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Nepal Enacts New Law on Cheque Bounce Cases: Police Investigation Made Mandatory, Punishment Reclassified
Top

2 min read

Nepal Enacts New Law on Cheque Bounce Cases: Police Investigation Made Mandatory, Punishment Reclassified

Nepal Enacts New Law on Cheque Bounce Cases: Police Investigation Made Mandatory, Punishment Reclassified The Government of Nepal has amended the Banking Offenses and Punishment Act, 2064 (2008 AD), bringing sweeping changes to how cheque bounce cases are handled—ranging from the legal process, investigation mechanism, limitation periods, and penal provisions. 1. Police-Only Complaint System Introduced As per the revised law published in the Nepal Gazette on Wednesday and now in effect, cheque bounce complaints must first go through police investigation. Previously, aggrieved parties could directly file cases in court, bypassing law enforcement. The amendment removes that option. Additionally, the Negotiable Instruments Act, 2034, particularly Section 107(A), which previously governed cheque dishonor penalties, has now been repealed to avoid overlapping jurisdiction. Now, the Banking Offense Act will serve as the sole applicable law for such offenses.

Dipesh Ghimire

·

9 May, 2025

Nepal’s Economic Journey: From Struggles to Transformative Growth
Top

4 min read

Nepal’s Economic Journey: From Struggles to Transformative Growth

Nepal’s Economic Journey: From Struggles to Transformative Growth For over three and a half decades, Nepal’s economy has faced numerous challenges, deeply influenced by political turmoil, natural disasters, and external blockades. After the restoration of democracy in the early 1990s, the country underwent a series of political upheavals that included the introduction of multi-party democracy, a decade-long Maoist insurgency, the monarchy, and finally, the establishment of a republic. These political changes disrupted the economy, preventing it from finding a steady rhythm and making significant progress.

Dipesh Ghimire

·

7 May, 2025

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Nepal Enacts New Law on Cheque Bounce Cases: Police Investigation Made Mandatory, Punishment Reclassified
Top

2 min read

Nepal Enacts New Law on Cheque Bounce Cases: Police Investigation Made Mandatory, Punishment Reclassified

Nepal Enacts New Law on Cheque Bounce Cases: Police Investigation Made Mandatory, Punishment Reclassified The Government of Nepal has amended the Banking Offenses and Punishment Act, 2064 (2008 AD), bringing sweeping changes to how cheque bounce cases are handled—ranging from the legal process, investigation mechanism, limitation periods, and penal provisions. 1. Police-Only Complaint System Introduced As per the revised law published in the Nepal Gazette on Wednesday and now in effect, cheque bounce complaints must first go through police investigation. Previously, aggrieved parties could directly file cases in court, bypassing law enforcement. The amendment removes that option. Additionally, the Negotiable Instruments Act, 2034, particularly Section 107(A), which previously governed cheque dishonor penalties, has now been repealed to avoid overlapping jurisdiction. Now, the Banking Offense Act will serve as the sole applicable law for such offenses.

Dipesh Ghimire

·

9 May, 2025

Nepal’s Economic Journey: From Struggles to Transformative Growth
Top

4 min read

Nepal’s Economic Journey: From Struggles to Transformative Growth

Nepal’s Economic Journey: From Struggles to Transformative Growth For over three and a half decades, Nepal’s economy has faced numerous challenges, deeply influenced by political turmoil, natural disasters, and external blockades. After the restoration of democracy in the early 1990s, the country underwent a series of political upheavals that included the introduction of multi-party democracy, a decade-long Maoist insurgency, the monarchy, and finally, the establishment of a republic. These political changes disrupted the economy, preventing it from finding a steady rhythm and making significant progress.

