Friday, September 17, 2021

Economic

In Karnali, cereal crop production is rising, but vegetable production is down.

According to a study, food crop output has grown while vegetable production has decreased in Karnali province. According to the Provincial Economic Activities Study Report, 2020/21, issued by Rastra Bank (NRB), the area under food crop cultivation in the...

The Shangri-La Development Bank organises a public awareness campaign at the Dhading District Police Office.

An orientation event for police personnel from the District Police Office, Dhading was held by Shangri-La Development Bank to make them aware of the need of banking in these challenging economic times. Mr. Mahendra Khadka, Superintendent of Police, and...

The government is set to take a “budget holiday.”

Because the Appropriation Bill, 2078 BS, has not been approved by the Senate by the scheduled deadline, the administration would be unable to spend money from the state treasury as of Wednesday. Following today's meeting of the House of Representatives...

Everest Bank has launched a festive offer for its loan customers, introducing a variety of loan options with interest rates as low as 6.99...

Everest Bank Ltd. has launched a new โ€œEverest Festive Offerโ€ in celebration of the Nepalese New Year's Festival, which takes place this week and is the country's largest and most significant celebration. For the purpose of meeting the demands of...

Investors are flooding into Nepal’s stock market in large numbers.

Since the Nepalese Stock Exchange (NEPSE) first opened its trading floor in January 1994, the capitalization of the Nepalese equities market has been steadily increasing. Simply put, the overall market capitalization of NEPSE increased by nearly NRs. 3,76,871 million...

The MCC and Nepal have taken “good steps toward ratification of the treaty.”

This morning, a delegation from the United States government's Millennium Challenge Corporation (MCC), led by Fatema Z. Sumar, Vice President of Compact Operations, left after a four-day visit. The delegation was in Nepal to discuss the next steps...

The First Certified Used Mahindra Vehicle shops were officially opened by Agni Aastha.

First Certified used Mahindra Vehicle dealership in has been opened by Agni Aastha Private Limited, a subsidiary of the Agni Group. The showroom will also include a Sales, Service, and Spare Parts Setup. It was announced at the time...

In four points, scientist Mahabir Pun expresses his opinion on MCC.

A Nepalese scientist, teacher, social entrepreneur, and activist noted for his considerable work in utilising wireless technologies to develop rural areas of the Himalayas, Mahabir Pun, has shared his thoughts on the Millennium Challenge Cooperation (MCC) Compact. Pun stated...

Ford Motors Exiting India – What went wrong?

Approximately 4,000 jobs will be lost as a result of Ford Motors' restructuring of its Indian operations, which was announced on Thursday. Ford Motors was one of the first automakers to enter the Indian market and was one...

Despite the impact of COVID-19, Nepal’s foreign commerce grew rapidly in the first month of the current fiscal year

Despite the impact of COVID-19, Nepal's international commerce increased by 79.71 percent in the first month of the current fiscal year 2021-2022, which began in mid-July, according to data from the Department of Customs. Exports increased by 115.85% year on...

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