NEWS

IMF reaches Staff-Level Agreement to Review Extended Credit Facility   
IMF reaches Staff-Level Agreement to Review Extended Credit Facility   
  0   2 minutes 35 seconds to read

October 6: Government authorities of Nepal and the International Monetary Fund (IMF) team have reached a staff-level agreement for the disbursement of about $51.3 million under the Extended Credit Facility (ECF) arrangement.…

Nepal Secures First Medal in 19th Asian Games
Nepal Secures First Medal in 19th Asian Games
  0   1 minutes 35 seconds to read

October 6: Nepal has finally succeeded in winning a medal in the ongoing 19th Asian Games in Hangzhou, China.…

Two more Earthquakes Jolt Bajhang
Two more Earthquakes Jolt Bajhang
  0   1 minutes 20 seconds to read

October 6: Two more earthquakes were felt last night (Thursday) with epicenters at Chainpur of Bajhang district in Sudurpaschim…

Japan Extends Grant to Improve Dhulikhel Hospital Trauma and Emergency Centre   

October 5: The Government of Nepal and the Government of Japan on Tursday signed agreement for utilizing the grant assistance of JPY 3,296 million (approximately NPR 2.95 billion) for the implementation of the ‘Project for the Improvement of Dhulikhel Hospital’s Trauma and Emergency…

Nepal Rastra Bank Amends Margin Lending Cap of Rs 120 Million
Nepal Rastra Bank Amends Margin Lending Cap of Rs 120 Million
  0   1 minutes 15 seconds to read

The Nepal Rastra Bank (NRB) has made changes to its Integrated Guidelines for the year 2080 BS. One of the remarkable changes is the removal of the previous upper cap on margin lending, which was set at Rs 120 million. Under the new guidelines, the NRB has increased the limit for margin…

Preparation Made to Open Korala Checkpoint: CM Pandey
Preparation Made to Open Korala Checkpoint: CM Pandey
  0   1 minutes 58 seconds to read

Chief Minister of Gandaki Province, Surendra Raj Pandey, said  that preparations have been completed to open the Korala cross-border checkpoint in…

SC Issues Show Cause Order for Taxation on Income Earned from Merger and FPO Issuance

October 5: The Supreme Court issued a ‘show cause order’ to the government regarding the provision under the Finance Act 2080 that requires payment of tax on income earned through the merger or acquisition of companies and through the issuance of further public offering (FPO) of…

Weather Improves after Five Days of Rainfall
Weather Improves after Five Days of Rainfall
  0   1 minutes 55 seconds to read

October 5: The weather across the country has improved from Thursday after continuous rainfall for the past five…

Nepal to Sign Labour Pacts with Germany and Romania
Nepal to Sign Labour Pacts with Germany and Romania
  0   1 minutes 46 seconds to read

October 5: The Government of Nepal is all set to enter into bilateral labour agreements with two European countries, Germany and Romania, in a move aimed at facilitating labour migration and employment opportunities for Nepali workers…

Sauraha’s Tourism in Crisis: Hotels Empty Despite Start of Season
Sauraha’s Tourism in Crisis: Hotels Empty Despite Start of Season
  0   3 minutes 1 seconds to read

Chitwan’s Sauraha, the third-largest tourist destination in the country, is wearing a deserted look. Even though the tourism season has started, tourists are not coming, leaving business owners disappointed.  The tourism season has set in, but hotel bookings are not made, rendering tourism entrepreneurs…