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.

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

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.

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.

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.