32 kgs of Yarsagumba exported from Manang
32 kgs of Yarsagumba exported from Manang
Manang, July 27: The work of Yarsagumba or Cordyceps sinensis collection has been completed in the lower belt of Manang. A total of 32.5 kgs of Yarsagumba has been exported from lower Manang this s...
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Navigating Nepal's Transition From LDC Status
Navigating Nepal's Transition From LDC Status
Nepal’s impending graduation from the Least Developed Country (LDC) category is both a significant milestone and a complex challenge. This transition, slated for 2026, signifies the country's progr...
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Rong collects Rs. 1.9 million for students from 'saving one rupee a day'
Rong collects Rs. 1.9 million for students from 'saving one rupee a day'
BY PREM ADHIKARI,Ilam, July 27: Rong Rural Municipality in Ilam has collected over Rs. 1.9 million in eight months through children's savings accounts operated in community schools.
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Average stay of tourists in Gandaki is 12 days
Average stay of tourists in Gandaki is 12 days
By Santosh Subedi,Kaski, July 27: The average stay of tourists visiting Gandaki Province is 12 days and their average daily expenditure is Rs. 8,355.29 (USD 62.89).
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Rate cuts, payment extension as Nepal moves to ‘easing’
Rate cuts, payment extension as Nepal moves to ‘easing’
For the first time, central bank admits the country suffered an ‘economic slowdown’ in the past two consecutive years. Nepal’s private sector has been sailing in troubled waters. The central bank...
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Flexible policy to support private sector, economic growth
Flexible policy to support private sector, economic growth
Kathmandu, July 27: The Nepal Rastra Bank (NRB) has unveiled a ‘cautiously flexible’ Monetary Policy for the current Fiscal Year 2024/25, removing the ceiling of margin lending for institutional i...
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Market welcomes fresh monetary policy: PM Oli
Market welcomes fresh monetary policy: PM Oli
Kathmandu, July 26: Prime Minister KP Sharma Oli has said a fresh monetary policy issued by the Nepal Rastra Bank on Friday was well-received and supported by the public.
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Monetary Policy helps for loan expansion: Governor Adhikari
Monetary Policy helps for loan expansion: Governor Adhikari
Kathmandu, July 26: Governor of the Nepal Rastra Bank (NRB), Maha Prasad Adhikari, has said the monetary police released today would ease in loan expansion of banks and financial institutions.
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Monetary Policy 2024/25: New policy facilitates five provisions of budget
Monetary Policy 2024/25: New policy facilitates five provisions of budget
Kathmandu, July 26: The new Monetary Policy for current fiscal year 2024/25 has some special arrangements to implement and facilitate various five provisions in the budget of the current fiscal yea...
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Monetary Policy encourages microfinance institutions for merger
Monetary Policy encourages microfinance institutions for merger
Kathmandu, July 26: The Nepal Rastra Bank (NRB) has unveiled a monetary policy for the current fiscal year with a target of encouraging microfinance institutions to merge.
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Monetary Policy 2024/25: Bank rate and deposit collection rate lowered
Monetary Policy 2024/25: Bank rate and deposit collection rate lowered
Kathmandu, July 26: Nepal Rastra Bank (NRB) has unveiled the Monetary Policy for Fiscal Year 2024/25 today. Through this policy, the central bank of the country has slashed the bank rate and the de...
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Limit of foreign currency for import increases to USD 50000
Limit of foreign currency for import increases to USD 50000
Kathmandu, July 26: The monetary policy 2024/25 has lifted limit of the existing foreign currency exchange facility to USD 50,000 from previous USD 35000. NRB, while today revealing its monetary p...
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Limit of foreign currency for import increases to USD 50000
Limit of foreign currency for import increases to USD 50000
By TRN Online, Kathmandu, July 26: The monetary policy 2024/25 has lifted limit of the existing foreign currency exchange facility to USD 50,000 from previous USD 35000.
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NRB decreases policy rates
NRB decreases policy rates
Kathmandu, July 26: Nepal Rastra Bank (NRB) has decrease the policy rates to 5 per cent from previous 5.5 per cent. . The Monetary policy 2024/25 unveiled today has revealed that bank rate which i...
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Limit for Margin loan to end
Limit for Margin loan to end
By TRN Online, Kathmandu, July 26: The monetary policy 2024/25 has stated that a limit of margin type of loan of Rs 200 million will be ended.
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NRB decreases policy rates
NRB decreases policy rates
By TRN ONline, Kathmandu , July 26: Nepal Rastra Bank (NRB) has decrease the policy rates to 5 per cent from previous 5.5 per cent. .
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Inflation within target and external sector robust: Governor Adhikiri
Inflation within target and external sector robust: Governor Adhikiri
By TRN Online, Kathmandu, July 26: Nepal Rastra Bank (NRB) has revealed that the monetary policy 2024/25 today.
