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Karnali Development Bank in problem, NRB takes over

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

Public debt reaches Rs 2,500 billion, interest payment exceeds development…

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

Lawmakers sought private sector’s role in electricity sector

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

Betel nut plant with fruit (file)
Lawmakers stress on promotion of betel nut production and export

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

Department of Customs Nepal.
Export rise in first five months in current FY

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

Daily four-hour power outage in Birgunj-Pathlaiya industrial corridor

Industries in the Birgunj-Pathlaiya industrial corridor have started facing significant challenges due to daily four-hour power outages during evening hours.

Foreign aid commitments surpass Rs 200 billion

According to the Ministry of Finance, by the first week of Poush in the current fiscal year 2081/82 BS, Nepal

Gold price
Gold trading at Rs 149,600 per tola today

The price of the gold has increased Rs 1,100 per tola in the local market today.

A letter to Prime Minister: Send farmers abroad or mix…

I can say this openly today: Don’t become a farmer unless you are ready to face death at every step.

Nepal earns Rs 13.04 billion from electricity exports to India…

Nepal Electricity Authority (NEA) exported electricity worth Rs 13.04 billion to India during the first five months of the current