June 14, 2024, Friday

Finance

Deposits of the banking system fell by 2 billion in one day

Deposits of the banking system fell by 2 billion in one day

Monika Maharjan The deposits of the banking system increased by 2 billion rupees in one day. According to the data released by Nepal Rastra Bank today, 2 billion rupees were withdrawn from the banking system on May 9. According to the data of the Central Bank, till the 9th of Baisakh, deposits of 61 trillion…

Global IME Bank, IFC signs deal for enhanced risk management and inclusive finance

Global IME Bank, IFC signs deal for enhanced risk management and inclusive finance

Global IME Bank Limited has signed an agreement with the International Finance Corporation (IFC), a member of the World Bank Group, to provide advisory services to Global IME Bank across various risk management areas. These services encompass enhancing the operational risk management framework, establishing robust risk control systems, developing scoring models for credit approval systems,…

  • Finance Minister Mahat stresses implementation of development projects

    Finance Minister Mahat stresses implementation of development projects

    Finance Minister Dr Prakash Sharan Mahat has stressed the need for the effective implementation of development projects launched in Nepal with the assistance of Indian government. Attending the ‘project implementation review meeting organised here on Thursday by the Embassy of...

  • Economic Growth and Food Crisis

    Economic Growth and Food Crisis

    Our country's economy runs on loans, grants and remittances. The leadership rejoices in this and even gives amnesty to criminals. While preparing the row, the government has recently approved a concessional loan of 13.35 billion from the World Bank on...

  • Punish those who sell sugar at high prices

    Punish those who sell sugar at high prices

    The government has started taking action against those who sell sugar at a high price by creating an artificial shortage. The joint market monitoring team led by the Department of Commerce, Supply and Consumer Protection on Saturday took action against...

  • President’s call to international businessmen to invest in Nepal

    President’s call to international businessmen to invest in Nepal

    President Ramchandra Paudel has called upon international industrialists and businessmen to invest in agriculture, tourism and energy sectors in Nepal. President Paudel made the call today while inaugurating the 37th CASI Conference which will last for two days and is...

  • The oil corporation has become the tyrant

    The oil corporation has become the tyrant

    Nepal Oil Corporation deals in all petroleum products. Its main purpose is to make high profits, increase operating expenses, pay large commissions to transporters and sellers, and patronize syndicates. This is the business it is running. Now Oil Corporation buys...

  • Karnali herbs are not sold systematically

    Karnali herbs are not sold systematically

    Karnali province, which has a lot of potential for herbs, has been pushed back from every point of view of development due to its inability to utilize it. It is clear from various studies that the economic prosperity of Karnali...

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