Fiscal nepal one

Fiscal nepal one The economy of Nepal

नेपालमा पनि यो स्थिति चाँडै आउनेछ ! As the news of Hasina’s resignation broke, thousands of protesters took to the stree...
05/08/2024

नेपालमा पनि यो स्थिति चाँडै आउनेछ !

As the news of Hasina’s resignation broke, thousands of protesters took to the streets in major cities across Bangladesh, including Dhaka and Chittagong. Demonstrations quickly turned violent, with reports of clashes between protesters and security forces. Several government buildings and public properties have been vandalized, and a number of injuries have been reported.

Read more:

KATHMANDU: In a shocking turn of events, Bangladesh Prime Minister Sheikh Hasina has resigned and reportedly fled the country, leaving the nation in a state of political chaos and uncertainty. This sudden resignation has triggered widespread unrest and concerns about the future stability of the coun...

Commercial banks in Nepal have reported a combined net profit of approximately NPR 64.15 billion for the fiscal year 202...
05/08/2024

Commercial banks in Nepal have reported a combined net profit of approximately NPR 64.15 billion for the fiscal year 2023-24, marking a notable increase of 13.40% compared to the previous fiscal year’s NPR 56.57 billion. The performance data reveal a mixed bag, with ten banks reporting profit growth and another ten experiencing declines.

Read more:

KATHMANDU: Commercial banks in Nepal have reported a combined net profit of approximately NPR 64.15 billion for the fiscal year 2023-24, marking a notable increase of 13.40% compared to the previous fiscal year’s NPR 56.57 billion. The performance data reveal a mixed bag, with ten banks reporting ...

To facilitate the operation of instruments such as private investment funds, policies are being gradually implemented. T...
28/07/2024

To facilitate the operation of instruments such as private investment funds, policies are being gradually implemented. The budget and monetary policy for the current year have provided incentives to encourage private equity (PE) and venture capital (VC). Through the Economic Act, amendments to the Income Tax Act ensure that investments aimed at enhancing a company’s capacity are not subject to ownership transfer tax. This provision, previously controversial, has been retained with additional clarifications.

Read more:

KATHMANDU: The Nepal government is becoming increasingly liberal in its approach to operating alternative financial instruments, addressing the issue from the budget to monetary policy. As public resources alone cannot meet development needs, and available private resources are also insufficient, th...

The latest financial analysis reveals that Nepal’s economy is on an upward trajectory, with significant contributions fr...
28/07/2024

The latest financial analysis reveals that Nepal’s economy is on an upward trajectory, with significant contributions from various sectors including tourism, agriculture, and the burgeoning digital economy. The Nepal government has implemented forward-thinking economic policies aimed at fostering entrepreneurship and stimulating corporate finance. These measures are set to enhance Nepal’s economic forecast, positioning the nation as a prime destination for global trade and investment.

Read more:

KATHMANDU: Nepal’s economy is showing remarkable resilience and growth, defying the challenges posed by the global economic landscape. Recent reports indicate that Nepal’s economic development is accelerating, driven by robust business growth, strategic investment opportunities, and favorable ma...

The company had initially prepared to issue shares to Nepalis employed abroad starting from Asar 27. A source from the b...
28/07/2024

The company had initially prepared to issue shares to Nepalis employed abroad starting from Asar 27. A source from the board stated, “We directed to halt the decision until further notice last Asar. We issued the directive to halt the share sale for the benefit of general investors after receiving many complaints.”

Read more:

KATHMANDU: In response to ongoing controversies over the pricing of companies issuing primary shares through the book-building method, the Securities Board of Nepal (SEBON) has announced plans to revise the regulations and guidelines related to this method. The decision, detailed in the board’s po...

Nepal’s commitment to conservation has led to the establishment of numerous national parks and protected areas. Chitwan ...
26/07/2024

Nepal’s commitment to conservation has led to the establishment of numerous national parks and protected areas. Chitwan National Park, a UNESCO World Heritage Site, is renowned for its efforts in protecting the endangered one-horned rhinoceros and Bengal tiger. A jungle safari here offers a chance to spot these majestic animals, along with elephants, crocodiles, and a myriad of bird species. Bardia National Park, in the far west, is another hidden gem where visitors can experience pristine wilderness and rich biodiversity.

Writes: Omisha Rana

Read more:

KATHMANDU: Nepal, a landlocked country nestled in the lap of the Himalayas, is a treasure trove of natural beauty, cultural richness, and adventurous opportunities. From the towering peaks of Mount Everest to the serene landscapes of Pokhara, Nepal offers a diverse range of attractions that cater to...

