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India preparing to hand over partially built railway project to Nepal

India is preparing to hand over the partially completed Bathnaha-Biratnagar-Katahari railway project to Nepal. The work of opening a 1.8 kilometer railway track in Katahari area in Nepal is on hold due to the compensation dispute. Likewise, layin…

Don’t tighten grip on mobile sets brought by foreign returnees: PM to FinMin

Prime Minister Pushpa Kamal Dahal 'Prachanda' has instructed the Ministry of Finance not to implement the decision to tighten controls on the mobile sets brought from abroad immediately. Prime Minister has instructed Finance Minister Bish…

Everest Bank extends financial support to Dhading school

Everest Bank Limited (EBL) has assisted a Dhading school to set up a power backup system to meet the educational facility's energy need.  As part of its corporate social responsibility, EBL Deputy General Manager Keshab Raj Paudel handed…

Celebrity banker Shrestha unveils love of her life

Celebrity banker Raveena Deshraj Shrestha has revealed the love of her life through social media. After quitting as CEO of Mega Bank a few days ago, Shrestha made public her new man's picture on Instagram. Mother-in-law of a…

Govt's inability to spend development budget slows down sales of construction materials

The business of construction materials has been in doldrums due to the government's inability to spend development budget. Businesses have faced a slow down as the government has been able to spend only about 11 percent of the …

25 banks mandated to return Rs 4.67 billion to borrowers

Twenty-five commercial banks which charged premium from their borrowers against the agreement have been mandated by the Nepal Rastra Bank to return Rs 4.67 billion to the second party. Those banks charged additional interests from debtors against…

China resumes one-way trade via Hilsa port

China has resumed one-way trade via Nepal-China Hilsa-Purang border port. According to the Ministry of Foreign Affairs, the border port was reopened for the one-way trade on December 26. An official at the ministry said that the two-way trade via…

Export from Nepal to China resumes for first time after COVID

Export of goods from Nepal to China resumed for the first time via land route after the onset of COVID-19 pandemic towards 2019-end. Nepal began exporting goods to China from today (Wednesday). The first consignment of goods was exported through …

Stock market gives new FinMin Paudel the green light

The stock market seems to have accepted newly appointed Finance Minister Bishnu Paudel as the market rose by almost 60 points today (Tuesday). The 60 points gain comes the day after Poudel was sworn-in as finance minister. Poudel took o…

CNI office-bearers meet PM Dahal

A delegation of the Confederation of Nepalese Industries (CNI) met with newly appointed Prime Minister Pushpa Kamal Dahal 'Prachanda'. During the meeting at the private residence of the Prime Minister at Khumaltar today, the delegation of…
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