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Nepal

Today might see some light rain and snow in different part of Nepal.

by Hamro Colleges December 31, 2022

written by Hamro Colleges

The weather will be partly overcast to normal in most regions of the nation due to the impact of westerly winds, with light rain and snow in certain areas.

According to the Department of Hydrology and Meteorology, there is a chance of light rain in one or two locations in Province No. 1, Gandaki, Karnali, and Sudurpaschim Province, as well as a chance of light snowfall in a few areas in the country’s mountain areas. Furthermore, fog is predicted in several Terai locations, affecting everyday life and travel.

Today’s midnight will see a partial to normal change in the hilly areas of Province No. 1, Bagmati, and Gandaki provinces, with clear skies in the other places.

There is a chance of light snowfall in one or two spots in Province No. 1’s mountainous regions of Bagmati, Gandaki, and Karnali.

The minimum temperature in Kathmandu Valley today is 4.0 degrees Celsius, while the maximum temperature is 16.2 degrees Celsius, according to the most current official data. Similarly, the lowest minimum temperature today is 0.9 degrees Celsius in Jiri and the maximum is 23.7 degrees Celsius in Biratnagar.

December 31, 2022 0 comment

Bank Payment

ASBA / CASBA Charges of Banks in Nepal.

by Hamro Colleges December 5, 2022

written by Hamro Colleges

If you are applying for an Initial Public Offering (IPO), you may already be aware of the C-ASBA charge that is debited from your bank account. This ASBA or C-ASBA charge is not regulated and hence varies between banks. It is not the same in all banks; just a few charge no CASBA fee, many charge Rs. 10 to Rs. 20, and others charge up to Rs. 100 for every application. Because it is payable while applying for an IPO, many Nepalese refer to the ASBA/CASBA charge as the IPO charge.

In this article, we will learn about the ASBA/CASBA fees charged by several commercial banks in Nepal. And do you know why the bank charges the CASBA fee when you apply for an IPO?

What is ASBA?

This implies that the sum invested is held in the investors’ bank account until the securities (shares/debentures) are issued. Following allotment, the allotted amount is withdrawn from his/her respective bank account, and any remaining blocked funds are released.

What is C-ASBA?

CDS & Clearing created integrated software C-ASBA to make the ASBA system more structured, accessible, and efficient. Previously, ASBA member banks and financial organizations may apply using their own software. Since Falgun 11, 2074, the C-ASBA system has been in operation.

C-ASBA offers a consolidated system by connecting all banks and financial organizations that provide ASBA-related services and the beneficiary account (Demat account). This enables the verification of the investors’ bank account information prior to entering the investors’ applications.

ASBA/ C-ASBA Charges of Commercial Banks in Nepal?

Currently, many banks in Nepal that offer ASBA services can levy ASBA fees of up to Rs. 5 per application. But in 2022, most of the commercial banks in Nepal have increased their charges from Rs. 5 to up to 100 for each application for ASBA. There are also some commercial banks that do not take ASBA fees.

S.N.	Bank Name	Symbol	ASBA Charges (NPR.)
1.	Agriculture Development Bank Ltd.	ADBL	10
2.	Bank of Kathmandu Ltd.	BOKL	10
3.	Century Commercial Bank Ltd.	CCBL	25
4.	Citizen Bank International Ltd.	CZBIL	20
5.	Civil Bank Ltd.	CBL	20
6.	Everest Bank Ltd.	EBL	20
7.	Global IME Bank Ltd.	GBIME	15
8.	Himalayan Bank Ltd.	HBL	20
9.	Kumari Bank Ltd.	KBL	Free
10.	Laxmi Bank Ltd.	LBL	25
11.	Machhapuchhre Bank Ltd.	MBL	10
12.	Mega Bank Nepal Ltd.	MEGA	25
13.	Nabil Bank Ltd.	NABIL	Free
14.	Nepal Bank Ltd.	NBL	Free
15.	Nepal Credit and Commerce Bank Ltd.	NCCB	10
16.	Nepal Investment Bank Ltd.	NIB	20
17.	Nepal SBI Bank Ltd.	SBI	25
18.	NIC Asia Bank Ltd.	NICA	Free
19.	NMB Bank Ltd.	NMB	20
20.	Prabhu Bank Ltd.	PRVU	10
21.	Prime Commercial Bank Ltd.	PCBL	20
22.	Rastriya Banijya Bank Ltd.	RBB	Free
23.	Sanima Bank Ltd.	SANIMA	Free
24.	Siddhartha Bank Ltd.	SBL	Free
25.	Standard Chartered Bank Nepal Ltd.	SCB	100
26.	Sunrise Bank Ltd.	SRBL	10

