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Foreign exchange reserves above Rs. 15 billion: NRB

KATHMANDU, Dec 22: The gross foreign exchange reserves increased 7.4 percent to Rs 1506.06 billion in mid-November 2020 from Rs1401.84 billion in mid-July 2020. This is stated in the Current Macroeconomic and Financial Situation Report based on four months' data ending Mid-November, 2020/21, the Nepal Rastra Bank (NRB) published on

Nepal, World Bank sign Rs 9.3 billion project to bolster…

KATHMANDU, Dec 22: The Government of Nepal and the World Bank have signed a $80 million (around NPR 9.3 billion)

nepse
NEPSE gains 30.33 points and closes at 1,965.96

KATHMANDU, Dec 21: The Nepal Stock Exchange (NEPSE) index ultimately gained 30.33 points and closed at 1,965.96 on Monday. The

Sri Ram Sugar Mills pays 250 million to farmers

KATHMANDU, Dec 21: The Sriram Sugar Mills has begun paying its dues to the sugarcane farmers. It has claimed to

Mistri khola hydro project to generate power in a month

MYAGDI, Dec 21: The 42-MW Mistri Khola hydropower project has stepped up its preparation to generate power within a month.

Ilam municipality’s cold store lying idle

ILAM, Dec 21: A cold store constructed nine years ago by Ilam municipality at the cost of Rs 60 million

nepse
NEPSE tumbles 96.88 points amidst political instability

KATHMANDU, Dec 20: The Nepal Stock Exchange (NEPSE) index lost 96.88 points and closed at 1,935.63 on Sunday. This is

Two sugar mills start paying farmers

KATHMANDU, Dec 20: The Rautahat district-based Annapurna Sugar Mill has started clearing farmers’ dues. Issuing a press statement today, the

Eight mountain flights in a single day

KATHMANDU, Dec 19: The air services have shared that the tourists are found attracted towards mountain flights soon after the

NIFRA Bank
Biggest IPO launching soon, Nepal’s biggest in IPO history

KATHMANDU, Dec 19: It has been almost two years since the establishment of Nepal Infrastructure Bank Limited (NIFRA) with a