Subscribe to RSSTHe Week
In India's vote, Hindu holy city is battleground
TJSC submits memo to PM
Pakistan's army seeks closure of TV channel
Citizenship issue 'NGO grown', not real one: DPM Gautam
Jumla chief judge resigns over JC recommendation
Sydney FC fires head coach Frank Farina
Man hammers friend to death over minor dispute
My Republica e-Paper.
Market
  Forex
  Stocks
 
Falano by Rajesh KC
Cartoon Archive »  

Archives
  Daily News
  Photo Gallery
Wednesday WEATHER
KATHMANDU
Clear
Low 13oC
High 30oC
Sunrise 5:31 am
Sunset 6:32 pm
 
 
Page last updated at 2014-04-23 07:30:29 RSS
  BUSINESS & ECONOMY
  IMF Mission Bats For A Powerful NRB
       REPUBLICA  
 
    KATHMANDU, April 22: The International Monetary Fund (IMF) has said that the Nepal Rastra Bank (NRB) should be authorized to directly liquidate or scrap the license of any banks and financial Institutions (BFIs).

An IMF staff mission, led by Alexander Pitt, has recommended that the new central bank act should give NRB the power to scrap the license of any BFIs or liquidate them without entering into court´s proceedings.

 
  World Bank Objects To Spread Rate, Directed Lending
       PUSHPA RAJ ACHARYA  
 
    KATHMANDU, April 22: The World Bank has made an objection to the Nepal Rastra Banks´ (NRB) policy initiatives in regard to fixing interest spread rate and directed lending, saying that it hurts the competency of Nepali banks.

In its annual publication ´Nepal Economic Update´ unveiled here on Tuesday, the World Bank said the central bank´s policies are distorting the ability of banks.

 
  Rice, Lentil, Sugar Prices Up
       REPUBLICA  
 
    KATHMANDU, April 22: Prices of food commodities like lentil, rice and sugar, among others, have increased compared to prices recorded a month ago.

Popular rice varieties like Jeera Masino, Mansuli and Indian Basmati have become dearer by as much as Rs 8 per kg. Price of Mansuli rice increased by Rs 8 per kg to Rs 58, while Jeera Masino and Indian Basmati are selling at Rs 60 and Rs 115 per kg respectively, up by Rs 5 per kg each.

 
  Subsidy Card For Farmers By Mid-July
       REPUBLICA  
 
    KATHMANDU, April 22: The government is planning to distribute Farmer Subsidy Card (FSC) to farmers by mid-July.

According to the Ministry of Agricultural Development (MoAD), a guideline to regulate the new provision will ready by the second week of May and that cards will be distributed to farmers by July 15.

 
  Japan Provides 1.475 Billion Grant For Restoration Of Micro
       REPUBLICA  
 
    KATHMANDU, April 22: The Government of Japan ha agreed to provide a grant assistance of Rs. 1.475 billion for the restoration of the micro hydro projects in western region.

The assistance through JICA will help improve living standards of the people of the region by generating electricity after repairing dysfunctional equipment of the projects.

 
  More Headlines:
 
  • NRB raises IC exchange limit
    SAGAR GHIMIRE
  •  
  • Govt proposes CCB to buy stake in ADBL
    REPUBLICA
  •  
  • Off-budget foreign assistance growing
    PUSHPA RAJ ACHARYA
  •  
  • Indstrial Goods and Trade Expo concludes
    REPUBLICA
  •  
  • Samsung reduces price of Grand Neo
    REPUBLICA
  •  
  • Gold price down by Rs 500 per tola
    REPUBLICA
  •  
  • Closure of casinos leaves more than 11,000 jobless
    REPUBLICA
  •  
  • HIDCL to issue public shares worth Rs 2 billion
    RUDRA PANGENI
  •  
  • Probe commission raid troubled Oriental Cooperative
    SAGAR GHIMIRE
  •  
  • NRB introduces acquisition bylaw
    REPUBLICA
  • More Headlines»  
     

    Everest tragedy
    Heal Sherpas’ wounds

    Tragedy struck again on Everest. Climbi ...

     

    Between the lines
    Foreign Investment in media

    Lately, for those interested in media ...

     

    Wrong priority
    TRC Bill

    The present coalition government seems to have addressed, ...

     

    Heed the elderly
    The primary focus in demography of Nepal has hinged on policies geared towards the economically active population with a ...

     

    Stay away
    Political meddling in judiciary

    For the past one year, Nepal&rsqu ...

     
    We are investing $100 million this year
     

    Interview with Ncell CEO, Erim Taylanlar
    ...

    Congress has no liberty to whine, complain and point fingers at others
     

    Weekly interview with Gagan Thapa
    ...

     
     
     
     
     
    Follow us on FacebookFollow us on Twitter
    About us  |  Contact us  |  Advertise with us  |  Career   |  Terms of use  |  Privacy policy
     
    Copyright © Nepal Republic Media Pvt. Ltd. 2008-14.