The Securities Board of Nepal (SEBON) can now issue license to the new capital market players including a new stock exchange, commodity exchange and new share broker companies. The capital market regulator
Melamchi Water Supply Project (MWSP) has become a typical case of Nepal's failed development and flawed project handling. After two and a half deca
Anjan Shrestha, Ram Chandra Sanghai and Umesh Lal Shrestha are contesting the elections vying for the post of the Senior Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), the largest private sector organisation in the country.
Interest rate in Nepal's financial sector soared during the pre-adversity period in the country, including the earthquake in 2015 and the coronavirus pandemic in 2020. The average interest rate on credit was 13.6 per cent in July 2012 a
The new census data has demonstrated a gradual progress in women’s property entitlement, family headship, and involvement in businesses. Of the 6.66 million house
On Friday, an employee of a micro-finance company, said she is thinking to quit the job and find one in some other sector. “Anything can happen to you, anywhere, anytime. I don’t carry my identity card with me anymore,” she said to The Rising Nepal.
The government has introduced National Pashmina Sector Strategy 2022-2026 with a target of more than doubling the export of pashmina products in a five-year period. The strategy aims to achieve the target of exporting pashmina worth US$ 75 million (Rs. 9.75 billion in current exchange rate) by 2026. The strategy is formulated with the supp
Minister for Foreign Affairs, Dr. Bimala Rai Paudyal said that she has discussed with her counterparts of countries from the region prospects of activating the SAARC (South Asian Association for Regional Cooperation) process.
The Deposit and Credit Guarantee Fund (DCGF) raises deposit and loan guarantee fees from all banks and financial institutions (BFIs) but its financial resources are available only to the commercial banks.
With some rare exceptions, these two analogies fit all human relations with the opposite sex. You might have heard about 'platonic love' in which sexual desire is either non-existent or is suppressed but this type of love is limited to fiction and literature, it doesn't happen in human life. Hermits, monks and yogis are being touted for suppressing sexual desire and following the rule of 'Brahmacharya'.
Poor budget allocation in research and development has negatively impacted the innovation and research in the country. While federal budget is very low about 0.3 per cent of the total budget, only 0.011 per cent of the total budget earmarked to the education sector is separated for innovation, experts said at the first National Innovation Conference 2023 organised by the Nepal Academy of Science and Technology (NAST) on Tuesday.
The gap between the government's revenue collection and total expenditure is still significant contrary to the hopes that the half-yearly payment of taxes and other receipts would bridge this gap.
Bisheshwar Yadav, Mayor of Kamala Municipality of Dhanusha district, is in Kathmandu to find ‘political solution’ to the ongoing deadlock at his local body so that the budget could be unveiled for the current Fiscal Year 2022/23. As per the constitutional provision, the local governments should announce their budget for any fiscal year about 21 days before the new season begins on Saun 1 of Nepali calendar that usually falls in mid-July. If the budget is not presented at the respective local assembly and approved thereof, no government can spend a penny for any administrative, development and even welfare activities.
The Embassy of Nepal in Pretoria, South Africa, has issued a travel advisory for Nepali nationals in the wake of the increased cases of human traffickers and manpower agents taking Nepalis illegally to South Africa via various African or Indian cities or leaving them stranded on the way.
The Nepal Rastra Bank (NRB) has amended the ‘Working Capital Loan Guidelines, 2022’ implemented in October last year allowing the creditors, who have obtained the loans above the limits set by the central bank, to clear such loans in a period of two-and-a-half years.