Category/exclusive-news (Total Articles : 2441 )
Rs. 1474.64 billion Budget announced for the fiscal year 2077/078
Finance Minister Dr. Yubaraj Khatiwada has announced the budget of Rs. 1474.64 billion for the fiscal year 2077/078.Of this, Rs. 948.94 billion has been allocated for current expenditure, Rs. 352 billion for capital expenditure and Rs. 172 billion...
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China prepares to introduce digital Yuan by 2022
China is preparing to introduce the digital yuan in 2022. China is currently embarking on a digital yuan currency pilot project called E-RMB.The Central Bank of China, the People's Bank of China, has started work on the project in four...
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21 Development Bank's profit increased by 10.39 percent
In the third quarter of the current fiscal year, the profit of 21 development banks has increased by an average of 10.39 percent. The profit growth rate of development banks is 2.36 percent higher than that of commercial banks.In the third quarter, 21 development...
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61 percent citizens have Bank accounts in Nepal
As the government has promoted financial access, it has been found that about 61 percent of the people have bank accounts in banks and financial institutions. By mid-February of the current fiscal year, 746 out of the total 753 branches of commercial banks have been...
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Corona impacts, Rs 168 billion loss on economy: NRB
This is stated in the third quarterly review of the monetary policy of Nepal Rastra Bank (NRB), which has caused a loss of more than Rs 168 billion to the Nepalese economy due to the corona virus infection. With an average economic growth of 7.3...
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32 trillion investment of banks and finance at risk - Experts
Effect of Corona Covid-19Banks and financial sector investments are at risk due to the corona virus (Covid-19). Investments by banks and the financial sector to be at risk as uncertainty grows about when will the corona virus ended.
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18 commercial banks issued 52.60 billion bonds
Kathmandu. Bonds of Rs. 52.60 billion have been issued up to the third quarter of the current Fiscal Year 2076/77.The Nepal Rastra Bank (NRB) said in a quarterly review of monetary policy that 18 commercial banks had issued bonds worth...
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The current economic growth rate will be 2.3 percent only
Kathmandu. The economic growth rate will fall to 2.3 percent this fiscal year. Yuvaraj Khatiwada has told. Announcing the Economic Survey Report 076 and 77 in the Federal Parliament, the Finance Minister has estimated that the economic growth rate will shrink to 2.3 percent in...
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The current economic growth rate will be 2.3 percent only
Kathmandu. The economic growth rate will fall to 2.3 percent this fiscal year. Yuvaraj Khatiwada has told. Announcing the Economic Survey Report 076 and 77 in the Federal Parliament, the Finance Minister has estimated that the economic growth rate will shrink to 2.3 percent in...
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Remittances decreased by Rs 67 billion in Nepal
Kathmandu. While reviewing the monetary policy, Nepal Rastra Bank has informed that there has been a sharp decline in remittances. According to NRB, remittance of Rs 75.48 billion was received in April last year.In the corresponding month of the previous...
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The government will pay amount for 2 months of social security fund
Kathmandu. The government will pay the amount of the social security fund. Addressing the nation, Prime Minister KP Sharma Oli said that the government would pay the amount for the lock-down period. He recently announced that the government would pay the contribution to the social security fund.
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Online loan of KSK up to 1 million can be taken
The Employees Provident Fund (Karmachari Sanchaya Kosh-KSK) has stated that special loan service can be availed through internet. Considering the cause of Corona virus Covid-19, the fund has started providing online loan service to its customers through internet.To avail this...
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Lock-down loose to open economic activities - K.P oli, Prime Minister
Prime Minister KP Sharma Oli has indicated that the lock-down will be loose,. Addressing the nation today, he said that while fighting against the corona virus, economic activities in the country would be continued with precautionary measures.Stating that no cure...
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Budget 2077/78 Highlights : Budget size 16 trillion
The Ministry of Finance is preparing to bring a budget around Rs. 16 trillion.Sources in the Ministry of Finance claim that the size of the budget will reach Rs 1.5 trillion to Rs 90 billion. Stakeholders have suggested not to...
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10 life insurance companies's earn profit Rs 950 million
Kathmandu. The total profit of the ten new life insurance companies in the first nine months of the current fiscal year has been Rs. 946.6 million. The same insurance companies had earned Rs 884.7 million in the same period last year. The average profit of...
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