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BoP at surplus, inflation exceeds expected ceiling
Published On: May 10, 2023 03:30 PM NPT By: Republica
KATHMANDU, May 10: The country's balance of payments (BoP) remained at a surplus of Rs 180.17 billion till mid-April, according to a report about the current macroeconomic and financial situation of Nepal unveiled by the Nepal Rastra Bank on Wednesday. Similarly, gross foreign exchange reserves till the date stood at Rs 1433.73 billion and 10.94 billion in the USD terms.
Kantipur City College and Suvidha Sewa sign MoU to enhance career development opportunities for students
Published On: May 10, 2023 01:55 PM NPT By: Republica
KATHMANDU, May 10: Kantipur City College (KCC) and Suvidha Sewa have recently signed a Memorandum of Understanding (MoU) aimed at fostering career development opportunities for students.
Gold price rises
Published On: May 10, 2023 01:20 PM NPT By: Republica
KATHMANDU, MAY 10: The price of gold has increased in the Nepali market. According to the Federation of Nepal Gold and Silver Dealers’ Associations, the price of gold per tola has increased by Rs 400.
We will assist in increasing trade with Nepal: EU ambassadors
Published On: May 10, 2023 01:19 PM NPT By: Republica
KATHMANDU, May 10: A two-day EU Nepal Business Forum was held in the capital with the promise of bringing in foreign investment and enhancing trade in Nepal. The program held in the capital for two days on Monday and Tuesday discussed in detail the possibility of foreign investment in Nepal and business enhancement.
IMF recommends for policy-level precautions
Published On: May 10, 2023 10:35 AM NPT By: Republica
KATHMANDU, May 10: The International Monetary Fund (IMF) has urged the government of Nepal to apply policy-level precautions stating that Nepal's economy was still at risk.
NRB permits BFIs to alter interest rates on monthly basis
Published On: May 10, 2023 08:20 AM NPT By: Republica
KATHMANDU, May 10: Nepal Rastra Bank (NRB) has asked banks and financial institutions (BFIs) to fix interest rates on their loans on a monthly basis.
Singha Durbar flooded by people’s representatives with small project requests
Published On: May 9, 2023 09:10 PM NPT By: Bhuwan Sharma
KATHMANDU, May 9: The rhetoric ‘Singha Durbar in every village’ in the new federal setup still seems to be a far cry from reality.
Govt permits a returnee migrant worker to bring up to two mobile sets without paying duty
Published On: May 9, 2023 08:04 PM NPT By: Republica
KATHMANDU, May 9: The government has granted permission for a returnee migrant worker to bring an additional mobile device while returning home.
Rs 746 million collected in revenue from mountain climbing
Published On: May 9, 2023 06:45 PM NPT By: Republica
KATHMANDU, May 9: As the weather is favorable for climbing in spring, a considerable number of climbers come to Nepal from all over the world. People climbing various mountains, including Mount Everest, also contribute to government revenue.
Nepse gains 10.66 points, daily turnover drops to 774.76 million on Tuesday
Published On: May 9, 2023 05:46 PM NPT By: Republica
KATHMANDU, May 9: Nepal Stock Exchange (Nepse) on Tuesday gained 10.66 points to close at 1,844.36 points, with the banks looking to reduce the interest rates any time soon.
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