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NEA takes steps to be majority shareholder in Budhi Gandaki hydropower project
Published On: April 5, 2023 09:30 AM NPT By: Republica
KATHMANDU, April 5: Nepal Electricity Authority (NEA), the state-owned body responsible for producing and distributing electricity, has taken steps to own majority shares of the Budhi Gandaki hydropower project.
Use of cryptocurrency incurs high level of financial risks: NRB report
Published On: April 5, 2023 08:30 AM NPT By: Republica
KATHMANDU, April 5: Nepal Rastra Bank (NRB) has termed the use of cryptocurrency ‘financially risky’ and continues its ban over the use of the virtual financial instrument.
ADB and WB project Nepal’s economic growth to slow down to 4.1 percent in 2023
Published On: April 5, 2023 08:00 AM NPT By: Republica
KATHMANDU, April 5: The Asian Development Bank (ADB) has estimated Nepali economy to grow by 4.1 percent in the current fiscal year, lower than earlier estimation of 5.8 percent.
NRB instructs BFIs and payment service providers to run help desk even during night time
Published On: April 4, 2023 08:42 PM NPT By: Republica
KATHMANDU, April 4: Nepal Rastra Bank (NRB) has asked the banks and financial institutions (BFIs) to run 24-hour helpdesk to take grievances of the card users.
Nepse falls marginally by 5.20 points, while daily turnover recorded below Rs 1 billion
Published On: April 4, 2023 05:34 PM NPT By: Republica
KATHMANDU, April 4: Nepal Stock Exchange (Nepse) on Tuesday fell marginally by 5.20 points to close at 1,866.68 points.
NRB unveils Cryptocurrency Risk Assessment Report
Published On: April 4, 2023 04:30 PM NPT By: Republica
KATHMANDU, April 4: Nepal Rastra Bank (NRB) has unveiled the Cryptocurrency Risk Assessment Report today.
Three panels for FNCCI elections
Published On: April 4, 2023 04:00 PM NPT By: Republica
KATHMANDU, April 4: Industrialists and businessmen, who have been criticizing the political parties directly and indirectly for practicing distorted politics, have introduced factional politics in the Federation of Nepalese Chambers of Commerce and Industry (FNCCI).
Gold price rises
Published On: April 4, 2023 11:46 AM NPT By: Republica
Price of gold increased by Rs 1000 per tola.
NRB urges not to engage in illegal transactions including cryptocurrency
Published On: April 4, 2023 11:32 AM NPT By: Republica
KATHMANDU, April 4: Nepal Rastra Bank (NRB) has said that investments in virtual currency/cryptocurrency, pyramid based network marketing and hyper fund are illegal.
Govt to take ownership of Gautam Buddha Cricket Stadium
Published On: April 4, 2023 09:45 AM NPT By: Republica
KATHMANDU, April 4: The government has decided to take ownership of the Gautam Buddha International Cricket Stadium and build it.
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