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Gold import put on hold as market remain shut due to prohibitory order

KATHMANDU: Banks have stopped importing gold because there is nowhere to sell it as the country is under lockdown, with one happy result that this may help to narrow the trade deficit, bankers said. Anil Sharma, executive director of the Nepal Bankers’ Association, said banks stopped buying gold as soon...

Gold import put on hold as market remain shut due to prohibitory order
Spain sending ventilators, oxygen concentrators to Nepal through chartered flight on Thursday

Spain sending ventilators, oxygen concentrators to Nepal through chartered flight on Thursday

Five firms apply to Insurance Board for reinsurance license

Five firms apply to Insurance Board for reinsurance license

China bans financial, payment institutions from cryptocurrency business

China bans financial, payment institutions from cryptocurrency business

Nepse sets new record

Nepse sets new record

China-aided medical supplies arrive Kathmandu

China-aided medical supplies arrive Kathmandu

Lockdown, prohibitory order give a boost to cashless transactions

Lockdown, prohibitory order give a boost to cashless transactions

Ncell introduces hotline service for free Covid-19 counseling

Ncell introduces hotline service for free Covid-19 counseling

Q3 Review of Monetary Policy: 14 Points to Remember

Q3 Review of Monetary Policy: 14 Points to Remember

WEF cancels 2021 annual meeting, says next summit in 2022

WEF cancels 2021 annual meeting, says next summit in 2022

NRB bars BFIs from charging debt penalties throughout prohibitory period

NRB bars BFIs from charging debt penalties throughout prohibitory period

Government approves EIA report of MCC-funded Electricity Transmission Project

Government approves EIA report of MCC-funded Electricity Transmission Project

Ministry of Finance completes LMBIS entry of budgetary programmes, ongoing projects on top priority

Ministry of Finance completes LMBIS entry of budgetary programmes, ongoing projects on top priority

Mega infrastructure projects to be built under EPC model

Mega infrastructure projects to be built under EPC model

Finance Minister Poudel directs custom offices to facilitate import of medical goods

Finance Minister Poudel directs custom offices to facilitate import of medical goods

Bullish trend continues in Nepse, closes with all-time high of 2,759.21 points

Bullish trend continues in Nepse, closes with all-time high of 2,759.21 points

Step out of this darkness on your own: Banker Anil Keshary Shah

Step out of this darkness on your own: Banker Anil Keshary Shah

Only 35% of development expenditure in 10 months, govt likely to miss even revised revenue target

Only 35% of development expenditure in 10 months, govt likely to miss even revised revenue target

New budget through parliamentary process, not ordinance: PM Oli

New budget through parliamentary process, not ordinance: PM Oli

China-aided 18,000 oxygen cylinders arrive at Tatopani checkpoint

China-aided 18,000 oxygen cylinders arrive at Tatopani checkpoint

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World Business

USAID shutdown triggers 40pc drop in Nepal’s star hotel business

USAID shutdown triggers 40pc drop in Nepal’s star hotel business

Trade wars erupt as Trump hits Canada, Mexico, China with steep tariffs

Trade wars erupt as Trump hits Canada, Mexico, China with steep tariffs

Mass layoffs at USAID as Trump administration cuts global aid programs

Mass layoffs at USAID as Trump administration cuts global aid programs

Nepal bans import of European helicopters, citing safety concerns

Nepal bans import of European helicopters, citing safety concerns

Elon Musk-led DOGE halts grants to Nepal for federalism and biodiversity conservation

Elon Musk-led DOGE halts grants to Nepal for federalism and biodiversity conservation

RBI cuts interest rates for the first time in five years: A boost for economic growth

RBI cuts interest rates for the first time in five years: A boost for economic growth

‘inDrive ready to lead Nepal’s digital transformation, Nepal is our key market’

‘inDrive ready to lead Nepal’s digital transformation, Nepal is our key market’

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