Category: Finance

Kathmandu: The funds collected by the Nepali Embassy in Houston, USA through the operation of the consular service camp have been robbed. When the embassy conducted consular service camps in the cities of Dallas, Austin and Houston from December 15 to 20, the ‘money order’ and ‘cashier’s check’ collected from the service clients were robbed.… Continue reading Nepal Embassy vehicle in US vandalized

Kathmandu: Financial literacy at the overall national level has reached 57.9 percent. In the Financial Literacy survey released by Nepal Rastra Bank, the financial literacy score of men is higher than that of women. It is mentioned in the survey report of Rashtra Bank that the financial literacy score of men was found to be… Continue reading Only 58 percent people in Nepal have financial literacy

Kathmandu: A number of Nepali migrating workers losing their lives in foreign country has increased. In last three years, a total of 3,199 Nepali workers have lost their lives in the destination country during their foreign employment. A statistic has shown that Nepali workers who have reached different countries of the world for foreign employment… Continue reading Number of Nepali migrant workers losing life in foreign increases

Kathmandu: Nepal Oil Corporation (NOC) has reduced the price of fuel. According to the corporation, the price of petrol, diesel and kerosene has been reduced by Rs 3/3 per liter with effect from 12 midnight on Friday. With the reduction in price, now per liter price of petrol will be 178 and per liter price… Continue reading Govt reduces fuel price

Kathmandu: Remittance inflows has increased by 20.4 percent to Rs.378.04 billion in the review period against a decrease of 7.0 percent in the same period of the previous year.Amid this, number of Nepali workers (institutional and individual-new) taking approval for foreign employment increased 102.5 percent to 195,196 in the review period.The number of Nepali workers… Continue reading Remittances increased by 20.4 percent

Kathmandu: Mahaprasad Adhikari, Governor of Nepal Rastra Bank (NRB), has said that the liquidity within the banking system is improving. He also informed that the interbank rate has dropped from 8.5 to 7.07 percent. Speaking at a program held in Kathmandu on the occasion of the Annual General Meeting of Nepal Bankers Association, the governor… Continue reading NRB Governor says liquidity crisis is improving

Kathmandu: The price of gold, which has been continuously increasing for a few days, has continued on Sunday as well. On the first trading day of the week, the price of gold in the Nepali market on Sunday increased by 200 rupees per tola.On the previous trading day i.e. Friday, the gold per tola had… Continue reading Gold price cross 1 lakh rupees

Kathmandu: The police has arrested eight people who were pretending to be officers of Inland Revenue Department and collecting money from others in the name of charge. The police informed that the investigation is going on against them for cheating and non-committal offences. They, who are in government uniform, have been monitoring different places by… Continue reading Nepal police arrested fake officers of inland revenue department

Kathmandu: Nepal will receive 5.11 billion rupees from the government of Finland and Norway for the enhancement of the country’s education sector. The government has decided to accept 19 million Euros (2.54 billion) from the Finnish government. Information and Communication Technology Minister Gyanendra Bahadur Karki informed that the cabinet meeting held on Tuesday decided to… Continue reading Nepal to receive 5.11 bn grant from Finland and Norway

Kathmandu: Kathmandu Metropolitan City (KMC) has decided to hire engineers on contract who are on the waiting list after passing the Public Service Commission exam. According to the metropolis, as an engineer should be hired for the infrastructure work, priority was given to those who had passed the public service exam last year. In a… Continue reading KMC to hire engineers who are on waiting list after clearing PSC examination