Economy
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NRB study reveals dire financial conditions of Pokhara Finance, Narayani Development Bank, and Janaki Finance
The NRB’s in-depth study about Pokhara Finance, Narayani Development Bank, and Janaki Finance has found that these financial institutions are in dire straits.
Jan 15, 2025
UK Member of Parliament pledges to resume direct flight...
UK Member of Parliament pledges to resume direct flight...
Jan 15, 2025
Capital expenditure dismal in the first half of current...
Capital expenditure dismal in the first half of current...
Jan 15, 2025
NRB proposes allowing cooperatives take loans from bank...
NRB proposes allowing cooperatives take loans from bank...
Jan 15, 2025Most read this week
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Is Nepal Losing its Soulful Grip on Yoga?
Uncertainty clouds PM Oli’s India trip amid increased speculations over Delhi’s discontent
3Madhes-centric parties to discuss formation of a new front
4Two years since Yeti Airlines crash: An aviation tragedy hard to forget
5PM extends greetings on the occasion of Maghe Sankranti
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ECONOMY
‘15 % growth rate needed to meet agro target’
‘15 % growth rate needed to meet agro target’
KATHMANDU, July 29: The Ministry of Agriculture Development has said that to achieve the target of doubling agricultural produce in five years, which the government has stated in its annual budget for the Fiscal Year 2018/19, a growth rate of 15 percent has to be achieved on every agricultural produ...
Jul 29, 2018
ECONOMY
Commercial banks yet to reach 122 local units
Commercial banks yet to reach 122 local units
KATHMANDU, July 29: According to the latest data of the Nepal Rastra Bank (NRB), commercial banks have opened their branch offices in 631 local units so far, leaving 122 local units without their coverage.
Jul 29, 2018
ECONOMY
Mutual funds under Sebon scanner for over-reliance on bank interest
Mutual funds under Sebon scanner for over-reliance on bank i...
KATHMANDU, July 27: Securities Board of Nepal (Sebon) has initiated a process to take action against mutual fund managers for parking their cash in bank and financial institutions (BFIs) in amounts higher than the limit.
Jul 28, 2018
ECONOMY
Revenue worth Rs. 2.6 million collected
Revenue worth Rs. 2.6 million collected
NUWAKOT, July 28: The District Administration Office has collected revenue worth Rs. 2.69 million in the previous fiscal year 2074/75.
Jul 28, 2018
ECONOMY
Revenue worth Rs. 2.6 million collected
Revenue worth Rs. 2.6 million collected
NUWAKOT, July 28: The District Administration Office has collected revenue worth Rs. 2.69 million in the previous fiscal year 2074/75.
Jul 28, 2018
ECONOMY
Government transferred Rs 3.66b in last month of FY
Government transferred Rs 3.66b in last month of FY
KATHMANDU, July 28: The Ministry of Finance (MoF) has transferred Rs 3.66 billion from the government coffers so far in the final month of the Fiscal Year 2017/18. A total of Rs 1.66 billion, the highest amount in single transfer, has been allotted for paying to conflict victims and their families....
Jul 28, 2018
ECONOMY
Nepse posts modest weekly loss as consolidation continues
Nepse posts modest weekly loss as consolidation continues
KATHMANDU, July 28: The benchmark Nepal Stock Exchange (Nepse) Index, which started the week at 1193.39 points, suffered the first trading day declining over 8 points. Despite the Nepse Index rebounding on Monday and Tuesday's trading sessions to climb up to almost 1,200-point level, stocks logged i...
Jul 28, 2018
ECONOMY
Nepali citizens to be charged conservation fee to visit Lumbini
Nepali citizens to be charged conservation fee to visit Lumb...
Kathmandu, July 28: Now onwards, Nepali citizens will have to pay conservation fee to Lumbini Development Trust (LDT) in order to visit Lumbini, the birthplace of the Buddha.According to the LDT, Nepalis will have to pay an additional Rs 50 to carry a camera and Rs 500 to carry a video camera inside...
Jul 28, 2018
ECONOMY
BIMSTEC pre-summit set for next week
BIMSTEC pre-summit set for next week
KATHMANDU, July 27: Pre-summit of the Bay of Bengal Initiative for Multi-Sectoral and Economic Cooperation (BIMSTEC) is taking place in Kathmandu next week, prior to the fourth Summit.
Jul 27, 2018
ECONOMY
Mark Zuckerberg loses $17bn in a day & some investors want him fired as Facebook chairman
Mark Zuckerberg loses $17bn in a day & some investors want h...
CALIFORNIA, July 27: Facebook chairman and CEO Mark Zuckerberg is having a very bad day. On Thursday, he lost $17 billion of his fortune, Facebook shares dipped almost 20 percent, and now, some shareholders want his influence on the company reduced.
Jul 27, 2018