Kathmandu / Jan 9: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari on Sunday said that Nepal is facing a serious challenge to keep itself untouched from global economic slowdown. Speaking at the annual general meeting of the Confederation of Banks and Financial Institutions Nepal, Adhikari said the major challenges for the country at present […]
Kathmandu / Jan 8: Former Finance Minister and Governor Dr. Yuba Raj Khatiwada has viewed that banks and financial institutions should opt to improve the quality of credit rather than its size. Addressing the Confederation of Bank and Financial Institutions, Khatiwada said that agriculture sector has not been able to take advantage of rise in […]
Kathmandu / Jan 6: Deputy Prime Minister and Minister for Finance Bishnu Prasad Paudel said that the incumbent government will deliver rapidly once the vote of confidence and council of ministers (CoM) would get completion. DPM Paudel, in a press conference organized to unveil the decisions of council of ministers here today, assured that the […]
Kathmandu / Jan 4: Prime Minister Pushpa Kamal Dahal has held discussions with Deputy Prime Minister and Finance Minister Bishnu Poudel and Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari today. The discussions focused on the present economic situation, problems seen in the banking sector and topics needing immediate reforms. In the discussions held at […]
Kathmandu / Dec 29: For lack of credible statistics, the Nepal Rastra Bank (NRB) has stopped publication of survey on real estate or housing price. The central bank had started the survey since last year planning to release the report in every three months. The main reason behind the central bank’s move is lack of […]
Kaski / Dec 27: Dhan Bahadur Pun of Annapurna rural municipality-6 in Kaski, a returnee migrant worker from South Korea, now runs a coal industry in his hometown. The 46 –year-old has been in this occupation for the past four years. Now he earns a net profit of Rs 60,000 from the coal industry. Pun […]
Kathmandu / Dec 15: The commitment for foreign direct investment (FDI) declined by almost 60 percent in the first five months of the current fiscal year compared to the same period last year. According to the Department of Industry (DoI), Nepal received commitment for FDI worth Rs 12.22 billion during mid-July to mid-November, while the […]
Kathmandu / Dec 12: The Nepal Rastra Bank’s (NRB) Governor Maha Prasad Adhikari on Monday said that the liquidity problem in the country’s banking system has gradually been solved. Speaking at the annual general meeting of the Nepal Bankers’ Association, Governor Adhikari said the interbank rate has fallen to 7.07 percent from 8.5 percent. According […]
Gulmi / Dec 11: Coffee farming in Gulmi district has attracted local farmers following a surging demand for coffee in foreign countries including Japan and France. Manoj Pandey and Saroj Belbase of Resunga Municipality-8 have been engaged in farming since one and a half years ago by planting as high as 20,000 coffee plant saplings […]
Bharatpur / Dec 3: Bharatpur Metropolitan City has decided to provide a 50 per cent subsidy for fish farming. The subsidy goes for electricity tariffs under the Livestock Service Development Programme as approved by the metropolis for the current fiscal year. The scheme aims to increase agricultural products as stated in the policy and programmes […]
