Government
Loan against pension for government employee
**My dad wants to invest in stock using a loan as he is a retired government officer. But every time he visits Rastra Baniyjya Bank where he gets his pension amount from. Either the officers with proper knowledge of loan against pension are absent or they are unaware of recent changes. Can anyone please explain […]
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“Government Permits 60% of Local-Level Funds as Bank Deposits”
The government is planning to allow 60 percent of the funds accumulated at the local level to be recognized as deposits. The Ministry of Finance has made this decision and is set to send a letter to the Nepal Rastra Bank on Friday. The Nepal Rastra Bank, starting today, is preparing to issue directives […]
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“Government Approves Cyber Security Policy for Digital Safety”
During a Cabinet meeting on Tuesday, a significant decision was made to approve the Cyber Security Policy 2080. This step, confirmed by the Ministry of Communication and Information Technology, sets the stage for the upcoming Cyber Security Bill. The government aims to create a secure and advanced cyber environment in the country with this […]
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Government Grants Holiday for Bakrid; NEPSE Closed
The government has announced a public holiday on Thursday to celebrate Bakrid (Eid-ul-Adha). The Ministry of Home Affairs issued a press release stating that in accordance with the information published in the Nepal gazette, the holiday is granted to observe Bakrid on Ashad 14, 2080. On this day, all public offices, including the Nepal Stock […]
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Surge in Electric Vehicle Imports Impacts Government Revenue in Jestha
The import of electric vehicles in the month of Jestha saw a significant rise, with 3,800 units being imported. This increase in import numbers was observed as businesses are increasingly turning to electric vehicles due to challenges in importing petroleum vehicles. The customs department provided statistics indicating that the import consisted of electric cars, […]
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“Non-life Insurers Resume Agro Insurance Sales Until Asar End; Threaten Halt if Subsidy Disbursement Fails”
Non-life insurance companies in Nepal have decided to restart selling agro insurance policies until the end of Asar 2080, responding to persistent requests from the government and farmers. However, these companies have cautioned the government that they will stop issuing policies if the subsidy amount is not paid within the specified timeframe, according to […]
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Citizen Investment Trust’s Proposal: A 26.3158% Dividend for the Fiscal Year 2078/79
Citizen Investment Trust (CIT) has put forward a proposal to distribute a 26.3158% dividend for the fiscal year 2078/79. The decision was made during a board of directors meeting held on Baisakh 29. The proposed dividend consists of a 25% bonus shares allocation and a 1.3158% cash dividend (for tax purposes). The current paid-up capital […]
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“Ankhukhola Hydropower Sales Revenue Drops by 11.09% to Rs. 15.4 Crores, Net Worth Per Share Falls Below Par Value at Rs. 71.25”
Ankhukhola Hydropower Company Limited (AKJCL) has released their Q3 financial report for the FY 2079/80, revealing a significant decrease of 71.59% in net profit compared to the same quarter in the previous year, with the current net profit standing at Rs. 86.52 Lakhs. Total revenue up to the third quarter of FY 2079/079 has […]
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Chitwan will host the 7th Chitwan International Industrial Fair beginning on Baisakh 22.
CNI Chitwan, in collaboration with other government and non-government organizations, will host the 7th International Chitwan Industrial Fair 2080 on Baisakh 22, 23, and 24, 2080 at the Chitwan Exhibition Hall in Bharatpur.
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NRB’s 8.87% Development Bond 2085 ‘Chha’ has been listed on the NEPSE.
The Nepal Stock Exchange (NEPSE) has announced the listing of a new government bond, 8.87% Development Bond 2085 ‘Chha’. Nepal Rastra Bank issued the government bond. The 8.87% Development Bond 2085 ‘Chha’, with a face value of Rs. 10 Arba and a maturity period of 6 years, was issued on Chaitra 22, 2079. As a […]
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