Government debt has Exceeded 23 Billion, Interest Payments on Debt are 3 Times More than Capital Expenditure

Kathmandu : Government debt has exceeded 23 trillion 54 billion rupees. According to the information given by the Public Debt Management Office, the debt of the government has reached 23 trillion 54 billion 59 billion 92 million rupees by...


Finance Minister Mahat Urges British Businessmen to Invest Confidently in Nepal

Kathmandu: Finance Minister Dr. Prakasharan Mahat has asked for investment in Nepal’s renewable energy on behalf of the UK. Finance Minister Mahat made this request during a meeting between Baroness Penn, the Lords Minister of the Treasury of the...


United AJOD conducts Agricultural Livestock and Herbs Insurance Agent Exam

Kathmandu : United AJOD Insurance Company Limited is going to conduct the Agricultural Livestock and Herbs Insurance Agent Exam. The company has said that people who have received training in livestock and herbal insurance from Same United Insurance and...


Federation President Dhakal Urges non-Resident Nepalese to Increase Investment in Nepal

Kathmandu : Chandra Prasad Dhakal, President of the Federation of Nepal Chamber of Commerce and Industry, has urged the non-resident Nepalese in the UK to increase investment as there are abundant investment opportunities in Nepal. Addressing the program organized...


Eighth Branch of Guardian Micro Life in Ghorahi

Kathmandu : Guardian Micro Life has expanded its eighth branch. The company has inaugurated its eighth branch office in Ghorahi, Dang. Ghorahi sub-metropolitan chief Narulal Chaudhary cut the ribbon and inaugurated the branch. On that occasion, Chowdhury said that...


A 21-Day Ultimatum to ‘Prabhu Pay’ to pay the Insurance Premium Collected from the Insured two Years Ago

Kathmandu: Prabhu Mahalaxmi Life Insurance Limited has given Prabhu Technologies Pvt Ltd (Prabhu Pay) a last chance to pay the remaining insurance premiums to the insured. Prabhu Mahalaxmi issued a public notice and gave an ultimatum of 21 days....


The Central Bank will Invest 17.67 Million Rupees in Interest

Kathmandu : Central Bank is going to invest Rs 17.67 million in interest in its various funds. The central bank is going to keep the amount as deposit for a total of 365 days from 4th November 2023 to...


National Life Provided Financial Support to Schools Damaged by the Earthquake

Kathmandu :The National Life Insurance Company has provided financial support for the reconstruction of the library of Shri Bal Bikas Secondary School located in Jaya Prithvi Municipality 4, Bajhang, which was damaged by the earthquake that occurred on October...


Discount Facility on Himalayan Life’s Renewal Period cut Personal Insurance Articles

Himalayan Life Insurance Limited has introduced a discount facility. The company has introduced a discount facility on late fee (interest penalty) on lapsed (renewal period cut) insurance articles. Insurance articles that have been insured on different dates from the...


Without Going Public, Micro Insurance Companies have Invested Around 2 Billion Rupees

Kathmandu : Micro Insurance Companies have invested nearly 2 billion rupees without distributing any investment shares for public. Four small insurance companies that are currently operating have invested 1.95 billion rupees in the financial year 2079-80 B.S (2023 A.D)....