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NRB increases limit for banks to borrow in foreign currency
Published On: November 11, 2018 04:30 AM NPT By: Republica
KATHMANDU, Nov 11: Nepal Rastra Bank (NRB) has relaxed a rule on the limit of fund that a Nepali commercial bank can borrow in convertible currency from foreign institutions.
Country imports artificial flowers worth Rs 335 million
Published On: November 11, 2018 03:00 AM NPT By: Republica
KATHMANDU, Nov 11: Import of artificial flowers has gone up in the first quarter of the fiscal year, owing to increased consumption during the festive season.
Maximum auto loan limit lowered to 50 pc
Published On: November 7, 2018 09:48 AM NPT By: Republica
KATHMANDU, Nov 7: Banks and financial institutions (BFIs) will now be allowed to provide only 50 percent loans for the purchase of automobiles for personal use. Issuing a new circular on Tuesday, Nepal Rastra Bank lowered the limit of the loan-to-value ratio in the purchase of autos to 50 percent from the existing 65 percent.
Foreign exchange limit for outbound Nepalis lowered to $1,500
Published On: November 7, 2018 06:30 AM NPT By: Sagar Ghimire
KATHMANDU, Nov 7: Nepal Rastra Bank (NRB) has reduced the maximum amount of foreign currency that a Nepali national can buy while going abroad.
Myagdi receives Rs 1 billion in remittances this festive season
Published On: November 7, 2018 03:30 AM NPT By: Hari Krishna Gautam
MYAGDI, Nov 7: Myagdi district has received over Rs 1 billion in remittances in the festive season of Dashain and Tihar, a time when Nepalis working abroad send home money.
Panel formed to probe Karnali-Rara Tourism Year expenses
Published On: November 7, 2018 03:00 AM NPT By: Nagendra Upadhyaya
SURKHET, Nov 7: The Public Accounts Committee of (PAC) of Karnali Provincial Assembly has formed a panel to look into expenses made during the inauguration of Karnali-Rara Tourism Year 2018.
NEPSE closes with green notification as it sees double-digit rise
Published On: November 6, 2018 05:18 PM NPT By: Republica
KATHMANDU, Nov 6: The domestic sharemarket enjoyed a double-digit rise today, the third day of the week. The stock market had formally entered the full-automated online system from today.
Online system comes into operation for stock market
Published On: November 6, 2018 05:06 PM NPT By: Republica
KATHMANDU, Nov 6: The domestic stock market has formally switched into an online system with Minister for Finance Dr Yuva Raj Khatiwada initiating the online system here today.
Raxaual-Amlekhgunj petro pipeline project produces 50 percent progress
Published On: November 6, 2018 01:45 PM NPT By: Republica
HETAUDA, Nov 6: The installation of petroleum pipelines from Raxaul to Amlekhgunj has witnessed a fifty percent progress. Works to develop an underground network to bring petroleum products from Raxual, India to Amlekhgunj have been intensified.
Rasuwa brimming with Nepali tourists
Published On: November 6, 2018 11:18 AM NPT By: HIMNATH DEVKOTA
RASUWA, Nov 6: Rasuwa welcomed more than 12,000 domestic tourists in the first quarter of Fiscal Year 2018/19.
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