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Monetary policy 2024/25 unveils
Monetary policy 2024/25 unveils
By TRN Online, Kathmandu, July 26: The Nepal Rastra Bank has unveiled its monetary policy 2024/25 today.
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NICCI delegation meets Energy Minister Dipak Khadka
NICCI delegation meets Energy Minister Dipak Khadka
Meeting focused on attracting foreign investments, project development, and capacity enhancement in the energy sector The Nepal-India Chamber of Commerce and Industry held a meeting with the newly...
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. 22 hour ago
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Sharma's Foray In Floral Waste To Empower Women
Sharma's Foray In Floral Waste To Empower Women
Not many people know Shushma Sharma (Wosti), let alone her innovative enterprise to change the lives of scores of women, but this dynamic woman who resigned her lucrative job at NMB Bank to quietly...
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Protecting Crops From Monkeys In Mid-hills
Protecting Crops From Monkeys In Mid-hills
Crop damage from wild animals like monkeys, wild boar, porcupines and birds has drastically increased in recent years in the mid-hills of Nepal. The damage to the maize crop from monkeys ranges fro...
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Demand for Nepali tea abroad reviving
Demand for Nepali tea abroad reviving
By Prem Adhikari,Ilam, July 26: The international market of Nepali tea, which had waned after the outbreak of the COVID-19 pandemic in 2020, has seen signs of improvement recently.
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Industrial districts unable to propel private sector growth
Industrial districts unable to propel private sector growth
Average industry capacity utilisation fell to 58.47 percent in third quarter of the fiscal year 2023-24, compared to 62.31 percent in the second quarter. Nepal has ten industrial districts, but th...
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Wealth distribution among provinces
Wealth distribution among provinces
The wealth distribution data from the 2021 census provides essential insights for targeted policy interventions. Nepal boasts a history of 110 years of undertaking decennial population censuses, s...
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Atmosphere for Investment should be improved: PM Oli
Atmosphere for Investment should be improved: PM Oli
Kathmandu, July 25: Prime Minister KP Sharma Oli has said that the environment for investment in the country should be improved to attract more domestic and foreign investment.
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Herbs worth Rs 81 million exported via Kakadbhitta in last fiscal year
Herbs worth Rs 81 million exported via Kakadbhitta in last fiscal year
Jhapa, July 25: Herbs worth around Rs 81 million was exported from Kakadbhitta customs check point in the fiscal year 2023/24.
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11 new industries under construction at Hetauda Industrial Area
11 new industries under construction at Hetauda Industrial Area
By Our Correspondent,Hetaunda, July 25: Eleven new industries are under construction at the Hetauda Industrial Area (HIA), the largest industrial area in the country. Their construction work was be...
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NEPSE: Stock market halts at 2536 points, transactions exceed Rs 16 billion
NEPSE: Stock market halts at 2536 points, transactions exceed Rs 16 billion
Kathmandu, July 24 Within 26 minutes of opening on Wednesday, the Nepal Stock Exchange (NEPSE) index reached 2600 points. Following some fluctuations, the market eventually fell to 2536 points, ma...
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. 3 day ago
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Task Of Job Creation
Task Of Job Creation
As Nepal is struggling to get economy back on an even keel, widespread unemployment has posed a serious problem to achieve inclusive growth. Ironically, the joblessness has soared at a time when th...
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Nepal to set standards for chhurpi as export potential grows
Nepal to set standards for chhurpi as export potential grows
In the last fiscal year, the country exported 1,646 tonnes of chhurpi, known in the West as dog chew, worth Rs3.18 billion. Nepal’s quality watchdog has proposed new standards for Chhurpi, in a mo...
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Selling of betelnut leaves beneficial in Urlabari
Selling of betelnut leaves beneficial in Urlabari
By Our Correspondent,Urlabari, July 23: Khagendra Raj Bhandari of Phadanika Letang-2 of Morang sold betelnut leaves worth Rs 7,000 last year. He has planted 150 betel nut trees.
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Year after year, development expense remains meager
Year after year, development expense remains meager
Kathmandu, July 24: Use of development budget in Nepal has remained meagre for the last five years as it remained below two-third of the total allocation.
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Foreign Minister urges consular to work for bringing world technology
Foreign Minister urges consular to work for bringing world technology
Kathmandu, July 23: Minister for Foreign Affairs Dr Arzu Rana Deuba urged the honorary consulars serving in Nepal to work for importing world's prosperity and technology to Nepal through economic d...
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Finance Ministry identifies 46 challenges of Nepal's economy
Finance Ministry identifies 46 challenges of Nepal's economy
Kathmandu, July 23: The officials of the Finance Ministry on Tuesday briefed Finance Minister Bishnu Prasad Poudel about the country's economic challenges and the measures to resolve those issues.
