‘Remittance will be used for capital formation now’

Published On: June 13, 2022 01:35 PM NPT By: Republica

KATHMANDU, June 13: Finance Minister Janardan Sharma has said that remittances from Nepali people who have gone for foreign employment have helped in improving the rural economy. Speaking on the occasion of the 22nd anniversary of IME Limited, a remittance company under the IME Group, Finance Minister Sharma said that the role of remittance companies in earning foreign exchange was significant.

Minister Khand pledges workers’ security

Published On: June 13, 2022 10:35 AM NPT By: Republica

KATHMANDU, June 13: Minister for Home Affairs, Bal Krishna Khand has said that the government is committed to workers’ security and that the Ministry of Home Affairs will sincerely work for the security of workers.

KATHMANDU, June 13: The Chitwan National Park has decided to suspend jungle safari, jungle walk and other activities inside the Park from June 15 citing the arrival of the monsoon.

GENEVA (SWITZERLAND), June 12: Nepal has demanded international forums including the World Trade Organization (WTO), the United Nations and various multilateral funding agencies to ensure adequate transitional support to facilitate smooth, irreversible and sustainable graduation from the Least Developed Country (LDC) status.

Nepse mulls over opening secondary market six days a week

Published On: June 12, 2022 07:16 PM NPT By: Republica

KATHMANDU, June 12: Nepal Stock Exchange (Nepse) is considering opening the secondary market for stock transactions six days a week.

KATHMANDU, June 12: Sudurpaschim Province has lagged behind in terms of economic progress despite having abundant natural resources, according to a recent study carried out by Nepal Rastra Bank (NRB).

Nepal drops down further on global budget transparency index

Published On: June 12, 2022 05:16 PM NPT By: Republica

KATHMANDU, June 12: Nepal fell 12 places on the budget transparency index in 2021, with the country delaying in making main documents public and publishing the country’s annual report late.

NEA requests Gandaki govt to facilitate power projects

Published On: June 12, 2022 04:30 PM NPT By: Republica

Kathmandu, June 12 :  Nepal Electricity Authority (NEA) has requested the provincial government to pave the way for smooth construction of power transmission and distribution projects in 11 districts of Gandaki Province

Gold price rises by Rs 1500 in a single day

Published On: June 12, 2022 04:29 PM NPT By: Republica

KATHMANDU, June 12: The price of fine gold in the domestic market is Rs 99,200 per tola today, an increase of Rs 1,500 from that of yesterday. Gold was traded at Rs 97,700 per tola the previous day. The increase is the biggest one witnessed this month.

KARNALI, June 12: Karnali Province Government’s Minister for Economic Affairs and Planning Bindaman Bista has presented the province’s Economic Survey 2022/23 in the Province Assembly. The minister presented the document in the 12th meeting of the 10th session of the Province Assembly on Saturday.