Seminar held on climate risks and green finance opportunities in banking
Seminar held on climate risks and green finance opportunities in banking
Participants stress the need for a regulatory framework to boost Nepal’s green finance market. Participants at a seminar on climate risks and opportunities in Nepal’s banking sector discussed chal...
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Rice yield decreases in Chitwan
Rice yield decreases in Chitwan
Chitwan, Nov 21: Rice harvest has decreased in Chitwan this year compared to the previous year, according to the Agriculture Development Office.
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Intersectionality Dilutes Class Struggle
Intersectionality Dilutes Class Struggle
In his article “Marxism, Identity, and Intersectionality,” published in this daily on August 25, 2024, this author examined class struggle and intersectionality in social movements. Upon further re...
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. 6 hour ago
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Khadka struggles to meet growing demand of organic fertiliser
Khadka struggles to meet growing demand of organic fertiliser
By Hari Prasad Koirala,Urlabari, Nov. 21: Rajib Khadka from Urlabari-9, Morang, is facing a challenge he never anticipated: high demand for his organic fertiliser.
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Bright Economic Outlook
Bright Economic Outlook
Despite challenges, Nepal's economy has continued its relentless march towards recovery and growth, as suggested by Nepal Rastra Bank's report titled 'Current Macroeconomic and Financial Situation'...
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. 7 hour ago
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Ribdikot, Rainadevi to hold orange festival
Ribdikot, Rainadevi to hold orange festival
By Our Correspondent,Tansen, Nov. 21: Two municipalities in Palpa are set to organise an orange festival to promote and market their local produce.
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Agricultural labour shortage in Mahottari
Agricultural labour shortage in Mahottari
Mahottari, Nov. 21: The farmers in the district are swamped with the activities to harvest paddy and cultivate cash crops. Paddy is the major crop.
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. 8 hour ago
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Nepal exports electricity worth Rs 12.72 billion to India in first quarter of current fiscal
Nepal exports electricity worth Rs 12.72 billion to India in first quarter of current fiscal
Kathmandu, November 20 — In the first quarter of the current fiscal year, Nepal supplied electricity worth Rs 12.72 billion to India. According to the Nepal Electricity Authority (NEA), one billio...
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. 22 hour ago
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Nepal exports electricity worth Rs 12.72 billion to India in four months
Nepal exports electricity worth Rs 12.72 billion to India in four months
Kathmandu, Nov 20: In the first quarter of the current fiscal year, Nepal supplied electricity worth Rs 12.72 billion to India.
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. 22 hour ago
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NEPSE rebounds with 9-point gain on Wednesday
NEPSE rebounds with 9-point gain on Wednesday
Kathmandu, November 20 — The NEPSE index declined by 51 points on Tuesday, but it rebounded with a 9-point gain on Wednesday. The market, which started trading at 2,705 points, experienced signific...
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. 23 hour ago
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Public debt increases by Rs 84 billion in three months
Public debt increases by Rs 84 billion in three months
Kathmandu, Nov 20: Around Rs 84 billion public debt has been added in the first four months of the current fiscal year 2081-82 BS (2024-25).
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Public debt increases by Rs 84 billion in three months
Public debt increases by Rs 84 billion in three months
Kathmandu, November 20 — Around Rs 84 billion public debt has been added in the first four months of the current fiscal year 2081-82 BS (2024-25). According to the Public Debt Management Office, Ne...
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. 23 hour ago
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Koshi approves province agriculture promotion grant legislation
Koshi approves province agriculture promotion grant legislation
Biratnagar, Nov 20: The Koshi Province Government has approved the Province Agriculture Promotion Grant Third Amendment Regulations-2081. The proposal for this connection was brought by the provinc...
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. 24 hour ago
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Nepal’s coffee paradox: Imports outweigh exports despite local production
Nepal’s coffee paradox: Imports outweigh exports despite local production
In the fiscal year 2023/24, Nepal exported 89 tons of coffee worth Rs 149.2 million while importing 443 tons worth Rs 419.8 million, highlighting a significant imbalance between coffee production a...
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. 1 day ago
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NRB Governor Adhikari receives 4.5 million rupees in allowances in a year
NRB Governor Adhikari receives 4.5 million rupees in allowances in a year
Kathmandu, November 20 — Governor of Nepal Rastra Bank, Maha Prasad Adhikari, has received a total of 4.497 million rupees in allowances and other benefits in one year. According to the bank's ann...
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. 1 day ago
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15 million appropriated for commercial potato farming
15 million appropriated for commercial potato farming
Parbat, Nov 20: The Agriculture Development Directorate has appropriated Rs 15 million for promoting commercial potato farming.
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. 1 day ago
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FDI commitment of Rs. 17 billion in first four months of FY 2024/25
FDI commitment of Rs. 17 billion in first four months of FY 2024/25
By A Staff Reporter,Kathmandu, Nov.20: Nepal has received the foreign direct investment (FDI) commitments worth Rs. 17.03 billion during the first four months of the current fiscal year 2024/25.
