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Nepal’s OBOR railway dreams

As China builds a rail and road infrastructure up to its borders, Nepal eyes its role in connecting India and China, as well as the wider world “Good morning, sir,” the Nepal Armed Police Force officer stamped his boot on the ground while keeping his right hand at his forehead. The Chinese police officer sitting […]

Monetary Policy 2017/18: Four ways it will affect your personal finance

Kathmandu, July 9 Nepal Rastra Bank Governor Chiranjibi Nepal unveiled the monetary policy for the new fiscal year amid a programme in the capital on Sunday. While the policy encourages lending to the ‘productive’ sector, it puts restrictions on the flow  of credit to ‘unproductive’ sector. The NRB has also made it mandatory for banks […]