Authority’s manipulation of third party motor insurance policy, allowing micro insurance to bear risk of billions without any supervision

Kathmandu: It has been found that the regulator Nepal Insurance Authority has allowed micro insurance that cannot bear the risk by manipulating the third party motor insurance policy. On 3rd of January, 2024 A.D (18th of Paush, 2080 B.S)...


World Economic Forum Annual Meeting Misinformation can limit the ability to deal with challenges to social polarization

Addressing the annual meeting of the World Economic Forum 2024 in Davos-Klosters, Switzerland, which will run from January 15-19, European Commission President Ursula von der Leyen said that risks such as misinformation and social polarization should create many problems....


Why should we take life insurance? What are it’s benefits ?

Kathmandu: Life insurance is both a type of savings and an investment. A financial instrument that carries risks. Those people who are insured in the insurance company pay the specified amount every year. If those people are at risk,...


Budget 2024: Sitharaman may ramp up efforts to boost consumption demand, rural economy

Budget 2024: Finance Minister Nirmala Sitharaman is set to present her sixth consecutive Budget with the focus on infusing more funds into the public’s hands. Potential adjustments to tax slabs or an increase in standard deductions may be implemented....


What Happens When the Economy Can No Longer Grow ?

What is the goal of the economy? Growth? Full employment? Equity? Price stability? Security? Or, perhaps, to make the top 1% super rich at the cost of everyone else? Well, if it’s that latter, than the economy is doing...


Melamchi drinking water will reach Kathmandu in the next four days

Kathmandu : The water from the Melamchi project. which has been damaged due to floods and landslides, will reach Kathmandu in the next four days. After repairing the blocked area, the water of Melamchi will flow again in Kathmandu...


Govt plans to sell ‘enemy property’ shares in 84 cos; scrips of 20 firms put on block in 1st tranche

The Indian government plans to sell over 2.91 lakh ‘enemy property’ shares in 84 companies to individuals and corporates in tranches as part of its initiative to dispose of assets of individuals who migrated to Pakistan and China. The...


Nepal Rastra Bank, Request to suggestions Nepal Green Finance Taxonomy provision

Kathmandu : Nepal Rastra Bank Requested to  stakeholders to give suggestions about the Nepal Green Finance preparing Taxonomy draft. The Central Bank has prepared this draft in accordance with the provisions in the monetary policy of the current financial...


Discussions with related agencies to solve the seeming problems in cooperatives sectors : Deputy prime minister and home.

Deputy Prime Minister and Home Narayankaji Shrestha has discussed with the relevant agencies to solve the seeming the cooperative sector’s problems risen the cooperatives. In a meeting held at the Ministry of Home Affairs at Singhdarbar on Wednesday, the...


National Life’s Employee Skill Enhancement workshop completed

Kathmandu : With the slogan “Excel and Elevate 2024 A.D. National Life Insurance Company has completed a three-day “Employee Skill Enhancement Workshop” at Hotel Soaltee Westend Resort located in Chitwan. The conference was held under the chairmanship of Suresh...