Finance Minister Dr. Swarnim Wagle has called for ethical capital market reforms, urging regulators to protect investors and transform Nepal's stock market into one of Asia's most competitive.
Finance Minister Dr. Swarnim Wagle is set to hold discussions with leading industrialists on budget implementation, investment promotion, and improving Nepal's industrial environment.
Finance Minister Dr. Swarnim Wagle criticized the growing number of advisers in the Prime Minister's Office and the Ministry of Energy, saying his ministry has only one unpaid adviser while prioritizing fiscal discipline and revenue collection.
The Nepal Electricity Authority (NEA) will adjust VAT paid on electricity consumed in Asar against customers' upcoming Bhadra bills, ending confusion over the new tax implementation.
NMB Bank will invest NPR 1.24 billion in the 9 MW Khimti-Ghawang Small Hydropower Project, supporting Nepal's renewable energy expansion through sustainable financing.
Nepal has continued exporting surplus electricity during the monsoon season, with daily power demand reaching 73,629 MWh while domestic generation remains sufficient to meet national consumption without imports from India.
Nepal Rastra Bank (NRB) has imposed disciplinary measures against Narayani Development Bank, Saptakoshi Development Bank, and Reliance Finance for violating banking regulations during the fourth quarter of FY 2082/83.
Political parties in Bagmati Province have stepped up negotiations to form a new government after the CPN (UML) withdrew its support from the Nepali Congress-led administration, triggering a fresh political realignment.
The Nepal Stock Exchange (NEPSE) fell by 33.28 points (1.21%) on Monday to close at 2,701.32, as investors booked profits following recent gains. Daily turnover stood at NPR 6.08 billion.
Prime Minister Balen Shah has assured domestic manufacturers that the government will take effective measures to expand international markets for Nepali products and resolve legal and technical barriers affecting exports.
The Supreme Court of Nepal has ruled that insurance companies cannot issue initial public offerings (IPOs) at a premium, declaring such practice contrary to the Insurance Act while directing regulators to strictly enforce the law in future offerings.
Nepal has officially inaugurated the Nagdhunga–Sisnekhola Tunnel, the country's first modern road tunnel. The tunnel will initially be opened only to emergency and essential service vehicles during a three-month trial period.