August 19, 2019 05:30 am
SINDHULI, Aug 19: Kiran Shrestha of Kamalamai Municipality reached Sindhuli District Hospital with his ill son early morning on Sunday.
April 23, 2019 04:00 am
ROLPA, April 23: The auxiliary health workers (AHWs) of three wards of Madi Rural Municipality of Rolpa are handling the responsibility of ward secretaries due to the lack of sufficient workforce.
October 5, 2018 06:30 am
KATHMANDU, Oct 5: The chief of the Truth and Reconciliation Commission, Surya Kiran Gurung, has complained that the government's delay in providing necessary funds and staffers for the transitional justice mechanism has hindered investigation into war-era cases.
August 4, 2018 09:28 am
RUPANDEHI, Aug 4: One year after the election of local representatives, most of the local units in rural areas are still operating without full manpower. Though political parties and candidates during the election campaigns pledged to bring the facilities of 'Singha Durbar' to the villages, that has been nothing more than a myth so far.
July 18, 2018 02:30 am
ILAM, July 18: Locals living in remote areas of Ilam district were delighted to know that they would no longer have to walk to the district headquarters seeking any kind of government service since most government authorities were to be merged with the local units.
June 19, 2018 02:15 am
KATHMANDU, June 19: Bankers have demanded the removal of credit to core capital and deposit (CCD) ratio, stating that the prudential lending limit set by the Nepal Rastra Bank (NRB) is the main culprit behind the ‘credit crunch’.
June 10, 2018 04:30 am
RASUWA, June 10: The shortage of construction materials has halted the repair and maintenance work of Pasang Lhamu Highway.
April 8, 2018 04:30 am
RUKUM, April 8: Locals in Rukum have been reeling under an acute shortage of medicines due to the lack of supply from the Regional Health Office. Even the local units have not paid much heed to this problem, leaving patients ailing in lack of treatment.
April 7, 2018 03:48 am
ILAM, April 6: Even nine months after the formation of the local governments, lack of manpower has still been an unsolved problem. This has not only delayed the development projects at the local level but also deprived the people of government services. It has been a real challenge for the available staffers to do multi-tasking to manage everything.
February 14, 2018 02:26 am
KATHMANDU, Feb 13: About a dozen under-construction hydropower projects, which were expected to complete within next 12 months, have started suffering fund crunch as bank and financial institutions (BFIs) have stopped releasing committed loans to these projects.
February 9, 2018 20:37 pm
KATHMANDU, Feb 9: Participants in an international conference going on in Kathmandu pointed out the yawning resource gap in the area of women, peace and security issues across the world.
February 7, 2018 10:15 am
KATHMANDU, Feb 7: Nine commercial banks have earned net profits of over Rs 1 billion in the first half of the current Fiscal Year 2017/18. Not only half-dozen new commercial banks have joined the one-billion profit earners' league, the net profits of most of the commercial banks have also gone up in the review period.
January 25, 2018 00:30 am
Yubaraj Khatiwada, former governor of Nepal Rastra Bank and former vice-chairman of National Planning Commission, was involved in drafting election manifesto of the Left Alliance. He is also thought of as a key architect of economic policies to be adopted by the upcoming government. What does the left governance have in store vis-à-vis Nepal’s economy and its economic relation with foreign donors? Mahabir Paudyal and Sagar Ghimire met the veteran economist to discuss a range of economic issues.
January 7, 2018 09:02 am
ROLPA, Jan 7: Access to medical services has always been a matter of struggle for the locals of Rolpa. Lack of adequate number health centers force people from several remote areas of the district to visit the district hospital. However, the District Hospital is also in equally sorry state. Neither is it equipped with necessary tools and machines nor is it able to provide free medicines to the people.
January 6, 2018 09:30 am
NUWAKOT, Jan 5: Upendra Adhikari of Chogade village in Nuwakot had started constructing his house right after the Dashain festival. The earthquake victim had gathered materials for the building well in advance. He had planned to get it built within six months. However, so far, not even twenty percent of the work has been over, he laments.
January 3, 2018 08:22 am
KATHMANDU, Jan 3: The government has taken initiatives toward resolving the problem of 'credit crunch' that has again grappled the banking sector due to mismatch between in deposit and loan growths.
December 29, 2017 09:30 am
KATHMANDU, Dec 29: Due to lack of farsightedness and aggressive lending practices among banks and financial institutions (BFIs), credit is getting very expensive for borrowers.
December 28, 2017 16:31 pm
LAHAN, Dec 28: Farmers in Siraha are a worried lot these days due to the shortage of fertilizers at the time of what cultivation.
