Prime Minister KP Sharma Oli has expressed belief that the Hilton Hotel come into operation on Friday would help attract foreign tourists in Nepal.
The Nepal Rastra Bank (NRB) has unveiled a monetary policy for the current fiscal year with a target of encouraging microfinance institutions to merge. The monetary policy has a priority of protecting clients' interests and addressing the complaints regarding the service of such institutions.
Nepal Rastra Bank (NRB) has unveiled the Monetary Policy for Fiscal Year 2024/25 today. Through this policy, the central bank of the country has slashed the bank rate and the deposit collection rate. "The upper limit of the bank rate in the interest rate corridor has been maintained at 6.5 per cent from 7 per cent and the policy rate has been fixed at 5 per cent from 5.5 per cent," said the NRB Governor Maha Prasad Adhikari, while unveiling the Policy.
The monetary policy 2024/25 has lifted the limit of the existing foreign currency exchange facility to USD 50,000 from the previous USD 35000.
Victims of the Jajarkot earthquake have drawn the attention of Prime Minister KP Sharma Oli that they have not yet received grant money for temporary housing.
Nepal Rastra Bank (NRB) has decrease the policy rates to 5 per cent from previous 5.5 per cent. .
According to Nepal Police's Spokesperson DIG Dan Bahadur Karki, the Police Headquarters awarded them for taking a risk and rescuing pilot Manish Ratna Shakya alive from such a dangerous situation.
Nepal Rastra Bank (NRB) unveiled the monetary policy 2024/25 on Friday.
Drivers of two trucks died after the vehicles from the opposite directions collided head on this morning. The accident occurred this morning at Bhateri along the Narayanghat-Mugling road section.
The Mayor of Kirtipur Municipality, Raj Kumar Nakarmi, passed away last night. Nakarmi, a kidney patient, died while receiving treatment at Bir Hospital, Kathmandu.
As many as 134 people lost their lives as of Thursday due to disaster-related incidents, including floods and landslides since June 10.
The monsoon is generally cloudy throughout the country due to the influence of monsoon wind at present with the low-pressure line of monsoon located around the normal place, the Department of Hydrology and Meteorology said.