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Forex reserve continue to decline despite tightening measures

KATHMANDU: The decline in foreign exchange reserves has continued despite the tightening of imports. Nepal Rastra Bank (NRB) had made an arrangement of keeping a cash margin of 100 percent for opening letter of credit (LC) for importing certain goods considering the negative impact of high imports on the foreign...

Forex reserve continue to decline despite tightening measures
Govt downsizes budget size by Rs 86 billion for FY 2021-22

Govt downsizes budget size by Rs 86 billion for FY 2021-22

Central Bank enforces cash margin policy on additional 27 types of goods

Central Bank enforces cash margin policy on additional 27 types of goods

Govt decides to revoke five-start status of Hotel Yak and Yeti on failure to pay tax

Govt decides to revoke five-start status of Hotel Yak and Yeti on failure to pay tax

Talking Infrastructure: The role of politics and public discourse in Nepal’s infrastructure development

Talking Infrastructure: The role of politics and public discourse in Nepal’s infrastructure development

Credit disbursement higher than deposit collection

Credit disbursement higher than deposit collection

Investment Board approves Rs 9.68 billion investment in Dabur Nepal

Investment Board approves Rs 9.68 billion investment in Dabur Nepal

Project contract up to Rs 3 billion to domestic contractors

Project contract up to Rs 3 billion to domestic contractors

Non-performing loans in Nepal’s banking sector least in South Asia

Non-performing loans in Nepal’s banking sector least in South Asia

Development Banks record 4.22 percent average spread rate in Q2

Development Banks record 4.22 percent average spread rate in Q2

NEA revises rule to relocate electrical structures in power distribution

Govt decides to hold local body election on May 13

Govt decides to hold local body election on May 13

Hyundai faces backlash in India over Pakistan arm’s Kashmir posts

Hyundai faces backlash in India over Pakistan arm’s Kashmir posts

Plots of Simara SEZ ready to set up industries

Plots of Simara SEZ ready to set up industries

Nepal urge India to buy 853 MW of electricity produced by 8 projects

Nepal urge India to buy 853 MW of electricity produced by 8 projects

Budget for local level election estimated at around 37 Rs billion

Budget for local level election estimated at around 37 Rs billion

Nepal likely to lose $500 million MCC grant on failure to ratify the project by February 28

Nepal likely to lose $500 million MCC grant on failure to ratify the project by February 28

NRB alerts consumers about risks of electronic transactions

NRB alerts consumers about risks of electronic transactions

Inflow of foreign tourists increases over 91 percent amid Covid-19

Inflow of foreign tourists increases over 91 percent amid Covid-19

Double-circuit transmission line connecting China being constructed soon

Double-circuit transmission line connecting China being constructed soon

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