Page last updated at 2014-10-23 17:55:31 RSS
  BUSINESS & ECONOMY
Nepal's Economic Condition: RS 10 B As Deficit In BOP: NRB
MYREPUBLICA
KATHMANDU, Oct. 23: Nepal recorded a Rs 10.5 billion deficit in the balance of payment in the first two months of the current fiscal year in the context it had Rs 33 billion surplus in the last fiscal year.

According to the report unveiled by the Nepal Rastra Bank (NRB) on Wednesday, in the reviewed period, the current account has a deficit of Rs 9.98 billion. In the previous year, it had a surplus of Rs 18.35 billion.
Transaction Of Gold Increases
MYREPUBLICA
KATHMANDU, Oct 23: Transaction of gold has increased with the beginning of Tihar festival.

According to the Nepal Gold and Silver Dealers´ Association (NEGOSIDA), 25 kilograms of yellow metal and 200 kilograms of silver is being sold every day this week in Kathmandu.
Suspend Tourism Board Chief Nirola: PAC To Govt
KRITI BHUJU
Cites misuse of funds, other misdeeds

KATHMANDU, Oct 23: A meeting of the Public Accounts Committee (PAC) on Wednesday directed the Ministry of Culture, Tourism and Civil Aviation (MoCTCA) to suspend Subash Nirola, acting CEO of Nepal Tourism Board, after finding him responsible for massive corruption at the board.

Janardan Sharma, chairman of the PAC, read out the decisions taken by the committee and approved by PAC members.
Car Driving License To Be Made Must For Govt Jobs
REPUBLICA
KATHMANDU, Oct 23: The Finance Committee of the legislature-parliament has directed the government to take a policy decision for making car driving license one of the requirements for government jobs. The move has been aimed at cutting government expenses by reducing the number of drivers on government payroll.
BoP Position Worsens As Remittance Flow Declines
REPUBLICA
Country´s BoP recorded deficit of Rs 10.5b in first two months of 2014/15

KATHMANDU, Oct 23: Nepal´s Balance of Payment (BoP) position worsened in the first two months of the current fiscal year, recording a deficit of Rs 10.5 billion.

According to the ´Current Macroeconomic Situation of Nepal´ report issued by the Nepal Rastra Bank (NRB) on Wednesday, BoP logged a heavy deficit as the current account registered a deficit of Rs 9.98 billion in the review period.
More Headlines:
  • Jeeps overcharging passengers in Bajhang
    JAGAT KHADKA
  • Preparations on to revive Birgunj Sugar Mills, Nepal Drugs Ltd: Industry Minister
    RITESH TRIPATHI
  • Kohalpur traders raise veg prices arbitrarily
    TEKENDRA BASYAL
  • Experts for effective implementation of PTA
    REPUBLICA
  • Signing ceremony of AIIB on Friday
    REPUBLICA
  • Ford Figo gets a facelift
    REPUBLICA
  • Asian Finance Ministers to sign MoU to set up AIIB
    MYREPUBLICA
  • 200 metric tonnes food grains deficit in Darchula
    REPUBLICA
  • 'Arun III will benefit entire nation, Nepali people'
    BHIM DEWAN
  • PAC directs Tourism Ministry to suspend Niraula
    KRITI BHUJU
  • More Headlines»  

    RECOMMENDED


     

    End of government


     

    Bhattarai floats three different models of federalism


     

    Proposed CJ to face parliamentary hearing tomorrow


     

    Veep Jha returns home from Lhasa visit


     

    Five die in bus collision in Dhading

    POPULAR

     

    Dropping 'fail' category in SLC being mulled

     

    NEA flayed on social media over Tihar lights warning

     

    Qatar Airways bags 'Best Business Class Airline' for 2nd year in a row

     

    Tsho Rolpa: A fusion of nature and culture (photo feature)

     

    Molestation-accused BPKIHS prof attacked

    Weather

    KATHMANDU
    Low 12oC
    High 22oC
    Sunrise 6:08 am
    Sunset 5:26 pm

    Archives

      Daily News
      Photo Gallery