ECONOMY
NRB tightens rules on promoter share transactions in BFIs
NRB tightens rules on promoter share transactions in BFIs
Nepal Rastra Bank (NRB) has made it mandatory to disclose details of buyers and sellers of promoters’ shares of banks and financial institutions (BFIs) if the transaction amount is more than five percent of the company’s paid-up capital or worth Rs 2.5 million.
1 hour ago
ECONOMY
Nepal’s economy struggles internally despite external gains
Nepal’s economy struggles internally despite external gains
Although Nepal’s latest macroeconomic report has shown a shiny outlook in its external sector indicators, the internal macroeconomic indicators post a bleak picture.
1 hour ago
ECONOMY
Lumbini province's income exceeds Rs 26 billion
Lumbini province's income exceeds Rs 26 billion
As per the budget presented by Minister for Economic Affairs and Planning, Dhanendra Karki, total Rs 26.75 billion has been deposited in the province reserve fund till the period. There is a system of depositing the amount received as grant, revenue disbursement from federal government and the inter...
2 hours ago
Market
KOICA to invest USD 12 million in climate-resilient rice production project in Nepal’s Ter...
KOICA to invest USD 12 million in climate-resilient rice pro...
According to KOICA, the project titled “Climate-Resilient Rice Production and Productivity Increase in the Terai Region of Nepal (CRRPPI-T)” will be implemented from 2026 to 2031 in partnership with the Ministry of Agriculture, Forest and Environment (MoAFE), along with the provincial go...
2 hours ago
Market
The British College receives BAC re-accreditation until 2030
The British College receives BAC re-accreditation until 2030
According to a statement issued by the college, TBC remains the first and only institution in Nepal to receive BAC re-accreditation. The accreditation is valid until May 31, 2030, following an institutional inspection conducted by BAC assessors from the United Kingdom.
2 hours ago
SOCIETY
CNI demands uninterrupted power supply to industries until legal case is settled
CNI demands uninterrupted power supply to industries until l...
Some industries have already paid the tariff as per Supreme Court's decision, while others are at work to clear the outstanding tariff. So, the industries are for unobstructed power supply.
2 hours ago
POLITICS
Krishna Bahadur Mahara steps back from active politics citing health concerns
Krishna Bahadur Mahara steps back from active politics citin...
Issuing a statement on the occasion of his 70th birthday, Mahara said he will no longer hold active responsibility in the party and will remain only as a general member.
2 hours ago
SOCIETY
Govt recovers Rs 120 million from troubled cooperatives, returns Rs 5.9 million to small d...
Govt recovers Rs 120 million from troubled cooperatives, ret...
According to the committee’s office, savings of 1,452 depositors with balances below Rs 10,000 from eight troubled cooperatives were returned during the review month. The refunds were made from the amounts recovered from the respective cooperatives.
2 hours ago
SOCIETY
Around 60,000 Nepali domestic workers in Kuwait without labour permits: Minister
Around 60,000 Nepali domestic workers in Kuwait without labo...
“Approximately 60,000 domestic workers in Kuwait are working without labour permits,” he said. “When they face difficulties, it becomes hard to provide assistance because access to services through the Labour Board requires legal labour approval.”
3 hours ago
SOCIETY
Monsoon onset in Nepal remains uncertain, El Niño blamed for delay
Monsoon onset in Nepal remains uncertain, El Niño blamed for...
The onset of the monsoon in Nepal, which typically begins around June 13, is likely to be delayed this year, according to meteorological analysis.
3 hours ago