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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: The intensive nine-day protest against predatory loan sharking has officially been suspended following a landmark nine-point agreement signed between the victims’ representatives and the government. The breakthrough came after a grueling “March for Justice,” which commenced in Janakpur and moved through Bara before culminating in high-level negotiations in Kathmandu. Under the facilitation of the […]
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: The government’s negotiating team and the agitating loan shark victims are preparing to officially sign a written agreement today, transitioning a previous verbal understanding into a formal pact. To finalize the deal, a decisive round of last-stage talks has commenced at the Office of the Prime Minister and Council of Ministers in Singha Durbar. This […]
KATHMANDU: The government’s negotiating team and the agitating loan shark victims are preparing to officially sign a written agreement today, transitioning a previous verbal understanding into a formal pact. To finalize the deal, a decisive round of last-stage talks has commenced at the Office of the Prime Minister and Council of Ministers in Singha Durbar. This […]
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, […]
BARA: A six-member delegation of loan shark victims, led by struggle committee coordinator Awadhesh Kushwaha, has departed for Kathmandu to finalize a draft agreement with the government. Prepared during late-night discussions at the Ministry of Home Affairs on Wednesday in the presence of Home Minister Sudhan Gurung, the draft aims to provide a long-term solution […]
KATHMANDU: The task force formed to prepare the “Constitution Amendment Discussion Paper” has submitted its final report to the Office of the Prime Minister and Council of Ministers. Coordinated by Asim Shah, Political Advisor to Prime Minister Shah, the panel was established in March 2026 under the government’s 100-point governance reform agenda to build national […]
KATHMANDU: A Cabinet meeting called by Prime Minister Balendra Shah began at the Office of the Prime Minister and Council of Ministers in Singha Durbar on Thursday. The meeting is currently underway.
KATHMANDU: Prime Minister Balendra Shah (Balen) is holding talks with Rastriya Prajatantra Party (RPP) Chairman Rajendra Lingden at the Office of the Prime Minister and Council of Ministers on Thursday. The discussion is focused on the country’s latest political developments, the current national situation, and other issues of mutual interest. Lingden is accompanied by RPP […]
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: 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: Since April 2026, a single administrative circular had barred every government body in Nepal, federal, provincial and local, from advertising anywhere except Gorkhapatra, Radio Nepal and Nepal Television. Communications Minister Bikram Timilsina defended it as a fix for commission-skimming by middlemen. Media owners called it financial strangulation of the private press. On July 14, […]
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: Opposition lawmakers on Wednesday intensified their criticism of the government in the House of Representatives (HoR), demanding clarification on Prime Minister Balendra Shah’s remarks regarding the Nepal-India border, questioning the government’s commitment to the rule of law, and raising concerns over deaths linked to the clearance of a landless settlement. Nepali Communist Party lawmaker […]
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