Economy

Inflation stood at 8.7 percent

Kathmandu, June 16 - The year-on-year Consumer Price Index (CPI) inflation stood at 8.7 percent in mid-May, the tenth month of the current fiscal...

PSC to introduce OMR system

KATHMANDU, June 15: The Public Service Commission (PSC) has introduced Optical Mark Reader (OMR) system from this fiscal year to examine the objective questions´...

Banning polythene bags in KMC area begins from today

Kathmandu Metropolitan City ( KMC ) has banned polythine bags from today.   The KMC said this drive was launched to discourage the production of plastic...

Bankerss requested govt to revise BFIs income tax to 20 pc

Kathmandu, June 14 - The bankers have requested the government to revise the income tax of banks and financial institutions (BFI) to 20 percent...

Budget will help move economy towards productivity: FM

Kathmandu, June 13 - Finance Minister Sankhar Koirala said that the new budget for the next fiscal year 2013/14 will pave the way towards...

Rupee at historic low against dollar

Kathmandu, June 12 - The Nepali Rupee further depreciated to an all time low against the US dollar as Nepal Rastra Bank has fixed...

Nepali rupee hits all time low against US dollar

Kathmandu, June 11 - The Nepali Rupee has depreciated to an all time low against the US dollar, dropping by Rs. 1.34 in a...

Gold price rises by Rs 850 per tola

Kathmandu, June 11 - The gold price has fluctuated in the domestic market after a fall in the international market.The price of gold has...

Budget demand exceeds to Rs. 750 b

Kathmandu, June 10 - The demand of the budget for the next fiscal year 2013/14 has crossed over Rs. 750 billion against the ceiling...

Banks on strict process to capture assets for Aunction sale

Kathmandu, June 8 - Bank and financial organizations are capturing the share and assets of the NB group as an aunction sale. Banks are...

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