*NOTE: Banks periodically alter the ASBA/C-ASBA fee. Please let us know if you spot any errors in the comments area below.

Many banks that formerly provided free C-ASBA services have begun to demand a fee for this service. The reason for this is that numerous firms are currently launching initial public offerings. Similarly, the number of investors applying for IPOs has skyrocketed. This enables banks and financial organizations to generate simple money through the C-ASBA service.

A bank that can gather 100,000 applications may now earn NPR. 5 lakhs for every IPO from the service that was previously provided for free. As a result, we might witness a change in IPO charges in Nepal.

ASBA/ C-ASBA Charges of Development Banks in Nepal?

S.N.	Bank Name	Symbol	ASBA Charges (NPR.)
1.	Garima Bikas Bank	GBBL	10
2.	Kamana Sewa Bikas Bank	KSBBL	20
3.	Lumbini Bikas Bank	LBBL	10
4.	Mahalaxmi Bikas Bank	MLBL	10
5.	Muktinath Bikas Bank	MNBBL	10

*NOTE: Banks periodically alter the ASBA/C-ASBA fee. Please let us know if you spot any errors in the comments area below.

Banks that offer Free ASBA/ C-ASBA Charges in Nepal?

Kumari Bank Limited
Nabil Bank Limited
Nepal Bank Limited
NIC Asia Bank
NMB Bank Limited
Rastriya Banijya Bank
Sanima Bank Limited
Siddhartha Bank Limited

FAQs

What is the difference between ASBA and C-ASBA?

ASBA stands for Application Supported by Blocked Amount. When applying for the purchase of publicly traded shares, ASBA withholds a sum equivalent to the value of the securities applied from the investor’s bank account whereas, CDS & Clearing created integrated software C-ASBA to make the ASBA system more structured, accessible, and efficient.

Is ASBA required for all Investors?

Yes, All retail traders who file for IPOs must go through the ASBA procedure.

Which bank offers free ASBA?

Kumari Bank Limited
Nabil Bank Limited
Nepal Bank Limited
NIC Asia Bank
NMB Bank Limited
Rastriya Banijya Bank
Sanima Bank Limited
Siddhartha Bank Limited

December 5, 2022 1 comment

How To Payment

How to buy FIFA World Cup package in 12 cable operators through eSewa Payment?

by Hamro Colleges November 19, 2022

written by Hamro Colleges

DishHome, WorldLink NetTV, WorldLink NetTV-Epay, ViaTV, Subisu/ClearTV, Mero TV, MaxTV, Prabhu TV, SimTV, BBN TV, and Skycom have reached a deal with Media Hub to display the newly established Himalaya Premium channel and charge consumers to unlock it.

We’ll teach you how to pay the fees digitally. Just follow the instructions below to pay for all nine cable operators.

Open the eSewa app on your device and choose ‘World Cup bundles’ from the top left menu.

Now, Tap on the TV you’re watching and make a payment easily.

The procedure is the same for ClearTV, MaxTV, and BBN TV. You may pay the money by immediately entering your User ID, STB number, and Mobile number.

Also Read: How to watch Free FIFA World Cup Online.

November 19, 2022 0 comment

You-can-also-watch-online-by-NetTV-and-ViaTV.

