Nepal Minute - out of the ordinary

Money & Finance

NTA instructs ISPs to block crypto, network marketing sites
NTA instructs ISPs to block crypto, network marketing sites The telecom regulator has warned of stringent action against anyone involved in such activities that...
Private sector requests central bank to go beyond guidelines
Private sector requests central bank to go beyond guidelines The FNCCI has demanded a reduction in interest rates to resolve the current liquidity crunch
Relief to borrowers as NRB revises working capital loan rules
Relief to borrowers as NRB revises working capital loan rules The amended guidelines allow businesses more than two years to adjust loans exceeding their working...
FM Poudel says economy isn’t out of control, vows to fix it 
FM Poudel says economy isn’t out of control, vows to fix it  FNCCI President Shekhar Golchha has advised the government to come up with immediate special measures
CNI office-bearers meet PM
CNI office-bearers meet PM The delegation suggested improvement in the country's economy should be the new government's first priority
Nepse posts double-digit growth on Poudel's appointment as FM
Nepse posts double-digit growth on Poudel's appointment as FM More than 5.6 million shares of 250 companies worth over Rs 2.9 billion are traded...
NEA exports power worth Rs11.16 billion 
NEA exports power worth Rs11.16 billion  The NEA has sold around 1.36 billion units of electricity in the 'day-ahead market' of...
Revenue office in Dhanusha struggles to collect taxes
Revenue office in Dhanusha struggles to collect taxes More than 66 percent of taxpayers in the district do not submit tax details regularly
Government spending tops Rs435 billion in five months
Government spending tops Rs435 billion in five months According to the Financial Comptroller General Office, the government has spent around Rs435 billion until...
Nepal’s remittance receipts up by 20 per cent to Rs378 billion in first four months
Nepal’s remittance receipts up by 20 per cent to Rs378 billion in first four months The central bank attributes the growth to a surge in the number of Nepalis taking...
FM Sharma urges private sector to join hands with govt to resolve economic problems
FM Sharma urges private sector to join hands with govt to resolve economic problems Nepal Rastra Bank Governor Maha Prasad Adhikari assures liquidity in the market will ease after...
Nabil first Nepali bank to extend services under India's TAP
Nabil first Nepali bank to extend services under India's TAP The new partnership means India’s Exim Bank will issue payment guarantee to the Letter of...
Nepal’s forex reserves up by 2.5 per cent since mid-July 
Nepal’s forex reserves up by 2.5 per cent since mid-July  The central bank’s macroeconomic update shows Rs1,246.22 billion in the country's foreign reserves in mid-October...
Four ideas stand out in this season's College Idea Hunt
Four ideas stand out in this season's College Idea Hunt Bio-Green, We for Nature, Aaha Bangles and meheneti.com finish on top out of 10 outstanding...
Business community protests interest rate hike
Business community protests interest rate hike After the latest revision, the interest rate on loans now hovers around 18 per cent
‘Narayanghat-Butwal highway will soon be pothole-free’
‘Narayanghat-Butwal highway will soon be pothole-free’ East West highway is part of the Asian highway network connecting the continent
Consumer Price Inflation remains at 8.64 per cent
Consumer Price Inflation remains at 8.64 per cent According to Nepal Rastra Bank, the inflation for food and beverage is at 8.17 per...
US dollar touches all-time high
US dollar touches all-time high The Nepali rupee has depreciated with the increase in the value of the US dollar...
Scores of cases filed against loan sharks
Scores of cases filed against loan sharks The victims registered their complaints against the exploiters after the government called for grievances against...
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