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US Development Finance joins Nepal-focused Dolma Impact Fund

KATHMANDU: Dolma Fund Management announces the second close of Dolma Impact Fund II (Dolma II) – a private equity fund investing primarily in renewable energy, healthcare and technology in Nepal. U.S. International Development Finance Corporation (DFC), the U.S. government's development finance institution, joins existing investors FMO, CDC Group, Swedfund and

Gold ornaments
Gold price record high in Nepali market, Trading at NRs.…

KATHMANDU: The trading price of gold and silver has set a record high today. According to the Federation of Gold

NOC
Govt to provide NOC with 4 billion 250 million for…

The government has decided to provide funds for the purchase of petroleum products to the Nepal Oil Corporation, which is

Stock market
Stocks plunge, oil rockets, gold tops $2,000 on Ukraine fears

HONG KONG, March 7, 2022 (AFP) – Equity markets plunged Monday, while oil prices soared to a near 14-year high and

Nepal Airlines
Nepal Airlines to fly Riyadh, Dammam and Jeddah in Saudi…

KATHMANDU: The Nepal Airlines Corporation (NAC) will now start flying to Saudi Arabia, one of the Middle Eastern countries with

Coop Card
Coop Card for cooperatives comes into operation

KATHMANDU: A tripartite agreement has been signed between Global IME Bank Limited, Rastriya Sahakari Bank Limited and Smart Choice Technologies

VISA and Mastercard
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

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