Economy

Energy Minister Asks Ambassador Paudyal To Arrange Cooperation With China In Energy

Minister for Energy, Water Resources and Irrigation Barshaman Pun has urged Nepal’s Ambassador to China Leela Mani Paudyal to make necessary arrangements for every levels of cooperation between Nepal and China in the field of energy.

By NEW SPOTLIGHT ONLINE May 21, 2018

14 Banks Sign Pact To Expand Rural Access

Fourteen commercial banks of the country have joined hands with Sakchyam, an access to finance initiative of UKaid, to establish 57 new branches in rural municipalities of Karnali Province and Province Number 5 and 7.

By NEW SPOTLIGHT ONLINE May 20, 2018

Finance Ministry Vows To Facilitate Banks To Open Branches In Local Units

A senior official at the Ministry of Finance has said that the government was ready to facilitate banking institutions to open their branch offices in all local units of the country.

By NEW SPOTLIGHT ONLINE May 18, 2018

Lending Institutions For SMEs On Cards

To cater to the credit demand of small and medium enterprises (SMEs), the government is preparing to announce separate lending institutions through the next fiscal budget

By NEW SPOTLIGHT ONLINE May 16, 2018

Rs 180.74m Indian Aid For River Training

Ambassador of India to Nepal Manjeev Singh Puri handed over a cheque of NRs. 180.74 million to Dr. Sanjay Sharma

By NEW SPOTLIGHT ONLINE May 15, 2018

24 Million Jobs To Open Up In The Green Economy

ILO report estimates job losses and job creation as the world moves to a greener economy.

By NEW SPOTLIGHT ONLINE May 14, 2018

Finance Minister Assures Of Pro-Socialist Budget

Finance Minister Yubaraj Khatiwada has said that preparations are underway to introduce socialism-oriented budget as per the spirit of the constitution.

By NEW SPOTLIGHT ONLINE May 14, 2018

Binod Chaudhary Address In The Parliament On Pre-Budget Discussion Session

Member of Parliament from the Nepali Congress as well as the only billionaire of Nepal, Binod Chaudhary, has drawn the attention of the government to promote investment for the economic prosperity of the nation.

By NEW SPOTLIGHT ONLINE May 14, 2018

Mega Bank, With Tourism Development Bank Complete Merger

Mega Bank and Tourism Development Bank have successfully completed their merger process and started their joint operation on Sunday.

By NEW SPOTLIGHT ONLINE May 14, 2018

Public Deposit Should Be Secured: Governor Nepal

Nepal Rastra Bank Governor Chiranjibi Nepal has said that the NRB was committed to ensuring the security of public deposits in Banks and financial institutions.

By NEW SPOTLIGHT ONLINE May 13, 2018

Modi Announces IRs 1b Grant For Janakpur

In his 45-minute speech after receiving civic reception extended to him by Janakpur Sub-metropolitan city, Modi repeatedly reinforced the cultural and religious ties existing between Nepal and India.

By NEW SPOTLIGHT ONLINE May 12, 2018

Nabil Bank Opens Four New Branch Offices

Nabil Bank has opened branch offices in four different locations of the country.

By NEW SPOTLIGHT ONLINE May 11, 2018

World Bank To Provide 266 Mil USD Concessional Loan To Nepal

At a programme organised at Finance Ministry on Thursday, Country Director of the World Bank, Qimiao Fan, and Secretary at the Ministry of Finance, Rajan Khanal, signed the agreement to that effect.

By NEW SPOTLIGHT ONLINE May 11, 2018

National Assembly Starts Pre-Budget Discussions

Finance Minister Yubaraj Khatiwada had presented a proposal in the NA meeting on Wednesday seeking discussions on the Bill.

By NEW SPOTLIGHT ONLINE May 10, 2018

FM Sets Out Budget Priorities

“The election manifesto of the left-alliance that was endorsed by the people in the election as well as the policy and institutional reform decisions taken by the government formed after the election would be the basis of the new budget,” said Finance Minister Khatiwada.

By NEW SPOTLIGHT ONLINE May 10, 2018

Pre-Budget Discussion Begins Today

Finance Minister Yuba Raj Khatiwada will address the Parliament on budgetary theories and priorities tomorrow.

By NEW SPOTLIGHT ONLINE May 09, 2018

Government Will Build Budhigandaki On Its Own: Energy Minister

Minister for Energy, Water Resources and Irrigation Barsha Man Pun has said that the government will build the 1200 MW Budhigandaki Hydropower Project on its own and the tender process for the project will begin from next fiscal year.

By NEW SPOTLIGHT ONLINE May 09, 2018

Industrialists Reiterate Demand For Subsidy, Incentives

Business leaders have reiterated their demands for more subsidies, incentives and facilities in the budget for the upcoming Fiscal Year 2018/19. Such demands feature predominantly in the suggestions made by the private sector leaders during a pre-budget interaction program organized by the Nepal Rastra Bank (NRB) in Kathmandu on Monday.

By NEW SPOTLIGHT ONLINE May 08, 2018