UML leader's son allegedly embezzles 13 million rupees in Jhapa

2 months ago

  Biratnagar, September 21 — With ongoing reports of cooperative fraud, the Unnati Savings and Credit Cooperative in Jhapa's Shivasatakshi Municipality-3 has been found to have irregularities amounting to...

Police to file supplementary charge against Lamichhane

2 months ago

Kathmandu, September 20 — Police are set to file supplementary charges against former Deputy Prime Minister and Home Minister Rabi Lamichhane. The police headquarters has instructed the District Police Office,...

NMB Bank rolls out dividends

2 months ago

Kathmandu, September 20 — NMB Bank has announced dividends for two mutual funds it manages. The board meeting of NMB Capital declared dividends for NMB Fifty and NMB Easy Investment...

FNCCI launches 'Business Intelligence System'

2 months ago

Kathmandu, September 20 — The Federation of Nepalese Chambers of Commerce & Industry (FNCCI), has formally launched its Business Intelligence System (BIS). This system will be utilized for managing the...

Rabi Lamichhane's statement released in cooperative misappropriation inquiry

2 months ago

Kathmandu, September 20 — A statement by Rabi Lamichhane, president of the Rashtriya Swotantra Party (RSP) and former Deputy Prime Minister and Home Minister, has been made public by the...

Investigation report: Misappropriation of NPR 2.58 billion in cooperatives by GB Rai and his relatives

2 months ago

Kathmandu, September 20 — The parliamentary special investigation committee has reported that there has been misappropriation of funds amounting to NPR 2.58 billion related to cooperative institutions, transferred under the...

Parliamentary committee unveils report on cooperative savings embezzlement (with full report)

2 months ago

Kathmandu, September 20 — The report of the parliamentary special investigation committee formed to probe the mismanagement of cooperative savings has been made public. The committee, led by Surya...

Nike names Elliott Hill as CEO, replacing John Donahoe

2 months ago

File - The Nike logo is shown on a store in Miami Beach, Fla. on Aug. 8, 2017. (AP Photo/Alan Diaz, File) BEAVERTON, Ore. (AP) — Nike Inc. said...

Gold prices soar

2 months ago

Kathmandu, September 20 — The price of gold in the Nepali market increased by NPR 1,500 per tola on Friday. According to the Nepal Gold and Silver Dealers' Association, the...

Traveality Nepal: Redefining Hospitality with Attic Inn and Best Western Plus

2 months ago

Kathmandu — Traveality Nepal is more than just a company—it’s a dream nurtured by Nepali-origin citizens living abroad, who are deeply committed to giving back to their homeland. Through Foreign...

What the Fed’s rate cut could mean for you

2 months ago

NEW YORK (AP) — The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses. ...

Seventh US-Nepal TIFA Council meeting concludes

2 months ago

Kathmandu, September 19 — The seventh meeting of the US-Nepal Trade and Investment Framework Agreement Council has concluded. The meeting, held in Kathmandu, was attended by an 11-member delegation from the...

Customs points face congestion as goods flood in for Dashain

2 months ago

Kathmandu, September 19 — As the major festival of Dashain approaches, activity in the markets of Nepal has started to increase. Wholesalers have ramped up their imports, and domestic production...

Gold prices drop by 800 rupees per tola

2 months ago

Kathmandu, September 19 — The price of gold decreased by 800 rupees per tola on Thursday. According to the Nepal Gold and Silver Dealers Association, the price of...

US goes big with first interest rate cut in four years

2 months ago

Natalie Sherman, September 19 — The US central bank has lowered interest rates for the first time in more than four years with a bigger than usual cut. The...