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KATHMANDU: Nepal Rastra Bank (NRB) Governor Bishwanath Paudel has made it clear that there was no problem in functioning of NRB with the induction of finance secretary to the NRB board of directors. At a preliminary discussion organized by the Finance Committee of the House of Representatives on a Bill designed to amend NRB Act, […]
KATHMANDU: Finance Minister Swarnim Wagle has strongly cautioned against pursuing political motives within Nepal Rastra Bank (NRB), stressing that the Governor must not be treated like a civil servant subject to routine transfers or arbitrary dismissals. Speaking at a House Finance Committee discussion on a bill drafted to amend the Nepal Rastra Bank Act, 2002, […]
KATHMANDU: Stay updated with Nepal News’ evening briefing, bringing you the day’s most important developments from Nepal and across the globe. From politics and economy to sports, entertainment, and culture, we deliver a concise roundup of the top news you need to know. Government, Loan Shark Victims Sign 9-Point Deal, Protests Suspended The nationwide protest […]
KATHMANDU: Nepal News presents today’s snapshot of Nepal’s economic activities. Get quick updates on major market movements, policy shifts, and financial developments shaping the economy of Nepal. Here are the key economic highlights for today: NRB Collects Rs 50 Billion Via Deposit Collection Instrument Nepal Rastra Bank (NRB) absorbed Rs 50 billion from the banking […]
KATHMANDU: Prime Minister Balendra Shah (Balen) on Friday pledged policy and institutional support to strengthen the domestic footwear industry, saying the government will promote import substitution, expand exports, and create jobs through the sector. During a meeting with office bearers and members of the Footwear Manufacturers Association of Nepal (FMAN) at the Office of the […]
KATHMANDU: There is a particular kind of financial report that says one thing in its headline sentence and something considerably more urgent three paragraphs later. Nepal Rastra Bank’s (NRB) seventeenth Financial Stability Report is that kind of document. Read the executive summary quickly and you will come away reassured: capital adequacy above regulatory minimums, liquidity […]
KATHMANDU: As Nepal enters fiscal year 2026/27, Nepal Rastra Bank’s seventeenth Financial Stability Report, covering the year ended mid July 2025, paints a two track picture of the banking system. Capital adequacy, liquidity and leverage all sit comfortably above regulatory floors. But asset quality, the health of the loan book itself, has deteriorated steadily since 2022, […]
KATHMANDU: A major economic shift begins today as Nepal officially enters the new fiscal year 2026/27, activating a comprehensive overhaul of the country’s tax structures, public salaries, and monetary policies. Designed to simplify the tax system and stimulate the private sector, the newly implemented budget introduces substantial relief for individual taxpayers by doubling the entry-level […]
KATHMANDU: Nepal’s new budget of Rs 2.12 trillion for the fiscal year 2026/27 has officially gone into effect starting today, Friday. Presented earlier on May 29 by Finance Minister Swarnim Wagle, the budget allocates 59.8% (Rs 1,270.58 billion) to recurrent expenditure, 20.3% (Rs 431.10 billion) to capital expenditure, and 19.9% (Rs 422.24 billion) to financial […]
KATHMANDU: Stay updated with Nepal News’ evening briefing, bringing you the day’s most important developments from Nepal and across the globe. From politics and economy to sports, entertainment, and culture, we deliver a concise roundup of the top news you need to know. Vice President Yadav Returns Home from Qatar Visit Vice President Ram Sahay […]
KATHMANDU: Stay updated with Nepal News’ evening briefing, bringing you the day’s most important developments from Nepal and across the globe. From politics and economy to sports, entertainment, and culture, we deliver a concise roundup of the top news you need to know. Vice President Yadav Returns Home from Qatar Visit Vice President Ram Sahay […]
KATHMANDU: Nepal News presents today’s snapshot of Nepal’s economic activities. Get quick updates on major market movements, policy shifts, and financial developments shaping the economy of Nepal. Here are the key economic highlights for today: NRB Allows Banks to Count Interest Collected Within 15 Days Nepal Rastra Bank (NRB) has amended the Unified Directives 2026, […]
