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ECONOMY

Nepal-India agree to finalize Pancheshwar DPR

Additionally, the two countries have agreed to release water into the already constructed link canal from Tanakpur to the Nepal-India border. The operational procedure for water release will soon be finalized in accordance with the Mahakali Treaty.  
16 hours ago
ECONOMY

Banks keep interest rates unchanged amid low loan demand

KATHMANDU, Feb 13: Most commercial banks in Nepal have kept their interest rates unchanged for Falgun (mid-February to mid-March), with 18 out of 20 banks maintaining the same rates as last month. Only one bank raised its rates, while another lowered them.
1 day ago
ECONOMY

Vianet pays Rs 550 million in lump sum for royalty and RTDF

Internet service provider Vianet Communications Limited has paid a total of Rs 550 million, including dues for royalty and the Rural Telecommunications Development Fund (RTDF) for the Fiscal Year (FY) 2023/24 to the Nepal Telecommunications Authority and the Ministry of Communications and Informatio...
1 day ago
ECONOMY

Most companies in SEBON pipeline less likely to get IPO appr...

The Securities Board of Nepal (SEBON) is unlikely to approve share issuance for most companies that applied to issue shares to the public.
1 day ago
ECONOMY

Nepal-India reach agreement for construction of cross-border...

The agreement was reached on the modality for the construction of a transmission line required to export 15,000 megawatts of electricity from Nepal to India and Bangladesh by 2035 at a secretarial meeting between Nepal and India in New Delhi on Tuesday.
1 day ago
ECONOMY

Nepal Micro Insurance to open IPO for general public from Fe...

The company, which has already issued and distributed the IPO for Nepali citizens working abroad, will now offer it to the general public from February 23.
1 day ago
ECONOMY

Govt restricts Chinese garlic imports following India's conc...

The government has tightened the noose for importing garlic from China, citing the excessive imported garlic could be smuggled to India.
2 days ago
ECONOMY

Development partners pledge Rs 205.84 billion in six months...

The government received a commitment of foreign assistance worth Rs 205.84 billion in the first six months of the current fiscal year, more than three-fold of the amount pledged in the same period in the last fiscal year.   
2 days ago
ECONOMY

Women entrepreneurs from Asia, Africa partner with UK compan...

A five-member Nepali delegation led by FWEAN President Shova Gyawali has reached Manchester
2 days ago
ECONOMY

IT-related goods and services worth Rs 28 billion exported i...

Nepal’s export of Information Technology (IT) goods and services is gradually increasing. In the first six months of the current Fiscal Year 2024/25, IT related goods and services worth over Rs 28.5 billion were exported from Nepal.
2 days ago