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NEA Board decides to resume electricity supply to industries
NEA Board decides to resume electricity supply to industries
Kathmandu, July 23: A meeting of the Nepal Electricity Authority (NEA) Board of Directors has decided to resume electricity supply to different six industries.
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Nepal Electricity Authority to restore power to six industries
Nepal Electricity Authority to restore power to six industries
The Electricity Regulatory Commission has directed the power authority to initiate the resumption from this evening. Six industries previously affected by power cuts imposed by the Nepal Electrici...
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. 4 day ago
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NEPSE: Stock market rose by 3.02 per cent
NEPSE: Stock market rose by 3.02 per cent
Kathmandu, July 23 The stock market rose 3.02 per cent on Tuesday. NEPSE index increased by 75.33 points and remained at 2563 points. This number is the highest since March 30, 2022. On this day,...
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. 4 day ago
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Lawmaker Giri demands immediate resumption of power supply to industries
Lawmaker Giri demands immediate resumption of power supply to industries
Kathmandu, July 23: CPN (UML) lawmaker Padam Giri has said a situation of shutting down the industries for not getting electricity should be ended.
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India boosts spending on job creation, rural areas in first budget after election
India boosts spending on job creation, rural areas in first budget after election
The government will spend $24 billion on job-spurring efforts over the next five years and $32 billion on rural development this year. India struck a balance between greater spending on jobs and r...
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Cash crops worth over Rs 15 billion exported to India from Kakarvitta point
Cash crops worth over Rs 15 billion exported to India from Kakarvitta point
Jhapa, July 23: Kakarvitta, a key transit point in Jhapa of eastern Nepal, exported cash crops including cardamom, tea leaves, ginger, and broom grass worth over Rs 15.33 billion in the fiscal year...
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Nepal's foreign trade deficit stands at Rs 1,440 billion in last fiscal year
Nepal's foreign trade deficit stands at Rs 1,440 billion in last fiscal year
Kathmandu, July 23: Nepal suffered a trade deficit of Rs 1,440 billion while carrying out a foreign trade of total Rs 1,745 billion in the last fiscal year 2023/24.
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Millet import on rise in Nepal
Millet import on rise in Nepal
Jhapa, July 23: At a time when we still call Nepal an agricultural country, the import of agricultural products can be startling, for there is a continuous rise.
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. 4 day ago
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Oil import bill down by Rs15.36 billion. But there is little to cheer about
Oil import bill down by Rs15.36 billion. But there is little to cheer about
Nepal’s trade declined by 1.33 percent to Rs1.74 trillion, or by Rs23.50 billion, in 2023-2024. Nepal’s petroleum imports dropped by 4.35 percent to Rs337.34 billion in the last fiscal year ended ...
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. 4 day ago
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Gauli makes Rs. 1.6 million income selling dragon fruit in a year
Gauli makes Rs. 1.6 million income selling dragon fruit in a year
Tanahu, July 23: A farmer Kalpana Gauli of Vyas municipality-5 in the district earned Rs 1.6 million selling dragon fruit last year.
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Trade deficit stands at Rs. 1,440 bn, export limited to Rs.152 bn
Trade deficit stands at Rs. 1,440 bn, export limited to Rs.152 bn
Kathmandu, July 23:The country’s foreign trade has shrunk marginally in the last fiscal year 2023/24.
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Professional Educators and Nepal Life Insurance Company sign equity investment agreement
Professional Educators and Nepal Life Insurance Company sign equity investment agreement
The institutional collaboration marks a milestone in Nepal’s educational arena, the company claims. Professional Educators and Nepal Life Insurance Company have signed an equity investment agreeme...
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. 5 day ago
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NEPSE: Stock market reaches 2500 three times, ends day at 2488
NEPSE: Stock market reaches 2500 three times, ends day at 2488
Kathmandu, July 22 On Monday, there was a sharp fluctuation in the stock market throughout the day. On this day, the market exceeded 2,500 points three times, but at the time of closing, it remain...
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. 5 day ago
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Foreign tourists spend 86 US dollars per day
Foreign tourists spend 86 US dollars per day
Kathmandu. Despite celebrating the decade of tourism from 2023 to 2033, Nepal does not receive daily expenses of foreign tourists exceeding 100 US dollars. Additionally, foreign tourists primarily ...
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. 5 day ago
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Bid For Big Sports
Bid For Big Sports
Karnali Province that is known as the economic backwater has received limelight after the country adopted federal governance system. For centuries, it was overshadowed due to the discrimination fro...
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Public debt reaches Rs. 2,433.23 billion adding Rs. 134.68 billion in FY 2023/24
Public debt reaches Rs. 2,433.23 billion adding Rs. 134.68 billion in FY 2023/24
Kathmandu, July 22: The total outstanding debt of the government reached Rs. 2,433.23 billion by the end of the last fiscal year 2023/24.
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