Kathmandu / Aug 19: The World Bank is all set to provide 60 million US Dollars (equivalent to Rs 7.12 billion) concessional loan to Nepal. The aid is directed towards for Nurturing Excellence in Higher Education Programme meant to improve the quality of higher education, scale up online learning, and expand access to academic institutions […]
Kathmandu / Aug. 13: The monetary policy has projected that the inflation would be contained at 6.50 per cent this year while the private sector credit is expected to grow by 19 per cent. Publishing the monetary for the fiscal year 2021/22 on Friday, the Nepal Rastra Bank (NRB) announced its policy outlook. To support […]
Kathmandu / August 4: Most of the banks and financial institutions (BFIs) have been found concealing information related to the amount they spent on their corporate social responsibility (CSR). According to a report unveiled by Nepal Rastra Bank (NRB), the BFIs have not been abiding by the central bank’s guideline that requires them to make […]
Kathmandu / July 26: A tripartite memorandum of understanding (MoU) has been signed for loan investment in the 99.8 MW Tamakoshi-V Hydropower Project to be constructed in Dolakha. The MoU was signed among Nepal Electricity Authority, Tamakoshi Hydropower Company, the promoter of the project, and Employees Provident Fund (EPF) in the presence of Minister for […]
Naresh KC, Siddharthanagar, July 24: The under-construction Gautam Buddha International Airport has come to a final stage of its preparation for its test operation. Preparation has been made for test operation after the completion of the technical tasks of the ministry of tourism. Gautam Buddha International Airport project chief Prabesh Adhikari shared that the tasks […]
Kathmandu / July 19: Lack of clarity on the policy of foreign direct investment (FDI) and procedural flaws existing at the bureaucratic and political fronts has appeared as a major hindrance to attract foreign capital, said experts. Speaking in a virtual interaction organized by the Society of Economic Journalists-Nepal on Monday, experts maintained that this […]
Kathmandu / July 17: The government revenue has risen in the Fiscal Year (FY) 2020/21. Surpassing the amount of FY 2019/20, the revenue of FY 2020/21 is up by Rs 232.8 billion. Financial Comptroller General Office (FCGO) revealed that the revenue has jumped up to the Rs 938.3 billion mark from Rs 705.4 billion of […]
Kathmandu / July 15: Consumer price inflation has decreased 0.35 per cent to stand at 4.19 per cent in the last 11 months in the current fiscal year, 2020/21. The consumer price inflation stood at 4.54 per cent in the same period in the FY, 2019/20, according to a report made public today by the […]
Kathmandu / July 14: The government has granted permission to the Ministry of Health and Population to spend Rs. 5 billion for the procurement of COVID-19 vaccines. Newly-appointed Finance Minister Janardan Sharma took a decision to this effect shortly after assuming his office. The new government formed under the leadership of Nepali Congress President Sher […]
Kathmandu / July 9: President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Shekhar Golchha urged the French investors to take benefit by investing in Nepal. Addressing the virtual meeting of the Nepal French Business Forum on Thursday the FNCCI President said that Nepal is ready to receive investment. He said that Nepal […]
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Editor : Mr. Divesh J.B. Rana
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