Kathmandu / Oct 26: The government has till the second month of the current fiscal year provided a loan worth one billion rupees for the payment to the employees and workers of tourism and cottage industries. The business continuity loan has been extended to the COVID-19 affected tourism, cottage, small and medium industries for payment […]
Kathmandu / Oct. 25: Trade deficit has increased by 58.28 per cent in the first quarter of the current fiscal year (FY). The Foreign Trade Statistics (FTS) provided by Custom Department showed that the trade deficit in the first quarter amounted to Rs 413.47 billion up from Rs 261.2 billion in the same quarter of […]
Kathmandu / Sept. 25: In the first two months of the current fiscal year (FY), export rose by 115.43 per cent in comparison to the same period of the previous FY. According to the Foreign Trade Statistics (FTS) released by the Department of Customs on September 25, in the first two months of the current […]
Kathmandu / Sept. 24: The World Bank’s representatives including its Vice-President for the South Asian region Hartwig Schafer have paid a courtesy call on Minister for Energy, Water Resources, and Irrigation Pampha Bhusal on Friday. In the meeting held at the Ministry of Energy, Water Resources, and Irrigation, the two discussed various projects funded by […]
Ajay Chhetri / Kathmandu, Sept. 21: Finance Minister Janardan Sharma has advocated for considering people while taking an investment decision. Addressing a program “Government Capital Expenditure and foreign direct investment in Nepal”, organized jointly by the Central Department of Economics, Kritipur and Confederation of Bank and Financial Institutions Nepal, he said that common people should […]
Kathmandu / Sept 16: Employees at the Nepal Airlines Corporation (NAC), the national flag carrier of the country, have been up in arms for more than two months heavily affecting its administrative work, said NAC’s officials. The agitating employees have put forth a four-point demand. The protest against the NAC for the past two months […]
Karnali / Sept 15 : Food crop production has increased and that of vegetables has dwindled in Karnali province, according to a study. The Provincial Economic Activities Study Report, 2020/21 published by Nepal Rastra Bank (NRB) shows that the area under food crop cultivation has increased by 2.69 per cent and the production by 6.52 […]
Ramesh Lamsal, Kathmandu, Sept 14: A joint-secretary-level meeting between Nepal and Bangladesh has proposed a joint venture in one project among two proposed large hydropower projects. Bangladesh has expressed willingness to import a total of 9,000 megawatts of electricity from Nepal by 2040. Bangladesh which is searching for a source of energy to cope up […]
Kathmandu / Aug 19: The World Bank is all set to provide 60 million US Dollars (equivalent to Rs 7.12 billion) concessional loan to Nepal. The aid is directed towards for Nurturing Excellence in Higher Education Programme meant to improve the quality of higher education, scale up online learning, and expand access to academic institutions […]
Kathmandu / Aug. 13: The monetary policy has projected that the inflation would be contained at 6.50 per cent this year while the private sector credit is expected to grow by 19 per cent. Publishing the monetary for the fiscal year 2021/22 on Friday, the Nepal Rastra Bank (NRB) announced its policy outlook. To support […]
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Kathmandu, Nepal
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Editor : Mr. Divesh J.B. Rana
Chairperson : Mr. Kishore Thapa