Dipesh Ghimire

·

7 May, 2025

Nepal's Energy Paradox: Between Hydropower Progress and Structural Dependency
Top

3 min read

Nepal's Energy Paradox: Between Hydropower Progress and Structural Dependency

Nepal's Energy Paradox: Between Hydropower Progress and Structural Dependency Over the past few years, Nepal has witnessed a remarkable transformation in its energy infrastructure. Once plagued by chronic load-shedding, the country now produces surplus electricity during the monsoon season—an achievement primarily credited to the growth of hydropower production. Landmark projects like the Upper Tamakoshi have become national symbols of pride. However, beneath the surface of this apparent progress lies a deeper, unresolved conflict. While nearly all electricity generated in Nepal is renewable, over 90% of the country’s total energy consumption still comes from imported fossil fuels and traditional biomass. This contradiction between production and consumption exposes a fundamental flaw in Nepal’s energy transformation strategy.

Dipesh Ghimire

·

4 May, 2025

Nepal’s Economy Faces Deep Trouble: Low Growth, Weak Savings, and Investment Gap Threaten Development Goals
Top

3 min read

Nepal’s Economy Faces Deep Trouble: Low Growth, Weak Savings, and Investment Gap Threaten Development Goals

Nepal’s Economy Faces Deep Trouble: Low Growth, Weak Savings, and Investment Gap Threaten Development Goals Despite bold slogans like "Prosperous Nepal, Happy Nepali" and ambitious long-term goals, Nepal's economic indicators paint a worrying picture. According to the latest Economic Survey 2080/81 and periodic plan evaluations, the country is falling significantly short in income generation, domestic savings, and capital investment. These weaknesses could derail Nepal's aspirations of reaching middle-income status by 2030.

Dipesh Ghimire

·

4 May, 2025

Record-Breaking Tourist Arrivals in Nepal: April 2025 Marks Highest Ever Influx of Foreign Visitors
Top

2 min read

Record-Breaking Tourist Arrivals in Nepal: April 2025 Marks Highest Ever Influx of Foreign Visitors

Record-Breaking Tourist Arrivals in Nepal: April 2025 Marks Highest Ever Influx of Foreign Visitors Nepal has witnessed a remarkable milestone in its tourism sector, with April 2025 recording the highest number of foreign tourist arrivals in a single month to date. According to data released by the Nepal Tourism Board (NTB), 116,490 foreign tourists entered Nepal during April alone—setting a new all-time record for monthly arrivals. This figure surpasses the previous highest April record of 109,399 tourists set in April 2019, which was prior to the COVID-19 pandemic. When compared to that year, Nepal has achieved a 106.5% recovery in April arrivals, clearly indicating a strong rebound in global travel interest toward Nepal.

Dipesh Ghimire

·

3 May, 2025

Nepal’s Labor Market Dilemma: Bridging the Gap Between Workers and Employers
Top

4 min read

Nepal’s Labor Market Dilemma: Bridging the Gap Between Workers and Employers

Nepal’s Labor Market Dilemma: Bridging the Gap Between Workers and Employers Nepal’s labor market stands at a crossroads. Caught between the grievances of underpaid, insecure workers and employers struggling with productivity and labor shortages, the government now faces a critical responsibility: to rebuild trust, implement policies effectively, and balance the dynamics between economic growth and labor rights.

Dipesh Ghimire

·

1 May, 2025

Nepal's Road to Economic Prosperity: Challenges, Progress, and the Critical Need for Investment Reforms
Top

3 min read

Nepal's Road to Economic Prosperity: Challenges, Progress, and the Critical Need for Investment Reforms

Nepal's Road to Economic Prosperity: Challenges, Progress, and the Critical Need for Investment Reforms Despite lofty national ambitions like achieving "Prosperous Nepal, Happy Nepali," Nepal’s journey towards economic prosperity remains sluggish and fraught with deep-rooted structural issues. A comprehensive review of the nation's economic indicators paints a concerning picture: modest economic growth, underwhelming savings and investment rates, and an urgent need for aggressive reforms to mobilize domestic and foreign investments.

Dipesh Ghimire

·

29 Apr, 2025

Nepal's Sustainable Development Goals Journey: Achievements, Setbacks, and The Urgent Path Forward
Top

3 min read

Nepal's Sustainable Development Goals Journey: Achievements, Setbacks, and The Urgent Path Forward

Nepal's Sustainable Development Goals Journey: Achievements, Setbacks, and The Urgent Path Forward Nepal, like much of the developing world, stands at a crucial juncture in its effort to achieve the United Nations' Sustainable Development Goals (SDGs) by 2030. After a decade of work, the country's progress toward these ambitious targets remains only at 41%, with five years left to meet the global agenda designed to transform societies economically, socially, and environmentally.

