Sagarmatha ascent: Over Rs 500 million collected in royalty
Sagarmatha ascent: Over Rs 500 million collected in royalty
Kathmandu, April 20: With the season of Sagarmatha ascent, the government has been able to collect over Rs 500 million in royalty.
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265 cottage and small industries shut down in Banke
265 cottage and small industries shut down in Banke
Ranjha (Banke), April 20: Altogether 265 cottage and small industries have been closed in Banke district in the last nine months of the current fiscal year, 2023/24.
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Time to devote to economic prosperity: DPM Shrestha
Time to devote to economic prosperity: DPM Shrestha
Kathmandu, April 20: Deputy Prime Minister and Foreign Minister Narayan Kaji Shrestha has said the time has come to devote to economic prosperity by validating the political change.
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Bolstering Rural Infrastructure To Check Migration
Bolstering Rural Infrastructure To Check Migration
Migration is both internal and international economic phenomena since the ancient times. This trend is rapidly increasing day by day with the development of transport and communication, as well as ...
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. 8 hour ago
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Decline in honey production frustrates farmers
Decline in honey production frustrates farmers
By Our Correspondent,Bardibas, Apr. 20; Honey production from the Mahottari forest witnessed a decline this year. According to bee-keeping farmers in Mahottari, honey production has unexpectedly de...
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1,063 MW Upper Arun receives World Bank nod
1,063 MW Upper Arun receives World Bank nod
Finance Ministry says the bank has agreed ‘in principle’ to lead the consortium of international financiers for developing the $1.71 billion project. The World Bank has agreed “in principle” to le...
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Today’s foreign currency exchange rates
Today’s foreign currency exchange rates
Image for Representation KATHMANDU: Nepal Rastra Bank (NRB) has fixed the exchange rate of foreign currency for April 20, 2024. According to the NRB, the buying rate of one US dollar has been fix...
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. 11 hour ago
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Deal reached with WB on financial management of Arun Hydel
Deal reached with WB on financial management of Arun Hydel
By A Staff Reporter,Kathmandu, Apr. 20: Finance Minister Barsaman Pun and the World Bank senior leadership have agreed in principle on the financial management of the 1,063 MW Upper Arun Semi-reser...
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. 12 hour ago
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WB to take financial management lead for proposed Upper Arun Project
WB to take financial management lead for proposed Upper Arun Project
Kathmandu, April 19: An agreement in principle has been reached for the financial management of the proposed 1063-megawatt Upper Arun Semi-Reservoir Hydropower project in Sankhuwasabha district.
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. 19 hour ago
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Minister Bhandari assures of new policy to re-operate defunct or sick industries
Minister Bhandari assures of new policy to re-operate defunct or sick industries
Narayangadh (Chitwan), April 19: Minister for Industry, Commerce and Supplies Damodar Bhandari assured that the incumbent government would roll out a new policy to revive defunct or sick industries.
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. 23 hour ago
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Gold price up Rs 700 per tola
Gold price up Rs 700 per tola
Kathmandu, April 19: The price of gold has climbed in the domestic market today as well. According to the Federation of Nepal Gold and Silver Dealers' Association, the price of hallmark gold has go...
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Cryptocurrencies: A potential game-changer for Nepali migrant workers’ remittances
Cryptocurrencies: A potential game-changer for Nepali migrant workers’ remittances
In a world where financial borders are becoming increasingly blurred, the role of cryptocurrencies in facilitating cross-border transactions has gained significant attention. For Nepali migrant wor...
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. 1 day ago
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Gold price down by Rs 700 per tola today
Gold price down by Rs 700 per tola today
Image for Representation KATHMANDU: Gold price decreased by Rs 700 per tola in the domestic market today. According to the Nepal Gold and Silver Dealers’ Association, the price of fine gold has b...
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. 1 day ago
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Prospects Of Berry Cultivation In Nepal
Prospects Of Berry Cultivation In Nepal
During my stay in the USA, I used to visit the grocery stores with my daughter. I was surprised to see that one can consume fruits like mangoes, oranges, apples, grapes, avocados, bananas, and berr...
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. 1 day ago
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Towards Greener Economy
Towards Greener Economy
A green economy is a low carbon, resource efficient and socially inclusive economy, according to United Nations Environment Programme (UNEP). Such an economy seeks to drive employment and income gr...
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. 1 day ago
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Accountants have vital role to keep country’s economy vibrant: Minister Bhandari
Accountants have vital role to keep country’s economy vibrant: Minister Bhandari
By A Staff Reporter,Kathmandu, Apr. 19: Minister for Industry, Commerce and Supplies Damodar Bhandari has said that there has been an improvement in the economy which was sluggish for some time.
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Decoding NEPSE’s surprise moves
Decoding NEPSE’s surprise moves
We are comparing the current performance with its index during Covid-19, which is irrational. The Nepal Stock Exchange (NEPSE) is as dramatic and misleading as Nepali politics. Following a sudden ...
