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    Muktinath Bikas Bank Lowers Interest Rates on Fixed Deposits; Reverts to Its Own “Accidental” Dashain Offer 

    Muktinath Bikas Bank Limited (MNBBL) has decreased the maximum interest rate on Fixed Deposits. The bank declared an interest rate of 9.5 percent p.a. on FDs with maturities of up to ten years in its interest rate update for Ashwin. However,...

    The Asian Development Bank has approved a loan of USD 60 million to help Nepal modernise its energy grid.

    In addition to the current Nepal Electricity Grid Modernisation Project, the Asian Development Bank (ADB) has authorised a loan of USD 60 million USD as extra support for the ongoing project. As reported by the Asian Development Bank, the project...

    Mahalaxmi Life Insurance has officially launched a national insurance awareness campaign on a national scale.

    Mahalaxmi Life Insurance, as part of its corporate social responsibility programme, officially launched its Mahalaxmi Insurance Awareness campaign on Aswin 2 and 3, 2078, at a large gathering in Mumbai. This event in Dhulikhel, organised by the life insurance firm,...

    Apple unveils new iPhone 13, adds new features to iPads, watches

    iPhone 13 and a new iPad mini were announced on Tuesday by Apple Inc., which expanded 5G connection while also showcasing faster processors and crisper camera lenses. Among other things, the iPhone 13 will have a new chip called...

    The average length of stay for foreign tourists in Nepal has risen to 15 days

    Although the number of foreign tourists visiting Nepal has decreased due to the COVID-19 pandemic, the average length of stay has increased. According to the Ministry of Culture, Tourism, and Civil Aviation's recently released "Nepal Tourism Data 2020," tourists' average...

    Limits on digital transactions are eased under the Unified Directive on Payment Systems 2078

    The 'Unified Directive on Payment System - 2078' was released by Nepal Rastra Bank. The central bank has increased the maximum limit for transactions done using mobile and internet banking, as well as the maximum limit for remittances made...

    From September 17, the government will operate fair price retailers around the country.

    The government has announced that it will begin operating fair price shops in several locations in preparation for the Dashain-Tihar-Chhath festival on September 1. Customers can purchase food products at up to a 20 percent discount from any of these...

    TVS Motor Company launches new TVS Apache RTR 200 4V in Nepal

    TVS Motor Company, a renowned producer of two- and three-wheelers throughout the world, unveiled its new TVS Apache RTR 200 4V (single-channel ABS) motorcycle in Nepal at The Soaltee Crown Plaza, Kathmandu, featuring unique segment-first features. The motorcycle lives up...

    Number of deposit accounts in Nepal rise upto 36 million (120% of the population)

    By mid-June, the number of depositors opening accounts in banks and financial institutions had risen to 36.36 million, according to the NRB. The NRB stated this on Friday when it released the ‘Study Report on Financial Access in Nepal.'...

    Changan, a Chinese automaker, has launched its digital media channels in Nepal.

    Changan, a Chinese automaker, has begun communication by launching its official website and social media channels for Nepal Official Website: http://changannepal.com Facebook: https://www.facebook.com/changannp) Instagram: https://www.instagram.com/changan.nepal YouTube: https://www.youtube.com/channel/UCBkoBHjhHWuy4U4Pp9AfOHg The announcement was made by MAW Vriddhi Autocorp, the authorised distributor of Changan Auto in Nepal, with...

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    The Madhya Bhotekoshi Jalavidyut Company is set to list its initial public offering (IPO) tomorrow.

    The Madhya Bhotekoshi Jalavidyut Company is launching an allotment procedure for its recently completed initial public offering (IPO) to...