NEPSE shows positive movement after three days of decline

2 months ago

Kathmandu, September 22 — The share market index rose by 11.58 points on Sunday, reaching a peak of 2,642 before closing at 2,588 after three consecutive days of decline. A...

NRB to raise NPR 30 billion from banking sector

2 months ago

Kathmandu, September 22 — The Nepal Rastra Bank is set to raise NPR 30 billion from the banking sector today. This decision comes in response to a buildup of...

IMF official highlights improvements in Nepal's economy

2 months ago

Kathmandu, September 22 — Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel met with Rupa Dutta Gupta, the Deputy Director of the International Monetary Fund (IMF) for the Asia-Pacific...

Mid-Bhotekoshi Hydel Project set to begin production soon

2 months ago

Kathmandu, September 22 — Final stage work is underway for the 102 MW Middle Bhotekoshi Hydropower Project in Sindhupalchok, led by Chilime Hydropower Company Limited, a subsidiary of Nepal Electricity...

Emerging economies boost gold reserves, contributing to price surge

2 months ago

Kathmandu, September 22 —The price of gold has increased by NPR 1,700 in a single day. The Nepal Gold and Silver Dealers' Association has set the price of hallmark gold...

Existing blacklist remains unaffected by new monetary policy directives

2 months ago

Kathmandu, September 21 — Although the provisions of the monetary policy have extended the time for repaying loan principal and interest, over five hundred construction businesses remain blacklisted. With unclear...

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...