NEWS

104 Employees of NRB Infected with Coronavirus
104 Employees of NRB Infected with Coronavirus
  0   2 minutes 2 seconds to read

October 20: Nepal Rastra Bank, the regulatory body of banks and financial institutions, couldn’t remain untouched by coronavirus pandemic.…

Foreign Loan Overshadows Grant Assistance Received by Nepal
Foreign Loan Overshadows Grant Assistance Received by Nepal
  0   3 minutes 29 seconds to read

October 20: Nepal’s foreign loan has surpassed foreign grant assistance in recent days due to the poor bargaining power of the government with donor…

Dashain Bonus of Ministers and MPs to go to Relief Fund
Dashain Bonus of Ministers and MPs to go to Relief Fund
  0   3 minutes 8 seconds to read

October 20: The government has decided to transfer the Dashain bonus of ministers and lawmakers to the Covid-19 Relief Fund after widespread criticism that the ministers took the bonus during the ongoing…

Implementation of the Fixed Interest Rates Becoming Challenging
Implementation of the Fixed Interest Rates Becoming Challenging
  0   3 minutes 11 seconds to read

October 19: As per the directive given by Nepal Rastra Bank (NRB) to Banks and Financial Institutions (BFIs) to fix their interest rates by the end of Ashoj (mid-October), almost all commercial banks have fixed their interest rates on personal term loans effective from October 17.…

Samrat Cement Starting Production in Two Months
Samrat Cement Starting Production in Two Months
  0   2 minutes 19 seconds to read

October 19: Two big cement industries, whose investments worth billions of rupees were approved during the lockdown period, are preparing legal grounds and paper works to start their production.…

Import of Mobile Phones Increasing
Import of Mobile Phones Increasing
  0   2 minutes 52 seconds to read

October 19: The import of mobile phones has increased by Rs 2 billion in the first three months of the current fiscal year compared to the corresponding period of last fiscal year.…

Production of Flowers for Tihar Decline this Year
Production of Flowers for Tihar Decline this Year
  0   2 minutes 37 seconds to read

October 18: The production of flowers and garlands for the upcoming Tihar festival is expected to decline compared to the last year.…

Government Lifts Ban on Arrival of Int’l Tourists
Government Lifts Ban on Arrival of Int’l Tourists
  0   3 minutes 29 seconds to read

October 18: The government has lifted a ban on arrival of tourists which was in place since the last seven months due to coronavirus pandemic.…

BFIs Fix their Interest Rates on Term Loans
BFIs Fix their Interest Rates on Term Loans
  0   4 minutes 10 seconds to read

October 16: ßBanks and Financial Institutions (BFIs) will be setting fixed interest rates on personal term loans, including home and automobile loans from October…

Domestic Tourism an Alternative for Nepal’s Tourism Industry
Domestic Tourism an Alternative for Nepal’s Tourism Industry
  0   2 minutes 29 seconds to read

October 16: Stakeholders view that domestic tourism is now the alternative for Nepal's tourism development as there is no possibility of arrival of international tourists at present due to the coronavirus…

Export of Tea up by 174 Percent
Export of Tea up by 174 Percent
  0   3 minutes 20 seconds to read

October 16: The export of tea, which used to shrink every year, has increased significantly in the current fiscal year.…

Ring Road Development Project to Complete Site Clearance within mid-January
Ring Road Development Project to Complete Site Clearance within mid-January
  0   1 minutes 44 seconds to read

October 16: Ring Road Development Project has fixed the timeline for site clearance of the Kalanki-Maharajgunj-Chabahil section of Ring Road almost two and a half years after the Government of Nepal signed a Memorandum of Understanding (MoU) with China for the road…