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. 1 day ago
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Central bank panel proposes monthly QR code payment limit at IRs100,000 for Nepalis in India
Central bank panel proposes monthly QR code payment limit at IRs100,000 for Nepalis in India
But the limit does not apply for payments to be made for services in hotels, hospitals and chemist shops in India. A panel formed by Nepal’s central bank has suggested capping payments made via qu...
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. 1 day ago
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Today’s foreign exchange rates
Today’s foreign exchange rates
Image for Representation KATHMANDU: The Nepal Rastra Bank (NRB) has fixed the exchange rate of foreign currency for today (April 19, 2024). According to NRB, the buying rate of one US dollar has ...
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. 1 day ago
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Tatopani customs exceeds revenue target
Tatopani customs exceeds revenue target
Tatopani Customs Point KATHMANDU: The Tatopani Customs Office has surpassed its revenue target for the first nine months of the current fiscal year. Customs Chief Dayananda KC announced that the ...
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. 2 day ago
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Revenue collection surpasses target in Tatopani customs
Revenue collection surpasses target in Tatopani customs
Sindhupalchowk, April 18: The Tatopani Customs Office has collected more revenue than the target during the first nine months of the current fiscal year.
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NEPSE: All stock market indices fell, with the NEPSE at 1972 points
NEPSE: All stock market indices fell, with the NEPSE at 1972 points
Kathmandu, April 17 On Thursday, the last trading day of the week, all the stock market indices fell. The NEPSE index fell by 19.56 points compared to the previous day. After the reduction of that...
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. 2 day ago
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Country’s economy improving gradually: Minister Bhandari
Country’s economy improving gradually: Minister Bhandari
Minister for Industry, Commerce and Supplies Damodar Bhandari/File Photo KATHMANDU: Minister for Industry, Commerce and Supplies Damodar Bhandari has argued that the country’s economy is improving...
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. 2 day ago
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Minister Bhandari says economy improving gradually
Minister Bhandari says economy improving gradually
Kathmandu, April 18: Minister for Industry, Commerce and Supplies Damodar Bhandari has argued that the country's economy is improving gradually.
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16 hydel projects under development in Tamor river
16 hydel projects under development in Tamor river
Taplejung, April 18: The district of Taplejung has received a huge investment in hydropower projects in the Tamor River, the main river in the district, and other rivers.
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. 2 day ago
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Prioritize Nepal for adaptation funds, says Finance Minister Pun
Prioritize Nepal for adaptation funds, says Finance Minister Pun
Kathmandu, April 18: Finance Minister Barshaman Pun has said that underdeveloped Himalayan nations like Nepal should be prioritized for access to compensation, biodiversity, and adaptation funds es...
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Gold price down by Rs 600 per tola today
Gold price down by Rs 600 per tola today
Image for Representation KATHMANDU: Gold price decreased by Rs 600 per tola in the domestic market today. According to the Nepal Gold and Silver Dealers’ Association, the price of fine gold has b...
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. 2 day ago
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Shore Up Adaptive Social Protection
Shore Up Adaptive Social Protection
Improving people’s living conditions and creating a resilient society is a daunting task. Lifting Nepal’s 20.27 per cent people, who are currently below the national poverty line, out of poverty de...
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. 2 day ago
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UK inflation falls to lowest level as food prices ease further
UK inflation falls to lowest level as food prices ease further
London, Apr. 18: Inflation in the U.K. fell to its lowest level in two and a half years in March after a further easing in food prices, official figures showed Wednesday, a development which could ...
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Attracting Investors
Attracting Investors
Despite having abundant natural resources, Nepal has been unable to tap them in the absence of capital, technology and competent human resources. Nepal began to interact with the outside world more...
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. 2 day ago
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Political uncertainty clouds Nepal’s investment summit
Political uncertainty clouds Nepal’s investment summit
Government plans to dangle 148 potential projects before investors at the third investment summit starting April 28. The government plans to dangle 148 potential projects, with nearly Rs900 billio...
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. 2 day ago
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Japan records a trade deficit despite recovering exports
Japan records a trade deficit despite recovering exports
Tokyo, Apr. 18: Japan recorded a trade deficit for the third straight fiscal year as the costs of energy and other imports rose and the yen remained weak.
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. 2 day ago
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Today’s foreign exchange rates
Today’s foreign exchange rates
Image for Representation KATHMANDU: The Nepal Rastra Bank (NRB) has fixed the exchange rate of foreign currency for April 18, 2024. According to the NRB, the buying rate of one US dollar has reac...
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. 2 day ago
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Finance Minister draws US investors' attention to Nepal
Finance Minister draws US investors' attention to Nepal
Washington DC, April 17: Finance Minister Barshaman Pun, who is currently on a visit to the US, has drawn US investors' attention towards Nepal. He urged them to identify investment opportunities.
