The IMF reclassified India’s exchange rate regime to “stabilized arrangement” from “floating” due to likely interventions by the Reserve Bank of India, noted in an Article IV review. The IMF disagreed with India’s perspective, emphasizing the need for a...

Kathmandu : The Nepal Reinsurance Company’s business worth billions has been stopped because the country credit rating file of the Nepal Insurance Authority is stuck in the insurance authority. Shankar Kumar Rayamajhi the current CEO of the company has...

Kathmandu : Sagarmatha Lumbini Insurance Company Limited has now become the founder shareholder of Himalayan Bank. The company became a shareholder after purchasing the bank’s founder shares. Earlier, Sagarmatha Lumbini bought 141 thousand 116 shares in the name of...

Kathmandu: SuryaJyoti Life has been selling and distributing child insurance policy under the condition that it insures children but does not bear the risk fully. After Beemapost published the news about SuryaJyoti Life fraud, there is a heated debate...

Kathmandu: In the banking business of National Commercial Bank, significant progress has been made in technology-based digital business on filing system which started on 10th January 2022 A.D. Among the commercial banks of Nepal, the government bank National Commercial...

Kathmandu: Life insurance companies are running their business through term life insurance policies mandated by the government. Currently operating life insurance companies have sold the highest number of term insurance policies in the month of October/November. This insurance policy...

Kathmandu: National Life Insurance Company has paid the death claim to the family of Govinda B.K of Rukum. The Rukum West branch of the company has given a cheque of 119 thousand 593 rupees to the family of Govinda...

Kathmandu : NMB Bank has made an agreement with the Hetauda Water Management Board and now the customers of NMB Bank can pay the Hetaunda water supply fee online without any hassle using the mobile banking app. Mina Kumari...

Kathmandu : The electricity supply was cut off after Sarbottam cement, which was about to issue an IPO in Book Building, did not pay Rs.830 million to Nepal Electricity Authority. This company has been accused of providing bribe to...

Secretary-General of the United Nations Antonio Guterres speaks to the press after Security Council adopted resolution on Gaza humanitarian aid at UN Headquarters. Bianca Otero/ZUMA Press Wire/dpa UN Secretary General António Guterres has paid tribute to the United Nations...