Corporate Finance
Seed imports of almost two billion
Nepal imported agricultural seeds worth 2 billion 15 million rupees monthly in the current fiscal year 2081/82, according to the customs department.
Investment of Rs 95 crore over eight years for the New City Project
Dumre Customs, a new city project in Bhanu Municipality-1, has invested over Rs 95 crore in various schemes from 2072/73 to last year.
overall decrease in deposit collection and credit investment
Nepal Rastra Bank reports a decline in deposit collection and slow loan disbursement due to a lack of demand, causing customers to struggle to access loans.
Greater investment from the private sector: Eight of the twenty banks' operations decreased
In the first quarter of the current fiscal year 2021–2022, specifically in July, eight of the twenty commercial banks have experienced a decline in activity.
Crest Micro Life has two B ratings, and the IPO will issue 2.25 lakh shares.
The company has been given an ICRA Double B (IcraNP-IR) BB rating by Icra Nepal, indicating moderate safety in meeting its financial obligations.
The Ministry of Finance has agreed to provide a Rs 60 crore loan to the Dairy Development Corporation.
The Ministry of Finance has agreed to provide a Rs 60 crore loan to the Dairy Development Corporation, subject to conditions, following a proposal from Agriculture Minister Ramnath Adhikari.
Retail payment switch transactions have grown significantly, with over 5 billion transactions occurring each month.
The Retail Payment Switch (RPS), which is being deployed under the National Payment Switch (NPS), has seen a notable increase in payment transactions.
Molasses exported to Bangladesh for Rs 150 million using the Kakadbhitta transit
In Fiscal Year 2023/24, molasses worth Rs 149 million and 369 thousand was exported to Bangladesh via the Kakadbhitta transit point in Koshi province.
Government prepared for constructive economic intervention: DPM Paudel
Bishnu Paudel, the Finance Minister and Deputy Prime Minister, has expressed the government's readiness to implement tangible changes to boost economic growth.
The cooperation committee spoke with Minister Gupta and decided to take action if the necessary information was not provided within five days.
The Parliamentary Inquiry Special Committee met with Ministry officials, including Rajkumar Gupta, to discuss the misappropriation of cooperative society savings funds.
Japan is giving Nepal Rs 423 million to install JDS.
The Japanese government has awarded Nepal a grant of approximately Rs 423 million for the implementation of the Project for Human Resource Development for the fiscal year 2024-2025.
Committee's determination to prevent leakages in order to reach revenue targets
The Central Revenue Leakage Management Committee aims to increase tax-friendly services and revenue leakage management to meet fiscal year revenue collection objectives.
Top Story
Follow Us
