Kathmandu / May 3: Minister for Finance, Janardan Sharma has said that there is a need to audit the national assets of the country. Speaking at a program organized on the forest national assembly of accountant professionals 2022 by Institute of Chartered Accountants, Minister Sharma stressed the need for auditing the national assets of the […]
Kathmandu / April 28: Finance Minister Janardan Sharma has underscored the need to boost government-private sector cooperation so that economic development could be realized. “Significant portion of the national economy is sustained by the private sector. Government is only the facilitator. Seventy percent of the entire economy hinges on private sectors,” he noted. According to […]
Kathmandu / April 26: The International Monetary Fund (IMF) has projected that Nepal’s economic growth rate will remain at 4.1 percent in the current fiscal year 2021/22. Unveiling a report entitled ‘World Economic Outlook’, the international financial institution has estimated the figure for Nepal’s growth rate, which is higher than 3.9 percent projected by the […]
Kathmandu / April 20: Nepal has emphasized that collective commitments were necessary for energy security. During a third meeting of energy ministers from the Bay of Bengal Initiative for Multi-sectoral, Technical and Economic Cooperation (BIMSTEC) here today, Minister for Energy, Water Resources and Irrigation, Pampha Bhusal, highlighted the need for mutual trust, clarity in future […]
Kathmandu / April 19: Supreme Court has issued a short-term interim order against the government’s decision to suspend Governor of Nepal Rastra Bank Maha Prasad Adhikari. A single bench of Justice Hari Prasad Phuyal issued the order asking the government not to implement its decision to suspend Governor Adhikari. The apex court has also asked […]
Kathmandu / April 17: Suspended Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari has knocked on the doors of the Supreme Court. Adhikari has filed a petition at the apex court, requesting his reinstatement to the post at the central bank. Governor Adhikari reached the court seeking an interim order to reinstall him to his […]
Kathmandu / April 12: The consumer price inflation was recorded at 7.14 percent as of mid-March this year as compared to 3.03 pour cent of the same period last year. Surging prices of a number of food items along with the services took the consumer price index on the upward graph, according to Nepal Rastra […]
Kathmandu / April 11: Amid growing criticisms over his decision to suspend Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari, Finance Minister Janardan Sharma on Monday said that the government took action against Adhikari as per the NRB Act. Minister Sharma made the claim during a press meet organized at the Ministry of Finance (MoF) […]
Kathmandu / Apr. 10: The Nepal Bankers’ Association (NBA), an organisation of chief executive officers of commercial banks, has decided not to issue letters of credit for the import of essentials except in case of extremely needed ones. The Association’s meeting on Sunday took a decision to this effect. LC will not be allowed to […]
Kathmandu / April 9: This spring, 204 climbers from 42 countries, including Russia, will climb Mt. Everest. According to the Department of Tourism, a team of 204 people, including 14 from Russia, had obtained permission to climb Mt. Everest. The countries with the highest number of climbers are 51 from the USA, 25 from the […]
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Kathmandu, Nepal
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Editor : Mr. Divesh J.B. Rana
Chairperson : Mr. Kishore Thapa