Reject all MCC Transmission Line Contracts, Indian Contractors are too Expensive

Kathmandu: All the contracts of the transmission line project under the Millennium Challenge Corporation (MCC) of American support have been cancelled. Millennium Challenge Account (MCA) Nepal issued a notice on Friday and informed that all these contracts have been...


Life insurance Companies Collected 22 Million Rupees from Term of Insurance 

Kathmandu : In the two months of the current financial year 2022/023, life insurance companies have managed to earn insurance premiums worth 219.6 million 66 thousand rupees from term of life insurance policies.According to the financial statement published by...


The Total Investment of Insurance Companies is over 6 Trillion 27 Billion, Nearly 4 Trillion Rupees reached

Two years ago purchased an insurance policy under AMB plan worth 20 lakhs and equivalent from the Salyan branch of Same Union Life Insurance Company Limited. The insured’s the company paid the claim within 11 days of submitting all...


Governor Adhikari who Destroyed the Stock Market

Kathmandu : On the third day of the week on Tuesday, the stock market index reached 1800. Investors pointed at Central Bank and said, “It is Central Bank Governor Mahaprasad Adhikari who destroyed the capital market.” In the eyes of...


Finance Minister Dr.Mahat and IFC Vice President Discussion about Investment In Nepal

Kathmandu: Regional Vice President of International Finance Corporation (IFC) Ricardo Puliti met with Finance Minister Dr. Prakasharan Mahat. In that meeting, there was an in-depth discussion about increasing private investment and external capital mobilization for the economic development of...


Ten Nepalese Killed in Palestine’s Hamas and Israel soldier conflict

Kathmandu. It has been confirmed that at least 10 Nepalese have died in the attack on Israel by the Palestinian radical group Hamas. Three people were injured. Hamas launched a major attack on Israel on Saturday, the day after...


Chech Dishonor Punishment Bill Register in Parliament house

A bill to amend the Banking Offenses and Punishment Act, 2064 has been registered in Parliament. Finance Minister Prakash sharan Mahat registered the bill in the House of Representatives.It is said that this bill has been introduced to make...


Nine Nepalis Injured in Attack by Hamas Rebels in Israel

The Ministry of Foreign Affairs has informed that 9 Nepalse were injured in the attack by Hamas rebels in Israel on Saturday morning. The Ministry has informed that the condition of two of the injured is serious. According to...


The Private Sector said-‘Central Bank did not Listen to the Demand for Re-loan, about 1 Trillion of Re-loan Necessary’

Kathmandu : Even though Nepal Central Bank has increased the capital of share mortgage loan and loan to value in real estate loan, the demand related to re-loaning has not been met. Although the National Bank seems to have...


Finance Minister Dr. Mahat said that the Economy has not Damaged as was Rumored in the Market

Kathmandu : Finance Minister Dr. Prakash Sharan Mahat has said that the economy has not become a damaged as was rumored in the market. He arrived in Chitwan and told to reporters at Bharatpur Airport, that the government is...