Business

NEW DELHI —India continues to show resilience against the backdrop of a challenging global environment, according to World Bank’s latest India Development Update (IDU). The IDU, the Bank’s flagship half yearly report on the Indian…
Read More...

NMB Bank and Buddha Air have recently launched 'NMB Buddha VISA Debit Card', a financial innovation set to transform the travel experiences of valued customers.
Read More...

KATHMANDU — Nepal’s economy is expected to rebound to 3.9% in FY24 owing to a lagged impact of the lifting of import restrictions, strong rebound in tourism, and the gradual loosening of monetary policy, according to the World Bank’s…
Read More...

WASHINGTON — The World Bank bolstered its engagement with partners to strengthen global collective action against corruption over the past year, as highlighted in its Sanctions System Annual Report for fiscal year 2023, which was released…
Read More...

WASHINGTON – The World Bank today approved $290 million in credits and grants from the International Development Association (IDA)* to improve and harmonize data systems in Central Africa. The new financing will enhance evidence-based…
Read More...

WASHINGTON —Growth in developing East Asia and Pacific is projected to remain strong at 5% in 2023 but will ease in the second half of 2023 and is forecast to be 4.5% during 2024, the World Bank said on Sunday in its semi-annual economic…
Read More...

Courtesy meeting between Nepal Rastra Bank, Governor Maha Prasad Adhikari & Prof. Haruhiko Kuroda, Former Governor of Bank of Japan . They discussed on current financial & economic situation and relationship between Nepal and Japan…
Read More...

India has allowed Nepal to sell electricity generated through two hydropower projects in its real-time energy market starting Saturday midnight, according to the Nepal Electricity Authority (NEA). It is for the first time that India…
Read More...

काठमाडाैं । नेपाल विद्युत् प्राधिकरणले भारतको इनर्जी एक्सचेञ्ज (आइएक्स)को ‘रियल टाइम मार्केट’मा पनि विद्युत् बिक्री गर्न पहिलोपल्ट अनुमति पाएको छ । भारतको प्रतिस्पर्धी ऊर्जा बजारमा एक दिनअघि (डे अहेड) मात्रै बोलपत्र प्रक्रियामा सहभागी भई…
Read More...

KATHMANDU  — The Government of Nepal, the Asian Development Bank (ADB), and the World Bank convened a Joint Tripartite Portfolio Review Meeting to assess the progress of projects supported by ADB and the World Bank and address key issues to…
Read More...