Economy

Nepalese reel under an economic blockade in a state of denial

People at a queue in petrol station of Kathmandu.

By Manoj Karki : Nepal is gradually running out of essential commodities including fuel as imports from all accessible transit points to the landlocked country have come to a grinding halt. There have been reports of hospitals across the country too running out of stock of their medicines and other goods essential to keep themselves […]


PAC directs Commerce Ministry and NOC to ease fuel supplies; Govt. forms committee for talks

Meeting of the Public Account Committee.

Kathmandu / October 9: The Public Accounts Committee under the Legislature-Parliament today has directed the Ministry of Commerce and Supplies and Nepal Oil Corporation to initiate measures to ease the supplies of petroleum products. The committee has further directed the concerned bodies to accept the proposal within two hours when any organization submits proposal for […]


SC stays Govt. plan to give Kathmandu-Tarai fast track to Indian company

Supreme Court

Kathmandu / October 8: The Supreme Court (SC) on Thursday directed the government not to proceed with the contract deal for the construction of the Kathmandu-Tarai Fast Track with an Indian company for now. A single bench of Chief Justice Kalyan Shrestha directed the government to put the matter on hold till October 28, as […]


NOC seeks alternative to importing petroleum products

Nepal Oil Corporation

Kathmandu / October 8: In a latest bid to resolve the current fuel crisis in the country, the Nepal Oil Corporation (NOC) has come up with an alternative, according to which it has issued a notice calling for a global tender to import fuel. The country has been reeling under fuel crisis after the unannounced […]


Vehicles starts operating in Barhabise-Tatopani road section; NHRC calls for smooth supply

goods coming to Nepal from Sunauli

Chautara / October 7: Large vehicles including container trucks have begun operating along the Barhabise-Tatopani road section, which had remained obstructed since the April 25 earthquake. The 26-kilometer track of the section has been opened for passenger bus as well as goods carrier after improving the track that was opened on Friday, according to Engineer […]


India tightens blockade; Entrepreneurs urge govt. to resolve current impasse

Entrepreneurs submitting Memo to Prime Minister urging him to resolve the current deadlock.

Nepalgunj / October 6: The Indian government has tightened the unofficial blockade at the southern border in Nepalgunj as Nepal reels under the acute shortage of fuel products and soaring prices of daily commodities. A total of 17 tankers and cargo trucks including three diesel tankers and two gas bullets entered Nepalgunj from Jamunaha border […]


Around 600 vehicles escorted to their destinations

goods coming to Nepal from Sunauli

Biratnagar / October 6: Police personnel have escorted some 600 vehicles to their respective destinations. According to the District Police Office, Morang, security personnel in Sunsari have been given the responsibility to take the 293 vehicles including 79 that were stationed at Biratnagar-based Rani Customs to their destination from Morang district. Of them, 14 were […]


Finance Committee directs government to construct Kathmandu-Terai fast track at its own investment

KTM Tarai fast track

Kathmandu / October 5: A sub-committee under the Finance Committee of the Legislature-Parliament has instructed the government to replace the name of Kathmandu-Terai Madhes Fast Track with Kathmandu Nijgadh Fast Track Project. A report prepared by the sub-committee of the Finance Committee recommended changing of the project name stating it ought to be objectively clear. […]


FNCCI calls all sides to prevent nation from being failure

FNCCI

Kathmandu / October 4: The Federation of Nepalese Chambers of Commerce and Industry (FNCC)) has urged the government and the agitating political parties to prevent the nation from becoming a failed state. The 10th meeting of executive committee of the FNCCI on Sunday welcomed the ongoing dialogues between the government and the agitating political parties […]


India expresses commitment to resume supply of goods

goods coming to Nepal from Sunauli

Kathmandu / October 3: As the nation united against India’s interference to the internal affairs of the country and people endured enormous problem due to scarcity of petroleum products, the Government of India has expressed commitment not to allow hurdles in the import of petroleum products and daily essentials from India into Nepal. The Indian […]




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