KATHMANDU, March 26: At a time when the government has been announcing its plans to prioritize farm insurance through the budget for the next fiscal year, the insurers have stopped selling farm insurance policies citing the delay in getting the subsidy that the government has promised to provide them.

KATHMANDU, March 25: Nepal Stock Exchange (NEPSE) on Monday declined by 17.01 points to close at 2,031.55 points.

PM urges AIIB for concessional loans to Nepal

Published On: March 25, 2024 06:31 PM NPT By: Republica

KATHMANDU, March 25: Prime Minister Pushpa Kamal Dahal has urged the Asian Infrastructure Investment Bank (AIIB) to ensure a policy for providing concessional loans to Nepal.

Funds secured to rebuild 700 quake-damaged school buildings

Published On: March 25, 2024 06:20 PM NPT By: Republica

KATHMANDU, March 25: The Ministry of Finance is managing funds necessary for the reconstruction of school buildings that were destroyed in the Jajarkot earthquake.

Gold price reaches Rs 126,700 per tola

Published On: March 25, 2024 04:00 PM NPT By: Republica

KATHMANDU, March 25: Gold price in the domestic market has surged to Rs 126,700 per tola, continuing its upward trend. This marks an increase of Rs 200 per tola compared to last Friday and Rs 900 per tola compared to the beginning of the current month.

KATHMANDU, March 25: Nepal Telecom (NTC) has urged its customers to swiftly upgrade their landline telephone services from traditional copper wires to modern fiber technology. The NTC has announced the cessation of services reliant on copper wires effective March 31.

KATHMANDU, March 24: The government is providing fiscal equalization grants (FEG) worth Rs 148 billion to sub-national grants in the next fiscal year.

KATHMANDU, March 24: Majority of commercial banks have lowered their base interest rates on loans to single digit after they were overwhelmed with excess loanable funds.

KATHMANDU, March 24: The National Natural Resources and Fiscal Commission (NNRFC) has proposed the fiscal equalization grant to be provided to the provinces and local governments in the upcoming fiscal year 2081-82 BS (2024-25) and recommended its implementation to the federal government. The grant is to be sourced from the Federal Consolidated Fund.

KATHMANDU, March 24: The downward trend in loan interest rates has commenced as banks gradually adjust their rates in response to continuous decreases in deposit interest rates over recent months.