KATHMANDU: Nepal Rastra Bank (NRB) Governor Dr. Biswo Nath Poudel called on Prime Minister Balendra Shah today. The meeting took place at the Office of the Prime Minister and Council of Ministers in Singha Durbar. On the occasion, discussions were held on topics related to the country’s stock market, banking, and financial sector, said Deepa […]
KATHMANDU: Prime Minister Balendra Shah (Balen) on Thursday reaffirmed the government’s commitment to supporting women entrepreneurs, saying it would remove barriers to entrepreneurship and promote locally manufactured products at major tourist destinations. During a meeting with a Federation of Woman Entrepreneurs’ Associations of Nepal (FWEAN) delegation led by President Darshana Shrestha and including Third Vice […]
KATHMANDU: Hydropower is frequently championed as the ultimate engine of economic prosperity in Nepal’s development discourse. This perspective is not without merit, given that Nepal’s perennial Himalayan rivers make it one of the world’s richest countries in water resources. Emerging from the economic liberalization of the 1980s, Nepal’s hydropower sector has made monumental leaps in […]
KATHMANDU: Nepal Rastra Bank (NRB) has amended the Unified Directives 2026, allowing banks and financial institutions to count interest received within 15 days after the end of the fiscal year as income. Under the revised provision, only interest that remains unrealized after the 15-day grace period must be transferred to the regulatory fund after required […]
KATHMANDU: The Nepal Rastra Bank (NRB) has amended its unified directives to implement its monetary policy, allowing banks and financial institutions to increase the loan-to-value limit on shares used as collateral from 70% up to 80%. Under the new guidelines, financial institutions can offer this additional 10% leverage by designing specific product papers that assess […]
KATHMANDU: Stay updated with Nepal News’ evening briefing, bringing you the day’s most important developments from Nepal and across the globe. From politics and economy to sports, entertainment, and culture, we deliver a concise roundup of the top news you need to know. National Assembly Postponed to July 31 National Assembly Chairperson Narayan Prasad Dahal […]
KATHMANDU: Stay updated with Nepal News’ evening briefing, bringing you the day’s most important developments from Nepal and across the globe. From politics and economy to sports, entertainment, and culture, we deliver a concise roundup of the top news you need to know. National Assembly Postponed to July 31 National Assembly Chairperson Narayan Prasad Dahal […]
KATHMANDU: Nepal News presents today’s snapshot of Nepal’s economic activities. Get quick updates on major market movements, policy shifts, and financial developments shaping the economy of Nepal. Here are the key economic highlights for today: NRB Invites Bids for Rs 100 Billion Deposit Collection Nepal Rastra Bank (NRB) issued a Wednesday notice inviting licensed Class […]
KATHMANDU: Nepal Rastra Bank (NRB) has invited bidding for the collection of deposits worth Rs 100 billion. Issuing a notice today, the central bank announced the opening of the bidding process for deposit collection. According to the notice, only ‘A’, ‘B’, and ‘C’ class banking and financial institutions licensed by Nepal Rastra Bank are eligible […]
KATHMANDU: Prime Minister Balendra Shah (Balen) on Wednesday assured hotel entrepreneurs that the government’s accelerated efforts to promote tourism would help address concerns facing the hospitality sector, urging the private sector to work as a strong partner in the country’s tourism development. During a meeting with officials of the Hotel Association Nepal (HAN) at the Office […]
KATHMANDU: Prime Minister Balendra Shah (Balen) on Wednesday assured hotel entrepreneurs that the government’s accelerated efforts to promote tourism would help address concerns facing the hospitality sector, urging the private sector to work as a strong partner in the country’s tourism development. During a meeting with officials of the Hotel Association Nepal (HAN) at the Office […]
KATHMANDU: Currently, electric vehicles (EVs) are a common sight on the roads of Kathmandu and other urban areas. Having entered the country in limited numbers until the fiscal year (FY) 2019/20, EV imports have consistently grown at a significant rate over the past five years. According to the Department of Customs, a total of 2,940 […]
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