A finance ministry semi-annual report showed that Egypt spent nothing on electricity subsidies in the second half of 2019, down from 7.992 billion Egyptian pounds ($510.02 million) the same period a year earlier. Scaling back energy subsidies that have been a strain on the budget for decades was a central part of a three-year, $12…
India has announced financial assistance of INR eight billion (Rs 12.80 billion) to Nepal for the upcoming fiscal year 2020-21, which is a significant drop in comparison to the last fiscal year. Presenting the Union Budget for the upcoming fiscal year, Indian Finance Minister Nirmala Sitharaman said India’s aid to the neighbouring countries for the…
Nepal Rastra Bank, has tightened its grip on individual loan. According to the direction, loan taker has to compulsorily submit a document that clearly states his/her income details. Issuing a press statement on Tuesday, it directed the commercial banks not to issue loan exceeding the instalment by 50 percent of the individual’s income. Nepal Rastra…
An unidentified group destroyed banana trees of Namobuddha Agriculture Farm in Hetauda Sub-Metropolitan City on Tuesday night.Balaram Bal, proprietor of the Namobuddha Agriculture Farm, informed that around 600 of 750 banana trees of his farm were destroyed by cutting them...
Police has arrested a smuggler. The name of the arrested man is Topchen Bhote ; arrested with 5kg gold from Chyamtang in Bhotkhola Rural Municipality, Sankhuwasabha. police arrested Topchen Bhote with 5kg gold and Rs38,000 cash from Chyamtang in Bhotkhola...
The fourth National Agricultural Machinery Exhibition-2076 has been already started in Chitwan from November 22. The four-day expo will take place at expo centre constructed by Chitwan Association of Industries. Ministry of Agriculture and Livestock, Department of Agriculture, Centre for...
