President of the Nepal Chamber of Commerce (NCC) Kamlesh Kumar Agrawal and UN Resident Coordinator to Nepal Lila Pieters Yahia […]
The government has stepped up preparations to reduce electricity tariffs, with the Nepal Electricity Authority (NEA) working on a plan to provide electricity to households and industries at concessional rates. A committee was formed on July 29, at the proposal of Energy, Water Resources and Irrigation Minister Biraj Bhakta Shrestha,…
Nepal's rapidly expanding digital payment ecosystem has come under increased scrutiny after the Nepal Rastra Bank (NRB) identified serious weaknesses in cybersecurity, governance, and regulatory compliance. At the same time, thousands of cooperative depositors in Kathmandu Metropolitan City are still waiting to recover billions of rupees trapped in financially troubled…
Nepal's export-oriented industrialists have warned that the uncontrolled export of locally available raw materials to India could seriously threaten the future of domestic manufacturing industries. They have urged the government to take immediate policy measures, arguing that the continued outflow of raw materials is putting Nepal's value-added industries, particularly the…
Kathmandu: Nepal's Supreme Court has refused to grant legal recognition to the transfer of an 80 percent stake in Ncell, ruling that the transaction was carried out in violation of Nepalese law because it was completed without prior approval from the Nepal Telecommunications Authority (NTA). The Court has directed the…
Nabil Bank Limited, one of Nepal’s leading private commercial banks, has strengthened its position as a leader in the country’s banking sector by winning three prestigious honors at the Euromoney Awards for Excellence. The bank was recognized as Nepal’s Best Bank, Nepal’s Best Bank for ESG, and Nepal’s Best Bank…
The Secretariat of Finance Minister Dr. Swarnim Waglé has urged investors to remain cautious against what it describes as "misleading and sponsored rumors" surrounding Nepal's stock market, insisting that regulatory reforms are progressing despite recent market volatility. In a public statement issued on the first day of the new fiscal…
Nepal Rastra Bank (NRB) has revised its margin lending policy, allowing banks and financial institutions to provide higher loans against the shares of financially strong listed companies. The new provision is expected to improve access to credit for investors while encouraging investment in fundamentally sound companies. Under the revised framework,…
The Kathmandu District Court has ordered the release of Dipak Bhatt and Sulabh Agrawal on bail in separate cases involving alleged securities and insurance-related offenses. The decision came after a week-long continuous detention hearing, with the court issuing its remand order on Thursday. The bench, headed by Judge Shiv Prasad…
The 11th edition of the Nepal Buildcon International Exhibition, a premier event focused on the development of Nepal's construction sector, successfully concluded on Sunday at Bhrikutimandap, Kathmandu. Starting from February 5 (Magh 22), the four-day exhibition attracted over 65,thousand visitors, showcasing the latest global technologies, materials, and services to the…
A high-level delegation from the Qatar Chamber of Commerce and industry has arrived in Kathmandu to discuss the operationalization of the Joint Business Council (JBC) This council was formed in partnership with the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) following an agreement signed in April 2024 during…
The electoral atmosphere in West Nawalparasi Constituency No. 1 has reached a fever pitch following the registration of "heavyweight" candidates. Candidates are currently engaged in door-to-door campaigns to woo voters ahead of the House of Representatives election scheduled for March 5, 2026 (Falgun 21). In this high-stakes battle, billionaire businessman…
Department Finds Harmful 'Ammonia' in Kathmandu Water IndustryThe Department of Food Technology and Quality Control (DFTQC) has detected Ammonia, a substance harmful to human health, in the water produced by a processing plant in Gothatar, Kageshwari Manohara Municipality. The discrepancy was discovered on January 21 (Magh 7) during a surprise…