Kathmandu / Jan 13: The Nepal Rastra Bank (NRB) report showed that the balance of payment (BoP) has remained surplus of Rs 45.87 billion at the end of mid-December 2022/23. According to the NRB’s Current Macroeconomic and Financial Situation report of mid-December 2022/23, the BoP stayed at a surplus of Rs 45.87 billion in the […]
Kathmandu / Jan 11 : Nepal’s economic growth rate would remain 5.1 percent in the fiscal year 2022/23 and 4.9 percent in 2023/24, a report reveals. The ‘Global Economic Prospect Report’ released by the World Bank (WB) on Tuesday has come up with the forecast. The WB also estimated that Nepal’s economic growth rate would […]
Kathmandu / Jan 9: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari on Sunday said that Nepal is facing a serious challenge to keep itself untouched from global economic slowdown. Speaking at the annual general meeting of the Confederation of Banks and Financial Institutions Nepal, Adhikari said the major challenges for the country at present […]
Kathmandu / Jan 8: Former Finance Minister and Governor Dr. Yuba Raj Khatiwada has viewed that banks and financial institutions should opt to improve the quality of credit rather than its size. Addressing the Confederation of Bank and Financial Institutions, Khatiwada said that agriculture sector has not been able to take advantage of rise in […]
Kathmandu / Jan 6: Deputy Prime Minister and Minister for Finance Bishnu Prasad Paudel said that the incumbent government will deliver rapidly once the vote of confidence and council of ministers (CoM) would get completion. DPM Paudel, in a press conference organized to unveil the decisions of council of ministers here today, assured that the […]
Kathmandu / Jan 4: Prime Minister Pushpa Kamal Dahal has held discussions with Deputy Prime Minister and Finance Minister Bishnu Poudel and Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari today. The discussions focused on the present economic situation, problems seen in the banking sector and topics needing immediate reforms. In the discussions held at […]
Kathmandu / Dec 29: For lack of credible statistics, the Nepal Rastra Bank (NRB) has stopped publication of survey on real estate or housing price. The central bank had started the survey since last year planning to release the report in every three months. The main reason behind the central bank’s move is lack of […]
Kaski / Dec 27: Dhan Bahadur Pun of Annapurna rural municipality-6 in Kaski, a returnee migrant worker from South Korea, now runs a coal industry in his hometown. The 46 –year-old has been in this occupation for the past four years. Now he earns a net profit of Rs 60,000 from the coal industry. Pun […]
Kathmandu / Dec 15: The commitment for foreign direct investment (FDI) declined by almost 60 percent in the first five months of the current fiscal year compared to the same period last year. According to the Department of Industry (DoI), Nepal received commitment for FDI worth Rs 12.22 billion during mid-July to mid-November, while the […]
Kathmandu / Dec 12: The Nepal Rastra Bank’s (NRB) Governor Maha Prasad Adhikari on Monday said that the liquidity problem in the country’s banking system has gradually been solved. Speaking at the annual general meeting of the Nepal Bankers’ Association, Governor Adhikari said the interbank rate has fallen to 7.07 percent from 8.5 percent. According […]
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Kathmandu, Nepal
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Editor : Mr. Divesh J.B. Rana
Chairperson : Mr. Kishore Thapa