All eyes to focus on China at G7 meeting Agence France PresseShanghai, February 2:A key focus of the upcoming G7 meeting in London will be invited guest China, with finance ministers eager to hear how Beijing plans to solve some of the nagging doubts about its economy, analysts say.China, the... 02 Feb, 2005
Bonds worth over Rs 5b issued Himalayan News ServiceKathmandu, February 2:Nepal Rastra Bank (NRB), the central bank of the country, during fiscal year 2003-04 has issued various types of security bonds worth over Rs 5.81 billion.According to a latest report produced by the central... 02 Feb, 2005
Tasks ahead The prolonged political row over governor of the Nepal Rastra Bank (NRB) has ended after the appointment of Bijaya Nath Bhattarai, a deputy governor, to the post. Being the central bank, the NRB exerts a considerable impact on the economy in general... 01 Feb, 2005
TOPICS : Central banks dump dollar for the euro Emad Mekay:Central banks around the world are getting rid of the US dollar in favour of the European currency, the euro, in a bid to stem losses from the declining greenback, an international survey says. The survey says that more than two-thirds of... 31 Jan, 2005
Global economy faces many hurdles Agence France PresseDavos, January 30: Global economic growth must vault hurdles posed by exchange rate imbalances, US deficits and weak growth in Europe, but experts meeting here in Davos ended the week without takeaway solutions. Americans,... 30 Jan, 2005
Pokhara being neglected: Tourism entrepreneurs Rup Narayan Dhakal Pokhara, January 24: Tourism entrepreneurs of Pokhara have complained that government is favouring Kathmandu-based operators when it comes to awarding the status of ‘sick industry’. Sundar Kumar Shrestha, former president,... 24 Jan, 2005
Governor row and NRB’s challenges Sri Ram Poudyal:The Supreme Court has cleared the way for the appointment of governor of the Nepal Rastra Bank (NRB) by vacating the earlier stay order issued against the government. Before this there was a long tussle between the prime minister and... 20 Jan, 2005
NRB invests 15 per cent more this FY Himalayan News Service Kathmandu, January 19: Nepal Rastra Bank (NRB) has raised its total investment (external and internal) by 15.4 per cent, reaching Rs 129.09 billion in the fiscal year 2003-04. According to a source in NRB, the central bank has... 19 Jan, 2005
RBB management stays in saddle Gopal Tiwari Kathmandu, January 15: Nepal Rastra Bank (NRB) has extended the contract of Rastriya Banijya Bank (RBB) led by Bruce Henderson for one more year as the previous contract of the same management completed its two year term today. According... 15 Jan, 2005
BIZ BRIEFS SBI in Saudi Arabia KOLKATA: State Bank of India (SBI), the country’s largest commercial bank, may soon get the green signal to start its financial operations in Saudi Arabia, according to a Saudi government official. Public sector SBI’s proposal... 14 Jan, 2005
Central banks count the cost of weak dollar Agence France PresseFrankfurt, January 10:The weak dollar appears to be tearing holes in the annual accounts of central banks both in Europe and elsewhere around the world, press reports suggested today, and many of the banks are considering reducing... 10 Jan, 2005
Sinking ship The four-party Sher Bahadur Deuba government during these seven months has been unable to show itself to be any different from its predecessors Chand and Thapa governments. At least, they had managed to hold talks with the Maoists. But the incumbent... 09 Jan, 2005
