Nepal Life Insurance Company bags Frost & Sullivan award

Published On: November 13, 2016 08:35 PM NPT By: Republica

KATHMANDU, Nov 13: Nepal Life Insurance Company (NLIC) has bagged 'Financial  Institution of the year- Insurance Company' in the 'Best Practices Award 2016' segment.

Sanima Bank supports community park

Published On: November 13, 2016 08:35 PM NPT By: Republica

KATHMANDU, Nov 13: Sanima Bank Ltd has donated a lawn mower to Community Service Center in order to maintain the beauty of Nandikeshar garden in Narayanchaur, Naxal.

Mahjong asked to settle liabilities of NRC employees

Published On: November 13, 2016 08:23 PM NPT By: Republica

KATHMANDU, Nov 13: The Supreme Court has quashed a writ petition filed by Casino Mahjong, which operates a casino in Soaltee Crowne Plaza premises, requiring the casino operator to clear liability of 49 employees of the Nepal Recreation Center (NRC).

Anger rising in India as banks slow to dispense cash to millions

Published On: November 12, 2016 06:02 PM NPT By: Reuters

NEW DELHI, Nov 12: Anger rose across India on Saturday as banks struggled to dispense cash after the government withdrew large denomination notes in a shock move aimed at uncovering billions of dollars of unaccounted wealth hidden from the taxman.

45 MW to be added to the central transmission line

Published On: November 12, 2016 04:21 PM NPT By: Republica

KATHMANDU, Nov 12: The national grid is to get an additional 45 MW in the next 18 months.

NEA trade unions up in arms against Ghising

Published On: November 12, 2016 01:20 AM NPT By: Republica

KATHMANDU, Nov 12: At a time when Nepal Electricity Authority (NEA) is chalking out plans to eradicate load-shedding altogether under the leadership of its newly appointed managing director Kulman Ghising, two trade unions of the power utility are playing spoilsport.

Nepse tanks 52 points as BFIs raise interest rates

Published On: November 12, 2016 12:30 AM NPT By: Republica

KATHMANDU, Nov 12: The Nepal Stock Exchange (Nepse) index nosedived 51.95 points this week to close at 1,697.17 points on Thursday--the last trading day of the week.

NRB may seek proof of earning for exchange

Published On: November 12, 2016 12:00 AM NPT By: Sagar Ghimire

KATHMANDU, Nov 12: Nepal Rastra Bank (NRB) officials have said that they may ask people having 1,000 and 500 Indian rupee bills to furnish proof of the exchange that they had if it decides to provide exchange facility for people holding Indian currency legally.

Colors Pride P85 launched

Published On: November 11, 2016 10:10 PM NPT By: Republica

KATHMANDU, Nov 11: Colors Mobile has brought its new smartphone, Colors Pride P85 with fingerprint sensor, in the Nepali Market.

IFC, Global IME Bank discuss mutual cooperation

Published On: November 11, 2016 09:55 PM NPT By: Republica

KATHMANDU, Nov 11: The International Finance Corporation (IFC) has held a meeting with Global IME Bank Ltd (GIBL) to discuss about mutual cooperation between the two institutions.