NRB permits BFIs to alter interest rates on monthly basis
Nepal Rastra Bank (NRB) has asked banks and financial institutions (BFIs) to alter interest rates on their loans on a...
Returnee migrant workers can bring two mobile phones
The Nepali migrant workers returning from foreign employment can now bring two mobile phones. Earlier, they were only...
Govt assures of revised interest rates for investment
Finance Minister Dr Prakash Sharan Mahat has said the existing bank interest rates will be revised in a bid to...
IMF recommends for policy-level precautions
The International Monetary Fund (IMF) has urged the government of Nepal to apply policy-level precautions stating that Nepal's economy was...
Govt urged to cut redundant expenditures
Lawmakers in the National Assembly suggested the government cut redundant expenditures and review the unnecessary structures in the upcoming budget....
Rs 746 million collected in revenue from mountain climbing
As the weather is favorable for climbing in spring, a considerable number of climbers come to Nepal from all over...
Govt in no mood to hike civil servants salary
The government will not increase the salaries of civil servants and social security allowances in this fiscal year. Finance Minister...
NEA to construct 8 high-capacity substations in Kathmandu
Nepal Electricity Authority (NEA) is set to construct eight high capacity substations to improve the power transmission and distribution system...
Govt to raise Rs 12 billion internal debt
The government is going to raise 12 billion rupees of internal debt. About 12 billion rupees of domestic debt is...
CAAN suspends Shree Airlines’ aircraft 9N-ANE
The Civil Aviation Authority of Nepal (CAAN) has suspended the operation of Shree Airlines' aircraft 9N-ANE until further notice. “Following...
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