CIB investigates Miteri Cooperative fraud involving Dhanraj Gurung

2 months ago

Kathmandu, September 14 — The Central Investigation Bureau (CIB) of the Nepal Police has initiated an investigation into the alleged fraud involving the Miteri Savings and Credit Cooperative, which is...

Global IME Bank wins 'Euro Money Award for Excellence 2024'

2 months ago

Kathmandu, September 13 — Global IME Bank Limited has been honored with the 'Euro Money Award for Excellence 2024' in the categories of Best Bank Nepal and Best Bank ESG...

Zambia to support mining industry in Nepal

2 months ago

Kathmandu, September 13 — Zambia's non-resident ambassador to Nepal, Percy Patson Chanda has expressed commitment for exchange of technical support in the mining and exploration of minerals in Nepal. ...

Miteri Cooperative chairman discusses misuse of funds with parliamentary probe committee

2 months ago

Kathmandu, September 13 — The parliamentary investigation special committee on misuse of cooperative funds has discussed financial irregularities with Kumma Raj Gurung, the chairman of Miteri Cooperative. According to committee...

Pokharel denounces 'false propaganda' over cooperative scandal

2 months ago

Biratnagar, September 13 — "I express regret over the misleading propaganda, propagated by some corrupt intermediaries and certain media outlets, aimed at character assassination related to the Umagauri Agricultural Cooperative,"...

Boeing workers to strike as 25% pay rise rejected

2 months ago

Almost 95% of union members who voted in the ballot rejected the pay deal Virginia (USA), September 13 — Boeing workers are to go on strike after they overwhelmingly rejected...

Gold price sets new all-time high

2 months ago

Kathmandu, September 13 — The price of gold set a new record in the Nepali market on Friday. According to the Nepal Gold and Silver Dealers' Association, the...

'Allocation of capital spending will be increased for infrastructure development'

2 months ago

Kathmandu, September 12 — Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel has said government was for increasing allocation of budget for capital spending so that infrastructure development could...

Governor Adhikari says country's economy is improving

2 months ago

Kathmandu, September 12 — Governor of Nepal Rastra Bank (NRB), Maha Prasad Adhikari, has said that the country's economy which witnessed a setback after the Gorkha earthquake and COVID-19 pandemic...

No Progress on additional air routes despite Indian promises

2 months ago

Kathmandu, September 12 — Government of Nepal (GoN) has once again requested India to open additional flight routes. Culture, Tourism, and Civil Aviation Minister Badri Prasad Pandey made this appeal...

Trading volume rises as NEPSE index climbs

2 months ago

Kathmandu, September 12 — The Nepal Stock Exchange (NEPSE) index rose significantly on Thursday, the final trading day of the week. The index increased by 78 points, reaching 2,688. ...

Gold price falls by Rs 100

2 months ago

Kathmandu, September 12 — The price of gold in the Nepalese market has been set at Rs 153,300 per tola on Thursday. This is a decrease of Rs...

A330 aircraft back in Kathmandu after C-check

2 months ago

Kathmandu, September 12 — Nepal Airlines' widebody aircraft, which went to Italy for a C-check (technical inspection), has returned to Kathmandu today after two and a half months. The...

Stock market decline persists; trading volume plummets

2 months ago

Kathmandu, September 11—The stock market index (NEPSE) has been on a decline for several days. After reaching 3,000 points on August 15, the index has been falling steadily. Today...

NRB to withdraw NPR 40 billion from banking system

2 months ago

Kathmandu, September 11 — Nepal Rastra Bank (NRB) will withdraw NPR 40 billion from the banking system on Wednesday. This move comes as loan demand has decreased, prompting the NRB...