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Lumbini Province Assembly passes budget

The Lumbini Province Assembly has passed the budget for the fiscal year, 2079/80 with majority votes on Wednesday. Speaker Purna Bahadur Gharti had presented the budget seeking its passage. The Assembly members had discussed the budget allocation on various headings. The budget was unveiled some two weeks ago. The government ...

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Shikar Insurance Company Limited: No Dividend for FY 2077/78

Shikar Insurance Company Limited (SICL) is not distributing the dividend for FY 2077/78. According to the 272nd board of directors meeting held on Jestha 17, 2079 has clarified that the company has enough reserve until FY 2077/2078 to meet the requirements on increasing their capital to Rs. 2.50 Arba as mandated ...

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Finance Minister Sharma to present budget today

May 29: The government is scheduled to present the budget for the coming fiscal year in a joint sitting of both the houses of the federal parliament on Sunday at 4 PM. In the second meeting of the House of Representatives held on Saturday, Speaker Agni Prasad Sapkota announced the ...

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Govt decides to reduce tax on petroleum products

KATHMANDU, May 27: The government has decided to reduce the infrastructure tax on petroleum products. A Cabinet meeting held on Friday decided to provide relief to the consumers by reducing the tax being levied on petroleum products. The Council of Ministers, agreeing in principle to remove the infrastructure tax being ...

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WHO Director General arriving in Nepal today

April 21: Director General of World Health Organization (WHO) Dr Tedros Adhanom Ghebreyesus is arriving in Nepal on Thursday. Tedros is coming to Nepal at the invitation of Minister for Health and Population Birodh Khatiwada. He is scheduled to land at 12:15 PM today. According to the Ministry of Foreign ...

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Global IME Bank earns Rs 3.72 arba till third quarter; Highest in the banking industry

Global IME Bank Limited (GBIME) has published its third-quarter report for the FY 2078/2079 with a rise in net profit by 4.13%. The bank’s profit has increased from Rs 3.57 Arba in the third quarter of the fiscal year 2077/2078 to Rs 3.72 Arba in the third quarter of the fiscal year ...

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Why Did The Bottom Line Decline For ICFC Finance Limited In Q3 Despite Growth In Core Business Revenue?

ICFC Finance Limited (ICFC) reported a Net Profit of Rs. 12.39 crores in Q2 of FY 2078/2079. This is a decline of 30.32% compared to the corresponding quarter of the previous year. The decline in Net Profit is due to the variation in other operating income in this quarter. It reported ...

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Shikhar Insurance Vacancy for Managerial Positions

Shikhar Insurance Company Limited, leading general insurance company of Nepal seeks applications from energetic Nepalese citizens who have zeal to prove themselves as self-motivated insurance professionals, can work innovatively to expand the horizon of Shikhar Insurance for following departments/posts for its Corporate office. 1. Assistant Manager/Deputy Manager/Manager — Claim Department ...

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Nepal Bankers’ Association Vacancy for Research Associate and Associate Coordinator

Nepal Bankers’ Association, established to enhance interrelationship and coordination among the Commercial Banks in Nepal, invites applications from qualified, committed, and result oriented candidates for the position of : 1. Research Associate Job Description: The responsibility of the position is to plan, conduct and manage research and data of Banking and ...

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Mithila Laghubitta Bittiya Sanstha Limited Vacancy for Sr. Assistant, Assistant and Junior Assistant Level

Mithila Laghubitta Bittiya Sanstha Limited has jurisdiction in Madesh Pradesh Mithila Municipality-06, Dhalkebar-Dhanusha. Applicants are invited to fill up the application form within 15 days from the date of publication of the information for the first time from interested Nepali citizens with the following qualifications and experience. Position Required No. ...

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