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ECONOMY

Nepse down as monetary policy fails to appease investors

KATHMANDU, July 13: The Nepal Stock Exchange (Nepse) index maintained a slightly positive bias during morning trading session on Thursday. However, stocks came under pressure mid-day and continued to decline throughout the remaining sessions. At the close, the index stood at 1,191.98 points -- a dro...
6 years ago
ECONOMY

Monetary Policy a mixed bag for pvt sector

KATHMANDU, July 13: Nepal Rastra Bank (NRB) introduced Monetary Policy for Fiscal Year 2018/19 in Kathmandu on Wednesday.  The monetary policy unveiled a week before the new fiscal year begins has drawn positive responses from bankers, business leaders and economic analysts, as it focuses on reining...
6 years ago
ECONOMY

Tourism sites, hotels, enterprises brought under ambit of law

MYAGDI, July 12: Annapurna Rural Municipality of Myagdi district has brought tourism sites, hotels and restaurants under the ambit of law and tax.
6 years ago
ECONOMY

Nepal, China hold discussions to finalise PTTA

KATHMANDU, July 12: The second consultative meeting between Nepal and the People's Republic of China was held to finalise the Protocol on the Transit Transport Agreement in Beijing, China.
6 years ago
ECONOMY

PKD urges World Bank to invest in Nepal's priority areas

KATHMANDU, July 12: CPN Chairperson Pushpa Kamal Dahal urged the World Bank's representatives to consider investment in Nepal's highly prioritized sectors, stating that Nepal has already paved its path towards economic prosperity.
6 years ago
ECONOMY

Trade unions call for revision in minimum wage

KATHMANDU, July 12: Various trade union federations have demanded the government revise the minimum wage for workers it had announced recently.
6 years ago
ECONOMY

NRB moves to lower interest rates

KATHMANDU, July 12: Nepal Rastra Bank (NRB) has brought in monetary policy for the upcoming fiscal year 2018/19 with a number of measures aimed at addressing the skyrocketing lending rates in recent months.
6 years ago
ECONOMY

Banks can now count subsidized edu loans as deprived sector credit

KATHMANDU, July 12: The Nepal Rastra Bank (NRB) has introduced a provision in the Monetary Policy for Fiscal Year 2018/19 which allows banks to count loans against academic certificates, and higher education loans for students of marginalized and Dalit community, among others, as deprived sector len...
6 years ago
ECONOMY

NRB tightens personal overdraft, resources to stock market

KATHMANDU, July 12: Nepal Rastra Bank (NRB) has controlled the flow of investment of bank and financial institutions (BFIs) toward revolving type of credit including overdraft. Unveiling the Monetary Policy for Fiscal Year 2018/19, the central bank reduced the limit of personal overdraft loan to Rs...
6 years ago
ECONOMY

Paddy transplantation lower in eastern tarai

KATHMANDU, July 12: Paddy transplantation in eastern tarai districts is lower this season compared to other parts of the country. According to the report, paddy transplantation has been done on 30,625 hectares of land in Jhapa, 13,200 hectares in Morang, 11,000 hectares in Sunsari, 8,100 hectares in...
6 years ago

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