Corporate Finance

Ramesh Akhtar, the home minister, has declared that he will stop at nothing to achieve the goal of raising revenue.

Home Minister Ramesh Akhtar pledged to raise revenue as per target, stating in a meeting with the Central Revenue Leakage Control Committee, he will work diligently to collect revenue.

Which one of Kumari Capital's four mutual funds saw an increase in NAV and profit?

Kumari Collective Investment Fund's four mutual funds' net asset value (NAV) and profits have both increased in line with the stock market's rise.

Income in Bagmati Province meeting targets; collection of less than 9 billion

Bagmati Province's revenue collection in FY 2080-2081 was nine billion rupees below the target, according to the Ministry of Economic Affairs and Planning.

After 130 aircraft fatalities, the government decides it's imperative to draft an insurance bill.

There have been six fatal collisions since 2019. A $100,000 per victim suggested relief is denied to their families.

Economic reforms should proceed more quickly now that the market is functioning and economic activity has improved

Chandra Prasad Dhakal, President of the Federation of Nepal Chamber of Commerce and Industry, has requested to capitalize on the market's resurgence due to the improving economy.

Projects faced a roadblock when the IPO failed: Karki, the Chairman

IPPAN Chairman Ganesh Karki announced that over 30 projects have been shelved for an IPO in the last 14 months.

For Nepal to reach the long-term development target, 25 trillion are needed.

Deputy Prime Minister Bishnu Paudel highlighted the lack of investment in developing countries, urging cooperation with the government, private sector, and development partners to gather resources.

59 industries committed 8.5 billion dollars in foreign investment in July.

59 foreign companies have been granted permission for industry registration in Nepal in the first month of the fiscal year 2081-82.

196 local level partial and 539 local level full electrification

Nepal's 753 local levels have 539 fully electrified and 196 partially electrified, with 18 levels unable to supply national broadcasting due to small hydropower and solar energy consumption.

Increasing state debt makes it more difficult to raise funds for development: Minister of Finance Paudel

Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel argues that rising public debt loads in emerging countries and dwindling internal income capability hinder growth fund raising.

Kailali exports animal goods worth 8.66 billion annually.

Kailali exports 8 billion 66 million worth of livestock and animal goods annually, including goats, buffaloes, and other livestock to Kathmandu, Karnali, and Gandaki province.

Nepal is projected to require an annual budget of 30 billion for sustainable development.

The Covid pandemic has led to a global increase in the required capital resources for sustainable development goals.

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