Category/business-economy (Total Articles : 32 )
Budget for the financial year 2080/081 is 17 trillion 51 billion 31 crore
Kathmandu. The government has presented a budget worth Rs 17 trillion 51 billion 31 crore for the next financial year. Out of the total allocation, 11 trillion 41 billion 780 million rupees or 65.20 percent is for current, 3.2 billion 7 billion rupees for capital...
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Europe's economy slows down and US also high risks falling apart
Kathmandu. Germany is the largest economy in Europe. Now there are news that the economy has been pushed into economic recession. According to the recently released data by the German Statistics Office, the economy shrank by 0.3 percent in the first quarter of 2023. Germany...
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After the ban of INR 2000 notes in India that may be increase to keep black money in Nepal
Kathmandu. The central bank's decision to remove the 2000 note from circulation in India has caused an uproar. It is certain that it will have a significant impact on the Nepalese economy. The Indian central bank 'Reserve Bank of India - RBI' said through a...
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NEPSE as Bullish Trend with increased by 142 points in seven days
Kathamnu. The NEPSE index rose for the seventh consecutive trading day. NEPSE, which has been rising since Tuesday of last week, has continued the same pace on this day as well. The NEPSE index has gained 141.78 points in the last 7 trading days. On...
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'Top 5 (Five) commercial banks of Nepal as paid of capital and net Profit
Kathmandu. Banks are more competing in banking sector of Nepal. Now Banks have started to compete on the basis of capital size, deposit collection and loan flow, branch network basis, profit basis etc. In terms of capital, Global IME Bank, which merged with Bank of...
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What is the distributable profit of microfinance companies of Nepal ?
6 companies are negative and 27 microfinance are goodKathmandu. Recently, there has been a contraction in the profits of microfinance financial institutions. Profits were affected due to increase in bad loans of companies. Along with the increase in bad loans...
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The interest rate has decreased and the economic activity is progressing positively : Mahaprasad Adhikari, Governor
Kathmandu. Mahaprasad Adhikari, Governor of Nepal Rastra Bank, said that economic activity is increasing when the interest rates of banks are decreasing. Addressing the main ceremony held on the occasion of the 68th anniversary of Rashtra Bank, the governor officer said this. The governor...
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Why NEPSE continues to decrease and investors looking for ?
Kathmandu. The market has been gradually decreasing for about one and a half years. The market capitalization, which reached about 44 billion, has fallen to around 27 billion by Thursday. Meanwhile, when will the 20-month-long bearish trend end? Investors say that this is the question...
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CNI's team suggestions for reduce bank's interest rate to meet Finance Minister Dr. Prakash shara n Mahat
Kathmandu. Confederation of Nepal Industry (CNI) newly appointed Finance Minister Dr. Discussed with Prakash Sharan Mahat about improving the country's economy. The confederation has suggested 10 points to the finance minister that to improve the economy immediately.The confederation team led...
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Rastra Bank's instructions to reduce the dividend of microfinance to 15 percent
Kathmandu. Rastra Bank issued a circular to the Microfinance Financial Institutions of 'D' category on gave various instructions. Rastra Bank tightened the profit distribution from the microfinance business to the shareholders. So that the share price of most microfinance listed in NEPSE fell. 45 microfinance...
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The World Bank warning to Banking crisis in America and Europe
Kathmandu. The banking crisis in the US and Europe has raised fears of a global recession. Now the World Bank has given such a warning in one of its reports.The World Bank has said that by 2030, the pace of...
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Banks can provide loans : Now Bank interest rate and CD Ratio decreased
Kathmandu. Now most of the banks and financial institutions are marketing loan products. Borrowers are requested to request a loan. Earlier, in order to increase deposit collection in banks and financial institutions, the banks had introduced a plan to increase the savings up to...
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CIT (Citizen Investment Fund) 33rd anniversary has completed
Kathmandu- The 33rd anniversary of Citizen Investment Fund has been completed. The fund celebrated its anniversary by organizing a ceremony at the fund's office.Revenue Secretary of the Ministry of Finance at the anniversary ceremony. Ram Prasad Ghimire said that on...
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US 16th largest Silicon Valley Bank (SVB) has Collapsed
Kathmandu. Silicon Valley Bank (SVB), America's 16th largest bank, has closed. With this, the bank's 40-year run has come to an end. The regulators closed the bank on Friday and seized the deposits. Silicon Valley Bank, the 16th largest bank in the US, has been...
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A shock to China's economic growth by Corona pandemic
Kathmandu. Covid -19 has badly shaken China's economy. Because of this, China's economic growth rate target is seen to decrease. China has set a target of 5 percent economic growth rate for this year. According to the government's task force report, the National People's Congress...
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