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At one time, there were 20 non-life insurance companies in Nepal. To reduce the number of companies, Nepal Beema Pradhikaran introduced a new minimum capital requirement. Due to the new requirement of NRs.2.5 Arba (NRs. 2.5 Billion), the following companies underwent mergers:
Madan Ashrit Highway or (NH44) (previously: H05) (Nepali: मदन आश्रित राजमार्ग) is one of Nepal's busiest international roadway link, carrying 90% of all international traffic, or about 20,000 vehicles daily.
Bharatpur (/ b ə ˈ r ɑː t p ər /, Nepali: भरतपुर, pronounced [ˈbʱʌɾʌt̪pur] ⓘ) is a city in south central Nepal. It is the third most populous city of Nepal after Kathmandu and Pokhara with 369,377 inhabitants in 2021. [2] It is also the second largest metropolitan city in Nepal by area.
According to the Department of Roads there are 80 National Highways in Nepal. The combined length of the roads is 11,178.92 kilometres (6,946.26 mi) which includes asphalt/concrete and gravel. The combined length of the roads is 11,178.92 kilometres (6,946.26 mi) which includes asphalt/concrete and gravel.
Mugling (Nepali: मुग्लिङ; sometimes known as Muglin) is a town in Chitwan, Bagmati Province, Nepal.. Mugling is located at an interchange of two majors highways: Prithvi and Madan Ashrit Highway (also known as Mugling-Narayanghat Highway).
The main transit point of business transaction is in Birgunj joining to Raxaul, India, a dry port of Nepal and India. Nepal Oil Corporation in Amlekhganj, Dabur Nepal in Bara District, Unilever in Hetauda, Bottlers Nepal (Terai) in Chitwan and other several industries are in Narayani Zone and play leading role in national economy.
The monsoon season in Nepal causes significant rainfall to fall from June to September annually, causing mountainous landslides and increased river water levels. Landslides in Nepal during the 24-hour period prior to the accident killed seventeen people. [3] The Madan Ashrit Highway or NH44 is the busiest international roadway link in Nepal.
The Nepal Stock Exchange (NEPSE) is the only stock exchange of Nepal. As of August 2024, [update] the Market Capitalization of the companies listed on NEPSE totaled रू 476,590.9 crore (US$35 billion).