Kathmandu / March 17: The country has witnessed an outflow of approximately Rs 13.5 billion as dividends in the eight months of the current fiscal year 2022/23. The Department of Industry has recommended an outflow of Rs 13.45 billion as dividends from the country in the period, according to the Department. The outflowed money includes […]
Kathmandu / March 15 : Inland revenue collection in the first eight months of the current fiscal year failed to meet the target. According to the Inland Revenue Department, the collection is just around 80 percent of the target. The Department had set a target of raising Rs 353.91 billion in the second quarterly of […]
Kathmandu / March 12 : A significant improvement has been noticed in the country’s foreign currency reserves in the first seven months of the current fiscal year. Till the end of last fiscal (2021-22), the total forex reserves was calculated at Rs 1215.80 billion and now it has touched Rs 1383.33 billion with a rise […]
Kathmandu / March 8: The Confederation of Banks and Financial Institutions Nepal (CBFIN) has demanded that action be taken against those engaging in anarchic activities against the banks and financial institutions (BFIs). The CBFIN said that planned incidents like attacks and robberies on bank employees have left the banking sector in shock and turmoil. The […]
Kathmandu / March 7: The Inland Revenue Department (IRD) has started a full audit of 105 big firms, on suspicion of manipulating the filed tax amounts in relation to their financial turnover. The IRD has started an investigation against these large taxpayers based on the financial reports as of mid-January that they submitted to the […]
Damauli / March 6: The rural electrification campaign is taking place in different areas of Tanahun district where substations for power supply are being constructed. The substations are being built with support from the Tanahun hydropower project for the electrification drive. Managing Director of Tanahun hydropower project Kiran Kumar Shrestha said that the substations are […]
Parbat / Feb 20 : Orange production has increased by around 25 percent in the current fiscal as compared to previous year in Parbat district. According to the Agriculture Knowledge Centre, Parbat, both–area for orange farming and production have increased in the district this year. The district produced 5,000 metric tonnes of orange from 830 […]
Kathmandu / Feb 12 : Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel said indicators of the country’s economy are at risk due to negative impacts on the global economy and challenges stemming from the country’s internal causes. He however said he was continuously effortful to resolve economic problems in the country. He made […]
Kathmandu / Feb 10 : The Nepal Rastra Bank (NRB) has adopted liberal policy with an objective of providing some relief to the borrowers. The central bank has given some relief to the borrowers by publishing a half-yearly review of the monetary policy of the current fiscal year, 2022/23 here today. An arrangement has been […]
Kathmandu / Feb. 9: Confederation of Nepalese Industries (CNI) has said that there has been a contraction in demand from 20 to 80 per cent in various manufacturing sectors. In a meeting with Vice President of National Planning Commission (NPC), Dr. Min Bahadur Shrestha, on Wednesday, the CNI said that it has caused a big […]
Newbaneshwor
Kathmandu, Nepal
4479401
Editor : Mr. Divesh J.B. Rana
Chairperson : Mr. Kishore Thapa