Dipesh Ghimire

·

29 Apr, 2025

Nepal Fully Implements Interest Rate Corridor Structure: A Detailed Analysis
Top

4 min read

Nepal Fully Implements Interest Rate Corridor Structure: A Detailed Analysis

Nepal Fully Implements Interest Rate Corridor Structure for Liquidity Management: A Deep Dive Analysis Nepal Rastra Bank (NRB) has marked a pivotal shift in its monetary policy operations by fully implementing the Interest Rate Corridor (IRC) framework starting from February 2024 (Fagun 2080 BS). This reform aims to enhance liquidity management, anchor short-term interest rates, and drive stable and sustainable economic growth. Nepal’s journey toward modern liquidity management has been long and gradual. Initially, monetary policy tools were non-existent. After the establishment of NRB in 1956 (2013 BS), early efforts focused on currency issuance, banking system support, and exchange rate stability.

Dipesh Ghimire

·

29 Apr, 2025

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Nepal Enacts New Law on Cheque Bounce Cases: Police Investigation Made Mandatory, Punishment Reclassified
Top

2 min read

Nepal Enacts New Law on Cheque Bounce Cases: Police Investigation Made Mandatory, Punishment Reclassified

Nepal Enacts New Law on Cheque Bounce Cases: Police Investigation Made Mandatory, Punishment Reclassified The Government of Nepal has amended the Banking Offenses and Punishment Act, 2064 (2008 AD), bringing sweeping changes to how cheque bounce cases are handled—ranging from the legal process, investigation mechanism, limitation periods, and penal provisions. 1. Police-Only Complaint System Introduced As per the revised law published in the Nepal Gazette on Wednesday and now in effect, cheque bounce complaints must first go through police investigation. Previously, aggrieved parties could directly file cases in court, bypassing law enforcement. The amendment removes that option. Additionally, the Negotiable Instruments Act, 2034, particularly Section 107(A), which previously governed cheque dishonor penalties, has now been repealed to avoid overlapping jurisdiction. Now, the Banking Offense Act will serve as the sole applicable law for such offenses.

Dipesh Ghimire

·

9 May, 2025

Nepal’s Economic Journey: From Struggles to Transformative Growth
Top

4 min read

Nepal’s Economic Journey: From Struggles to Transformative Growth

Nepal’s Economic Journey: From Struggles to Transformative Growth For over three and a half decades, Nepal’s economy has faced numerous challenges, deeply influenced by political turmoil, natural disasters, and external blockades. After the restoration of democracy in the early 1990s, the country underwent a series of political upheavals that included the introduction of multi-party democracy, a decade-long Maoist insurgency, the monarchy, and finally, the establishment of a republic. These political changes disrupted the economy, preventing it from finding a steady rhythm and making significant progress.

Dipesh Ghimire

·

7 May, 2025

Nepal's Energy Paradox: Between Hydropower Progress and Structural Dependency
Top

3 min read

Nepal's Energy Paradox: Between Hydropower Progress and Structural Dependency

Nepal's Energy Paradox: Between Hydropower Progress and Structural Dependency Over the past few years, Nepal has witnessed a remarkable transformation in its energy infrastructure. Once plagued by chronic load-shedding, the country now produces surplus electricity during the monsoon season—an achievement primarily credited to the growth of hydropower production. Landmark projects like the Upper Tamakoshi have become national symbols of pride. However, beneath the surface of this apparent progress lies a deeper, unresolved conflict. While nearly all electricity generated in Nepal is renewable, over 90% of the country’s total energy consumption still comes from imported fossil fuels and traditional biomass. This contradiction between production and consumption exposes a fundamental flaw in Nepal’s energy transformation strategy.

