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Banks and financial institutions to maintain a minimum of 90%…

Kathmandu, May 29: Nepal Rastra Bank has introduced a new rule requiring banks and financial institutions to maintain at least 90% of the mandatory cash reserve on a daily basis. Recently, Nepal Rastra Bank amended the Unified Directive, revising the provision that previously required maintaining 70% of the mandatory cash

Annual budget of nearly Rs 190 billion to be presented…

According to sources, Finance Minister Paudel will present a budget of nearly Rs. 190 billion, amidst a pressure on multiple

Political pressure and bureaucratic apathy cripple Project Bank

Despite a clear legal provision that prohibits budget allocation to projects not listed in Nepal’s National Project Bank (NPB), repeated

Nepal selling electricity to India at INR 4 per unit:…

Despite selling fewer units, we made a profit due to the price margin. This trend will likely continue for a

Minister Khadka inspects NEA office at Kuleshwor, instructs to smooth…

Minister of Energy, Water Resources, and Irrigation, Deepak Khadka, has stated that Nepal is currently supplying electricity as per the

China-supported tea project handed over to local cooperative in Nuwakot

A newly constructed tea factory,supported by the China Foundation for Rural Development (CFRD), one of “Vibrant Village” project supported by

Karnali Province CM initiates upgrading of Mulpani-Ranighat- Bhurigaon road

Chief Minister of Karnali Province, Yamlal Kandel, today initiated the upgrading works on the seven-kilometre Mulpani-Ranighat section of the Mulpani-Ranighat-Telpani-Bhurigaon

FNCCI President Dhakal Calls for Boosting Buddhist Tourism, Infrastructure

President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Chandra Prasad Dhakal, urged stakeholders to promote Nepal

Mechi Customs Office collects nearly Rs 13 billion in revenue

Mechi Customs Office has collected Rs 12.94 billion in revenue in the 10 months of current fiscal year 2024/25 which

Chief Justice Raut administers oath to newly appointed Governor Dr.…

Chief Justice Prakashman Singh Raut administered the oath of office and secrecy to newly appointed Governor of Nepal Rastra Bank,