IDA to provide Rs. 2.90 billion credit assistance to Nepal
Kathmandu, JUly 31 - The International Development Association (IDA) of the World Bank has agreed to provide Rs. 2.90 billion credit assistance to the...
Energy Minister reached NEA after 2 and a half months of his appointment
Kathmandu December 29- Deputy Prime Minister Top Bahadur Rayamajhi has directed the employees of Nepal Electricity Authority (NEA) to work in a way to...
Gold price up by Rs 750
KATHMANDU, May 24: Price of gold has increased by Rs. 750 per tola and reached Rs. 51,000 on Friday.
According to the Nepal Gold and...
Government to acquire another 140 bighas for Gautam Buddha Airport
Kathmandu March 4- Government is moving to acquire another 140 bighas of land around the proposed site of Gautam Buddha Airport (GBA) in Bhairahawa...
Tourism Development Bank to acquire Matribhumi Bikas Bank; Also announces 16% stock dividend
Kathmandu December 4- Tourism Development Bank Limited (TDBL) will be acquiring Matribhumi Bikas Bank Limited (MTBL). Both the banks have signed a Memorandum of...
Dollar rate plunged to 99 rupees
Kathmandu, Sep 19 – Dollar rate has decreased on Thursday to 99 rupees per dollar. Dollar which reached to 109 rupees two weeks earlier...
NCC Bank to give 16% bonus share
Kathmandu March 14- 18th AGM of Nepal Credit and Commerce (NCC) Bank Ltd has endorsed the proposal to distribute 16% bonus share and 0.84%...
Upper Trishuli III A to produce electricity by April end
Kathmandu, March 19 . The Upper Trishuli III 'A' is finally ready to produce electricity from next month.
The hydropower project which faced many obstructions...
Budget to focus on energy, agriculture, road, irrigation sectors
Finance Minister Shankar Prasad Koirala said that the budget for next fiscal year 2013/14 will be timely and will focus on productive sectors.
During the...
Finance Minister Pun hints at change in tax rates in new budget
KATHMANDU, MARCH 18: Finance Minister Barshaman Pun has said a thorough analysis will be done on the needs and relevance of tax rates in...