Dipesh Ghimire

·

4 May, 2025

Nepal’s Economy Faces Deep Trouble: Low Growth, Weak Savings, and Investment Gap Threaten Development Goals
Top

3 min read

Nepal’s Economy Faces Deep Trouble: Low Growth, Weak Savings, and Investment Gap Threaten Development Goals

Nepal’s Economy Faces Deep Trouble: Low Growth, Weak Savings, and Investment Gap Threaten Development Goals Despite bold slogans like "Prosperous Nepal, Happy Nepali" and ambitious long-term goals, Nepal's economic indicators paint a worrying picture. According to the latest Economic Survey 2080/81 and periodic plan evaluations, the country is falling significantly short in income generation, domestic savings, and capital investment. These weaknesses could derail Nepal's aspirations of reaching middle-income status by 2030.

Dipesh Ghimire

·

4 May, 2025

Record-Breaking Tourist Arrivals in Nepal: April 2025 Marks Highest Ever Influx of Foreign Visitors
Top

2 min read

Record-Breaking Tourist Arrivals in Nepal: April 2025 Marks Highest Ever Influx of Foreign Visitors

Record-Breaking Tourist Arrivals in Nepal: April 2025 Marks Highest Ever Influx of Foreign Visitors Nepal has witnessed a remarkable milestone in its tourism sector, with April 2025 recording the highest number of foreign tourist arrivals in a single month to date. According to data released by the Nepal Tourism Board (NTB), 116,490 foreign tourists entered Nepal during April alone—setting a new all-time record for monthly arrivals. This figure surpasses the previous highest April record of 109,399 tourists set in April 2019, which was prior to the COVID-19 pandemic. When compared to that year, Nepal has achieved a 106.5% recovery in April arrivals, clearly indicating a strong rebound in global travel interest toward Nepal.

Dipesh Ghimire

·

3 May, 2025

Nepal’s Labor Market Dilemma: Bridging the Gap Between Workers and Employers
Top

4 min read

Nepal’s Labor Market Dilemma: Bridging the Gap Between Workers and Employers

Nepal’s Labor Market Dilemma: Bridging the Gap Between Workers and Employers Nepal’s labor market stands at a crossroads. Caught between the grievances of underpaid, insecure workers and employers struggling with productivity and labor shortages, the government now faces a critical responsibility: to rebuild trust, implement policies effectively, and balance the dynamics between economic growth and labor rights.

Dipesh Ghimire

·

1 May, 2025

Nepal's Road to Economic Prosperity: Challenges, Progress, and the Critical Need for Investment Reforms
Top

3 min read

Nepal's Road to Economic Prosperity: Challenges, Progress, and the Critical Need for Investment Reforms

Nepal's Road to Economic Prosperity: Challenges, Progress, and the Critical Need for Investment Reforms Despite lofty national ambitions like achieving "Prosperous Nepal, Happy Nepali," Nepal’s journey towards economic prosperity remains sluggish and fraught with deep-rooted structural issues. A comprehensive review of the nation's economic indicators paints a concerning picture: modest economic growth, underwhelming savings and investment rates, and an urgent need for aggressive reforms to mobilize domestic and foreign investments.

Dipesh Ghimire

·

29 Apr, 2025

Nepal's Sustainable Development Goals Journey: Achievements, Setbacks, and The Urgent Path Forward
Top

3 min read

Nepal's Sustainable Development Goals Journey: Achievements, Setbacks, and The Urgent Path Forward

Nepal's Sustainable Development Goals Journey: Achievements, Setbacks, and The Urgent Path Forward Nepal, like much of the developing world, stands at a crucial juncture in its effort to achieve the United Nations' Sustainable Development Goals (SDGs) by 2030. After a decade of work, the country's progress toward these ambitious targets remains only at 41%, with five years left to meet the global agenda designed to transform societies economically, socially, and environmentally.

