Top3 min readRace for Nepal Rastra Bank Governor Intensifies: What’s at Stake ? Race for Nepal Rastra Bank Governor Intensifies: What’s at Stake? As the tenure of Nepal Rastra Bank Governor Maha Prasad Adhikari approaches its conclusion in three months, the race for the top position in the country’s central bank has gained momentum. Aspirants are engaging with power centers, proposing solutions to stabilize the economy, and positioning themselves as the ideal candidate for one of the most coveted roles in Nepal’s financial sector.Dipesh Ghimire·6 Jan, 2025
Top2 min readNepal’s Banking Sector Faces Growing Challenges: A Critical CrossroadNepal’s Banking Sector Faces Growing Challenges: A Critical Crossroad Nepal's banking and financial institutions are grappling with one of the most challenging phases in their history. Despite robust external economic indicators, internal weaknesses in the economy have significantly strained the banking sector. These challenges are causing stagnation in investments, declining profits, and rising non-performing assets (NPA), threatening the stability of the financial ecosystem.Dipesh Ghimire·6 Jan, 2025
Top2 min readNepal-India Trade Treaty Review: Addressing Long-Standing IssuesNepal-India Trade Treaty Review: Addressing Long-Standing Issues After four years, the Nepal-India Inter-Governmental Committee (IGC) meeting is set to take place in Kathmandu on January 9 and 10. The key agenda of this meeting will be the review of the 2009 Trade Treaty, a crucial step as the treaty has been renewed twice without amendments. Nepal has long advocated for addressing the limitations in the trade treaty that hinder its exports to India. This review is expected to pave the way for smoother access to Indian markets for Nepali goods. However, the specifics of the review process remain unclear. According to Baburam Adhikari, Joint Secretary at the Ministry of Commerce, the final agenda will only be confirmed a few days before the meeting.Dipesh Ghimire·6 Jan, 2025
Top2 min readForeign Exchange Issues Threaten Nepal's Telecom and Internet ServicesForeign Exchange Issues Threaten Nepal's Telecom and Internet Services Nepal's telecom sector faces significant challenges as telecom service provider Ncell struggles to pay international vendors for bandwidth imports, equipment purchases, and consultancy services. This financial bottleneck stems from the Nepal Telecommunications Authority (NTA) halting foreign exchange facilitation over unpaid fees for the 2100 MHz frequency band. The broader implications of this standstill reveal systemic issues in Nepal's regulatory and financial ecosystems.Dipesh Ghimire·3 Jan, 2025
Popular News2 min readGrowing Attraction and Participation in the Capital MarketIn recent times, the stock market has seen a significant increase in interest, with many new investors stepping into the scene. Notably, women’s participation in the stock market has also been on the rise. Be it in the primary or secondary market, women are increasingly engaging in stock market activities. The involvement of women is not limited to trading but extends to leadership roles in investor associations and active participation in company general meetings. Women are not only present in these meetings but are also expressing their views and contributing to discussions. Currently, prominent women shareholders, like Nirupa Gupta, are making their voices heard, and stakeholders anticipate a further increase in women's participation in the future.Dipesh Ghimire·30 Dec, 2024
Top3 min readWhat Should Be the Role of the Bankers' Association?Kathmandu, Nepal — The Nepal Bankers' Association, an umbrella organization of the country’s 20 commercial banks, has elected Santosh Koirala, the CEO of Machhapuchchhre Bank, as its new president. The election has set the stage for a fresh chapter in the financial sector, with hopes pinned on the leadership's ability to navigate pressing challenges and unlock new opportunities for economic growth.Dipesh Ghimire·29 Dec, 2024
Top1 min readNepal's Growing Debate on Public Debt: A Necessity or a Risk?Nepal's Growing Debate on Public Debt: A Necessity or a Risk? The issue of public debt has become a focal point of discussion in Nepal. While some argue that external borrowing is essential for economic growth, others caution that debt could become a financial trap for a developing nation like Nepal, drawing parallels to Sri Lanka’s economic crisis.Dipesh Ghimire·26 Dec, 2024
Top2 min readLocal Government Annual Budgeting Process Needs Reform and EfficiencyLocal Government Annual Budgeting Process Needs Reform and Efficiency Nepal's federal democratic republic structure is divided into three levels of governance: federal, provincial, and local. These tiers exercise state power in accordance with the Constitution and applicable laws. The Constitution's Schedules 8 and 9 allocate exclusive rights to local governments and shared rights among federal, provincial, and local levels, respectively, while granting constitutional recognition to revenue sharing and financial authority.Dipesh Ghimire·26 Dec, 2024
Top2 min readBanks Record Mixed Profit Growth in Kartik 2081: NABIL Tops the ChartBanks Record Mixed Profit Growth in Kartik 2081: NABIL Tops the Chart As of Kartik 2081, Nepal's commercial banks collectively reported a profit of NPR 22.29 billion, marking a 7.56% increase compared to NPR 20.73 billion in the same period last year, according to data published by Nepal Rastra Bank. While most banks showed promising growth, a few struggled with declining profits, highlighting the uneven financial recovery across the sector.Dipesh Ghimire·10 Dec, 2024
Popular News4 min readNepal’s Economy at a Precipice: An In-Depth AnalysisNepal’s Economy at a Precipice: An In-Depth Analysis A Nation in Economic Distress Nepal’s economy stands on precarious ground, teetering under growing fiscal pressures and systemic inefficiencies. While political discourse remains consumed with constitutional amendments and geopolitical strategies, the economic reality of diminishing revenues, growing debt, and sluggish governance paints a somber picture. This article delves deep into Nepal’s economic challenges, indicators, and potential recovery paths, unpacking the story behind the numbers.Dipesh Ghimire·9 Dec, 2024