Economy

Prabhu Bank earned Rs. 260 million net profit in first quarter

Kathmandu November 19- Prabhu Bank succeeded to earn Rs. 261.7 million net profit in the first quarter of current FY. In the corresponding quarter...

Valley to be developed as metro city soon

Kathmandu January 13- Kathmandu Metropolitan City, Lalitpur Sub-metropolitan City and the 20 municipalities are preparing the groundwork to develop the local bodies of Kathmandu...

Finance Minister again tells NOC not to distribute bonus

Kathmandu March 2- Finance Minister Bishnu Prasad Paudel has once again directed state-owned Nepal Oil Corporation (NOC) not to distribute bonus to its staff...

Petroleum deal with China delayed by taxation issues

Kathmandu November 22- Lack of clarity over double taxation on petroleum products from China will delay the signing commercial agreement with Petro-China. For now,...

Finance Minister Pun off to US to attend WB, IMF meetings

KATHMANDU, APRIL 15: Minister of Finance Barshaman Pun left for the United States to attend a joint meeting of the World Bank and International...

Govt to unveil expansionary budget of Rs 820-825 bn

Kathmandu, July-14 Finance Minister Ram Sharan Mahat is expected to unveil an expansionary budget of around Rs 820 billion to Rs 825 billion for...

Remittance agreement between Easy link and Janata Bank

Kathmandu November 8- Easy Link Remittance and Janata Bank Nepal made an agreement on payment of remittance. Dipendra Khanal Director of Easy Link Remittance...

Fewa and Business universal opted out from merger process

Kathmandu December 14- NRB directive to increase paid up capital of banks and financial institutions went on floor 5 months back, though after 5...

NIC Asia to distribute 41% dividend: investors to get right share of 4:1 too

Kathmandu December 21- NIC Asia Bank Ltd to distribute 39% bonus share and 2.05% cash dividend for tax provision to its shareholders. Bank announced such...

FNCCI asks AIIB to invest in Nepal

KATHMANDU, MARCH 26: FNCCI President Dhakal requests AIIB to invest in Nepal In a meeting between the board officials of Asian Infrastructure Investment Bank...

Latest Update

Free WordPress Themes, Free Android Games