Kathmandu / Aug 25: Finance Minister Dr. Prakash Sharan Mahat has been elected the Vice Chair of the Global Environment Facility (GEF) by a plenary session held under the ongoing Seventh GEF Assembly in Canada. During the session, the Republic of Panama today proposed his candidacy for the post and it was backed by the […]
Kathmandu / Aug 15: Finance Minister Dr Prakash Sharan Mahat has said although country’s economy is improving in recent period, positive concept has not been developed among the general people and private sector. At an inauguration of ‘Management Seminar 2080’ organised by the Department of Inland Revenue here today, Finance Minister Mahat expressed concern over […]
Damauli / Aug 5: Oranges worth Rs 290 million were produced in Tanahun last year. A total of 9,645 metric tonnes of orange was traded in the fiscal year 2022/23, according to Agriculture Knowledge Centre, Tanahun. Centre’s Chief Kul Prasad Tiwari shared that orange farming was done on 610 hectares of land in the district. […]
Kathmandu / July 30: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari has said the Monetary Policy for the current fiscal year came with a review of the overall existing scenario of the nation’s economy. “The Policy prioritizes a liberal approach in terms of the interests of bank loans when most of the banks in […]
Kathmandu / July 24: The government owes public debt over Rs 2 trillion 221 billion. As per the data unveiled by the Public Debt Management Office, till the end of the fiscal 2079/80 BS (2022-23), Nepal owes an internal loan equivalent to over Rs 1,100 billion and an external loan worth Rs 1093 billion. Last […]
Kathmandu / July 23: Nepal Rastra Bank (NRB) has made public the monetary policy for the current fiscal year, 2023/24. The central bank through the policy has dropped the policy rate and kept intact the mandatory cash ratio and the statutory liquidity ratio of banks and financial institutions. Similarly, the bank rate has remained unchanged, […]
Kathmandu / July 12: The deposit mobilisation at banks and financial institutions (BFIs) has increased during the current fiscal year. Deposits at banks and financial institutions (BFIs) increased by 8.8 per cent to Rs. 445.13 billion in the review period compared to an increase of 5.7 per cent (Rs. 266 billion) in the corresponding period […]
Kathmandu / July 10: Balance of Payment (BOP) remained at a surplus of Rs.228.98 billion in the first eleven months of the current fiscal year 2022-23 that had begun on July 17, 2022 and is ending within a week. According to the Current Macroeconomic and Financial Situation report released by the Nepal Rastra Bank today, […]
Butwal / July 8: Siddharthnagar Municipality in Rupandehi is set to receive assistance from the Asian Development Bank (ADB) for the construction of a 26.5 km stretch of road. The Ministry of Urban Development will oversee the project, which will be funded by the ADB with 75% subsidy from the Government of Nepal and a […]
Kathmandu / July 7: Nepal Rastra Bank (NRB) has directed banks and financial institutions to extend Saturday services for the next two weeks in view of the closure of the current Fiscal Year (FY) 2022/23. NRB in a notice on Friday directed banks and financial institutions to remain open till 8 pm on Saturday for […]
Newbaneshwor
Kathmandu, Nepal
4479401
Editor : Mr. Divesh J.B. Rana
Chairperson : Mr. Kishore Thapa