Category: Finance

Kathmandu: The Ministry of Finance has stated that the government is committed to the protection of the Chure region. Protests are taking place after the government said through the budget that it will reduce the trade deficit by extracting mining stones and sand. According to the Environment Impact Assessment Report identified by the Department of… Continue reading Finance ministry commits to prevent exploitation of Chure area

Kathmandu: The government has released a Rs 1.64 trillion budget for the fiscal year 2021-22, which is heavily distributed. The government intends to spend Rs 678.61 billion on recurrent expenditures out of the overall budget. Similarly, Rs 347 billion has been set aside for capital expenditure and Rs 207 billion has been set aside for… Continue reading Govt unveils budget of Rs 1.64 trillion for FY 2021-22

Kathmandu: Hoteliers have called for a comprehensive tourism revival plan to protect and promote the industry. Entrepreneurs have demanded a special address from the budget saying that the hotel industry, which was hit by the global epidemic of covid-19, has been disrupted due to the new Corona variant. As this business, which has a direct… Continue reading HAN demands to prioritize tourism revival on the upcoming budget

Kathmandu: The government has started sending budgets to other hospitals for special treatment equipment after the hospital’s budget was criticized for focusing only on accessible leaders and ministers’ home districts. The Ministry of Finance has agreed to provide a budget of Rs 1.41 billion for 41 hospitals to provide additional pediatric ICUs and ICU ventilators… Continue reading Additional budget of Rs 1.41 billion for 41 hospitals to add ICUs and ventilators

Kathmandu: Sanitizer worth Rs. 542.06 million has been imported in the last 10 months of the current fiscal year. The data released by the Department of Customs till mid-April shows that 1,718 tonnes of sanitizer has been imported to Nepal by mid-April. Nepal has been found to be importing sanitizers from more than a dozen… Continue reading Sanitizer worth more than Rs 540 mn imported during pandemic

Kathmandu: Nepal Rastra Bank (NRB) has directed banks and financial instutions (BFI) to operated Only limited branches during the prohibitory order. Issuing a notice today, NRB has directed the licensed A, B, C and D class banks and financial institutions to operate alternate services from limited branches following complaints that there is additional risk and… Continue reading NRB direct banks to operate limited branches only

Kathmandu: The Nepal Stock Exchange (NEPSE) index, which measures share turnover, has set a historical record so far. The Nepse index reached a record high of 2,820 points at noon on Sunday. With the dissolution of parliament, it was estimated that the market would decline due to political instability. Less than 10 minutes after the… Continue reading New record in the share market

MADRID (AP): Spain is revving up for a return of summer tourists, with Prime Minister Pedro Sánchez on Friday offering an upbeat outlook after his government lifted travel restrictions on British visitors and the European Union moved a step closer to allowing cross-border travel. Sánchez said those two developments will bring “a very much better… Continue reading Spain gears up for summer, lifts restrictions on UK tourists

Kathmandu: The Ministry of Finance has agreed to set up oxygen plants in 13 hospitals and connect HDU (High Dependency Unit) at an additional cost of Rs 178.7 million. Among the total amount, Rs 20 million for Bhaktapur Cancer Hospital, Rs 51.27 million for Karnali Institute of Health Sciences Jumla, Rs 15.5 million for Charikot… Continue reading Govt agrees to provide additional Rs 178.7 million for oxygen plant and HDU

Kathmandu: Now, even Nepali citizens can fly by chartered flight. According to the Civil Aviation Authority of Nepal (CAAN), such a circular has come from the Ministry of Culture, Tourism and Civil Aviation on Wednesday. The government has stopped regular flights and allowed chartered flights. At present, only foreign nationals are allowed to fly on… Continue reading Nepali citizens allowed to go abroad by chartered flight