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Government begins refunding deposits to victims of problematic cooperatives

Kathmandu, May 19 -- The government has started returning money to victims of cooperative fraud. On Monday, the Problematic Cooperative Management Committee refunded Rs1,399,216 to 378 small depositor... Read More


Banking sector on edge after Pandey's arrest

Kathmandu, May 15 -- The banking sector has been left alarmed following the arrest of Jyoti Prakash Pandey, chief executive officer of Nepal Investment Mega Bank (NIMB), with bankers arguing that exec... Read More


Nepal outlines 7 percent growth ambition under broad reform agenda, challenges remain

Kathmandu, May 12 -- Pledging economic reforms focused on corruption control, good governance and digitalisation, the federal government on Monday unveiled an ambitious roadmap to achieve an average a... Read More


Weak private investment deepens pressure on Nepal's revenue and public debt

Kathmandu, May 10 -- The government, currently preparing its policy and programmes for fiscal year 2026-27, which is viewed as the base year for Nepal's long-term ambition to build a $100 billion econ... Read More


IPO approval delays stall hydropower projects and disrupt capital mobilisation in Nepal

Kathmandu, May 7 -- Prolonged delays in approving initial public offerings (IPOs) have disrupted capital mobilisation plans and affected project execution and business expansion, stakeholders said. T... Read More


Cooperative fraud victims to begin receiving repayments from mid-May

Kathmandu, May 6 -- Victims of cooperative fraud will begin receiving repayments from mid-May, according to officials. The payments will be made from a revolving fund collected by the Problematic Coop... Read More


Government blames corruption and crony capitalism for weak economy

Kathmandu, April 29 -- The government has said Nepal's economy is caught in an unproductive cycle due to policy corruption, gains from licensing and contracting through informal channels and influence... Read More


Nepal sets up recovery mechanism for troubled cooperatives

Kathmandu, April 27 -- The government is preparing to set up a 'Revolving Fund' to return deposits of savers trapped in troubled cooperative institutions. With the publication of the Procedures for th... Read More


Securities Board names top businesspersons in alleged share-rigging

Kathmandu, April 23 -- Several prominent businesspersons have been linked to an alleged share trading scheme involving controversial businessmen Deepak Bhatta and Sulav Agrawal, who are currently in p... Read More


Security Board names top businesspersons in alleged share-rigging

Kathmandu, April 23 -- Several prominent businesspersons have been linked to an alleged share trading scheme involving controversial businessmen Deepak Bhatta and Sulav Agrawal, who are currently in p... Read More