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. 1 day ago
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NCC urges envoy Sharma to facilitate Nepal-India trade
NCC urges envoy Sharma to facilitate Nepal-India trade
By A Staff Reporter,Kathmandu, Nov. 20: The Nepal Chamber of Commerce (NCC) has urged the newly appointed Ambassador to India, Shankar Sharma, to facilitate Nepal-India trade and attract investment...
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Innovate To Elevate
Innovate To Elevate
Nepal is set to graduate to the status of developing country from the least-developed one in 2026. This will be indeed a significant milestone in the country's development trajectory. However, the ...
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. 1 day ago
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Only 8% budget spent in first four months of FY in Bagmati
Only 8% budget spent in first four months of FY in Bagmati
By Our Correspondent,Hetauda, Nov. 20: The budget expenses of the Bagmati Provincial government stood below 8 per cent during the first four months of the current fiscal year 2024/25.
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Inflation goes down to 3.85% as current account records surplus of Rs. 112 billion
Inflation goes down to 3.85% as current account records surplus of Rs. 112 billion
By A Staff Reporter,Kathmandu, Nov. 20: The growth rate of remittance inflow into Nepal has moderated both on year-on-year and monthly basis.
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Floods, landslides incur loss over Rs 13 billion in energy and irrigation sector
Floods, landslides incur loss over Rs 13 billion in energy and irrigation sector
Kathmandu, Nov 19: The floods and landslides triggered by incessant rains throughout the country last September27-28 caused a loss amounting over Rs 13 billion in the energy and irrigation sector.
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. 2 day ago
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DDC eyes export on subdued domestic demand
DDC eyes export on subdued domestic demand
The state-owned dairy corporation is planning to reduce the price of ghee targeting the consumer segment. The state-owned Dairy Development Corporation (DDC) and private dairies have been able to ...
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. 2 day ago
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Banks interest rate comes down
Banks interest rate comes down
By TRN Online, Kathmandu, Nov 19: The weighted average lending rate of commercial banks reduced to 9.33 per cent in mid-October from 12.11 per cent a year ago.
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Consumer inflation comes down to 4.82 per cent
Consumer inflation comes down to 4.82 per cent
By TRN Online, Kathmandu, Nov 19: The consumer price inflation contained at 4.82 per cent in the mid-October 2024 compared to 7.50 per cent a year ago.
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Farmers in Nawalparasi West demand to fix sugarcane support price
Farmers in Nawalparasi West demand to fix sugarcane support price
Sugarcane production in the district estimated at two million quintals this year. Farmers in Nawalparasi West have urged the government to immediately fix the minimum support price of sugarcane, c...
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. 2 day ago
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NEPSE: Stock market drops to 2,702 points
NEPSE: Stock market drops to 2,702 points
Kathmandu, November 19 The Nepal Stock Exchange (NEPSE) index dropped to 2,702 points on Tuesday, a decline of 51.11 points compared to the previous trading day. Along with the market dip, trading...
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. 2 day ago
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Country receives more than Rs 407 billion remittances in three months
Country receives more than Rs 407 billion remittances in three months
Kathmandu, Nov 19: The country has received Rs 407.31 billion in remittances in the first three months of the current fiscal year.
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NRB Report: Inflation at 4.82%, remittances up by 11.5%, exports decline
NRB Report: Inflation at 4.82%, remittances up by 11.5%, exports decline
Kathmandu, November 19 — The Nepal Rastra Bank has released a report based on three months of data, detailing the current economic and financial situation of the country. According to the report m...
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Gold prices surge again: Increase of Rs 2,100 in 2 days
Gold prices surge again: Increase of Rs 2,100 in 2 days
Kathmandu, November 19 Gold prices have been on the rise over the past two days. On Sunday, the price of gold stood at Rs 160,000 per tola. It increased by Rs 1,000 on Monday and climbed further ...
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. 2 day ago
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Insurance claims worth Rs 11.82 billion made
Insurance claims worth Rs 11.82 billion made
Kathmandu, November 19 — Insurance claim worth Rs 11.82 billion has been made for reimbursement for the loss caused by the monsoon-induced disasters that occurred on September 27 and 28. According...
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. 2 day ago
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Gold and silver prices surge in domestic market
Gold and silver prices surge in domestic market
Kathmandu, November 19 — The price of gold in the Nepali market increased by NPR 1,100 per tola (11.66 grams) on Sunday. According to the Federation of Nepal Gold and Silver Dealers’ Association, ...
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. 2 day ago
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Tea export witnesses rise by 69 percent
Tea export witnesses rise by 69 percent
Bhadrapur, November 19 — The Mechi Customs Office has posted a rise of tea export by 69.22 percent in the first quarter of the current fiscal year. The first four months (Saun-Kartik) witnessed the...
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. 2 day ago
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Agricultural labour shortage in Mahottari
Agricultural labour shortage in Mahottari
Mahottari, Nov 19: The farmers in the district are swamped with the activities to harvest paddy and cultivate cash crops. Paddy is the major crop.
