Nabil bank system assists the state government

June 13, Kathmandu. Nabil Bank has assisted the State Government with the objective of preventing the spread of Corona virus infection and providing assistance for its prevention and control. To purchase PCR machine at the Government Hospital, Virendranagar, Surkhet, under the corporate social responsibility of the bank, Rs. Financial assistance of 2.8 million 25 thousand… Continue reading Nabil bank system assists the state government

Remittances decreased by 67 billion rupees in April

June 13, Kathmandu. Reviewing the monetary policy, Nepal Nation Bank has reported that there has been a sharp decline in remittances. According to NRB, remittances worth Rs 75.48 billion were received in April last year. In the month of April of the previous year (2075 BS), remittance of 143.11 billion rupees was received. As of… Continue reading Remittances decreased by 67 billion rupees in April

Remittances decreased by 67 billion rupees in April

June 13, Kathmandu. Reviewing the monetary policy, Nepal Nation Bank has reported that there has been a sharp decline in remittances. According to NRB, remittances worth Rs 75.48 billion were received in April last year. In the month of April of the previous year (2075 BS), remittance of 143.11 billion rupees was received. As of… Continue reading Remittances decreased by 67 billion rupees in April

18 banks issued bonds worth Rs 52.60 billion

June 13, Kathmandu. Bonds worth Rs 52.60 billion have been issued till the third quarter (mid-April) of the current financial year 2076/77. Nepal Rastra Bank (NRB) said in the quarterly review of monetary policy that 18 commercial banks have issued bonds worth Rs 52.60 billion. In monetary policy, the NRB had arranged that commercial banks… Continue reading 18 banks issued bonds worth Rs 52.60 billion

Construction and Coca-Cola relief 3,200 scavengers in Nepal

June 13, Kathmandu. In Nepal, the Coca-Cola Foundation and Creation have announced a joint cleaner emergency relief project. Safety and relief supplies have been provided to frontline cleaners and their families in the Corona epidemic to protect against the negative effects of COVID-19. The company said that the Coca-Cola Foundation’s initial commitment to fight Coca-19… Continue reading Construction and Coca-Cola relief 3,200 scavengers in Nepal

How to revive small and cottage industries which are burdened with genocide?

My friend Binod Prasad Manali lives in Sydney, Australia. He has a restaurant in Sydney called Aedes Kitchen Compass. Well done business in a short time. Following the Kovid-19 terror, the Australian government declared war and shut down all industries. Manali’s restaurant was also closed. The state government announced a dollar relief, and the central… Continue reading How to revive small and cottage industries which are burdened with genocide?

In lockdown, 42.1 percent of industrial establishments did not pay wages

June 13, Kathmandu. It is seen that 42.10 percent of industrial establishments in the country have not paid any remuneration in Chaitra. According to one study, only 31.57 percent of industrial establishments paid full wages to workers for this period. The government had decided to pay the full salary in April and half of the… Continue reading In lockdown, 42.1 percent of industrial establishments did not pay wages

How can the budget address cumbersome infrastructure projects?

June 13, Kathmandu. Physical infrastructure is called the backbone of the national economy. However, due to not spending the budget allocated for development, the physical infrastructure plan in Nepal has not progressed accordingly. This year, it is clear that the government will not be able to spend even 50 percent on development due to the… Continue reading How can the budget address cumbersome infrastructure projects?

The economic growth rate for the current financial year is 2.3 percent.

June 13, Kathmandu. The economic growth rate for the current financial year is expected to come down to 2.3 percent. Finance Minister Dr. Announcing the Economic Survey Report -2076 / 77 in Parliament, Yuvraj Khatiwada said that the economic growth rate is expected to come down to 2.3 per cent in the current financial year.… Continue reading The economic growth rate for the current financial year is 2.3 percent.

China is bringing alarm for digital currency, US dollar

China wants to introduce a digital yuan called E-RMB in 2022. People moving to China in 2022 may have to purchase or transact new digital currency here. It will be a currency that can neither be seen, nor will it be held in hand like other notes. This is not a fantasy. At a time… Continue reading China is bringing alarm for digital currency, US dollar