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Governor Adhikari suspended

KATHMANDU: The government has suspended Governor of Nepal Rastra Bank (NRB) Maha Prasad Adhikari. A Cabinet meeting on Thursday has decided to suspend Governor Adhikari alleging that he failed to maintain financial discipline of the country. Sources said that Finance Minister Janardan Sharma and the senior Finance Ministry officials were

Ministry of Labour, Employment and Social Welfare, Nepal
MoLESS proposes dozen points to increase remittance inflow

KATHMANDU: The Ministry of Labour, Employment and Social Security (MoLESS) has forwarded different proposals to encourage remittance inflow through formal

Elon Musk to join Twitter’s board

Elon Musk is joining Twitter’s board of directors a day after disclosing that the Tesla CEO took a 9% stake

Indian Prime Minister Narendra Modi
India’s exports rise to a record high of $418 billion…

India’s merchandise exports spurted to a record high of $418 billion in the financial year 2021-22 on account of higher

NOC
Supply of petroleum products eases following agreement

KATHMANDU: Supply of petroleum products in the local market has eased following an agreement between the protesting petroleum entrepreneurs and

Sher Bahadur Deuba
Prime Minister Deuba urges Indian entrepreneurs to invest in Nepal

NEW DELHI: Prime Minister Sher Bahadur Deuba has urged the Indian entrepreneurs, investors and industrialists to spur invest in the

President Bhandari stresses on increasing energy consumption

KATHMANDU: President Bidya Devi Bhandari has inaugurated Himalayan Hydro Expo amidst a special ceremony organised at Bhrikutimandap today. The three-day

Gyanendra Karki
Government approves several proposals put forth by China

KATHMANDU: The government has decided to approve the grant assistance and the technical assistance related to the feasibility study for

FNCCI and IBN MoU
FNCCI, IBN agree to promote investment in country

  KATHMANDU: A memorandum of understanding (MoU) has been reached between the Federation of Nepalese Chambers of Commerce and Industry

World Bank
World Bank to provide Rs 18 billion to strengthen Nepal’s…

KATHMANDU: The World Bank is to provide Rs 18 billion under the Finance for Growth development policy credit to strengthen