Jagdamba Motors, the authorized distributor of Proton vehicles in Nepal, has launched its “Redefine Your Everyday” TVC campaign for the […]
President of the Nepal Chamber of Commerce (NCC) Kamlesh Kumar Agrawal and UN Resident Coordinator to Nepal Lila Pieters Yahia held discussions on the challenges Nepal may face following its graduation from the Least Developed Country (LDC) category, as well as employment generation, investment promotion, export expansion, youth entrepreneurship and…
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…
Mobile wallet users across Nepal will now be required to update their National Identity Card (NID) number as the Nepal Rastra Bank (NRB) has introduced a new regulatory provision aimed at strengthening customer identification and enhancing the security of the country's digital payment ecosystem. Through an amendment to its Unified…
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…
Kathmandu: Nepal's stock market extended its upward momentum on Friday, with the Nepal Stock Exchange (NEPSE) index gaining 7.90 points to close at 2,734.63, reflecting renewed investor confidence despite mixed sectoral performance. According to the Nepal Stock Exchange, market activity also witnessed a significant boost as the day's total trading…
The Government of Nepal has stepped up efforts to reform the country's foreign employment sector, aiming to end the financial exploitation of migrant workers who are often forced to take high-interest loans, sell property, or mortgage family assets in order to secure jobs abroad. Minister for Youth and Sports and…
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…