Budget 2024: Rs.12,000 crore allocation likely for next EV incentive scheme

Finance Minister Nirmala Sitharaman is likely to unveil the third phase of an incentive scheme for electric vehicles in the upcoming interim budget. The government could unveil an expanded third phase of the incentive scheme for electric vehicle in...


Budget 2024: India may allot Rs.4 lakh crore for next year’s food, fertilizer subsidies

Interim Budget: India plans to allocate about 4 trillion rupees ($48 billion) for food and fertilizer subsidies in the next fiscal year. The Ministry of Consumer Affairs, Food and Public Distribution estimates the food subsidy bill to be 2.2...


Agreement Between the Nepal Insurance Authority and the TU Department of Finance of the Tertiary Sector

Kathmandu : There is a dispute between Nepal Insurance Authority and Central Economics Department of Tribhuvan University. In this regard, the Chairman of Nepal Authority Surya Prasad Silwal and Head of Prof. Dr. Shiv Raj Adhikari has signed this...


Sanima Reliance’s support to Jajarkot earthquake victims

Kathmandu : Sanima Reliance Life Insurance has helped Jajarkot earthquake victims. The company said that on Wednesday, January 3, relief materials worth Rs. 450,000 have been handed over. The 6.4 rector scale earthquake that hit Ramidanda in Jajarkot on...


The parents gave an insurance policy gift of five lakhs to their son’s on occasion of rice feed ceremony

Kathmandu : A couple from Gulmi has gifted a child insurance policy worth five lakhs to their son’s on the occasion of rice feeding ceremony. In recent times, the practice of giving insurance policies as gifts instead of giving...


Asian Life’s delayed to pay the insurance claim kidney failure Ganga’s dialysis going to stopped

Kathmandu : Asian Life Insurance Company in Maitidevi, Kathmandu has stopped the regular payment, Dalit woman’s kidney dialysis due to delayed to treat from past nine months. Ganga, who has a life insurance with critical care facility in Asian...


IGI Prudential Insurance Company Awarded

Kathmandu : IGI Prudential Insurance Company has been honored. The Independent Power Producers IGI Prudential Insurance Company has honored from the Association (IPPAN). IPPAN honored IGI Prudential Insurance (formerly NB Insurance) as the first insurance company to insure the...


The war in the Middle East has finally spilled over into South Asia, with Iran launching missiles at Pakistan

Kathmandu: The war in the Middle East has expanded further and reached South Asia after Iran launched a missile against terrorists in Pakistan. A while back, Iran launched an airstrike targeting the military camp of a terrorist organization in...


Prabhu Mahalaxmi Life elects Shikshya Bhattachan as Chairman; Commitment to uplift the company

Kathmandu: Shikshya Bhattachan has been elected as the chairman of Prabhu Mahalaxmi Life Insurance. The board of directors meeting on Tuesday, 16th of January, 2024 A.D elected her as the chairman. After the merger of Mahalaxmi Life Insurance and...


Citizen Life’s Two Directors Resigned

Kathmandu : Citizen Life Insurance’s Two directors have resigned. Owner Dawa Footi Sherpa and Abhinav J.W. Rana resigned at once. The company said that they have resigned from the directorship citing personal reasons. The resignation was approved by the...