In a significant move aimed at promoting financial inclusion and supporting economic growth, the Nepal Rastra Bank (NRB) has announced key revisions to its monetary policy during the third-quarter review for the fiscal year 2023/24. Among the notable changes, the central bank has reduced the risk weightage on vehicle loans and eased the eligibility criteria […]
In a recent announcement, the government of Nepal has unveiled its 16th Five-Year Development Plan, outlining ambitious goals for economic growth and social development. The plan, revealed during a press conference at Singha Durbar, aims to propel the country’s economy forward, targeting a substantial increase in GDP and significant improvements in key indicators. The National […]
President Ramchandra Paudel has revealed an ambitious plan to bolster Nepal’s entrepreneurial landscape in the upcoming fiscal year 2024/25. The government aims to provide subsidized loans to 1,000 young individuals venturing into startup businesses, fostering innovation and economic growth. This announcement was part of the policy and program presentation for the coming year. The initiative […]
The Nepal Stock Exchange (NEPSE) witnessed a significant rise on Sunday, with the index climbing 8.2 points to close at 1974. This upward momentum was fueled by strong investor sentiment and active trading, with a total turnover of Rs. 3.15 billion. During the trading session, 127 companies saw their share prices increase, while 111 companies […]
In Nepal, Banking Industry Leads Women’s Empowerment Efforts, Nepali Women in Finance, Nepali Market Progress, Nepal Women Workforce, Nepal Banking Gender Equality, Nepal Business News, Nepal’s banking sector is paving the way for women’s empowerment despite social challenges in the patriarchal society. A recent report by the International Finance Corporation (IFC) unveils Nepal’s leading role […]
In the latest trading session on Thursday, NEPSE, the Nepali stock market index, saw a modest rise of 5.63 points (0.28 per cent) compared to the previous day, closing at 1966 points. The positive momentum was driven by gains in various sectors, particularly the hotel and tourism group. The market witnessed fluctuations with 115 companies […]
On Wednesday, the Nepal Stock Exchange (NEPSE) experienced a slight downturn, with a decrease of 0.21 points, settling at 1960.60 points. During today’s trading session, a total of 58,74,967 shares were transacted, valued at Rs. 2,054 crores, 70 lakh, and 30 thousand, with trading occurring 41,137 times. A total of 305 companies participated in the […]
In a recent development, a delegation from the Nepal Chamber of Commerce (NCC) convened with Prime Minister Pushpa Kamal Dahal ‘Prachanda’ to address the pressing economic issues gripping the nation. Led by NCC president Kamlesh Kumar Agarwal, the delegation presented recommendations aimed at revitalizing the economy through enhanced coordination between fiscal and monetary policies. According […]
In a recent development, a delegation from the Nepal Chamber of Commerce (NCC) convened with Prime Minister Pushpa Kamal Dahal ‘Prachanda’ to address the pressing economic issues gripping the nation. Led by NCC president Kamlesh Kumar Agarwal, the delegation presented recommendations aimed at revitalizing the economy through enhanced coordination between fiscal and monetary policies. According […]
In a significant trend for Nepal’s economy, the import of cereals has witnessed a notable decline during the first nine months of the fiscal year 2023/24. According to the latest trade data released by the Department of Customs, there has been a substantial decrease both in terms of monetary value and quantity, marking a shift […]