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17 banks reduce interest rates for Chaitra except for NIC Asia Bank

17 banks reduce interest rates for Chaitra except for NIC Asia Bank

- by Republica

KATHMANDU, March 13: Most of the commercial banks have reduced the deposit interest rate for the month of Chaitra (mid-March to mid-April). The latest interest rate table released by these banks indicates a decline in the average interest rate for personal term deposits by 0.51 percentage points in Chaitra (mid-March to mid-April) compared to Falgun (mid-February to mid-March).

Nepal govt urged to ratify ILO Convention 189

Nepal govt urged to ratify ILO Convention 189

- by Sabita Khadka

KATHMANDU, March 13: Despite the government's ban, Nepali women continue to engage in illegal domestic work abroad, resorting to illicit processes and routes. This has exacerbated issues of sexual exploitation and human trafficking. Since 2073 BS, Nepal has prohibited sending women for domestic work abroad.

BRI: A ‘Pandora’s box’?

BRI: A ‘Pandora’s box’?

- by Randhir Chaudhary

The Chinese Embassy in Nepal organized the Chinese Lunar New Year ceremony for the first time in Kathmandu on January 14, 2024, which was inaugurated by Prime Minister Pushpa Kamal Dahal. During the program, artists performed Chinese arts, acrobatics, and magic. More importantly, Vice Minister Sun Haiyan of the International Department of the Communist Party of China (CPCID) visited Nepal from January 26.

A Milestone in Nepal-Bangladesh Bilateral Ties

A Milestone in Nepal-Bangladesh Bilateral Ties

- by Republica

Nepal and Bangladesh have reached a landmark agreement on electricity tariffs, paving the way for enhanced cooperation and mutual benefit. The agreement, signed during a World Bank program in Singapore in the presence of the energy secretaries of the two countries, signifies a positive step forward in the bilateral relations between the two neighboring countries.

Investment company with Rs 10 billion capital base to be established under leadership of FNCCI

Investment company with Rs 10 billion capital base to be established under leadership of FNCCI

- by Republica

KATHMANDU, March 12: An investment company is said to be established engaging entrepreneurs and businessmen from all over the country under the initiative of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI). FNCCI President Chandra Prasad Dhakal revealed this initiative during the annual general meeting of the Birgunj Chamber of Commerce and Industry.

Groom arrested for calling off marriage over not receiving gold chain in dowry

Groom arrested for calling off marriage over not receiving gold chain in dowry

- by Bimala Gupta

BIRGUNJ, March 12: The police have arrested a groom who annulled his marriage after not receiving the expected golden chain in dowry, following a complaint filed by the bride on Monday night.  The groom, Umesh Shah, employed as a computer operator in the health section of Birgunj Metropolitan City was arrested at 2 AM on Tuesday.

Russian envoy calls on Foreign Minister Shrestha

Russian envoy calls on Foreign Minister Shrestha

- by Republica

KATHMANDU, March 12: Ambassador of the Russian Federation to Nepal, Alexei A. Novikov, paid a courtesy call on newly-appointed Deputy Prime Minister and Foreign Minister Narayan Kaji Shrestha.