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NRB must take prudent measures to bring monetary system back on track

Published On: January 11, 2024 07:32 AM NPT By: Republica

The credit-deposit (CD) ratio of banks and financial institutions (BFIs) have fallen below 80 percent due to a slow increase in lending compared to the excessive rise in deposit collection. According to the records with Nepal Rastra Bank (NRB), the CD Ratio of the BFIs stood at 79.94 percent as of Sunday.

Translate words into real action

Published On: January 10, 2024 07:35 AM NPT By: Republica

Acknowledging the failure of the government to address the grievances of a large number of victims of cooperatives even after a long time, Prime Minister Pushpa Kumar Dahal on Monday directed the Ministry of Finance (MoF) to come up with a concrete proposal to address the issue.

Tackling the menace of new COVID-19 variant

Published On: January 9, 2024 07:15 AM NPT By: Republica

The COVID-19 infection has emerged as a major concern yet again with the Ministry of Health and Population (MoHP) confirming on Monday the detection of its new variant in Nepal.

Avoid excessive use of force while handling protests

Published On: January 8, 2024 07:25 AM NPT By: Republica

The Barathhawa area in Sarlahi has been tense for the past two days. The local administration in Sarlahi has imposed a curfew to contain the possible unpleasant situation as the clash that ensued between the police personnel and the agitating demonstrators has claimed the life of one person and several others are said to have been injured.

Welcome progress in resolving Kathmandu's water woes

Published On: January 7, 2024 07:15 AM NPT By: Republica

In a major development that makes Kathmanduites heave a sigh of relief, the Melamchi Water Supply Project, a vital lifeline for the residents of Kathmandu Valley, is approaching the final stages of repair. This news comes as a ray of hope for the people grappling with persistent water shortages in the bustling capital.

A positive milestone for Nepal-India bilateral relations

Published On: January 6, 2024 07:00 AM NPT By: Republica

In a significant development, Nepal and India inked a long-term Power Trade Agreement (PTA) on Thursday, solidifying India's commitment to purchase 10,000 MW of electricity from Nepal over the next decade. This landmark agreement, signed during the Joint Commission (JC) meeting between the two countries, marks a pivotal moment in regional cooperation and energy trade.

A forward-thinking move towards a greener future

Published On: January 5, 2024 07:00 AM NPT By: Republica

In a significant move towards a sustainable and eco-friendly future, the government has recently made a groundbreaking decision that mandates gasoline stations receiving new operating licenses to include Electric Vehicle (EV) charging units on their premises. This commendable move, backed by the Ministry of Energy, Water Resources and Irrigation (MoEWRI), is poised to revolutionize the transportation sector and contribute to the reduction in reliance on fossil fuel.

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