Dipesh Ghimire

·

29 Apr, 2025

Nepal Fully Implements Interest Rate Corridor Structure: A Detailed Analysis
Top

4 min read

Nepal Fully Implements Interest Rate Corridor Structure: A Detailed Analysis

Nepal Fully Implements Interest Rate Corridor Structure for Liquidity Management: A Deep Dive Analysis Nepal Rastra Bank (NRB) has marked a pivotal shift in its monetary policy operations by fully implementing the Interest Rate Corridor (IRC) framework starting from February 2024 (Fagun 2080 BS). This reform aims to enhance liquidity management, anchor short-term interest rates, and drive stable and sustainable economic growth. Nepal’s journey toward modern liquidity management has been long and gradual. Initially, monetary policy tools were non-existent. After the establishment of NRB in 1956 (2013 BS), early efforts focused on currency issuance, banking system support, and exchange rate stability.

Dipesh Ghimire

·

29 Apr, 2025

More Blogs

Explore more blogs

Nepal Enacts New Law on Cheque Bounce Cases: Police Investigation Made Mandatory, Punishment Reclassified

Dipesh Ghimire

·

9 May, 2025

Nepal Enacts New Law on Cheque Bounce Cases: Police Investigation Made Mandatory, Punishment Reclassified

Nepal Enacts New Law on Cheque Bounce Cases: Police Investigation Made Mandatory, Punishment Reclassified The Government of Nepal has amended the Banking Offenses and Punishment Act, 2064 (2008 AD), bringing sweeping changes to how cheque bounce cases are handled—ranging from the legal process, investigation mechanism, limitation periods, and penal provisions. 1. Police-Only Complaint System Introduced As per the revised law published in the Nepal Gazette on Wednesday and now in effect, cheque bounce complaints must first go through police investigation. Previously, aggrieved parties could directly file cases in court, bypassing law enforcement. The amendment removes that option. Additionally, the Negotiable Instruments Act, 2034, particularly Section 107(A), which previously governed cheque dishonor penalties, has now been repealed to avoid overlapping jurisdiction. Now, the Banking Offense Act will serve as the sole applicable law for such offenses.

Top

2 min read

Nepal’s Economic Journey: From Struggles to Transformative Growth

Dipesh Ghimire

·

7 May, 2025

Nepal’s Economic Journey: From Struggles to Transformative Growth

Nepal’s Economic Journey: From Struggles to Transformative Growth For over three and a half decades, Nepal’s economy has faced numerous challenges, deeply influenced by political turmoil, natural disasters, and external blockades. After the restoration of democracy in the early 1990s, the country underwent a series of political upheavals that included the introduction of multi-party democracy, a decade-long Maoist insurgency, the monarchy, and finally, the establishment of a republic. These political changes disrupted the economy, preventing it from finding a steady rhythm and making significant progress.

Top

4 min read

Nepal's Energy Paradox: Between Hydropower Progress and Structural Dependency

Dipesh Ghimire

·

4 May, 2025

Nepal's Energy Paradox: Between Hydropower Progress and Structural Dependency

Nepal's Energy Paradox: Between Hydropower Progress and Structural Dependency Over the past few years, Nepal has witnessed a remarkable transformation in its energy infrastructure. Once plagued by chronic load-shedding, the country now produces surplus electricity during the monsoon season—an achievement primarily credited to the growth of hydropower production. Landmark projects like the Upper Tamakoshi have become national symbols of pride. However, beneath the surface of this apparent progress lies a deeper, unresolved conflict. While nearly all electricity generated in Nepal is renewable, over 90% of the country’s total energy consumption still comes from imported fossil fuels and traditional biomass. This contradiction between production and consumption exposes a fundamental flaw in Nepal’s energy transformation strategy.

Top

3 min read

Nepal’s Economy Faces Deep Trouble: Low Growth, Weak Savings, and Investment Gap Threaten Development Goals

Dipesh Ghimire

·

4 May, 2025

Nepal’s Economy Faces Deep Trouble: Low Growth, Weak Savings, and Investment Gap Threaten Development Goals

Nepal’s Economy Faces Deep Trouble: Low Growth, Weak Savings, and Investment Gap Threaten Development Goals Despite bold slogans like "Prosperous Nepal, Happy Nepali" and ambitious long-term goals, Nepal's economic indicators paint a worrying picture. According to the latest Economic Survey 2080/81 and periodic plan evaluations, the country is falling significantly short in income generation, domestic savings, and capital investment. These weaknesses could derail Nepal's aspirations of reaching middle-income status by 2030.

