Amid rumors spread against the financial health of few Nepali banks, Nepal Rastra Bank (NRB) has clarified that the banks strictly adhere to adequate safety measures enforced by the central bank.The …
UK launches new £400m development portfolio for Nepal
It will help Nepal to tackle the climate crisis, mobilise international finance for development, deliver economic transformation and support governance and inclusion, says British Embassy in Kathmandu …
Nepal and UK sign agreement to enforce programs on business and Green Growth
Shreekrishna Nepal, Joint-Secretary of the Ministry of Finance, representing the Government of Nepal, and Pippa Bird, Development Director at the British Embassy in Nepal, representing the British …
Financial Procedures Ordinance approved in Nepal
The meeting of the House of Representatives of Nepal that was held on Sunday, passed the Financial Procedures and Financial Liability (First Amendment) Ordinance, 2080 by a majority. Finance Minister …
India’s UPI payments system goes live in Sri Lanka and Mauritius
India’s Unified Payment Interface (UPI) has made its official debut in Sri Lanka and Mauritius, with Nepal reportedly next on the list as India’s real-time payments system continues its international …
India’s UPI payments system goes live in Sri Lanka and Mauritius
India’s Unified Payment Interface (UPI) has made its official debut in Sri Lanka and Mauritius, with Nepal reportedly next on the list as India’s real-time payments system continues its international …
CBFIN criticizes bad rumors against financial health of a number of the BFIs
The Confederation of Banks and Financial Institutions Nepal (CBFIN) expressed its concern over the rumors recently being raised against the financial health of a number of banks and financial …
Extension of limit for India’s HICD Project made under legislative jurisdiction: Nepal PM
Nepal Prime Minister Pushpa Kamal Dahal on Sunday informed parliamentarians that the extension of High Impact Community Development (HICD) Projects has been made under the legislative …
Nepal’s Home Minister orders crackdown following interference by Chinese envoy
Chinese Ambassador to Kathmandu Chen Song’s recent lobbying efforts to protect his country’s nationals guilty of violation of local laws has irked Nepal’s Home Minister Narayan Kaji Shrestha who has …
NEPSE plunges 1.31% on Sunday; Finance sector hit hardest
The Nepal Stock Exchange (NEPSE) took a sharp dive of 27.21 points on the first trading day of the week, marking a 1.31% decline to settle at 2,034.82 points by the day’s end.