NEWS

Demand for Personal Loans Increases with Dashain Approaching
Demand for Personal Loans Increases with Dashain Approaching
  0   4 minutes 12 seconds to read

October 15: The flow of loans from banks and financial institutions had been shrinking due to the coronavirus pandemic. However, the flow of personal and small loans has now picked up its pace.…

Cartel of Shipping Companies Troubling Nepal’s Overseas Trade
Cartel of Shipping Companies Troubling Nepal’s Overseas Trade
  0   1 minutes 52 seconds to read

October 15: Lack of competition among shipping companies and the importers not being aware of the choices of companies have increased Nepal’s transit costs with third…

Locals Agree to Remove Obstruction to Solu Corridor Transmission Line
Locals Agree to Remove Obstruction to Solu Corridor Transmission Line
  0   2 minutes 7 seconds to read

October 15: The obstruction of the Solu Corridor 132 KV double circuit transmission line project will be removed after the government pledged to compensate the locals for using the public land as…

Prime Minister Oli Reshuffles Cabinet
Prime Minister Oli Reshuffles Cabinet
  0   2 minutes 16 seconds to read

October 15: Prime Minister KP Oli has reshuffled the cabinet, appointing three new faces in the Council of…

NRB Opens Door for Concessional Loan to Grade 12 Graduates
NRB Opens Door for Concessional Loan to Grade 12 Graduates
  0   1 minutes 32 seconds to read

October 14: Nepal Rastra Bank has issued a new circular instructing banks and financial institutions (BFIs) to provide concessional loans to graduate students of higher secondary level (Grade…

2,000 Quintals of Expired Butter found at DDC’s Warehouse
2,000 Quintals of Expired Butter found at DDC’s Warehouse
  0   2 minutes 27 seconds to read

October 14: A joint monitoring team comprising of Consumer Protection Committee and human rights activists under the initiative of Kathmandu Metropolitan City has found around 2,000 quintals of expired butter in the warehouse of Dairy Development Corporation (DDC) at Balaju.…

Government Forms Technical Committee for Drafting Suggestions for Energy Sector

October 14: A task force formed under the coordination of Minister for Energy, Water Resources and Irrigation Barshaman Pun to study the energy sector in detail and submit suggestions has formed a technical committee with the responsibility of drafting suggestions for the development of the energy…

FNCCI Urges Business Enterprises and Industries to Follow Proper Ethics
FNCCI Urges Business Enterprises and Industries to Follow Proper Ethics
  0   1 minutes 26 seconds to read

October 14: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has urged all of its members to follow proper ethics while conducting their businesses and selling products in the market.…

World Economy to Shrink by 4.4 Percent in 2020: IMF
World Economy to Shrink by 4.4 Percent in 2020: IMF
  0   2 minutes 56 seconds to read

October 14: The International Monetary Fund (IMF) has forecast a decline in global economic growth by 4.4 percent in its latest World Economic Outlook…

NEA Instructed not to fine Hydropower Companies below 10MW Capacity
NEA Instructed not to fine Hydropower Companies below 10MW Capacity
  0   1 minutes 24 seconds to read

October 13: The Electricity Regulatory Commission has directed Nepal Electricity Authority not to charge any kind of fine or penalty to the hydropower companies with the capacity of 10 Mega Watt in case of reduction of electricity generation due to natural causes.…

Import Takes a Nosedive due to Covid-19 Crisis
Import Takes a Nosedive due to Covid-19 Crisis
  0   3 minutes 26 seconds to read

October 13: Coronavirus has not only weakened the country’s economy but also disrupted production and supply…