Rupee strengthens, gold glitters

Published On: September 10, 2016 12:40 AM NPT By: Republica

KATHMANDU, Sept 10: Nepali rupee gained 69 paisa against US dollar this week as the Indian currency, with which rupee is pegged, strengthened against the greenback. Gold price, on the other hand, increased by Rs 260 per 10 grams over the week.

Moneygram launches Dashain scheme

Published On: September 9, 2016 09:30 PM NPT By: Republica

KATHMANDU, Sept 9: Moneygram has launched a new scheme for Dashain festival, promising to make the festival 10 times more exciting and joyous.

Nabil Equity Fund to be opened for subscription from Sept 18

Published On: September 9, 2016 09:14 PM NPT By: Republica

KATHMANDU, Sept 9: Nabil Mutual Fund (NMF) has announced its second scheme named 'Nabil Equity Fund (NEF)'.

Siddhartha Bank launched two deposit products

Published On: September 9, 2016 09:06 PM NPT By: Republica

KATHMANDU, Sept 9: Siddhartha Bank Ltd has launched two fixed deposit accounts named 'Siddhartha Awakash Muddati Khata' and 'Siddhartha Premium Muddati Khata'.

HBL bags ADB award

Published On: September 9, 2016 09:04 PM NPT By: Republica

KATHMANDU, Sept 9: Asian Development Bank (ADB) has awarded the 'TFP Award 2016- Leading Partner Bank in Nepal'  to Himalayan Bank Limited (HBL).

Harmful 'vermillion powder' added in 'Chatpate' to give color

Published On: September 9, 2016 05:51 PM NPT By: Rudra Pangeni

KATHMANDU, Sept 5 'Chatpate' makers are found using non-edible color 'vermillion powder' to give it colorful look.

NRB to act strict against BFIs leaving merger midway

Published On: September 9, 2016 03:30 AM NPT By: Sagar Ghimire

KATHMANDU, Sept 9: Alarmed by the rising cases of merger and acquisition (M&A) process of bank and financial institutions (BFIs) collapsing midway, Nepal Rastra Bank (NRB) has introduced new measures of taking action against such BFIs or their directors if they do not implement merger or acquisition plan within a stipulated timeframe.

FM Mahara: No plan to bring supplementary budget

Published On: September 9, 2016 12:02 AM NPT By: Kuvera Chalise

KATHMANDU, Sept 9: Dispelling rumors that the government is planning to bring a supplementary budget, Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara has said that the government has no such plan.

Govt told to prepare roadmap for development of fast track, SIA

Published On: September 8, 2016 11:15 PM NPT By: Republica

KATHMANDU, Sept 8: The Development Committee of parliament has directed the government to prepare a clear roadmap to implement Kathmandu Tarai Madesh Fast Track and Second International Airport projects.

Subisu CAN CommTech 2016 kicks off

Published On: September 8, 2016 11:00 PM NPT By: Republica

KATHMANDU, Sept 8: Subisu CAN CommTech 2016 kicked off at the Bhrikuti Mandap Exhibition Hall in Kathmandu from Thursday. The four-day information communication technology (ICT) event is being organized by CAN Federation.