How To Sports

How to Watch FIFA World Cup 2022 Online in Nepal?

by Hamro Colleges November 8, 2022

written by Hamro Colleges

Nepalis, like the rest of the world, will be watching, talking about, and thinking about football for an entire month when the FIFA World Cup begins on November 20 in Qatar. However, unlike previous editions of the four-yearly competition, Nepali fans would not be able to watch it on television for a little charge.

According to Infantino, who spoke at the World Economic Forum’s annual gathering in May, the previous World Cup was viewed by 4 billion people.

Who Qualified for the 2022 World Cup?

For the first games of the World Cup, qualifying teams are divided into groups. Here are the eight groups, each of which includes four nations.

Group A	Qatar, Ecuador, Senegal, Netherlands
Group B	England, IR Iran, USA, Wales
Group C	Argentina, Saudi Arabia, Mexico, Poland
Group D	France, Denmark, Tunisia, Australia
Group E	Spain, Germany, Japan, Costa Rica
Group F	Belgium, Canada, Morocco, Croatia
Group G	Brazil, Serbia, Switzerland, Cameroon
Group H	Portugal, Ghana, Uruguay, Korea Republic

FIFA Head Gianni Infantino has stated that the 2022 World Cup in Qatar will be the most viewed event in history, with the president of soccer’s global governing organization forecasting five billion spectators.

According to Media Hub, which has secured exclusive broadcasting rights in Nepal, commercials typically pay the program’s cost. This year, though, viewers have to pay an additional fee. This time users have to pay Rs565 per television set in addition to the monthly membership charge to their cable operator.

Membership Cost to watch FIFA World Cup 2022

Customers will have to pay an extra fee to have access to the pay channel. According to their calculations, splitting Rs. 400 million will cost around NRs. 500 for each set-top box used by a subscriber. If you have more than one active STB in your home, you must pay NRs. 500 for each STB individually. It should be noticed that NPR. 500 does not contain VAT; so, adding 13% VAT results in NRR. 565.

How many cable companies have signed up to broadcast?

As is customary, televisions are the most popular way to watch World Cup matches. However, only NetTV and ViaTV have confirmed that the matches would be televised. NetTV and ViaTV have signed up for the broadcast so far. Other cable companies have yet to join up. If other providers do not join the agreement, their customers will be unable to see the matches.

Most Nepalese users obtain their NetTV and ViaTV subscriptions as part of their internet bundle. As a result, it makes it simple for people to subscribe to the packages. If you look at the list of channels, you’ll see two Himalaya TV subscription-based channels dedicated to World Cup matches – Himalaya PREMIUM 1 and Himalaya PREMIUM 2.

Subscriptions can be purchased via digital wallets such as eSewa, Khalti, and ConnectIPS.

Also Read: How to Create ConnectIPS Account | Video

How to buy FIFA World Cup package for all the 9 cable operators through Sewa Payment?

We’ll teach you how to pay the fees digitally. Just follow the instructions below to pay for all nine cable operators.

Open the eSewa app on your device and choose ‘World Cup bundles’ from the top left menu.

Now, Tap on the TV you’re watching and make a payment easily.

The procedure is the same for ClearTV, MaxTV, and BBN TV. You may pay the money by immediately entering your User ID, STB number, and Mobile number.

How to buy World Cup package of NetTV through WorldLink App?

Step 1: Open the Worldlink app on your Device. Click “TV,” select your username, setup box and purchase the World Cup package.

buy fifa football World Cup through eSewa

buy fifa football World Cup through eSewa 2

Kishor Poudel stated that the petition was filed to prevent the corporation from charging extra fees to clients, as no legislation authorizes them to do so.

Meanwhile, Media Hub has stated that they are charging the additional fee since they got the transmission rights after paying Rs 400 million.

How to buy World Cup package of ViaTV through Khalti App

Step 1: Open Khalti or your Wallet app and search for Vianet by tapping on Internet, which is located beneath recharge and bill payment. Now, enter your customer ID and click on the “Get Details” button.

buy fifa football World Cup through khalti

Step 2: Select the “FIFA World Cup Package” from the drop-down menu.

Step 3: Finally, click ‘Pay’ to subscribe FIFA World Cup Package.

