Impact of economic recession: 9000 insurance policies were surrendered by the insured, Rs 1 billion was withdrawn from the life insurance company

Kathmandu : About 9500 insured have surrendered their insurance policies from life insurance companies. The impact of the economic downturn has also been seen in the insurance sector. In the month of December/January (Mangsir month) alone, 9,744 people have...


Authority is preparing Preliminary Draft to introduce Separate Insurance Scheme for Doctors

Kathmandu : For the first time in Nepal, Nepal Insurance Authority, the regulatory body of insurance companies, is going to introduce an insurance scheme for doctors working in the medical field. The insurance authority is about to bring this...


Reliable Nepal has paid insurance claims above 10 Million Rupees

Kathmandu: Reliable Nepal Life insurance has paid more than 1 million insurance claims. The company has paid the life insurance claim amount of 11 million 400 thousand rupees to the dependent family of the insured. According to the company,...


Professional Insurance Agent Association’s LIC Nepal-Bhairahawa branch has formed a new committee

Kathmandu : Professional Insurance Agent Association’s LIC Nepal-Bhairahawa branch has formed a new committee.  Bhupendra Chand Yadav has been elected to the post of  Chairman of  the newly formed committee unanimously. A new working committee was elected under the...


Yet to finalize mechanism for regulating crypto currencies: Centre to SC

The Centre has informed the Supreme Court that it is yet to decide on a mechanism to regulate crypto currencies and investigate related offences. Additional Solicitor General Vikramjit Banerjee stated that the government is deliberating on the regulation of...


The Ministry of Energy is making the hotline service more effective

Kathmandu : Do you have any complaint about the service provided by Nepal Electricity Authority? Did the electricity go off without notice in your area or did you have a problem with the pole? If the authority’s employees give...


Finance Minister Mahat’s direction to speed up the preparation of the investment conference

Kathmandu : Finance Minister Dr. Prakash Sharan Mahat has instructed to speed up the preparations for the third investment conference to be held in Kathmandu on April 28 and 29 of 2024 A.D (16th and 17th of Baisakh, 2081...


Budget 2024: Rs.12,000 crore allocation likely for next EV incentive scheme

Finance Minister Nirmala Sitharaman is likely to unveil the third phase of an incentive scheme for electric vehicles in the upcoming interim budget. The government could unveil an expanded third phase of the incentive scheme for electric vehicle in...


86 years old Mr.Murray from Australia enjoying in Lele Latitpur

Kathmandu; 86 years old Mr. Stuart Murray from Melbourne, Australia came to Nepal for the second time. He has come to Nepal after 8 years. Nearly nine decades he spent in Australia, he is in Nepal and want to...


Budget 2024: India may allot Rs.4 lakh crore for next year’s food, fertilizer subsidies

Interim Budget: India plans to allocate about 4 trillion rupees ($48 billion) for food and fertilizer subsidies in the next fiscal year. The Ministry of Consumer Affairs, Food and Public Distribution estimates the food subsidy bill to be 2.2...