Kathmandu / April 26: The International Monetary Fund (IMF) has projected that Nepal’s economic growth rate will remain at 4.1 percent in the current fiscal year 2021/22. Unveiling a report entitled ‘World Economic Outlook’, the international financial institution has estimated the figure for Nepal’s growth rate, which is higher than 3.9 percent projected by the […]
Kathmandu / April 20: Nepal has emphasized that collective commitments were necessary for energy security. During a third meeting of energy ministers from the Bay of Bengal Initiative for Multi-sectoral, Technical and Economic Cooperation (BIMSTEC) here today, Minister for Energy, Water Resources and Irrigation, Pampha Bhusal, highlighted the need for mutual trust, clarity in future […]
Kathmandu / April 19: Supreme Court has issued a short-term interim order against the government’s decision to suspend Governor of Nepal Rastra Bank Maha Prasad Adhikari. A single bench of Justice Hari Prasad Phuyal issued the order asking the government not to implement its decision to suspend Governor Adhikari. The apex court has also asked […]
Kathmandu / April 17: Suspended Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari has knocked on the doors of the Supreme Court. Adhikari has filed a petition at the apex court, requesting his reinstatement to the post at the central bank. Governor Adhikari reached the court seeking an interim order to reinstall him to his […]
Kathmandu / April 12: The consumer price inflation was recorded at 7.14 percent as of mid-March this year as compared to 3.03 pour cent of the same period last year. Surging prices of a number of food items along with the services took the consumer price index on the upward graph, according to Nepal Rastra […]
Kathmandu / April 11: Amid growing criticisms over his decision to suspend Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari, Finance Minister Janardan Sharma on Monday said that the government took action against Adhikari as per the NRB Act. Minister Sharma made the claim during a press meet organized at the Ministry of Finance (MoF) […]
Kathmandu / Apr. 10: The Nepal Bankers’ Association (NBA), an organisation of chief executive officers of commercial banks, has decided not to issue letters of credit for the import of essentials except in case of extremely needed ones. The Association’s meeting on Sunday took a decision to this effect. LC will not be allowed to […]
Kathmandu / April 9: This spring, 204 climbers from 42 countries, including Russia, will climb Mt. Everest. According to the Department of Tourism, a team of 204 people, including 14 from Russia, had obtained permission to climb Mt. Everest. The countries with the highest number of climbers are 51 from the USA, 25 from the […]
Kathmandu / April 7: Nepal Rastra Bank (NRB) Spokesperson Gunakar Bhatta has said that the government has decided to stop the import of luxury items to prevent the decline of the foreign exchange (forex) reserves of the country. Stating that the biggest challenge at hand is the proper management of foreign exchange reserves, he said […]
Ramesh Lamsal, Kathmandu / April 3: India has paved the way for electricity trade from Nepal, rising above the framework of the South Asian Association for Regional Cooperation (SAARC) and the declaration of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC). Although Nepal has been making efforts for a long for […]
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Kathmandu, Nepal
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Editor : Mr. Divesh J.B. Rana
Chairperson : Mr. Kishore Thapa