If you have NetTV or ViaTV World Cup subscriptions, you may be able to watch the World Cup matches live on your smartphone or tablet. Himalaya TV’s PREMIUM editions are not yet accessible as of the time of writing. However, the IPTV service providers are expected to introduce the option later, before the match begins.

How to buy World Cup package of NetTV through Khalti App

Step 1: Open Khalti or your Wallet app and Tap on TV and then on NetTV under Recharge and Payment.

Step 2: Enter your customer ID and press the ‘get details’ button. Then, choose your set-top box number, select the drop-down menu, and then choose the ‘FIFA World Cup package.’

How to buy World Cup package of NetTV through Khalti App 2

The price and VAT amount will then be displayed to you. The total will be NRP. 565. Pay with a tap. The pay TV service that was launched to broadcast the matches will now be unlocked in the specified STB.

Furthermore, DishHome has stated in a video featuring Mr. Raju Kaji Shakya that DishHome viewers would be able to watch FIFA 2022 matches as well. However, the corporation has not yet made specifics on how to subscribe publicly FIFA World Cup 2022.

Watch FIFA World Cup 2022 for Free.

Many third-party apps that stream Football matches may be found in app stores. If you don’t want to pay for a membership, you may use such applications to watch matches. But be cautious. Many of these programs are deceptive or include adware. Similarly, similar programs have difficulties from time to time.

Also Read: List of 10 Best Free FIFA World Cup 2022 Streaming Websites.

Similarly, just as several streams on Facebook and Twitter broadcast League matches, the same will be true for the World Cup. However, they, like third-party programs, may be vulnerable to adware and malware. Take caution not to be diverted to rogue websites that might compromise your personal information. You may still rely on them as make-do resorts.

Can I watch the World Cup there in real-time on Facebook or YouTube?

FIFA has sold the rights to each country using a geo-locking scheme. As a result, no one else can stream live football on social networking sites like Facebook & Youtube. Furthermore, if the World Cup is broadcast live on social media sites, the artificial intelligence (AI) of the social networks will quickly recognize it and terminate it. The account or page that broadcasts the World Cup live will also be blocked.

Will I be able to see it on Indian or Western television?

The answer is simply No, FIFA has sealed the region while selling television rights, and because Media Hab has the right to transmit live football in Nepal, it is no longer possible to watch football on Indian stations in Nepal as it was previously. Aside from that, Viacom-18’s Sports-18, which has the right to broadcast live football in India, is not even available in Nepal. Apart from Sports-18, no other station in India has the exclusive rights to broadcast the World Cup live.

November 8, 2022 1 comment

Economic

World Bank predicts 5.8 percent GDP growth in 2022.

by Hamro Colleges October 31, 2022

written by Hamro Colleges

According to the World Bank, Nepal’s economic growth rate will reach 5.8 percent in 2022.

On Monday, the World Bank released a study titled ‘Nepal’s Development Update, October 2022,’ estimating that Nepal’s Gross Domestic Product (GDP) will rise by 5.8 percent.
According to the World Bank, Nepal’s GDP would grow by 5.1 percent in 2023 and 4.1 percent in 2024.

Previously, the International Monetary Fund anticipated that Nepal’s economic growth rate will improve by 4.1 percent in 2022 when it released the study ‘Countering the Cast of Living Crisis.’

However, the administration has achieved 8% economic growth in the fiscal year 2022/23.

Similarly, the World Bank predicted that inflation would stay at 6.3 percent in 2022, with a price increase of 5.5 percent in 2023 and 5.3 percent in 2024.

The government, on the other hand, has aimed to limit price increases to 7% in the fiscal year 2022/23.

According to the World Bank, Nepal’s industrial growth would be strong in the agricultural, industrial, and service sectors.

According to the World Bank, the industrial sector will increase by 10.2 percentage points in 2022, while the service sector will grow by 5.9 percentage points and the agriculture sector will grow by 2.3 percentage points.

The World Bank predicts that exports of products and services will expand by 35% in 2022, while imports will increase by 15%.

October 31, 2022 0 comment