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RUDRA KHADKA

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ECONOMY, SOCIETY

Nepal, which has banned cryptocurrency, watches closely as I...

KATHMANDU, Feb 2: At a time when the government of Nepal has criminalized any form of transaction of digital currency, the neighboring Indian government has announced to introduce taxes in the introduction and transaction of digital and cryptocurrencies inside the country.
Feb 02, 2022
ECONOMY, SOCIETY

Coronavirus insurance claims worth Rs 11.5 billion yet to be...

KATHMANDU, Jan 19: Over a hundred thousand people are deprived of payment for COVID-19 insurance claims in the country. The dispute between the insurance companies, the Insurance Board, and the Ministry of Finance is the reason behind the delay in settling the insurance claims.
Jan 19, 2022
POLITICS

Quarantine cost increases expenses of Nepali laborers going...

KATHMANDU, Dec 11: Workers going to Korea for employment under the Nepal-Korea government agreement have to bear the cost of hotel quarantine by themselves.
Dec 11, 2021
ECONOMY

Govt looking for alternative to 'free visa, free ticket' sys...

KATHMANDU, Dec 9: The government is trying to find an alternative to the ‘free visa, free ticket’ system for foreign employment, saying neither the government nor those going abroad has been able to benefit from the system.
Dec 09, 2021
ECONOMY

Liquidity crunch in banks still persistent

KATHMANDU, Oct 28: Nabil Bank has announced to give 9.36 percent interest on three-month term deposits in the second week of the tightening of the interest rate by Nepal Rastra Bank (NRB).
Oct 28, 2021
ECONOMY, SOCIETY

Employment in Korea to resume only after implementation of b...

KATHMANDU, Sept 15: Employment in South Korea that remains suspended for nearly two years will resume only after the biometric system is implemented. Employment in Korea will not resume for another month after the South Korean government added a condition that the biometric system be made mandatory...
Sep 15, 2021
ECONOMY

Rs 750 million allocated for free repatriation of stranded m...

KATHMANDU, Sept 13: Lack of coordination among government agencies concerned has deprived a large number of stranded Nepali migrant workers abroad to avail the fund allocated by the government to repatriate them home with the government’s financial support.
Sep 13, 2021
ECONOMY

Remittance up by Rs 100 billion

KATHMANDU, August 25: The remittance flow to Nepal increased by about Rs 100 billion in the last fiscal year 2020/21, compared to the previous year. Although the number of people going for foreign employment decreased due to the COVID pandemic, the inflow of remittance increased.
Aug 25, 2021
ECONOMY

Resumption of employment in Korea may still take months

KATHMANDU, August 13: Employment in South Korea, which has been suspended for nearly a year and a half, will take some time to resume. According to the Department of Foreign Employment, it will take time for the resumption of the employment due to the failure of the government to manage direct fligh...
Aug 13, 2021
ECONOMY

Rs 2 billion provided to relatives of Nepalis who died abroa...

KATHMANDU, August 5: The bodies of 24 Nepalis who died in Malaysia during employment were brought to Nepal a week ago. The bodies had been stranded in Malaysia for some time due to the limited regular flights following the COVID-19 pandemic. The Foreign Employment Board has stated that the bodies we...
Aug 05, 2021