IMF approves $7bn loan to cash-strapped Pakistan

2 months ago

Pakistan has relied on IMF loans to meet its needs for decades. (Getty Images) Islamabad, September 26 — The International Monetary Fund (IMF) has approved a $7bn (£5.25bn) loan...

SEBON chair appointment: Candidates who skipped interviews summoned again

2 months ago

Kathmandu, September 26 — The ongoing situation regarding the appointment of the Chairman of the Securities Board of Nepal (SEBON) continues to be complicated. The recommendation committee formed for this...

NEPSE index soars; climbs 49 points to reach 2,519.57

2 months ago

Kathmandu, September 25 — After three trading days, the Nepal Stock Exchange (NEPSE) index has seen a significant increase on Wednesday. Starting at 2,473 points, the index rose by 49 points,...

China probes Calvin Klein over Xinjiang cotton

2 months ago

Beijing, September 25 — China has announced it is investigating the company that owns US fashion brands Tommy Hilfiger and Calvin Klein for suspected "discriminatory measures" against Xinjiang cotton companies. ...

ADB forecasts 4.9% economic growth for Nepal in current fiscal year

2 months ago

Kathmandu, September 25 — The Asian Development Bank (ADB) has projected a 4.9% economic growth for Nepal in the current fiscal year. The government has set a target of...

DPM Paudel seeks support for key infrastructure projects from China

2 months ago

Kathmandu, September 25 — Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel met with Chinese Vice Premier He Lifeng in Beijing, the capital of China. The discussions focused on...

Gold prices hit all-time high

2 months ago

Kathmandu, September 25 — A new record for gold prices has been set in the Nepali market on Wednesday. According to the Nepal Gold and Silver Dealers Association, the price...

Koshi cooperatives at risk: Provincial government fails to tackle problems

2 months ago

Biratnagar, September 25 — Half a dozen cooperatives in the Koshi Province are still facing problems. There is pressure from affected savers to declare these cooperatives troubled and initiate measures...

NEPSE index sees significant decline, dropping to 2,470 points

2 months ago

Kathmandu, September 24 — The stock market index (NEPSE) experienced a significant decline again on Tuesday. Trading started at 2,529 points and fell by 58.93 points, bringing the index down...

Energy entrepreneurs express frustration over government indifference

2 months ago

Kathmandu, September 24 — The private sector has accused the Ministry of Forests and Environment of being the main obstacle in the energy sector. They claim the government is indifferent...

China unveils raft of measures to boost economy

2 months ago

People's Bank of China Governor Pan Gongsheng announced the measures in a rare news conference. (Reuters) Beijing, September 24 — China's central bank has unveiled a major package of...

NMB Bank offers 10% cashback for Buddha Visa Card holders

2 months ago

Kathmandu, September 23 — NMB Bank has announced a 10% cashback for Buddha Visa debit card holders when purchasing flight tickets from the Buddha Air website during the festival season....

Gold price sets new record, trading at Rs 159,700 per tola

2 months ago

Kathmandu, September 24 — Price of gold has set a new record in the domestic market today. The price of hallmark gold has increased by Rs 500 per tola...

CIB launches investigation into Surya Darshan Cooperative fund embezzlement

2 months ago

  Kathmandu, September 24 — The Central Investigation Bureau (CIB) has decided to send a team to investigate the embezzlement of funds at Surya Darshan Cooperative located in Pokhara...

Investigations into financial irregularities at Pokhara and Bhairahawa airports stalled

2 months ago

Kathmandu, September 24 — As investigations into financial irregularities surrounding the construction of Pokhara and Bhairahawa Airports progress, the sub-committee under the Public Accounts Committee of Parliament has hesitated to...