Today's Horoscope, May 18,Thursday

Nepal Oil Corporation (NOC) does not plan to slash gasoline prices anytime soon even though import prices have dropped and its profits have jumped threefold. The state-owned oil monopoly raked in more than Rs400 million in profits this month. On Monday, its sole supplier Indian Oil Corporation (IOC) cut the price of petrol by Rs2.10 per litre and that of diesel by Rs2.07 per litre. Following these reductions, NOC earns a profit of Rs7.66 per litre of petrol and Rs2.46 per litre of diesel. Likewise, the corporation earns a profit of Rs9.08 per litre of aviation fuel sold to Nepali airlines and Rs16.70 per litre sold to foreign carriers. However, NOC incurs a loss of Rs93.62 on every cylinder of cooking gas sold.