October 5, 2017 14:58 pm
BUENOS AIRES, Oct 5: Argentina will start Thursday’s crunch World Cup qualifier against Peru with a mind on all-out attack in the hope of gaining the three points that would ease the pressure on them for a place in Russia next year, coach Jorge Sampaoli has said.
July 19, 2017 02:15 am
KATHMANDU, July 18: The reconstruction of one-third of earthquake destroyed schools will be halted after a year due to financial crunch.
May 30, 2017 00:10 am
ILAM, May 30: Uday Chapagain, owner of the Gorkha Tea Estate is quite worried these days. Tea leaves in his estate are waiting to be harvested. If delayed, the quality of the tea produced from them would be affected. However, as he is not getting labors to pick those leaves he is feeling helpless.
May 1, 2017 07:30 am
BIRGUNJ, April 30: An ambitious town development project of Birgunj has been severely hit due to lack of budget. With the development works of the ‘Secondary Town Integrated Urban Environmental Improvement Project (STIUEIP) left midway citing budget crunch, the city is disarray and dust has blanketed roadside settlements. Locals are worried of the fast approaching monsoon.
April 25, 2017 09:04 am
KATHMANDU, April 25: Chief Executive Officer (CEO) of National Reconstruction Authority (NRA) Govindra Raj Pokharel has said that the reconstruction works have been delayed due to the lack of human resources in various parts of the earthquake-affected districts.
February 23, 2017 00:05 am
Greece approaches debt crunch point
February 5, 2017 13:07 pm
KATHMANDU, Feb 5: The Ministry of Drinking Water and Sanitation has warned that the Kathmandu Valley residents will be facing a severe drinking water shortage if an amount of Rs 310 million is not handed to the Kathmandu Upatyaka Khanepani Limited (KUKL) immediately.
February 2, 2017 03:44 am
KATHMANDU, Feb 11: Bankers have lamented the inaction of Nepal Rastra Bank (NRB) toward addressing the existing problem of credit crunch.
February 1, 2017 19:36 pm
KATHMANDU, Feb 1: Nepal Rastra Bank (NRB) has clarified that there is no liquidity crunch in the finance market.
February 1, 2017 01:11 am
KATHMANDU, Jan 31: While bank and financial institutions (BFIs) are raising their fixed deposit rates rapidly to lure deposits to overcome the shortage of loan-able funds, many bankers say such move is less likely to pump money into the banking system.
January 23, 2017 01:00 am
KATHMANDU, Jan 23: As civil servants continued to show reluctance to work for the National Reconstruction Authority (NRA), the authority has initiated preparations to hire necessary staffers on a contract basis to resolve the problem.
January 10, 2017 08:05 am
KATHMANDU, Jan 10: As banks and financial institutions (BFIs) up their 'aggressive' lending, Nepal Rastra Bank (NRB) has taken a cautious strategy of tightening liquidity (loan-able funds) to curb any lending binge, particularly in unproductive sectors.
January 7, 2017 09:07 am
KATHMANDU, Jan 7: Bank and financial institutions (BFIs), which have been seeking financing facility from the Nepal Rastra Bank (NRB) to ease 'liquidity crunch' problem, have showed reluctance to receive funds from the central bank under repo having two-week maturity.
November 18, 2016 11:36 am
PALPA, Nov 18: The government run health institutes in Palpa district are facing acute shortage of essential medicinal supplies for the past three months.
October 24, 2016 02:40 am
KATHMANDU, Oct 24: Microfinance institutions (MFIs) have sought permission to mobilize deposit from public after their traditional source of fund is likely to dry up following the new requirement for commercial banks to extend 2 percent of their total loans to deprived sector.
October 20, 2016 00:50 am
KATHMANDU, Oct 20: Thanks to budget constraints, the government is likely to miss its own deadline for completing the reconstruction and renovation of historical monuments that were ravaged by earthquake last year.
September 17, 2016 09:40 am
SINDHULI, Sept 17: The healthcare services in many government health facilities in Sindhuli district have been adversely affected in lack of adequate health personnel.
September 2, 2016 17:56 pm
SINDHUPALCHOWK, Sept 2: Damp Proof Course (DPC) has been completed. A total of 12 pillars have already been put up. The sings of happiness which once could be visible across his face are gradually dying out.
August 25, 2016 00:20 am
KATHMANDU, Aug 25: With the shortage of US dollars becoming acute, commercial banks are preparing to bring the greenback from their accounts in foreign banks. The banks are still undecided about the volume of dollar bills they wish to bring in to ease the shotage of the U.S. currency in Nepal.