In the “World’s Greatest Places 2024” issue released by Time Magazine on Thursday, author Erin Levi details Gautam’s eff...
26/07/2024

In the “World’s Greatest Places 2024” issue released by Time Magazine on Thursday, author Erin Levi details Gautam’s efforts. Formerly the director of the Jane Goodall Institute Nepal, Gautam acquired a piece of private land in the Khata Wildlife Corridor to prevent it from being turned into a casino hotel and to promote a sustainable future in tourism.

Burhan Wilderness Camps

Read more:

KATHMANDU: Burhan Wilderness Camps, located in Bardiya district, Nepal, has been named one of the world’s 100 greatest places in 2024 by Time Magazine. This prestigious recognition highlights the immense potential of Nepali tourism and places the spotlight on Bardiya as a prime destination for eco...

After becoming a Joint Secretary, her first posting was at the Election Commission, where she served for 20 months from ...
25/07/2024

After becoming a Joint Secretary, her first posting was at the Election Commission, where she served for 20 months from January 2014 (Magh 2070 B.S.) to December 2015 (2072 B.S.). She then spent five years at the Ministry of Law. She was promoted to Secretary in November 2020 (2077 B.S.) and served as Secretary of the Nepal Law Commission for two years. She is currently serving at the Office of the Prime Minister and Council of Ministers.

Read more:

KATHMANDU: The government has appointed Liladevi Gadtoula as the Chief Secretary. The Cabinet meeting held on Thursday at the Office of the Prime Minister and Council of Ministers made the decision to appoint Gadtoula as the Chief Secretary. Prithivi S***a Gurung, minister for Information, Communica...

Following the death of her husband in 1991, Shrestha took full responsibility for managing Dwarika’s Hotel. Under her le...
18/07/2024

Following the death of her husband in 1991, Shrestha took full responsibility for managing Dwarika’s Hotel. Under her leadership, the hotel maintained its esteemed reputation and goodwill, becoming a symbol of excellence in the hospitality industry and a top destination for luxury travel in Nepal.

Read more:

KATHMANDU: Renowned tourism entrepreneur Ambika Shrestha, manager of Nepal’s iconic and luxurious Dwarika’s Hotel, passed away on Thursday morning at Medicity Hospital, family sources have confirmed. Ambika Shrestha was a prominent figure in Nepal’s tourism industry, significantly contributing...

आफ्नै हात जगन्नाथ ! The controversy centers on Nabil Bank’s issuance of a so-called competitive bidding process for this...
17/07/2024

आफ्नै हात जगन्नाथ !

The controversy centers on Nabil Bank’s issuance of a so-called competitive bidding process for this procurement, which ostensibly aimed to ensure fairness and transparency. However, the process appears to have been structured in a way that effectively favored CG Motors exclusively.



Read more:

KATHMANDU: The saying “One’s own hand is God” finds new relevance with the Chaudhary Group, majority shareholders in Nabil Bank, influencing significant alterations in vehicle specifications to favor CG Motors. In a surprising disclosure, Nabil Bank Ltd., under the strong influence of the Chau...

आफ्नै हात जगन्नाथ भनेको यहि हो !The financing of these EVs by NABIL BANKnk, outside the normal business ethics of sister...
10/07/2024

आफ्नै हात जगन्नाथ भनेको यहि हो !

The financing of these EVs by NABIL BANKnk, outside the normal business ethics of sister companies, suggests a severe misuse of general consumer savings. The primary concern is that the bank has heavily invested in CG Motors’ EVs without adequate assurance regarding the repayment of these loans.

KATHMANADU: Nabil Bank Limited, where the majority of the promoter shares are owned by Chaudhary Group, has recently come under scrutiny for its financing practices concerning electric vehicles (EVs) sales by its sister company, CG Motors. The bank has financed over 450 KYC EV vans out of the more t...

KMC spokesperson Nabin Manandhar said, “There is still much to be done within our jurisdiction. The detailed report is y...
07/07/2024

KMC spokesperson Nabin Manandhar said, “There is still much to be done within our jurisdiction. The detailed report is yet to come, and if there is further delay, we have discussed imposing a ban on sales and distribution of unsafe and hazardous Wai Wai and other below standard FMCG goods in Kathmandu. India also has a history of taking action against Maggi noodles.”



Read more:

KATHMANDU: In a concerted effort to protect public health, the Kathmandu Metropolitan City (KMC) has imposed substantial fines on several companies for distributing harmful edible oils and Wai Wai instant noodles. These punitive measures highlight critical lapses in food safety standards and emphasi...

Address

Kathmandu

Website

Alerts

Be the first to know and let us send you an email when Fiscal nepal one posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Fiscal nepal one:

Shortcuts

Share

Category