The first Quarterly Review of Monetary Policy, Due Next Week, Was Delayed as Revisions were made

Kathmandu. Central Bank is going to conduct the first quarter review of monetary policy next week only. There has been some delay in the review due to the festive season at the time of reviewing the monetary policy. The...


US Warns of Growing Threats to Ships Sailing Through Red Sea

A spate of attacks on merchant shipping near Yemen and Somalia, likely triggered by the war in Gaza, have prompted the US to warn vessel operators to be extra careful when navigating the region. On Nov. 19, Houthis seized...


Yemen’s Houthis Leader Says Group Will Target Israeli Ships in Red Sea

Yemen’s Houthi leader said on Tuesday his forces would make further attacks on Israel and they could target Israeli ships in the Red Sea and the Bab al-Mandeb Strait. The Iran-aligned group made several missile and drone attacks against...


Record breaking remittance Inflow in Nepal, Due to which Foreign Reserve of Nepal has Seen Going up but Youths in Nepal Going Down, One Question: Is it a Good News or Bad one?

Kathmandu :  Nepal experienced the record breaking inflow of remittance this year especially last month i.e. Mid of October. May it is due to the festival reason but the record has been marked as if for now. In the...


Zurich Enters Indian General Insurance Market with Kotak Mahindra Bank

-Zurich to enter the Indian insurance market through the acquisition of a 51% stake in India’s Kotak Mahindra General Insurance. -Zurich’s global scale and expertise combined with Kotak Mahindra Group’s deep India knowledge and leading financial services platform to...


We could not Make Underwriting Better, the Trend of only Looking at Money is Repeating – Chairman Surya Prasad Silwal

Kathmandu :  Chairman of Nepal Insurance Authority Surya Prasad Silwal has complained to the insurance companies that underwriting has not been improved in the Nepali insurance sector.  In the program organized in Kathmandu on 17th of November, 2023 A.D,...


The Anniversary of Shikhar Insurance was Completed with Grandeur 

Kathmandu : The anniversary of Shikhar Insurance was completed with grandeur the company which was established with a paid-up capital of 100 million, now exceeded above 2.5 billion. Shikhar Insurance has crossed 19 years of establishment and entered the...


Bank of England Sets Out Reform of Insurance Capital Rules to Boost Investment

Britain set out plans on Thursday to ease key banking and insurance rules in the latest attempt to boost its vital financial sector following the country’s departure from the European Union. Brexit has cut off Britain’s finance industry, which...


Three Billion 64 Million Insurance Policy Surrendered in the First Quarter

Kathmandu : Insurance policies worth three and a half billion rupees have been surrendered during the first quarter. According to the Nepal Insurance Authority since last July 29,120 insured persons have surrendered policies worth three billion 648.2 million rupees....


After 6 Years, a Meeting Between Xi and Biden, Chinese President’s Suggestion to Biden not lift Taiwan issue

Kathmandu : A meeting between Chinese President Xi Jinping and US President Joe Biden, who arrived in the US after 6 years amid many disagreements and controversies, has taken place. During the Asia-Pacific Economic Cooperation (APEC) summit held in...