percent exemption on customs duties and infrastructure development taxes, the losses did not reduce, necessitating the price hike.
The NOC claims it will fortnightly incur a loss of approximately Rs 7.81 billion despite today's price increase.
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President Ram Chandra Paudel is scheduled to address the joint session of both Houses of the Federal Parliament today.
President Paudel, on recommendation of the Council of Ministers, will address the joint sitting of both Houses of the Federal Parliament at 3 pm in accordance with Article 95 of the Constitution, the Office of the President informed.
Members of both Houses have been called to be present for the purpose.
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In a surprise announcement on Thursday, the first lady called for congressional hearings for survivors of Epstein's sex trafficking, BBC reported.
She also denied online rumours that Epstein introduced her to Donald Trump, calling them "mean-spirited attempts to defame my reputation".
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The declaration from Moscow came after Volodymyr Zelensky issued repeated calls for a ceasefire, all ignored by the Kremlin.
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