Category: Finance

Kathmandu: Nepali currency has become more weak. For last few days, dollar value is setting a new record every other day. And the Nepalese currency has been weakening continuously. Recently, the US central bank, the Federal Reserve (Fed), increased the interest rate, and the value of the dollar, which is about to increase, has made… Continue reading USD value exceeds 131 rupees

Kathmandu: Nepal Airlines Corporation (NAC) has started online ticket booking service for international flights. Airline spokesperson Archana Khadka informed that ticket booking has started from Monday through online booking engine service for all international flights. According to her, it is now possible to book NAC tickets from any corner of the world through the official… Continue reading NAC begins online ticketing for international flight

Kathmandu: Two agreements have been signed between Nepal and Korea. In a program held at the Ministry of Finance, the representatives of the two countries signed separate agreements for the stable reintegration of those who returned home after working in Korea and strengthening the Cyber ​​Bureau of the Nepal Police. At the rate of 8… Continue reading Republic Korea to provide nearly two billion rupees grant to Nepal

Kathmandu: A new record has been set with the rise in the value of the US dollar. The Nepali rupee has become the weakest in history against the dollar. Nepal Rastra Bank has fixed the selling rate of 129.68 rupees equal to 1 dollar on Friday. This value of the dollar is the highest so… Continue reading Nepali currency weakens as dollar value rose

Kathmandu: The Commission for the Investigation of Abuse of Authority (CIAA) has stated that 16,238 corruption-related complaints were registered in the last fiscal year. Organizing a press meet today, the commission said that the total number of complaints was 24,331, including 8093 complaints from the previous fiscal year. In the last fiscal year, there were… Continue reading More than 16,000 corruption complaints registered in 1 year

Kathmandu: The Government of Nepal and the Government of Japan signed two agreements for utilizing grant assistance of JPY 2 billion and 256 million (approximately 2 billion rupees) for the implementation of the Project for the Improvement of theRehabilitation of Irrigation System in Eastern Terai Area; and the concessional credit of JPY15 billion and 901… Continue reading Nepal and Japan signs two agreements for improving Terai irrigation system

Kathmandu: The Parliamentary Committee has instructed the government to make necessary arrangements for fair price shops across the country for festivals like Dashain, Tihar and Chhath. The meeting of the Sustainable Development and Good Governance Committee under the National Assembly of the Federal Parliament held at Singha Durbar on Tuesday gave this instruction to the… Continue reading Parliamentary committee directs to arrange fair price shops across the country

Kathmandu: Prime Minister Sher Bahadur Deuba has said that Nepal will be upgraded from under developed country by 2026. Addressing the Investment Board Nepal’s Sustainable Infrastructure Investment Forum on Wednesday, Prime Minister Deuba said that by 2026, the country will be upgraded to a developing nation by infrastructure development and economic upgrading. He said that… Continue reading Prime Minister Deuba assures to upgrade Nepal from under developed nation by 2026

Kathmandu: Nepal Swarojgar Shramik Trade Union is going to protest against the Kathmandu Metropolitan City. The union has announced to demonstrate in Kathmandu on Thursday, saying that the footpath vendors and small traders have been removed without giving them any alternative way for business. According to the union, the small businessmen will gather at Sundhara… Continue reading Footpath vendors to protest against KMC

Kathmandu: The government has decided to take a soft loan of 35 billion rupees from the World Bank. Government Spokesperson Gyanendra Bahadur Karki informed that the decision was taken by the cabinet meeting held on Monday. According to Karki, this loan has been approved for the transport and trade relations enhancement program. Karki also informed… Continue reading Nepal to take 35bn loan from World Bank