ECONOMY
NRB to establish separate regulatory body for cooperatives
NRB to establish separate regulatory body for cooperatives
KATHMANDU, July 23: Nepal Rastra Bank (NRB) will facilitate the establishment of a separate regulatory body to regulate cooperatives as announced by the government in the budget for the current fiscal year 2023/24. This decision has been made public by the NRB through the new monetary policy today.
Jul 23, 2023
ECONOMY
NRB raises housing loan limit to facilitate house building
NRB raises housing loan limit to facilitate house building
KATHMANDU, July 23: Nepal Rastra Bank (NRB) has introduced a progressive monetary policy for the current financial year 2023/24, aiming to support the construction of houses for individuals and families.
Jul 23, 2023
ECONOMY
NRB keeps bank rate unchanged, general flexibility in policy rate
NRB keeps bank rate unchanged, general flexibility in policy...
KATHMANDU, July 23: Nepal Rastra Bank (NRB) has reduced the policy rate keeping the bank rate unchanged at 7.5 percent. While unveiling the monetary policy for the fiscal year 2023/24, the NRB announced that the policy rate has been reduced by to 6.5 percent in view of the internal and external econ...
Jul 23, 2023
ECONOMY
Nepalis can now withdraw $2500 USD as per new monetary policy
Nepalis can now withdraw $2500 USD as per new monetary polic...
KATHMANDU, July 22: Nepal Rastra Bank has announced a favorable change for Nepali citizens traveling abroad in the financial year 2023/24.
Jul 23, 2023
My City, Entertainment, Movies
Comic-Con: ‘John Wick’ Prequel Event Series ‘The Continental’ to Debut in September
Comic-Con: ‘John Wick’ Prequel Event Series ‘The Continental...
The upcoming John Wick event series, a three-part movie from director and executive producer Albert Hughes, finally has an air date, according to the report by The Hollywood Reporter.
Jul 23, 2023
ECONOMY
NRB unveils monetary policy for FY 2023/24
NRB unveils monetary policy for FY 2023/24
KATHMANDU, July 23: On Sunday, Nepal Rastra Bank (NRB) unveiled the monetary policy for the current financial year 2023/24, making significant adjustments to key interest rates. The policy rate has been reduced from 7 percent to 6.5 percent, a move aimed at stimulating economic growth.
Jul 23, 2023
POLITICS
CPC Politburo Member Yuan Jiajun arrives in Kathmandu for three-day visit
CPC Politburo Member Yuan Jiajun arrives in Kathmandu for th...
KATHMANDU, July 23: Yuan Jiajun, a politburo member of the Communist Party of China (CPC), arrived in Kathmandu on Sunday. He arrived in Nepal after completing his visit to Sri Lanka.
Jul 23, 2023
Lifestyle, My City, Entertainment, Music
UK band The 1975 cancels Indonesia, Taiwan shows after Malaysia LGBT controversy
UK band The 1975 cancels Indonesia, Taiwan shows after Malay...
July 23, British band The 1975 said on Sunday they have cancelled shows in Taiwan and Muslim-majority Indonesia, a day after Malaysia banned them from performing there after their frontman kissed a bandmate on stage and criticised the country's anti-LGBT laws.
Jul 23, 2023
ECONOMY
Testing of 40 MW Upper Chameliya Hydroelectric Project commences
Testing of 40 MW Upper Chameliya Hydroelectric Project comme...
KATHMANDU, July 23: The testing phase of the 40 MW Upper Chameliya Hydroelectric Project, constructed on the Chameliya River bordering Darchula and Baitadi, has commenced successfully.
Jul 23, 2023
POLITICS
One more arrested in connection with Lalita Niwas land-grab scam
One more arrested in connection with Lalita Niwas land-grab...
KATHMANDU, July 23: One more person has been arrested in connection with the Lalita Niwas land-grab scam.
Jul 23, 2023