KATHMANDU, Feb 21: Nepal Rastra Bank (NRB) has issued a circular to bank and financial institutions (BFIs), enacting three provisions introduced through the mid-term review of Monetary Policy for Fiscal Year 2018/19.  In the circular issued to BFIs on Wednesday, the central bank directed BFIs to lower the maximum interest rates on loans floated under the general refinance fund to 8 percent.

LG opens new showroom at Gwarko

February 21, 2019 05:30 am

KATHMANDU, Feb 21: CG Electronics Pvt Ltd, the authorized distributor for LG in Nepal, recently launched a showroom at Gwarko of Lalitpur.

Gas bottlers warn of protest

February 21, 2019 05:00 am

KATHMANDU, Feb 21: Gas bottlers have threatened to launch series of protest programs if the government continued to turn deaf ears toward their demands.

SINGAPORE. Feb 20: Oil prices were around 2019 highs on Wednesday, propped up by supply cuts led by producer club OPEC and by U.S. sanctions on Iran and Venezuela.

10 companies pitch business ideas

February 20, 2019 10:00 am

KATHMANDU, Feb 20: Ten companies pitched their business ideas at the Enterprise Demo Day 2019 organized jointly by One to Watch and Accelerator Nepal on Tuesday.

KATHMANDU, Feb 20: Nepal Rastra Bank (NRB) has released the mid-term review report of the monetary policy for the current Fiscal Year 2018/19, bringing some measures aimed at checking ultra-high lending rates and availing more lendable fund to the private sector.

KATHMANDU, Feb 20: Water Supply Secretary Gajendra Thakur has been transferred following a dispute with Bina Magar, the line minister, on Tuesday over whether to let the Italian construction company complete the remaining work on the Melamchi Drinking Water Project.

Nepalis spent Rs 48b on foreign holidays

February 20, 2019 06:30 am

KATHMANDU, Feb 20: Nepalis spent a whopping Rs 48 billion on foreign holidays in the first half of Fiscal Year 2018/19.

KATHMANDU, Feb 20: Stocks opened the day's trading on a strong note. The first trading hour saw the Nepal Stock Exchange (Nepse) index add more than 13 points.

POKHARA, Feb 20: Gandaki Province is celebrating Internal Tourism Year 2019 -- a year-long domestic tourism promotional campaign -- without any preparatory work.