Kathmandu / Dec 7: Nepal has stepped up to receive a loan amounting US $ 400 million from the International Monetary Fund (IMF) under the Extended Credit Facility. According to a press statement issued by the IMF, it is supporting Nepal with a 38-month program to help the country in its process of economic recovery […]
Kathmandu / Dec. 6: The national flag carrier, Nepal Airlines, has been permitted to transport dangerous goods. This is so far the first time in its operational history of 63 years that the National Airlines is allowed to carry dangerous goods in international flight. Regulatory body, Civil Aviation Authority of Nepal has granted permission letter […]
Kathmandu / Dec 2: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has urged the government to simplify the policy and procedural difficulties in taxation. In a meeting with Shova Kanta Poudel, director general of the Inland Revenue Department on Thursday, the umbrella organization of the private sector, expressed its concern. According to […]
Kathmandu / Dec. 1: Prime Minister Sher Bahadur Deuba has urged domestic and foreign investors to invest confidently in the country as he said the government would take all possible efforts to ease the environment conducive for investments and decrease trade costs. “Your investments and properties in Nepal will be secured. I assured that the […]
Ajay Chhetri / Kathmandu, Nov 30: Inflation and cost of the loanable fund remained low in the FY 2020/21. The annual report of Nepal Rastra Bank (NRB) showed that average inflation in the FY 2020/21 remained at 3.60 per cent down from 6.15 per cent a year earlier. Also, the average interest on loan remained […]
Ajay Chhetri / Kathmandu, Nov. 29: The import of electric vehicles (EV) has increased sharply. The Customs Department data reveals that it’s triggered by 164.09 per cent to 4075 up from 1543 in the four months of the current fiscal year (FY) in comparison to the same previous duration. The data also shows a spiking […]
Ajay Chhetri / Kathmandu, Nov. 22: The Nepal Rastra Bank (NRB) survey has shown that 87.1 per cent of the respondents are expecting inflation in the next quarter. According to the Inflation Expectations Survey (IES) of the first quarter, 96.3 per cent of the respondents have expected price levels to increase over the next year. […]
Kathmandu / Nov 18: The government with support of the World Bank (WB) has launched the Rural Enterprise and Economic Development (REED) Project. Minister for Agriculture and Livestock Development Mahindra Ray Yadav and the WB Country Director for Maldives, Nepal, and Sri Lanka Faris Hadad-Zervos jointly launched the project amid a special program held on […]
Ajay Chhetri / Kathmandu, Nov. 17: The federal government expenditure in the first four months of the current fiscal year (FY) has remained encouraging in comparison to the previous FY. Total expenditure in the first four months of the current FY recorded Rs. 287.5 billion up from Rs 268.9 billion of the same period in […]
Kathmandu / Nov. 16: The amount of remittance of the first three months of the current fiscal year (FY) has decreased by 7.6 per cent in comparison to the same period of the previous FY. According to the “Current Macroeconomic and Financial Situation of Nepal” released by Nepal Rastra Bank, the remittance has slid to […]
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Editor : Mr. Divesh J.B. Rana
Chairperson : Mr. Kishore Thapa