Economy

Planned energy emergency likely to last for 3-5 years

Kathmandu Nov 20- The Ministry of Energy (MoE) has been preparing to declare an energy emergency lasting three to five years as per the...

Nepal in Economic MESS: IMF

Kathmandu November 20- The International Monetary Fund has warned that Nepal could descend into an economic mess due to the magnitude of the destruction...

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...

20% increment in net profit of Himalayan bank

Kathmandu November 19- Himalayan Bank succeeded to earn Rs. 322.7 million net profit in the first quarter of current FY which is 20.16% growth...

Cumulative profit of banks is 18%

Kathmandu November 19- On the basis of financial report of first quarter of current fiscal year published by 20 commercial banks, cumulative profit of...

42th branch of Civil Bank in Tulsipur

Kathmandu November 19- Civil Bank Ltd opened its 42th branch in Tulsipur, Dang on Wednesday. Chief Executive Officer of Civil Bank, Kishor Maharjan inaugurated...

Nepal team to leave for China on Thursday to sign trade deal on fuel

Kathmandu November 19- A delegation from the Ministry of Commerce and Supplies is all set to leave for China on Thursday to sign a...

Gold slumps to three month low

Kathmandu November 19- The strengthening of the US dollar and expectations of the US central bank raising the interest rate next month after nearly...

Special Economic Zone in Panchkhal remains on paper after 10 years

Kathmandu November 19- The construction of a special economic zone (SEZ) planned to be set up at Panchkhal in Kavrepalanchok district has not started...

ADB, MCC asked to fund highway expansion

Kathmandu November 19- The government has requested the Asian Development Bank (ADB) and Millennium Challenge Corporation (MCC), a US aid agency, to finance the...

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