Category: Finance

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

Kathmandu: The Ministry of Culture, Tourism and Civil Aviation has called upon the foreign nationals to drop a complaint with the Ministry if they come to know about the irregularities in the chartered flights issued for repatriation flight from Nepal. Stating that the government has now allowed chartered flights to repatriate foreigners who have come… Continue reading Tourism ministry urge to complain if any irregularities found in chartered flight

Kathmandu: The Supreme Court has issued an interim order in the name of the government not to levy taxes and fines during the prohibitory order. The Supreme Court has also issued an interim order in the name of the government to make necessary arrangements so that the details of value added tax and tax can… Continue reading SC directs not to take taxes and fines during prohibitory order

Kathmandu: The Ministry of Finance has agreed to set up oxygen plants in 11 hospitals and oxygen pipelines in one hospital in different parts of the country at a cost of around Rs 170 million. The finance ministry has agreed to spend an additional Rs 168 million on the health and population ministry. At the… Continue reading Govt allocates Rs 170 million to construct oxygen plant in 12 hospitals

Kathmandu: The customs department has deployed a ‘Quick Response Team’ to facilitate the supply of essential items including health items during the prohibitory order. Director General of the Department of Customs, Yamlal Bhusal, informed that the department has formed a ‘Quick Response Team’ to facilitate the supply of essential items. He made the remarks at… Continue reading Govt forms ‘Quick Response Team’ to facilitate supply of essential commodities