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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


What we know-and don't know-about Home Minister's financial conduct

Kathmandu, April 21 -- Home Minister Sudan Gurung's ascent to one of the country's most powerful offices has been meteoric. Having risen to prominence as the leader of the non-profit organisation 'Ham... Read More


Loans are cheaper than ever. Borrowers are still holding back

Kathmandu, April 17 -- The weighted average lending rate charged by banks and financial institutions in Nepal has fallen to 6.90 percent, marking the lowest level on record. The rate had climbed as h... Read More


Nepse allows round-the-clock order placement as trading rules revised

Kathmandu, April 16 -- The Nepal Stock Exchange (Nepse) will now allow investors to place buy and sell orders at any time, following a revision of securities trading regulations. Until now, orders co... Read More


As students leave Nepal to study abroad, billions flow out

Kathmandu, April 12 -- Nepalis spent Rs93.89 billion in foreign currency on overseas education in the first eight months of the current fiscal year (mid-July to mid-March), up around 8 percent from th... Read More


Inside the Rs 3.73 billion fraud investigation shaking Nepal's business elite

Kathmandu, April 9 -- On a spring day in 2020, during the height of Nepal's Covid-19 lockdown, police stopped a vehicle bearing diplomatic number plates and found 67 thermal guns inside. The devices, ... Read More


Money laundering probe pulls Nepal's Shanker Group into spotlight

Kathmandu, April 5 -- A widening money laundering investigation following the arrest of controversial businessman Deepak Bhatta has drawn one of Nepal's oldest corporate houses, the Shanker Group, int... Read More