Economy

Nepal records illegal financial outflow of $ 5.67 billion in 10 years

Kathmandu December 11- Nepal is the fourth largest country in South Asia to witness illegal movements of money or capital, says a latest global...

Economy in drop as exports imports plunges

Kathmandu December 11-  Nepal’s exports and imports saw a drop in the first four months of the current fiscal year after overland trade was...

Protesting activists detained from in front of Indian Embassy

  KATHMANDU December 10- Around three dozen human rights activists were detained for staging a protest in front of the Indian Embassy in Kathmandu against...

Cabinet forms high-level panel for infrastructure development

Kathmandu December 10- The Council of Ministers on Thursday formed a four-member high-level committee including Deputy Prime Minister with Physical Infrastructure and Transport portfolio...

Net profit of Life Insurance Corporation increased by 78%

Kathmandu December 10- Private sector's life insurance company, Life Insurance Company (Nepal) has earned Rs. 16.5 million in the first quarter of current fiscal...

CEO of Kuber Merchant held for banking fraud

Kathmandu December 10- The Central Investigation Bureau of Nepal Police has arrested Kamal Nath Subedi, the then Chief Executive Officer of Kuber Merchant Finance...

7.69% bonus share proposed by Deva Bikas Bank

Kathmandu December 10- BOD meeting of Deva Bikas Bank Ltd has proposed of 7.69% bonus share and 0.405% cash dividend for tax provision. The proposed...

Donors call for stepping up efforts to fight corruption

Kathmandu December 10- On the occasion of the International Anti-Corruption Day, Nepal’s development partners today urged the government to step up efforts to combat...

Rupee falls to over 27- months low

Kathmandu December 10- The Nepali currency has fallen to over a 27-month low, as the Indian rupee, with which the country’s currency is pegged,...

Business confidence falls sharply

Kathmandu December 10- Business confidence points in the country has dropped as a result of as supply disruption and fuel shortage due to India-imposed...

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