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Govt reduces size of current fiscal budget by 14%

Making a mid-term evaluation of the budget for Fiscal Year 2022/2023, the government has reduced the size of the budget to the tune of 244 billion Rs.  Deputy Prime Minister and Finance Minister informed about this while unveiling the Mid-te…

High-tech string-based podway to be introduced in Nepal

There have been a discourse about mono-rail, and metro-rail to be operated in the Kathmandu Valley over the last few years, but we have not heard much about 'podway' yet. Minister for Urban Development Metmani Chaudhary had said that…

Monetary policy review: NRB gives relief to borrowers

The Nepal Rastra Bank (NRB) has adopted liberal policy with an objective of providing some relief to the borrowers. The central bank has given some relief to the borrowers by publishing a half-yearly review of the monetary policy of the current f…

South Korea to issue short-term visa for travelers from China on Feb 11

South Korea said it will remove the entry restrictions it placed on short-term travelers from China since the start of the year as officials see the Covid-19 situation in that country as stabilizing. South Korea in early January stopped issuing m…

NMB Bank launches Insta Buy

NMB Bank has announced the launch of their new credit card installment feature -- Insta Buy. This new feature allows customers to break up their credit card purchases into manageable monthly payments, making it easier to budget and pay off their …

Gold price up by Rs 200

The price of gold has increased by 200 rupees per tola today. According to the Federation of Gold And Silver Dealears Association (FENEGOSIDA), hallmak gold is being traded at Rs 104, 800 and Tejabi (worked) gold at Rs 104,300. Similarly, silv…

Pen down by Civil Bank employees

During the merger with Himalayan Bank, Civil Bank employees have started a protest expressing dissatisfaction with the staff adjustment. The President of Civil Bank Employees' Union, Satyandra Niraula, said that they have started a pen down f…

Nepal to host int'l symposium on technology in peacekeeping

Nepal is hosting an international symposium 'Partnership for Technology in Peacekeeping' on coming June 12-15 in cahoots with the United Nations. Nepal is organizing the event to exchange experience among the member nations on technology,…

In pics: CAN Infotech-2023 showcases new ICTs

CAN Infotech-2023 has started at Bhrikuti Mandap in the federal capital starting Tuesday.   Minister for Communications and Information Technology Rekha Sharma inaugurated the exhibition amidst a ceremony. Software products and laptops of…

EU investing heavily in Nepal's hydropower thru EIB: Kulman Ghising

A high-level team of the European Union EU has conducted an on-site inspection of the under-construction Chilime-Trishuli 220 KV transmission line project. A high-level team led by European Union's Asia Director Pietris Austs c…
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