header banner

Economy

Latest

ECONOMY

Private sector leaders ask NRB to devise monetary policy to...

NRB-Jan.jpg
KATHMANDU, July 9: Private sector leaders have advised the Nepal Rastra Bank (NRB) to bring the monetary policy for the upcoming fiscal year – FY2019/20 with a focus on maintaining the interest rates stability.
Jul 09, 2019
ECONOMY, Latest Updates

617,252 yet to receive smart license cards

smart%20licenses.jpg
KATHMANDU, July 9: A total of 617,252 people are using payment receipts issued by the Department of Transport Management (DoTM) as substitutes of driving license as of Monday, due to inability of the department to provide smart license to the applicants on a timely manner.
Jul 09, 2019
ECONOMY, POLITICS

Ministers make contradictory statements over pesticides labs...

Matrika%20Yadav.png
KATHMANDU, July 9: Minister for Industry, Commerce and Supplies Matrika Prasad Yadav has said that the government rolled back its decision to conduct pesticide residue tests on fruits and vegetables imported from India and third countries after it was found that the customs points were ill-equipped...
Jul 09, 2019
ECONOMY, SOCIETY

Sudur Paschim on spending spree as fiscal year nears end

Sudur Paschim on spending spree as fiscal year nears end
DHANGADHI, July 9: As the current fiscal year nears its end, Sudur Paschim Province has intensified development activities, spending the development budget in a hurry so as to prevent budget-freezing.
Jul 09, 2019
ECONOMY

NA endorses Appropriation Bill-2076 BS

NA-Endorse.jpg
KATHMANDU, July 8: The Appropriation Bill- 2076 BS has been approved by the National Assembly (NA) today.
Jul 08, 2019
ECONOMY

Nepal lacks labs to conduct pesticide residue tests on impor...

Matrika%20Yadav.png
KATHMANDU, July 8: Minister for Industry, Commerce and Supplies Matrika Prasad Yadav on Monday admitted that the government backtracked on its decision to conduct pesticide residue tests on fruits and vegetables imported from India and third countries due to lack of modern labs at the customs points...
Jul 08, 2019
ECONOMY

Tanahun hydro project: 4 companies submit bids for dam const...

Tanahun hydro project: 4 companies submit bids for dam construction
KATHMANDU, July 8: Four different companies have come up with formal intent for the construction of structures, including a dam in Tanahun hydropower project. Four companies, including a consortium of Nepali entity, have submitted quotations for the construction of different structures in the 150-MW...
Jul 08, 2019
ECONOMY, WORLD

Deutsche Bank axes whole teams in Asia-Pacific as 18,000 job...

Deutsche.jpg
SYDNEY/HONG KONG, July 8: Whole teams in Deutsche Bank’s (DBKGn.DE) Asian operations were told their positions were gone on Monday, as the lender began axing 18,000 jobs globally in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis.
Jul 08, 2019
ECONOMY

Paddy transplantation completed on 15% of fields so far

plaugs-paddy-field-02.jpg
KATHMANDU, July 8: Lack of sufficient rainfall takes toll on paddy cultivation as transplantation has been completed on only around 15% of paddy fields across the country, according to Department of Agriculture (DoA).
Jul 08, 2019
ECONOMY

10 priorities identified for financial consumer protection,...

Sebon%20Conference.jpg
KATHMANDU, July 8: Financial and securities market experts and high-level officials from Asia Pacific region who were in Kathmandu last week have identified 10 major priorities for financial consumer protection and education.
Jul 08, 2019