Main News

BFIs’ deposits collection increases by a notable amount

Kathmandu / March 29: The banks and financial institutions (BFIs) have been under a cushion of liquidity position with an increase in deposit collection compared to their lackluster lending. According to Nepal Rastra Bank (NRB), the deposit collection of BFIs was recorded at Rs 5.410 trillion as of Tuesday, probably the all-time high till date. […]


Indian agricultural products take sizable Nepali market

Sita Bhattarai / Kathmandu, March 29: Indian agricultural products have dominated the Nepali kitchen. A major percentage of vegetables and fruits is imported from neighbouring India, according to the one year data of the Kalimati Fruits and Vegetables Market Development Board. For instance, imported onion from India in a period of one year accounted for […]


Govt decides to declare loan-sharking a crime

Kathmandu / Mar. 28: The government has decided to term loan-sharking as a crime by amending national criminal code. The meeting of the Council of Ministers held on Tuesday made a decision to include loan-sharking in crimes by making necessary amendment to the National Criminal Procedure (Code) Act, 2017. The government made the decision so […]


Simplified KYC for transactions up to Rs 100,000

Kathmandu / March 28: Nepal Rastra Bank (NRB) has implemented a simplified customer identification (KYC) process for transactions up to Rs 100,000 for licensed institutions that perform payment related activities other than banks and financial institutions. NRB issued a circular to the payment service providers today asking them to implement this system for commercial transactions […]


Developing sense of unity among citizens vital for national security: PM Prachanda

Kathmandu / March 28: Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has said that responsibility and sentiment of unity towards the nation should be developed among the citizens for national security. At a concluding ceremony of National Security Training here today, Prime Minister Prachanda opined that the traditional concept that the issue of national security is […]


DPR of Kathmandu-Raxaul railway to be ready in a month

Kathmandu / March 27: India has informed Nepal that the detailed project report (DPR) of the proposed Kathmandu-Raxaul railway will be prepared within a month. According to Deputy Prime Minister and Minister for Physical Infrastructure and Transport Narayankaji Shrestha, Nepal is expected to receive the report within a month after the study is completed. Shrestha […]


Preparations on for conducting fitness test of vehicles using equipment

Kathmandu / March 27: Preparations have been made to check the fitness of vehicles by using equipment after around a decade of its purchase. The Vehicle Fitness Test Center (VFTC), Teku, has been making preparations to test the fitness of vehicles by the machine. According to VFTC, the center has not come into operation due […]


Driving license will be issued within a week, DPM Shrestha vows

Kathmandu / March 27: Deputy Prime Minister and Minister for Physical Infrastructure Narayankaji Shrestha has said that the government was preparing to issue the driving license within a week since the application is received for the same. At a news conference on Monday, Shrestha said that the Ministry was developing a plan of action to […]


New IGP Kunwar presented with insignia

Kathmandu / March 26: Newly-appointed Inspector General of Nepal Police, Basanta Bahadur Kunwar, has been conferred with the insignia of the police chief. Home Secretary Binod Prakash Singh today presented Kunwar with the IGP’s insignia amidst a programme at the ministry. On the occasion, the home secretary said the nation always needs a disciplined and […]


‘All districts will receive textbooks by mid-April’

Bhaktapur / March 26: The Janak Education Materials Centre (JEMC) Ltd has assured that it would supply school textbooks to all districts by mid-April. According to Centre managing director Anil Kumar Jha, all districts will receive the textbooks this time before a new academic session begins. The Centre has the responsibility of printing and supplying […]




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