Economy

Rupee tumbles to over 28-month low of 107.83 vis-à-vis US dollar

Kathmandu January 15- Nepali rupee has tumbled to over a 28-month low, as the Indian rupee, with which the country’s currency is pegged, came...

SC quashes govt’s decision to withdraw criminal cases against 227 individuals

Kathmandu January 15- The Supreme Court quashed the Baburam Bhattarai-led government’s decision to withdraw criminal cases against 227 individuals on Thursday. Constitutional bench of Chief...

Fuel shortage unlikely to ease till supply from Raxaul normalises

Kathmandu January 15- Although the number of vehicles entering Nepal from all border points of India, except for Birgunj, has gone up since mid-December,...

AGM of NLG Insurance endorse 21% dividend

Kathmandu January 14- AGM of  NLG insurance has approved 21% dividend from its 10th AGM. AGM held on today has endorsed 17.11% bonus share...

Prime bank to distribute 19% dividend

Kathmandu January 14- Prime commercial banks has endorsed the proposal to distribute 18% bonus share and 0.95% cash dividend to its shareholders. AGM held...

Sahayogi and Fewa bank also enter in inter-bank electrical payment system

Kathmandu January 14- Sahayogi development bank and Fewa development bank has also entered into inter-bank electrical payment system. MoU between both development banks and...

Border points in Mahottari resume operation

Kathmandu January 14- The Indian bordering checkpoints in Mahottari district which have been completely halted for the past five months have come in to...

Goodwill finance to distribute 25% right shares

Kathmandu January 14- 21st AGM of Goodwill finance has decided to issue 25% right shares to its shareholders. AGM of the finance has decided...

Sanima Bank and Nepal Police sign MoU

Kathmandu January 14- Nepal Police and Sanima Bank Ltd have entered into an agreement to provide loan to families of incumbent cops, ex-police personnel,...

Nepal Stock Exchange to extend trading outside Valley

Kathmandu January 14- Stock traders will be able to conduct business from most cities outside the Kathmandu Valley in the next two months, the...

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