Dhaka — Bangladesh has approved the first phase of the $2.8 billion Barrage project to be built in a Padma river to tackle dry-season water shortages and rising salinity near the country’s southwest border. The project is expected to...

New Delhi — Tata Electronics is probing a cybersecurity breach after a ransomware-linked group allegedly published a vast cache of internal company data, including documents purportedly connected to key clients Apple and Tesla. The company confirmed that it recently...

Kathmandu – Nepal has once again come under heightened international financial scrutiny. The Financial Action Task Force (FATF), the global intergovernmental body responsible for setting standards to combat money laundering and terrorist financing, has decided to keep Nepal on...

Kathmandu – IME Life Insurance Company Limited has received an upgraded credit rating. CARE Ratings Nepal Limited has raised the company’s issuer rating from ‘BBB+’ to ‘A-’, indicating that the insurer is considered adequately safe in meeting its financial...

Kathmandu: Sanima Reliance Life Insurance Limited has been honored with the “Corporate Life Insurance of the Year 2026” award at the 18th Corporate Business Awards 2026. Organized by Corporate Media Group, the 18th edition of the Corporate Business Summit...

Kathmandu — The Asian Development Bank (ADB) has approved a concessional loan of $115 million to improve drinking water supply, sanitation services, and climate resilience in rapidly urbanizing municipalities across Nepal. The financing will be utilized under the Integrated Water...

Kathmandu — Nepal’s non-life insurance companies have continued to strengthen their financial buffers against large-scale disasters, with the combined balance of catastrophe funds maintained by 14 insurers rising to more than NPR 2.20 billion by the May of FY...

Kathmandu — Nepal Rastra Bank (NRB) has issued a new Regulatory Sandbox Directive, allowing innovative financial products and services to be tested in a controlled environment with the aim of promoting innovation in the financial sector. The central bank...

Kathmandu — The insurance sector provides a stark example of how extensive political interference has weakened Nepal’s financial institutions. Investigations into alleged misconduct by former Insurance Authority Chairman Surya Prasad Silwal, widely criticized by some as one of the...

KATHMANDU — The Embassy of Pakistan in Kathmandu honored more than 200 outstanding Nepali students during the 14th Annual Ambassador of Pakistan Scholarship Ceremony held at Aloft Hotel on Wednesday. The event brought together students, teachers, parents, and representatives from...