Rajendra Man Shakya, Chief Executive Officer of CMB Finance Limited, a versatile and reputed professional in the financial sector of Nepal, spoke to Nepal Business Times regarding the economic scenario, financial and banking sector of Nepal and the progress achieved by CMB over the years. Excerpts: Read More
Shekhar Raj Bastakoti
Nepal’s political development remained a matter of world appreciation after warring Maoists came to the table talk and accepted political main streaming. The leadership of Girija Prasad Koirala Read More
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Politics
The sixt round of election for PM also doubtful The sixth round of election for the post of Prime Minister slated for today is also doubtful to elect a PM as there has no change in the political equation since the last election on August 23. All political parties have remained firm on their stances and there has not been any progress in the talks among the parties after that. CPN (UML) and the Madhesi parties, which are critical Read More
FNJ has formed four-member team to prove journalist attack on Dharan The Federation of Nepali journalists (FNJ) has formed a four-member team to probe into the attack on Dharan-based journalist Lilanath Ghimire and unearth the circumbstances surrounding the incident, the FNJ said in a statement on Sunday.
The team is headed by Govinda Acharya, vice president, FNJ, with Kishor Kumar Karki, central member and Purvanchal coordinator, FNJ; Shivahari Bhattarai, former vice president, FNJ; and Mohan Bhandari, former president, Dharan Chapter of FNJ.
MJF-N don’t stay neutral in sixth round of voting Chairman of the Madhesi Janaadhikar Forum-Nepal (MJF-N) Upendra Yadav on Sunday said that the block of four Madhes-based parties—United Madhesi Democratic Front (UMDF)—will not stay neutral in the sixth round of voting in the prime ministerial election slated for September 5. The block commands 81 votes in the 599-member Constituent Assembly. Speaking at a programme organised by the Rastra Samrakshan Saptahik to mark its 2nd anniversary in the capital, Yadav Read More
Banking
NRB slashes commission to commercial banks Nepal Rastra Bank (NRB) has substantially cut down the commission it provides to commercial banks involved in government’s transactions from the current fiscal year. The NRB said the facilities enjoyed by those banks were “too high.”
Sharp Aquos takes lead TV market At a time when 3D TVs have been all the rage in the market, Sharp´s newly launched Aquos Quattron LE820M series LED TV (available in 40, 46 and 52 inches) boldly ditches the third dimension in favor of a four-color filter system -- red, green, blue and yellow than the traditional RGB system found in other HDTVs. Read More
FNCCI to formulate gold management guidelines Amid deepening dispute among the constituents of Gold and Silver Management Mechanism, the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), in a bid to bring normalcy to the gold market, has intervened to formulate guidelines for the mechanism. Read More
GSMM meeting ended inconclusively The second meeting of Gold and Silver Management Mechanism ended inconclusively on Sunday due to dispute over the allocation of gold quota to be recommended for dealers. The next meeting has been scheduled for Thursday.
Midas CAN SofTech 2010 terminates Midas CAN SofTech 2010 terminated on Saturday, recording a turnout of 50,000 visitors in four days. The event, which was organized at DECC Hall at United World Trade Center, Tripureshwar, drew nearly 20,000 visitors on the last day.
Computer Association of Nepal (CAN) officials told that they were satisfied by the Read More
Capital market continues to go downward Nepal Stock Exchange (Nepse) index lost 3.81 points to close at 432.74 points on Sunday-the opening day of weekly share transaction. Of the eight groups that participated in today's trading, the sub-indices of six groups except that of manufacturing and processing and hydropower groups moved in red zone.
36,181 Nepali jobseekers have appeared in KNT A total of 36,181 Nepali jobseekers have appeared in Korean Language Test (KLT) to qualify themselves for the jobs under Read More
Police indifference hitches arrest of land crooks Police have acted slowly in nabbing notorious land dealers, who attempted to take control of 23 public and private housing Read More
Rajendra Man Shakya, Chief Executive Officer of CMB Finance Limited, a versatile and reputed professional in the financial sector of Nepal, spoke to Nepal Business Times regarding the economic scenario, financial and banking sector of Nepal and the progress achieved by CMB over the years. Excerpts: 
Shekhar Raj Bastakoti