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. 2 day ago
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Prioritise West Seti Hydropower Project
Prioritise West Seti Hydropower Project
The Investment Board of Nepal (IBN) has decided to award the contract for the construction of the 750 MW West Seti Hydropower Project to the National Hydroelectric Power Corporation (NHPC) Private ...
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. 2 day ago
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Tea export witnesses rise by 69 percent
Tea export witnesses rise by 69 percent
Bhadrapur, Nov 19: The Mechi Customs Office has posted a rise of tea export by 69.22 percent in the first quarter of the current fiscal year. The first four months (Saun-Kartik) witnessed the expor...
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. 2 day ago
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Marsyangdi Hydropower operating in full capacity
Marsyangdi Hydropower operating in full capacity
By Our Correspondent,Tanahun, Nov. 19: Marsyangdi Hydropower Station located in Aanbookhaireni Rural Municipality-4 of Tanahun is producing electricity at full capacity even in winter season.
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. 2 day ago
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A promising start
A promising start
The export of 40MW of electricity to Bangladesh could herald a sea-change in power trade. Nepal’s hydroelectric potential is huge, with an estimated capacity of 40,000 megawatts. Nonetheless, the ...
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. 2 day ago
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Economic costs of leaders’ rants
Economic costs of leaders’ rants
Directives without well-defined vision cannot stop the economy’s downward spiral. Prime Minister KP Sharma Oli and Finance Minister Bishnu Prasad Paudel appear determined to “solve” the entrenched...
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. 2 day ago
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After a decade, cardamom price exceeds Rs. 100,000/40 kg
After a decade, cardamom price exceeds Rs. 100,000/40 kg
By Our Correspondent,Hile, Nov. 19: The price of cardamom has once again exceeded Rs. 100,000 per 40 kilos. It took 12 years for the price of cardamom, which was low for a long time, to reach Rs. 1...
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. 2 day ago
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Small and Medium Enterprise Development Centre established
Small and Medium Enterprise Development Centre established
Kathmandu, Nov. 18: The Small and Medium Enterprise Development Centre has been established at the Federation of Nepalese Chambers of Commerce and Industry (FNCCI).
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. 3 day ago
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Digital currency: The next evolution in money management
Digital currency: The next evolution in money management
Nepal Rastra Bank (NRB) has outlined an ambitious plan to introduce digital currency under its fourth strategic framework (2022–2026). The central bank aims to pilot wholesale Central Bank Digital ...
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. 3 day ago
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Basnet earning income from mushroom farming
Basnet earning income from mushroom farming
By Hari Prasad Koirala,Urlabari, Nov. 18: Devendra Basnet of Urlabari Municipality-7, Morang, has been engaged in commercial mushroom farming for 18 years.
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Expenditure exceeds income in four months of FY 2024/25
Expenditure exceeds income in four months of FY 2024/25
By A Staff Reporter,Kathmandu, Nov. 18: The revenue of around Rs. 323.27 billion has been collected in the first four months of the current fiscal year 2024/25.
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. 3 day ago
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NEPSE: Stock market rose to 2753, hotel sector gains traction
NEPSE: Stock market rose to 2753, hotel sector gains traction
Kathmandu, November 17 The stock market witnessed transactions worth Rs 11.72 billion on Sunday, marking a 13.5 per cent increase compared to the previous trading day’s Rs 10.32 billion. The NEPS...
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. 4 day ago
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NEPSE index sees modest rise
NEPSE index sees modest rise
Kathmandu, November 17 — The Nepal Stock Exchange (NEPSE) index saw a modest increase on Sunday, the first trading day of the week. While the market rose by just 5 points, the trading volume was no...
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. 4 day ago
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Upadhyay enjoying Banana farming in Banke
Upadhyay enjoying Banana farming in Banke
By Gajendra Gurung, Khajura, Nov 17: Hari Prasad Upadhaya of Khujara Rural Municipality, Banke, has been doing banana farming for the last eight years.
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. 4 day ago
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Gold price drops slightly
Gold price drops slightly
Kathmandu, November 17 — The price of gold in the Nepali market was set at NPR 160,000 per tola (11.66 grams) on Sunday. According to the Federation of Nepal Gold and Silver Dealers' Association, ...
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. 4 day ago
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Government expenditure exceeds revenue in first four months of FY 2024/25
Government expenditure exceeds revenue in first four months of FY 2024/25
Kathmandu, November 17 — During the first four months (mid-July to mid-November) of the current fiscal year 2024/25, the government's expenditure exceeded its revenue. According to data from the Fi...
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. 4 day ago
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NICCI holds discussion on BIS, more issues between Nepal and India
NICCI holds discussion on BIS, more issues between Nepal and India
The participants briefed the envoy on the various issues being faced by the Nepali private sector while doing business with India. Nepal-India Chamber of Commerce and Industry (NICCI) on Friday he...
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. 4 day ago
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