Economy

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ECONOMY

Consumers' committee surprises everyone, returns surplus money

KHOTANG, July 14: There are many cases where the officials of various consumers committee have been caught embezzling millions of rupees meant for development projects. Such irregularities have given a bad name to the consumers' committees.
6 years ago
ECONOMY

Japan provides Rs 274.1 million grant assistance for JDS Scheme

KATHMANDU, July 13: The government of Japan is to provide 282,000,000 Japanese Yan, the equivalent of about Rs 274.1 million grant assistance to Nepal for Human Resources Development Scholarship (JDS) Scheme in Japan's Fiscal year 2018.
6 years ago
ECONOMY, SOCIETY

Power generations from Trishuli, Devighat stations halts

TRISHULI, July 13: A technical team comprising over 15 people from the Nepal Electricity Authority (NEA) has been working to repair damages caused by a fire to two hydropower stations based in Nuwakot district.
6 years ago
ECONOMY

Government prepares to issue microinsurance license

KATHMANDU, July 13: Similar to microfinance institutions that cater financial needs of low-income and rural individuals or groups, the government is preparing to license microinsurance companies that will bring plans to provide coverage to people of low-income groups and low-valued assets.
6 years ago
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

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