NEWS

Fuel from Russia Makes Backdoor Entry to Europe via India
Fuel from Russia Makes Backdoor Entry to Europe via India
  0   2 minutes 55 seconds to read

May 2: Although the European Union imposed a ban on imports of fuel from Russia following its invasion of Ukraine on February 24, 2022, fuel from Russia is still flowing to European countries through the…

Government Signs 7-Point Agreement with Mahabir Pun
Government Signs 7-Point Agreement with Mahabir Pun
  0   2 minutes 16 seconds to read

May 2: The government has agreed to establish a fund to carry out the work related to innovation and invention in an integrated manner.…

CBFIN Decides to File Case Against Anti-Banking Activities
CBFIN Decides to File Case Against Anti-Banking Activities
  0   1 minutes 32 seconds to read

The Confederation of Banks and Financial Institutions (CBFIN) has decided that it will take legal action against any individual, organization, or group involved in activities that harm the credit and reputation of banks and financial…

SEBON Grants Letter of Intent to 16 Companies for New Brokerage Licenses
SEBON Grants Letter of Intent to 16 Companies for New Brokerage Licenses
  0   1 minutes 40 seconds to read

The Securities Board of Nepal (SEBON) has decided that it will grant Letters of Intent (LoI) to sixteen companies for new stock brokerage licenses. The decision was taken by the Board of Directors of the SEBON during a meeting held on Monday…

Cooperatives Seek Rs 10 Billion in Concessional Loan from Government
Cooperatives Seek Rs 10 Billion in Concessional Loan from Government
  0   3 minutes 57 seconds to read

May 1: Operators of cooperatives have asked for financial assistance from the government in the form of concessional loans of Rs 10 billion as they are under mounting pressure due to lack of…

Government Transfers Budget worth Rs 33.3 Billion in a Month
Government Transfers Budget worth Rs 33.3 Billion in a Month
  0   4 minutes 1 seconds to read

May 1: The government made budget transfer of Rs 33.5 billion including transfer of funds, reallocation of resources and additional disbursements in the Nepali month of Chaitra (mid-March to mid-April) of the current fiscal…