Economy

Initiate construction of Nijgadh international airport with Nepali investment

Tunnel way

Kathmandu / March 20: The Finance Committee of Legislature-Parliament has directed the government to construct Nijgadh International Airport and Kathmandu-Tarai Madhes fast track with its own investment. A committee meeting today directed the government to initiate the constructions at the earliest with the investment and skills of Nepal. The committee chairman Prakash Jwala said that […]


FNCCI chair calls not close industries in name of movement

FNCCI

Janakpurdham / March 19: President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Pashupati Murarka has called for ending the trend of targeting the industrialists and business community in the name of agitation movement. Addressing the 49th annual general meeting of the Janakpur Chamber of Commerce and Industry here today, he said […]


NRB releases silver coin with statesman’s portrait

Memorial Coin

Kathmandu / March 18: Nepal Rastra Bank (NRB) today launched a commemorative coin depicting a portrait of statesman Ganeshman Singh, the first of its kind. Coinciding with freedom fighter Singh’s birth centenary, the NRB issued the silver coin with the leader’s portrait at a joint programme organised by the NRB and the Ganeshman Singh Foundation […]


MPs want concrete deal on West Seti project during PM’s China visit

seti river

Kathmandu / March 14: Lawmakers from the Farwestern region have suggested on reaching a concrete agreement on pushing the West Seti Hydroelectricity Project ahead during Prime Minister KP Sharma Oli’s upcoming visit to China. Although a memorandum of understanding has been reached between the Investment Board Nepal and a subsidiary of the Chinese investor Three […]


Solar Mini-Grid inaugurated in Chamistar and Bahuni Danda

solar panel

Khotang / March 14: Solar Mini-Grid projects set up at the Bahuni Danda and Chamistaar VDC at the western part of the district today came into operation as part of the government’s plan to reduce power burden. Minister for Population and Environment, Bishwendra Paswan, inaugurated the Solar Mini Grid projects in both the areas. Minister […]


Discrimination in course of budget and plans formulation to be ended: Finance State Minister

Finance Ministry

Dadeldhura / March 11: Minister of State for Finance, Damodar Bhandari, has said that the discrimination toward the Far-western region in course of formulating budget and plans would be ended. Bhandari, who has been taking responsibility of state minister for finance for the first time from the far-western development region, said that he would take […]


Chaudhary continues to maintain place in Forbes billionaires’ list

Binod Chaudhary

Kathmandu / March 10: The Forbes magazine published from the US has included Nepali industrialist Binod Chaudhary in the world billionaires list of 2016. Chairman of the Chaudhary Group, owns the properties worth 1.1 billion US dollars (some Rs 110 billion). The list made public by the magazine on Wednesday said Chaudhary stands 577th among […]


Industrial corridor operation in each province on card-Minister Pandey

Som Prasad Pandey

Morang / March 9: Minister for Industry Som Prasad Pandey has said the government would operate industrial corridor in all seven provinces. At a programme organized by Morang Trade Association on Tuesday, Minister Pandey said the government would arrange at least 1,000 bighas of land in each province and implement the corridor operation policy which […]


Government will boost performance, Finance Minister Poudel

Finance Minister Poudel

Butwal / March 8: Minister for Finance Bishnu Poudel has said the incumbent government would be the last one from the Legislature-Parliament. He ruled out any chance for the change of guard as the government has possessed a clear majority in the parliament. Minister Poudel, also the deputy general secretary of CPN-UML, hinted at the […]


Five new storage centres for fuel: Supplies Minister

Oil Storage Point

Jhapa / February 28: Minister for Commerce and Supplies Ganesh Man Pun has said that fuel supplies would be eased soon. Speaking at a press meet at Birtamod today, Minister Pun said the current scarcity was because fuel being received from India was not in sufficient quantity. He said the storage capacity for fuel would […]




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