KATHMANDU, August 20: The profits earned by the 27 commercial banks in the last fiscal year soared by 19.31 percent, backed by the flexible monetary policy and the banks’ earnings from the transaction of shares amid the impacts of the COVID-19 pandemic.
KATHMANDU, Jan 29: The impact of the COVID-19 pandemic on the banking sector is beginning to show. Bankers have said that the impact of COVID-19 has started to be felt after the profit of most banks declined in the first six months of the current fiscal year.
Tourists hiking in Nepal's Himalayan mountains are being pressured into costly helicopter evacuations at the first sight of trouble by guides linked to powerful brokers who are making a fortune on "unnecessary rescues", industry insiders say.
April 26: Facebook Inc (FB.O) shares rose on Wednesday after the social network reported a surprisingly strong 63 percent rise in profit and an increase in users, with no sign that business was hurt by a scandal over the mishandling of personal data.
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.
PARBAT, Sept 1: Farmers of Kurgha and Lamithana of Phalebas Municipality are having trouble in transporting milk to the market as the roads to the villages have been damaged in recent rains. Now they are spending the money earned from selling milk to repair the damaged roads.
KATHMANDU, June 6: Amnesty International has today released a report 'Turning People into Profits' bringing the issue of abusive recruitment, trafficking and forced labour of Nepali migrant workers into light.
KATHMANDU, Dec 19: The estimated cost for the Devsthal-Kainadanda section of Jajarkot-Dunai road was Rs 195.4 million. The actual project cost exceeded this by Rs 88.42 million, without sufficient technical clarifications.
LONDON, Oct 18: Manchester City achieved its second profit under its Abu Dhabi owners prior to a bout of heavy spending on players in the offseason which is aimed at title challenges in England and Europe.