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Nepal Rastra Bank to deposit 10 Arba with various Banks

Nepal Rastra Bank will be depositing Rs 10.15 Arba in fixed deposits of various banks and financial institutions. The central bank will be depositing the amount from Poush 1 till Mangsir 30, 2076 i.e. for 1 year.

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CIAA holds 57 officials for taking Bribes

The  Commission for the Investigation of Abuse of Authority has recently dealt with all the complaints they've received in the first quarter of fiscal 2018-2019. The Investigative body reported that they solved almost 4000 complaints. This is a success rate of 29%. The CIAA has been stepping their game up, using newer methods to combat the corruption in Nepal. 

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Trump and Xi Jinping declare trade truce at G20 Summit

Donald Trump has delayed for 90 days his threatened imposition of 25% tariffs on Chinese imports after a dinner meeting with Xi Jinping, to give time for negotiations on longstanding trade disputes between the two countries, the White House has said.

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Government Honors Ghorahi Cement Industry For Most Tax Paid

Ghorahi Cement Industry, one of the most recently famous industry, has been honored by the government. The government of Nepal has honored Ghorahi Cement Industry for being the most consistent taxpaying companies in the country. Ghorahi Cement Industry was honored by the Nepali government during the Seventh National Tax Day, which was on 1st Mangsir . 

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Pharmaceutical Companies in Nepal suffering from Government Policies

Pharmaceutical companies have come forward with a problem that they are facing regarding a government policy. The government has been importing pharmaceutical products in a larger amount than the national production. This is hindering the pharmacies abilities to supply medicine as per demand.  Dipak Prasad Dahal, Central Chair of Association of Pharmaceutical Producers of Nepal says, 

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Nepal Airlines Corporation on the road to bankruptcy

Nepal Airlines Corporation, which was on a mission to regain popularity among travelers, has revealed that they're on the edge of bankruptcy.  The corporation released a statement that shows their monthly cash deficit has reached Rs. 217.79 million since inducting the first of two long-range Airbus A330s into its fleet. 

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Bankers Indemnity Insurance in Nepal with Siddhartha Insurance

Banker's Indemnity Insurance. This insurance provides comprehensive insurance coverage from one single insurance policy to the institutions, which have ...

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Gold prices going down in Nepali and International market

The US dollar is going up significantly in the international market. With this, the price of gold is decreasing.  The total price of gold has gone down by a whopping 200 NRs. It's a big amount since it's global. The price, of course, applies to a tola of gold.

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World Bank says Nepals' GDP To Grow 6%

The economic growth rate of Nepal has been quite up there. However, due to the Terai floods, the target economic growth rate has been hampered by a small figure.  Nepal’s economy is expected to mark a growth rate of 6 percent in the current financial year, as strong growth is foreseen particularly in the agriculture and tourism sectors...

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China: Robots to Manufacture More Robots

Robots will make robots at a new ABB factory in China, which the Swiss engineering group said on Saturday it plans to build for $150 million in Shanghai as it defends its place as the country’s largest maker of industrial robots.

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Microsoft now most Valuable US Company, Amazon Takes A Fall

Microsoft Corp regained its spot as the second most valuable U.S. company on Friday after a disappointing quarterly report from Amazon.com wiped $65 billion off the online retailer’s market capitalization. Apple Inc tops the list at over $1 trillion after crossing that threshold in September.

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Minister Yadav addresses LDCs Ministerial and Business Executive Roundtable

Minister for Industry, Commerce and Supplies Matrika Prasad Yadav addressed the LDCs Ministerial and Business Executive Roundtable in Geneva on 24 October and shared the latest strategies and measures taken by the government for creating conducive environment for foreign investment in Nepal. The Minister highlighted that Nepal’s political stability after the formation of a two-thirds majority government

by RSS | Oct 25
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Fake Currency Still Circulating in Nepal

Fake currency is still being used in the country. And the police are very strict about the matter. 5 people with fake notes worth 370,000 NRs have been arrested from Kirtipur.  The scammers were arrested yesterday. They are Indra Bahadur Shrestha, 27, and Raj Shrestha, 28, of Parsa; Narayan Shrestha, 25, of Gorkha; Sahil Thapa Managar, 25, of Makwanpur...

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East-West Highway Being Supported by Asian Development Bank Via Loans

Asian Development Bank (ADB) has approved a loan of $180 million to support Nepal's East-West Highway.  The highway is Nepal's most important trade route. Johan Georget, a transport specialist expressed some thoughts on the matter saying...

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Gorahi Cement Industry: Making Construction Better in Nepal

Ghorahi Cement Industry Private Limited is a subsidiary of Triveni Group in partnership with Vishal Group and acts as a sister concern to its other cement...

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Trump advises Apple to avoid china tariffs

U.S. President Trump tweeted on Saturday that Apple Inc should make products inside the United States if it wants to avoid tariffs on Chinese imports. The company told trade officials in a letter on Friday that the proposed tariffs would affect prices for a “wide range” of Apple products, including its Watch, but it did not mention the iPhone.

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Toyota invests $500 Million in driverless cars with Uber

Toyota will pump about $500 million into ride-share firm Uber as part of a deal to work together on mass-producing self-driving vehicles, the Japanese car giant said. The deal, which reportedly values Uber at about $72 billion, aims at "advancing and bringing to market autonomous ride-sharing as a mobility service at scale", Toyota said in a statement.

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Anupama Kunjeli: Her Story So Far as First Female CEO

Anupama Kunjeli, the first female CEO of Nepal, is the CEO of Mega Bank. Anupama is a leading icon in the business sector and she is a great role model for women all over Nepal.  She has been working with Mega Bank since its establishment.

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Tripureshwor's Eye Hospital And Prabhu Bank Conduct Eye Check-Up Camps

Prabhu Bank Limited has signed an agreement to jointly conduct eye check-ups in camps all over the country.  Tripureshwor's well-known eye hospital will be working with Prabhu Bank in the camps. Ashok Sherchan, CEO of Prabhu Bank, and Daman Bahadur Ghale, CEO of Nepal Eye Hospital, signed the agreement on behalf of their respective organizations amid an event on Wednesday.

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ShareSansar Pro: ShareSansar Providing Amazing Features With Subscription-Based System

ShareSansar Pro, or SS Pro, is a feature that has recently been released for the Share Sansar website. The SS Pro is a subscription-based system that will give you tons of benefits for subscribing.  Share Sansar itself is Nepal's most popular online platform in the Share Market.