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Business

National

Banks struggle to bring spread belo ...

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KATHMANDU: Maintaining interest spread at five per cent still seems to be a struggle for banks, with less than three months remaining for the regulatory cap to come into effect. The interes ...Full story

Govt to launch new communications policy in five m ... KATHMADNU: Minister for Information and Communications (MoIC) Minendra Rijal on Thursday, said that the government will bring a new policy within fi ...Full story

70pc govt services to go online KATHMANDU: The government is coming up with an ambitious plan that aims to make 70 per cent of its services available online by 2018. For this, the ...Full story

Nepal's performance in foreign aid utilisation sti ... KATHMANDU: The country’s performance in foreign aid utilisation did not improve this year as well, as it received a rating of ‘moderately satisfactory’ despite ...Full story

NIC Asia Bank set to issue debentures KATHMANDU: NIC Asia Bank is launching debentures worth Rs 400 million at 7.25 per cent interest rate. The bank will issue ‘7.5% NIC Asia bond 2077’ at par va ...Full story

International

Nokia to name Rajeev Suri as next C ...

Reuters

HELSINKI: Nokia (NOK1V.HE), which is set to close the sale of its phone business to Microsoft (MSFT.O), will on Tuesday name Rajeev Suri as its next CEO and outline its new strategy with a focus on ...Full story

B'desh tragedy boosts 'Made in NYC' NEW YORK: With one hand on a sewing machine and the other on a pair of gray pants, May was a picture of concentration as she carefully stitched the outline for a buttonhole.Full story

Green groups urge US to drop solar trade case aga ... WASHINGTON: Environmental groups urged the United States on Wednesday to drop a challenge to India’s massive solar programme and said the World Trade Organisation (WTO) ca ...Full story

EU institutions vulnerable to corruption: TI BRUSSELS: An independent report made public on Thursday reveals official complacency, complex rules and spotty oversight have left the European Union (EU)’s leading instit ...Full story

Biz Briefs Apple splitting stock SAN FRANCISCO: Apple is doling out more of its cash to shareholders and preparing to split its stock for the first time in nine yea ...Full story