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Economy

Commercial banks yet to reach 76 levels

Kathmandu : Despite the government mandatory provision to open a commercial bank at every local level, no commercial bank has yet reached at 76 levels. According to the latest details published by the Nepal Rastra Bank, the central bank of Nepal, commercial banks have reached with their services...

BRI important to Nepal: Finance minister

Kathmandu : Finance Minister Dr Yubaraj Khatiwada has said the Belt and Road Initiative project as the largest project of this century would transform the course of development in areas of its implementation including Nepal.
Inaugurating the third International conference on ‘China’s Belt and...

Sajha bringing 20 more buses to the Kathmandu Valley

Lalitpur : The Sajha Yatayat is adding 20 more buses to its fleet in the Kathmandu Valley. According to Sajha’s manager Mahendra Raj Pandey, the decision to increase the number of buses for the Valley service followed the demand by the public for so.
The Kathmandu Metropolis is investing Rs...

Chinese Art Exhibition opens

Kathmandu : An art exhibition displaying various artworks by the Chinese artists has commenced at Sherpa Mall in Kathmandu from today. Chancellor of the Nepal Academy Ganga Prasad Uprety inaugurated the exhibition organized by China’s Hubei Changjiang Publishing and Media Group.
Speaking on...

Japan provides 1,047 million Japanese Yen

Kathmandu : Government of Japan has agreed to provide a grant assistance of 1,047 million Japanese Yen to the project called Rehabilitation of Sindhuili Road Affected by Earthquake. The project aims to reinforce the vulnerable parts of Sindhuli Road that are affected by earthquake. This will ensure...

Rise in gold price prompts fall in trade

Kathmandu : With the price of gold surging lately, the trade of gold has waned during this festival season in comparison to the last festival season. The Federation of Nepal Gold and Silver Dealers’ Association shared that the sale of the yellow metal was recorded at 50 kilogrammes in a...

International conference on renewable energy next week

Lalitpur : The fourth International Conference on Renewable Energy Technology for Rural and Urban Development is taking place in the capital next week. Around 20 countries will be participating in the event to be jointly organised by the Alternative Energy Promotion Center under the Ministry of...

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