Economy

Central Bank withdraws 20 billion from reverse repo as liquidity accumulates

KATHMANDU, July 11: Liquidity has accumulated in banks and financial institutions as deposits (saving) have increased more than loan demands. Deposits have increased by fourfold in comparison to loan investments. ...

Gold price increases by Rs 1000 per tola

Gold price increases by Rs 1000 per tola

KATHMANDU, July 8: The price of gold has increased by 1000 rupees per tola in the Nepalese market this week.  Last Friday, the price of hallmarked fine gold in...
Bananas worth 1.57 billion imported

Bananas worth 1.57 billion imported

KATHMANDU, July 4: Bananas worth Rs 1.57 billion have been imported to Nepal within the 11 months of the current fiscal year.  According to the statistics by the Customs...
NMB Bank Launches Exciting Limited-Time Offers

NMB Bank Launches Exciting Limited-Time Offers

KATHMANDU, July 3: NMB Bank has announced two offers that will revolutionize banking experiences for its valued customers. As part of its ongoing commitment to providing innovativ ...
Oil Corporation clears 24 billion debt

Oil Corporation clears 24 billion debt

KATHMANDU, July 2: Nepal Oil Corporation has cleared its debt of 24 billion to Indian Oil Corporation (IOC).  During the Russia-Ukraine war, the price of petroleum products f ...