Category: Finance

Kathmandu: The Gautam Buddha International Airport (GBIA) at Bhairahawa in Rupendehi district has come into operation on Thursday. Another new international airport has come into operation in the country after 74 years of operation of Tribhuvan International Airport. The old 1,500-meter runway of the airport, which is a project of national pride, has been closed… Continue reading Gautam Buddha International Airport begins commercial flights from today

Kathmandu: Three people have been arrested on charges of engaging in trading the banned digital currency cryptocurrency. Among the arrested are Anup Mishra, Dipesh Thapa and Rahul Chachan. A team of the Kathmandu Valley Crime Investigation Office arrested them from Mahabouddha, New Road, and Kalanki areas of Kathmandu on the basis of special information. They… Continue reading Three arrested for trading cryptocurrency

Kathmandu (Rashtriya Samachar Samiti): The Tribhuvan International Airport (TIA) will be operational around the clock from June 2. The Civil Aviation Authority of Nepal (CAAN) is preparing to operate the international airport around the clock to manage the increasing flight pressure. According to the authority, the TIA, Gautam Buddha International Airport and the under-constructed Pokhara… Continue reading Preparation for 24 hour operation of international terminal and 18 hours of domestic

Kathmandu: According to the Nepal Bankers’ Association, the supply of raw gold in the market has been depleted during the main wedding season. After Nepal Rastra Bank instructed the banks not to open LC (Bank Guarantee of Commodity Import), the import is nil and now the stock of raw gold in the market has run… Continue reading Gold out of stock in Nepali market

Kathmandu: Foreign Employment office started issuing institutional work permits online only starting today. The government has now implemented an online system of institutional work permits for workers going for foreign employment. Minister for Labor, Employment, and Social Security Krishna Kumar Shrestha on Friday launched the online system of institutional work permits. According to Minister Shrestha,… Continue reading Issuing institutional work permit goes online

Kathmandu: Nepal Airlines Corporation (NAC) is going to start regular flights to Saudi Arabia from April 21. For the first time, a national flag carrier will fly to Riyadh, Saudi Arabia on a regular basis. The Civil Aviation Authority of Nepal has already given permission to Nepal Airlines for commercial flights. It was allowed to… Continue reading NAC to operate regular flights to Saudi from April 21

Kathmandu: Rashtriya Banijya Bank (RBB) will provide Rs 2 billion loans to Nepal Oil Corporation (NOC) to import petroleum products. The loan process has been started due to a lack of funds to be paid for the second installment of this month. NOC has said that the bank would provide the loan after the request… Continue reading Rashtriya Banijya Bank to lend Rs 2 bn to NOC

Kathmandu: Finance Minister Janardan Sharma has said that the Ministry of Finance has proposed the cabinet to reduce the cost of petroleum fuel for government purposes. Speaking at a press conference at the Ministry of Finance, Finance Minister Sharma said that he had proposed not to use government vehicles on public holidays to ease the… Continue reading Finance Ministry proposes to cut off govt’s fuel cost

Kathmandu (Rashtriya Samachar Samiti): The government has made it clear that the economy, which has been weakened by the Corona pandemic for the past two years, is becoming normal gradually. Presenting the fact that the economic activities affected due to the Covid-19 epidemic are normalizing, the government has made public the details that about 98… Continue reading Economic indicators are normalizing: Finance Minister

Kathmandu: Finance Minister Janardan Sharma has urged the heads of missions abroad to bring in as much remittances as possible from the citizens living abroad and to conduct promotional programs to promote tourism. He directed the Chief of Mission abroad to take initiative to increase the number of foreign tourists. Holding a virtual meeting today… Continue reading Finance Minister instructs to raise remittance and tourism activities