Kathmandu. Non-banking assets have increased at a high rate after the removal of the limit on collateralization by banks and financial institutions. As of Bhadra of the current fiscal year, non-banking assets worth Rs 50.75 billion have been seen, which is 61.73 percent more than...
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KATHMANDU, 2025vOCTOBER 17, The Gold price continued its record-breaking rally in the domestic market on Friday, surging by Rs 7,100 per tola to reach an all-time high of Rs 258,000 per tola. According to the Federation of Nepal Gold and Silver Dealers' Association, fine gold...
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Kathmandu. The Nepali Army has stated that only 22 of the deaths during the Gen-G movement on 23 and 24 Bhadra were protesters. Presenting the figures at a press conference organized by the army, Chief of the War Affairs Department, Lieutenant General Anup Jung Thapa,...
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The government has brought a budget of Rs 1.964 trillion for the fiscal year 2025/26, targeting 6% economic growth and aiming to keep inflation below 5.5%. Unveiling the fiscal plan in a joint session of the Federal Parliament on Thursday, May 29, Deputy Prime...
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Kathmandu: The stock market is slowing down further after the budget. Investors are surprised when the trading volume along with the index slows down. Even when there are talks of one policy reform after another for the stock market, the market has not stirred. It...
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Kathmandu: There are many differences of opinion on the issue of separating bankers and entrepreneurs. In particular, entrepreneurs and bankers have been arguing that it should not be separated, while the regulatory body Nepal Rastra Bank has been trying to separate it.
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Kathmandu. The government has made arrangements through the budget for the fiscal year 2082/83 to allow tourists entering Nepal by air or land to bring foreign currency or traveler's checks equivalent to five thousand US dollars that can be exchanged in Nepal. It has been...
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Kathmandu: The US and China are in the midst of their second trade war in seven years. Earlier this year, President Trump announced an initial 34 percent tariff on China, which China retaliated with. For a time, both countries' tariffs were above 100 percent (i.e.,...
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Kathmandu. Social media is currently abuzz with Kulman Ghising and Balen. Social media users are reacting sharply to the decision of the Council of Ministers to remove Kulman from the post of Managing Director of Nepal Electricity Authority and the status posted on Facebook by...
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Kathmandu. The government has appointed Hitendra Dev Shakya as the Executive Director of the Nepal Electricity Authority. The Cabinet meeting decided to kick out Kulman Ghising from the post and appoint Shakya in his place. The Cabinet meeting had decided to dismiss Executive Director...
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Bam Bahadur Mishra received information that there was a demand for employees at Nepal Arab Bank, now Nabil Bank. He applied and his name came out. At that time, he started his job as a ‘Junior Assistant’. After starting his job at the bank, he...
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Kathmandu. Banking sector employees will get 47 days of leave in 2082 BS. This is according to the public holiday schedule for 2082 BS published by Nepal Rastra Bank. Banks have been giving leave according to the list of holidays published by the Rastra Bank.
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Kathmandu. Russian President Vladimir Putin has said that the time for a common BRICS currency has not yet come. However, the group of 10 nations is exploring the possibility of using digital currency in mutual trade and investment. Putin stressed that member states should focus...
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Kathmandu. Hamas confirmed Friday that its leader, Yahya Sinwar, was killed by Israeli forces in Gaza and reiterated its stance that hostages the militant group took from Israel a year ago will not be released until there is a cease-fire in Gaza and a withdrawal...
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Kathmandu: Former home minister and Rastriya Swatantra Party (RSP) President Rabi Lamichhane has been arrested in connection to cooperative fraud case.A team of the Central Investigation Bureau of Nepal Police led by SP Habindra Bogati arrested Lamichhane from the...
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