These amendments, issued under Section 47 of the Foreign Exchange Management Act, 1999 (FEMA), take effect from the date of publication in the Official Gazette. The changes aim to streamline ...

Nepal's export of Information Technology (IT) goods and services is gradually increasing. In the first six months of the current Fiscal Year 2024/25, IT related goods and services worth over Rs 28.5 ...

Adieu, Kamred! You will live on as a role model and an inspiration for upcoming generations of Nepali social scientists.

Nepal and India source crude edible oil from same suppliers, raising concerns over tariff-driven trade manipulation.

There has been a major problem with the distribution of national ID cards in the country, with many of the printed cards still uncollected.

Investment in the agricultural sector has increased by an average of 23.4% every year in the past ten years, but the average ...

Green hydrogen is being hailed as a new opportunity for Nepal to join the global energy transition. But the country’s ...

Tourists from various countries can now make payments in Nepal using QR (Quick Response) Code with the implementation of the international digital transactions by Nepal Clearing House Limited (NCHL), ...

With a substantial investment banking, wealth management, and trading presence, Bank of America serves more than 68 million consumers and over 3 million small business clients. In terms of assets ...

This edition of macroeconomic update’s theme chapter assesses private sector challenges in Nepal. Private sector-led development in Nepal has faced significant challenges.

Pulaski Savings Bank's demise on Jan. 17 marked the first bank failure of 2025 and the 15th since 2019. Millennium Bank of Des Plaines, Illinois, assumed Pulaski Savings Bank's deposits. The only ...

Commissions do not affect our editors' opinions or evaluations. Ally Bank is a full-service online bank that offers high APYs on savings accounts and CDs, and scores high on customer satisfaction ...