Monthly Archives: April 2014
New Delhi: Violence against women in politics is rampant in South Asia according to a recent study. The study ‘Violence against Women in Politics’, conducted by Centre for Social Research and UN Women revealed that the insufficient implementation of laws,
India has agreed to open Raxaul customs for 12 hours and recruit an assistant commissioner at Panitanki customs office to facilitate movement of cargo to and fro Nepal. Currently, shipments are cleared through customs only on five days of the
Canada’s International Development Research Centre (IDRC) and the UK’s Department for International Development (DfID) announced today the Asian institutions that would be part of four new multi-partner research consortia for tackling the impacts of climate change in Africa and Asia.
Finance Minister Dr Ram Sharan Mahat has asked the contractors to improve their capacity to international standards as the government is planning more mega projects. Addressing six secretaries – related to development – and private sector here today, he said
Nepal Tourism Board (NTB) today formally postponed National Tourism Fair scheduled for May 2 bowing to the demands of Joint Tourism Coordination Committee (JTCC). The JTCC – a forum of 19 travel trade associations – has today organised a sit-in
Saudi Arabia is not interested in signing a labour agreement with Nepal. The agreement was aimed at protecting the interest of Nepali workers in the Gulf country, according to labour secretary Suresh Man Shrestha. The government had proposed Saudi Arabia
Though the average economic growth rate has not crossed four per cent in the last one decade, per capita income of a Nepali has been continuously increasing. Average income of a Nepali is expected to grow by 13.77 per cent
ICRA Nepal is going to evaluate credit worthiness of borrowers from financial institutions to gauge their repayment capacity. Currently, financial institutions themselves appraise borrowers on the basis of financials submitted while applying for the loans to approve it by them.
Nepal Telecom is planning to expand its services including 3G and WiFi services across the country, apart from starting a new Information technology Company as its subsidiary to work on development of software and local internet contents to diversify investment.
Prime Minister Sushil Koirala directed the secretaries to complete the national Pride Projects on time. Addressing the evaluation meeting of progress on National Pride Projects, he asked the projects chieves and the secretaries of the concerned ministries to expedite the
The central bank is adopting a zero tolerance policy against financial crime. Addressing a programme organised by Nepal Rastra Bank Employees’ Association to mark its silver jubilee, central bank governor Dr Yubaraj Khatiwada said today that the central bank has
Nepal Stock Exchange (Nepse) has fixed the threshold for transaction of promoters’ share of insurance companies. The front line regulator today notified all the listed life and non-life insurance companies that it will control possible evasion of capital gains tax,
Finance Minister Ram Sharan Mahat said that second tier reforms have become necessary to help achieve higher economic growth and lead the country to prosperity. “Since the peace process has largely completed and only constitution making is remaining, it’s high
Nepal Stock Exchange (Nepse) proposed temporary listing of companies before a permanent listing. According to a draft Listing Bylaws, Nepse can allow companies to be listed for the maximum period of two years, if they fulfil listing criterion. The companies
After a long wait the China-made aircraft of the national flag carrier finally landed at Tribhuvan International Airport (TIA) in Kathmandu today afternoon. The 58-seater MA60 aircraft is the first new aircraft to be added to Nepal Airlines Corporation fleet
The central bank has said that uncompetitive market practice has forced Nepal Rastra Bank to step in the market and fix spread rate. The central bank has asked the commercial banks to bring down their spread rate to below five