Economy

NRB to supply new bank notes on other festivals too

Kathmandu / Nov 12: Nepal Rastra Bank (NRB) is to implement the inclusive rule in exchanging the new bank notes. The central bank, which had been providing the facility of exchanging new notes in large quantity only during the Bada Dashain period before this, is to extend this facility on the occasion of festivals of […]


NRB revises loan-to-value ratio on auto loans for private vehicles

Rajesh Khanal / Kathmandu: Nepal Rastra Bank (NRB) has revised the loan-to-value ratio on auto loans for private vehicles to 50 percent from the existing 65 percent. It means that the banks and financial institutions can now provide their customers with up to 50 percent as loan against the actual valuation of vehicles. Earlier, when […]


NOC depot to remain open during Tihar holidays

Kathmandu / Nov 7: Nepal Oil Corporation has supplied adequate quantity of fuel to the petrol stations for preventing shortage of petroleum products during the Tihar period. Eight hundred fifty thousand litres petrol and 450 thousand litres diesel was distributed to various petrol pumps in the Kathmandu Valley and periphery from NOC’s Thankot depot today, […]


NEPSE launches online trading today

Kathmandu / Nov. 06: The domestic stock market has formally gone online from today. Minister for Finance Yubaraj Khatiwada initiated the online system here today. Nepal Stock Exchange (NEPSE) started the online trading based on a fully automated system on the direction of the Securities Board of Nepal (SEBON), the regulator of securities market. The […]


Nepal imports electric decorative lights worth Rs 600 mln for Tihar

Chitwan / Nov. 06: Tihar, also known as the ‘festival of lights’ has already begun in the country, people are busy buying electric decorative lights across the country including in Chitwan. Electric decorative lights worth over Rs 600 million have entered the country for the specific purpose of the Tihar festival this time around. Such […]


Govt collects Rs 206.6 billion in revenue in three months

Kathmandu / Nov 4: Government has collected Rs 206.6 billion in revenue so far in the current fiscal year 2018-19. The collection amounts to 27.57 per cent of this year’s revenue collection target of Rs 904.5 billion. This year so far has recorded an increment in revenue collection due to reforms at customs points and […]


Finance Minister suggests master plan for prosperity

Kathmandu / Nov. 3: Finance Minister Dr Yubraj Khatiwada has said Guthi Sansthan should be developed as a modern social corporation. Speaking at a programme organized on the 55th anniversary of Sansthan in the capital city today, Minister Khatiwada pointed out the need for timely changes in it by safeguarding the existence of the Sansthan. […]


Magnificent Rara lacks physical infrastructure

Mugu / Oct 31: The Rara Lake is located at Chhayanath Rara municipality of Mugu in the Karnali Province. Its splendid beauty has no bounds with mind-blowing greenery in the surrounds. Located in the lap of dense forest of the Rara National Park, Rara Lake is widely popular as a prime tourist destination of Nepal. […]


Inflation higher in hilly region; Remittance increases, says NRB report

Kathmandu / Oct 30: The y-o-y consumer price inflation has increased to 3.9 percent in mid-September this year from 3.4 percent in the same period of the previous year. The increase in the price of non-food and services group contributed to a rise in overall inflation in the review period, according to Nepal Rastra Bank. […]


Agriculture Minister highlights China’s support to promote Nepal’s tea industry

Kathmandu / Oct 29: Minister for Agriculture, Land Management and Cooperatives, Chakrapani Khanal, has underlined the need of making efforts to follow the pace of development achieved by China. Taking part in a conference on tea culture of Nepal and Sichuan Province of China here today, the minster described the Nepal-China bond incomparable and strong. […]




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