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Visa, Mastercard suspend operations in Russia

NEW YORK (AFP) - Card payment giants Visa and Mastercard announced Saturday they will suspend operations in Russia, the latest major US firms to join the business freeze-out of Moscow over its invasion of Ukraine. "Noting the unprecedented nature of the current conflict and the uncertain economic environment," Mastercard said

NRB
NRB reduces gold import quota, fixes 10 kg per day

KATHMANDU: The Nepal Rastra Bank (NRB), Nepal’s Central Bank, has reduced import quota of gold. The importers can now import

Gyanendra Karki
Nepal Telecom Authority should focus on quality service: Minister Karki

Minister for Communications and Information Technology Gyanendra Bahadur Karki has said Nepal Telecommunications Authority (NTA) should be active to provide

Chandra Dhakal
Indigenous industries should be promoted for import substitution: Senior Vice…

KATHMANDU: Senior Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Chandra Prasad Dhakal, has said

Gold
Price of gold reaches close to Rs 100,000 per tola

The price of hallmark gold has increased by Rs 900 per tola (11.663 grams) and reached Rs 99,900 in the

NOC
NOC hikes petroleum prices, Petrol now Rs 150, diesel Rs…

KATHMANDU: The Nepal Oil Corporation (NOC) has hiked the price of petrol and diesel by Rs 5 per liter with

EVO
Hifuture Introduces FutureFit Evo, FutureFit Pulse and ColorBuds in Nepali…

Kathmandu: After successful launch in the premium segment, HiFuture has entered into the entry level budget segment in the Asian

NRB
NRB decrease the ceiling of internal remittances transfer

The Nepal Rastra Bank (NRB) has reduced the ceiling on internal remittances. The central bank has reduced the remittance limit

IPPAN welcomes ratification of MCC compact

The Independent Power Producers Association of Nepal (IPPAN) has welcomed the ratification of the US grant project, Millennium Challenge Corporation

Nepal Electricity Authority
Nepal Electricity Authority receives ‘Double A Plus’ credit rating

KATHMANDU: Nepal Electricity Authority (NEA) has received a ‘Double A Plus’ credit rating. ICRA Nepal Ltd., the credit rating agency