Top

3 min read

Record-Breaking Tourist Arrivals in Nepal: April 2025 Marks Highest Ever Influx of Foreign Visitors

Dipesh Ghimire

·

3 May, 2025

Record-Breaking Tourist Arrivals in Nepal: April 2025 Marks Highest Ever Influx of Foreign Visitors

Record-Breaking Tourist Arrivals in Nepal: April 2025 Marks Highest Ever Influx of Foreign Visitors Nepal has witnessed a remarkable milestone in its tourism sector, with April 2025 recording the highest number of foreign tourist arrivals in a single month to date. According to data released by the Nepal Tourism Board (NTB), 116,490 foreign tourists entered Nepal during April alone—setting a new all-time record for monthly arrivals. This figure surpasses the previous highest April record of 109,399 tourists set in April 2019, which was prior to the COVID-19 pandemic. When compared to that year, Nepal has achieved a 106.5% recovery in April arrivals, clearly indicating a strong rebound in global travel interest toward Nepal.

Top

2 min read

Nepal’s Labor Market Dilemma: Bridging the Gap Between Workers and Employers

Dipesh Ghimire

·

1 May, 2025

Nepal’s Labor Market Dilemma: Bridging the Gap Between Workers and Employers

Nepal’s Labor Market Dilemma: Bridging the Gap Between Workers and Employers Nepal’s labor market stands at a crossroads. Caught between the grievances of underpaid, insecure workers and employers struggling with productivity and labor shortages, the government now faces a critical responsibility: to rebuild trust, implement policies effectively, and balance the dynamics between economic growth and labor rights.

Top

4 min read

Nepal's Road to Economic Prosperity: Challenges, Progress, and the Critical Need for Investment Reforms

Dipesh Ghimire

·

29 Apr, 2025

Nepal's Road to Economic Prosperity: Challenges, Progress, and the Critical Need for Investment Reforms

Nepal's Road to Economic Prosperity: Challenges, Progress, and the Critical Need for Investment Reforms Despite lofty national ambitions like achieving "Prosperous Nepal, Happy Nepali," Nepal’s journey towards economic prosperity remains sluggish and fraught with deep-rooted structural issues. A comprehensive review of the nation's economic indicators paints a concerning picture: modest economic growth, underwhelming savings and investment rates, and an urgent need for aggressive reforms to mobilize domestic and foreign investments.

Top

3 min read

Nepal's Sustainable Development Goals Journey: Achievements, Setbacks, and The Urgent Path Forward

Dipesh Ghimire

·

29 Apr, 2025

Nepal's Sustainable Development Goals Journey: Achievements, Setbacks, and The Urgent Path Forward

Nepal's Sustainable Development Goals Journey: Achievements, Setbacks, and The Urgent Path Forward Nepal, like much of the developing world, stands at a crucial juncture in its effort to achieve the United Nations' Sustainable Development Goals (SDGs) by 2030. After a decade of work, the country's progress toward these ambitious targets remains only at 41%, with five years left to meet the global agenda designed to transform societies economically, socially, and environmentally.

Top

3 min read

Nepal Fully Implements Interest Rate Corridor Structure: A Detailed Analysis

Dipesh Ghimire

·

29 Apr, 2025

Nepal Fully Implements Interest Rate Corridor Structure: A Detailed Analysis

Nepal Fully Implements Interest Rate Corridor Structure for Liquidity Management: A Deep Dive Analysis Nepal Rastra Bank (NRB) has marked a pivotal shift in its monetary policy operations by fully implementing the Interest Rate Corridor (IRC) framework starting from February 2024 (Fagun 2080 BS). This reform aims to enhance liquidity management, anchor short-term interest rates, and drive stable and sustainable economic growth. Nepal’s journey toward modern liquidity management has been long and gradual. Initially, monetary policy tools were non-existent. After the establishment of NRB in 1956 (2013 BS), early efforts focused on currency issuance, banking system support, and exchange rate stability.

Top

4 min read