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Finance Minister Pun encourages US investors to engage in Investment Summit
Finance Minister Pun encourages US investors to engage in Investment Summit
Finance Minister Barshaman Pun attending a program organized in USA/ Photo: Minister Pun's Secretariat. WASHINGTON DC: Finance Minister Barshaman Pun, presently in the United States, has urged Ame...
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. 3 day ago
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Finance Minister meets WB Vice Presidents, seeks WB’s more investment in Nepal
Finance Minister meets WB Vice Presidents, seeks WB’s more investment in Nepal
Kathmandu, April 17: Finance Minister Barsha Man Pun last night held separate meetings with World Bank (WB) Group Vice Presidents Akihiko Nishio (Development Finance) and Guangzhe Chen (Infrastruct...
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. 3 day ago
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Finance Minister meets WB Vice Presidents, seeks WB's more investment in Nepal
Finance Minister meets WB Vice Presidents, seeks WB's more investment in Nepal
Kathmandu, April 17: Finance Minister Barsha Man Pun last night held separate meetings with World Bank (WB) Group Vice Presidents Akihiko Nishio (Development Finance) and Guangzhe Chen (Infrastruct...
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. 3 day ago
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Finance Minister Pun urges World Bank officials to increase investment in Nepal
Finance Minister Pun urges World Bank officials to increase investment in Nepal
Finance Minister Pun and World Bank Vice President Guangzhe Chen discussed the Bank’s financing for the Upper Arun Hydro Project. Finance Minister Barshaman Pun has urged World Bank officials to i...
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. 3 day ago
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Handicraft becoming lucrative business for women in Dang
Handicraft becoming lucrative business for women in Dang
Ghorahi (Dang), April 17: Local women have been earning up high incomes by involving them in different professions and businesses.
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. 3 day ago
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Gold price remains unchanged today
Gold price remains unchanged today
Image for Representation KATHMANDU: Gold price remained unchanged in the domestic market today. According to the Nepal Gold and Silver Dealers’ Association, the price of fine gold has been fixed ...
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. 3 day ago
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Finance Minister Pun advocates for increased World Bank investment in Nepal
Finance Minister Pun advocates for increased World Bank investment in Nepal
Finance Minister Barsa Man Pun in meeting with officials of World Bank in Washington. KATHMANDU: Finance Minister Barsa Man Pun engaged in discussions with Akihiko (Aki) Nishio, Vice President of ...
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. 3 day ago
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Invest in tourism infrastructure: Dhakal
Invest in tourism infrastructure: Dhakal
By A Staff Reporter,Kathmandu, Apr. 17: President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Chandra Prasad Dhakal has requested to join the campaign for construction a...
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. 3 day ago
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Outlook of world economy brighter: IMF
Outlook of world economy brighter: IMF
Washington, Apr. 17 : The International Monetary Fund has upgraded its outlook for the global economy this year, saying the world appears headed for a "soft landing" — reining in inflation withou...
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. 3 day ago
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JCB strengthens its business in Nepal
JCB strengthens its business in Nepal
The dealership has its headquarters in Kathmandu and has 32 outlets spread across Nepal along with three operator training institutes where candidates are trained to Operate JCB machines. The worl...
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. 3 day ago
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Today’s foreign exchange rates
Today’s foreign exchange rates
Image for Representation KATHMANDU: The Nepal Rastra Bank (NRB) has fixed the exchange rate of foreign currency for April 17, 2024. According to NRB, the buying rate of one US dollar has been fix...
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. 3 day ago
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3rd national convention of accounting professionals being held this week
3rd national convention of accounting professionals being held this week
By A Staff Reporter,Kathmandu, Apr. 17: The 3rd National Convention of Accounting Professionals will be held in the capital from Thursday (April 18, 2024).
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Over 150 projects to be showcased in Investment Summit
Over 150 projects to be showcased in Investment Summit
Kathmandu, Apr. 17:The Office of Investment Board Nepal (OIBN) has prepared a list of 151 projects for showcasing to foreign investors at the 3rd Nepal Investment Summit 2024 to be held on April 28...
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. 3 day ago
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Public-private partnership can bring dynamism in economy: PM
Public-private partnership can bring dynamism in economy: PM
By A Staff Reporter,Kathmandu, Apr. 17: Prime Minister Pushpa Kamal Dahal 'Prachanda' has said that the sluggish economy can be made dynamic through cooperation with the private sector.
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Experts suggest to bring implementable budget
Experts suggest to bring implementable budget
Kathmandu, April 16: Economists and experts have urged the government to introduce a practicable budget for the upcoming fiscal year.
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. 4 day ago
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NEPSE climbs down below 2000 points, declines by double digit again
NEPSE climbs down below 2000 points, declines by double digit again
Image for Representation. KATHMANDU: The Nepal Stock Exchange (NEPSE) witnessed a double-digit decline, leading the stock market below two thousand points, on Tuesday. The stock market fell to 19...
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. 4 day ago
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