KATHMANDU, August 15: Nepal Rastra Bank (NRB) on Friday unveiled the monetary policy 2021/22 amid ongoing criticism for delaying to issue one of the country’s important macroeconomic policies.

KATHMANDU, August 14: The country’s private sector has welcomed the monetary policy 2021/22, stating that the macroeconomic policy could provide respite to the COVID-19 affected industries including small and medium enterprises (SMEs) and tourism businesses, along with speeding up the economic recovery.

Agro expert Bhola Man Singh Basnet passes away

Published On: August 14, 2021 04:49 PM NPT By: Republica

KATHMANDU, August 14: Bhola Man Singh Basnet, an agronomist and a popular paddy expert at Nepal Agricultural Research Council, passed away on Saturday morning. Basnet succumbed to COVID-19.

Apex court issues show cause order on Advertisement Act

Published On: August 13, 2021 07:42 PM NPT By: RSS

KATHMANDU, August 13: The Supreme Court has issued a show cause order in the name of the government and sought a written response from it relating to the Advertisement Act which asks media to seek approval from the Advertisement Board before publishing advertisements.

Nepse closes week higher

Published On: August 13, 2021 07:37 PM NPT By: Republica

KATHMANDU, August 13: The equity market opened week on a flat note as the Nepal Stock Exchange (Nepse) index added a modest 0.68 point on Sunday. Lackluster trading stretched on Monday as the benchmark climbed another 1.47 points on Monday. Nonetheless, stocks saw strength at mid-week. The broad based index climbed 51.96 points on Tuesday, followed by a minor 0.85 advance on Wednesday. At the final trading day of the week, Nepse rose 16.5 points to end week at 3,162.41. Weekly gain stood at 71.46 points or 2.30%.

KATHMANDU, August 13: Nepal Rastra Bank has announced to promote fiscal year 2021/22 as electronic transaction promotion year.

KATHMANDU, August 13: The Governor of Nepal Rastra Bank (NRB), Maha Prasad Adhikari is unveiling the monetary policy for the fiscal year 2021/22 from NRB headquarters in Baluwatar.

Resumption of employment in Korea may still take months

Published On: August 13, 2021 03:30 PM NPT By: RUDRA KHADKA

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 flights as per the conditions set by South Korea.

NRB releasing monetary policy today

Published On: August 13, 2021 01:29 PM NPT By: Republica

KATHMANDU, August 13: Nepal Rastra Bank is going to make the monetary policy for the current fiscal year 2021/22 public today. A meeting of the Board of Directors of NRB held to discuss the monetary policy endorsed the policy for the current fiscal year.

KATHMANDU, August 13: Air Arabia, which has been flying from UAE to Kathmandu since Monday, has started carrying passengers from both destinations from Thursday. Due to the lack of rapid polymerase chain reaction (PCR) testing facility at Nepal's airport, Air Arabia had been carrying passengers coming to Nepal from the UAE since Monday.