NRB to withdraw additional Rs 25 billion for liquidity management

Kathmandu: Nepal Rastra Bank (NRB) is set to withdraw an additional Rs 25 billion from the banking system as part of its liquidity management efforts, after banks struggled to increase lending. According to NRB, the funds will be withdrawn through a bidding system over a period of 22 days. The central bank has invited proposals… Continue reading NRB to withdraw additional Rs 25 billion for liquidity management

Gold hits record high at Rs 171,300 per tola in Nepal

Kathmandu: The price of gold in Nepal’s domestic market surged to an all-time high of Rs 171,300 per tola on Tuesday, according to the Federation of Nepal Gold and Silver Dealers’ Association. This marks an increase of Rs 500 per tola from Monday, when fine gold was priced at Rs 170,800 per tola. The previous… Continue reading Gold hits record high at Rs 171,300 per tola in Nepal

Nepal imports 1.23 million smartphones worth Rs 19 billion in seven months

Kathmandu: Nepal imported 1.229 million smartphones worth Rs 18.98 billion in the first seven months of the current fiscal year (FY 2024/25), according to the Department of Customs (DoC). The government collected Rs 3.35 billion in customs duty on these imports between mid-July and mid-February. The latest figures show an increase of 126,000 units compared… Continue reading Nepal imports 1.23 million smartphones worth Rs 19 billion in seven months

FinMin Paudel resumes office after injury recovery

Kathmandu: Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel resumed his regular duties at the Ministry of Finance on Sunday after recovering from injuries sustained in a balloon explosion earlier this month. Paudel was injured on February 15 during the official launch event of ‘Pokhara Visit Year 2025,’ organized by Pokhara Metropolitan City. He… Continue reading FinMin Paudel resumes office after injury recovery

Nepal and Myanmar draw 2-2 in four-nation Women’s Football Championship

Photo courtesy: ANFA

Kathmandu: Nepal and Myanmar played to a 2-2 draw in the final league-stage match of the Four-Nation International Women’s Football Championship at Dasharath Stadium on Sunday. Both teams found the net twice in the first half, but neither side managed to score in the second half, resulting in a deadlock. Myanmar took an early lead… Continue reading Nepal and Myanmar draw 2-2 in four-nation Women’s Football Championship

Nepal tops global peacekeeping deployment with over 5,900 troops

Kathmandu: Nepal has emerged as the leading contributor of peacekeeping troops among countries involved in United Nations peacekeeping operations worldwide, the Nepali Army announced on Sunday. According to the Army’s Directorate of Public Relations and Information, a total of 5,913 Nepali peacekeepers, including 642 female soldiers, are currently serving in 11 missions across the globe.… Continue reading Nepal tops global peacekeeping deployment with over 5,900 troops

Nepal’s trade deficit reaches Rs 861.38 billion in seven months

Kathmandu: Nepal recorded a trade deficit of Rs 861.38 billion in the first seven months of the current fiscal year, according to data released by the Department of Customs. The country’s total foreign trade during this period stood at Rs 1,115.79 billion, with imports continuing to far exceed exports. Between the start of the fiscal… Continue reading Nepal’s trade deficit reaches Rs 861.38 billion in seven months

Nepal urges probe into death of Nepali student in India

File Photo

Kathmandu: Nepal’s Foreign Minister Arzu Rana has called on Odisha Chief Minister Mohan Chandra Majhi to conduct an impartial investigation into the death of Nepali student Prakriti Lamsal at KIIT University in Odisha, India. She also demanded legal action against those responsible. Expressing concerns over the safety of Nepali students studying in India, Rana urged… Continue reading Nepal urges probe into death of Nepali student in India

NTB successfully participates in SATTE 2025

Kathmandu: South Asia’s largest and most influential tourism fair, SATTE 2025 (South Asia Travel and Tourism Exchange), successfully concluded at Yashobhumi, New Delhi, from Falgun 7, 2081. Nepal’s diverse tourism offerings were showcased to more than 35,000 visitors, NTB with a distinguished delegation of 34 Nepali travel and tourism companies promoting Nepal’s tourism assets. The… Continue reading NTB successfully participates in SATTE 2025

Panama holds nearly 300 deported migrants in hotel under U.S. deal

File Photo Donald Trump at a caucus night party in Des Moines on Monday. Photo Courtesy: AP

Kathmandu: Nearly 300 deported migrants from various countries are being held in a hotel in Panama under a U.S. deportation policy, awaiting arrangements for their return, the Associated Press (AP) reported. Panama’s Security Minister Frank Abrego stated on Tuesday that the migrants are receiving medical attention and food as part of an agreement between Panama… Continue reading Panama holds nearly 300 deported migrants in hotel under U.S. deal