May 27, 2026, Wednesday

Finance

The government will allow only one-fourth of the banks to operate

The government has allowed only one-fourth of the branches of banks and financial institutions to operate in the Kathmandu Valley and major cities where the ban has been issued. Those branches will have to be run with a single staff. The decision was taken at a meeting of the Covid-19 Crisis Management Center (CCMC) on…

The US Dollar Depreciated, What is the Value of the Currency of Which Country?

The US dollar has depreciated. The buying rate of one US dollar, which was Rs 119.15 on Wednesday, is Rs 118.17 today (Friday). The previous day was similar. The selling rate stood at Rs 118.77 from Rs 119.75 on Thursday, according to Nepal Rastra Bank. Today, the buying price of one European dollar is Rs…

  • Free Treatment for Corona Infection at Nobel Hospital

    The Nobel Teaching Hospital in Biratnagar will now provide free treatment to the infected corona. An agreement was reached between the Ministry of Health and Population and Nobel Hospital on Thursday to provide free treatment for corona infection. The agreement...

  • CEDB Hydropower is Going to Sell IPO to the Public

    CEDB Hydropower Development Company Limited is going to sell IPO to the public despite the ban in various districts of the country including the Valley. CEDB Hydropower has issued an IPO at a time when it has become clear that...

  • The by-election is Estimated to Cost Rs. 16.1 million

    The Election Commission (EC) has prepared financial procedures for conducting the by-election of the vacant National Assembly member of Bagmati Pradesh on May 20. A budget of Rs. 161.30 million has been estimated for the operation and management of the...

  • Sanima Bank’s Profit Rose 14.67 Percent

    Sanima Bank has made public its financial condition up to the third quarter of the current fiscal year. The bank has earned a profit of Rs 1.85 billion so far. The bank's profit is 14.67 percent higher than the same...

  • Machhapuchhre Bank Earned a Net Profit of Rs 1.29 Billion

    Machhapuchhre Bank has earned a net profit of Rs 1.29 billion in the first quarter of the current fiscal year. According to the bank's financial statement, the bank's profit in the current fiscal year is 10.61 percent higher. The bank...

  • Trading Volume in the Stock Market has Shrunk

    Today's transaction amount was lower than on Sunday and Monday. Shares worth Rs 5 billion 109 million 96 thousand 957 have been traded today. Earlier, the turnover was over Rs 7 billion on Sunday and over Rs 6.59 billion on...

  • Agreement between Investment Bank and Digital Wallet

    An agreement has been reached between Nepal Investment Bank and Digital Wallet to conduct remittance business. After this agreement, Nepalis living in Japan will be able to send money to Nepal using the Smile Mobile Remittance app of Digital Wallet....