Kathmandu / Fen 21: The country has experienced a ballooning trade deficit of Rs 811 billion 110 million while making a foreign trade of Rs 984 billion 770 million in the first seven months of the current fiscal year 2080/81 BS. According to the foreign trade data of the reporting period, made public by the […]
Kathmandu / Feb 8: The proposal to amend the Nepal Rastra Bank Act has been passed by the House of Representatives (HoR), paving the way for the central bank to regulate cooperatives whose transactions are above Rs 500 million. On the recommendation of the Cooperative Department, the HoR of the Federal Parliament has passed the […]
Kathmandu / Feb 8: Finance Minister Dr Prakash Sharan Mahat has called for efforts from all sides to make the Third Investment Summit a grand success. The government is hosting the Summit on April 28 and 29. Addressing a meeting of the Third Investment Summit, 2024 Steering Committee at the Ministry of Finance today, he […]
Kathmandu / Feb 6: The half-yearly review of the current fiscal year 2080-81 BS (2023-24) suggests positive trends in various economic and financial indicators. According to the central bank’s assessment, based on the six months’ data ending in mid-January, there is an improvement in overall economic and financial indicators. Remittance inflows increased by 25.3 per […]
Kathmandu / Feb 1: The government has formed a committee to study for operating international airports of the country in public private partnership (PPP) model. A cabinet meeting held today approved the proposal on forming a study committee, submitted by the Ministry of Culture, Tourism and Civil Aviation. Former Secretary Shankar Prasad Adhikari is the […]
Kathmandu / Jan 23: Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has said that the upcoming annual budget will be focused on completing the ongoing projects as traditional policy and programmes as well as the budget allocation pattern will not solve the problems. PM Prachanda said so at the meeting on preparations for policy and programme […]
Kathmandu / Jan 19: Finance Minister Prakash Sharan Mahat has sought substantive submissions from the private sector regarding the third Investment Summit taking place in Kathmandu on coming April 28-29. In the second meeting of the Investment Summit Steering Committee on Friday, the Finance Minister urged the private sector to identify potential foreign investors and […]
Kathmandu / Jan 11: Gross foreign exchange reserve has increased by 14.8 per cent to Rs 1767.04 billion till mid-December 2023 from Rs 1539.36 billion recorded in mid-July 2023. According to NRB (Nepal Rastra Bank) first five months’ report of the current fiscal year (FY) published today, the foreign exchange reserve of the banking sector […]
Ilam / Jan 7: The price of cardamom has increased by threefold this season, bringing happiness to the farmers. Cardamom is now being sold at the highest price in the past four years. Trader Jeevan Pandey said that the price of cardamom has increased by almost three times more than last year. The price was […]
Kathmandu / Jan 2: The private sector has criticized the government for bragging about the improvement in external sector indicators to cast a shadow to the existing problems of the domestic economy, stating that the economy is rather grappling with recession. A survey report published by the Confederation of Nepalese Industries (CNI) shows that there […]
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Kathmandu, Nepal
4479401
Editor : Mr. Divesh J.B. Rana
Chairperson : Mr. Kishore Thapa