Economy

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...

Nepal considers government-to-government deal with China

Kathmandu December 10- Senior government officials have started discussions for signing a government-to-government (G2G) deal with China to import petroleum products from the northern...

Infrastructure Development Corporation to conduct feasibility study on fertilizer plant in Nepal

Kathmandu December 10:  The Investment Board Nepal (IBN) will soon hand over the task of conducting feasibility study on establishment of a chemical fertilizer...

Agreement between Nepal Clearing House and Himalayan Bank

Kathmandu December 10- Nepal clearing house and Himalayan bank signed an agreement regarding interbank electronic payment system. Mr. Nileshman Singh, CEO of Nepal clearing...

Gaumukhi Bikas Bank Ltd proposed of 21% bonus share

  Kathmandu December 9- BOD meeting of Gaumukhi Bikas Bank Ltd has proposed to  distribute 21% bonus share and 1.11% cash dividend for tax purpose...

NRB approves stock & cash dividends of Everest & Nabil Bank

  Kathmandu December 9- NRB has approved dividend proposal of Everest Bank of distributing 30% bonus share and 6.58% cash dividend and of Nabil Bank...

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