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Kathmandu, Dec 25: Nepal Rastra Bank (NRB), the central bank of Nepal, has declared Karnali Development Bank as a problematic financial institution. The decision was made during a meeting of NRB's Board of Directors. Following this declaration, NRB has assumed the management responsibilities of the bank, which has its head

The Upper Tamakoshi Hydropower Project which witnessed a halt in production following the damage caused by the rains-induced flood and

Chitwan, Dec 25: The Prime Minister Agriculture Modernization Project Implementation Unit is organizing a ‘honey festival’ here from Thursday for

The import of four-wheel drive vehicles through the Birgunj customs check point has decreased in the first five months of

With the growing size of public debt each year, the expenditure for servicing its interest has also increased, now surpassing

Lawmakers have called for encouraging the participation of private sector in development of electricity sector.

AAR’s participation in corrupt schemes to pay bribes to government officials in Nepal and South Africa.

Lawmakers have stressed the need to promote betel nuts farming and increasing its export.

The Rasuwagadhi Hydropower project in Timure, northern Rasuwa, has successfully completed its test production.

Data released by the Customs Department shows that imports increased by 3 percent, while exports rose by 16.5 percent in