Kathmandu / June 19: Despite the declining number of people leaving for foreign jobs, the remittance into the country has increased by 20 percent, according to Nepal Rastra Bank report. Making public the economic and commercial status of the country in the past ten months of the current fiscal year, the NRB shared that remittance […]
Kathmandu / June 10: Finance Minister Dr Yubaraj Khatiwada has said that the inflation would be below five per cent in the coming fiscal year. Responding to queries raised by MPs at the National Assembly today, he said the economic growth rate would be above seven percent in the current fiscal year, with all the […]
Kathmandu / June 6: The World Bank has assumed 7.1 percent as Nepal’s economic growth rate for the current fiscal year 2076/77. The World Bank issued the report on Thursday. The report stated that the growth in Nepal’s economy is speeding up contributing to the assumption. According to Hans Timmer, South Asian Senior Economist, if […]
Kathmandu / May 31: Renowned industrialist Prabhakar Sumsher Rana passed away in the United States on Thursday. He was 84. Rana, who is considered as the pioneer of the Nepali hotel industry, died in course of treatment at Rehabilitation Centre in New York, according to family sources. He admitted to the hospital one year ago. […]
Kathmandu / May 27: Government has projected seven percent economic growth for the fiscal year 2019/20. Presenting the economic survey for the fiscal year 2018/19, Finance Minister Yubaraj Khatiwada claimed that most of the financial, social and physical infrastructure indicators are in rising because of which the country will experience high economic growth in the […]
Kathmandu / May 24: The Nepali for Nepal Campaign is going to organize a public hearing on the ‘wide-body aircraft purchase scam’ at local Basantapur Dabali on May 25. Civil rights campaigner Dr Surendra Bhandari said in a news conference here on Thursday that the public hearing is being held to inform the general public […]
Kathmandu / May 22: A session of the House of Representatives today endorsed a proposal tabled seeking the consideration over the ‘Revenue Leakage (Investigation and Control- First Amendment) Bill-2075 BS’. Finance Minister Dr Yuba Raj Khatiwada presented the proposal before the meeting, on behalf of Prime Minister KP Sharma Oli. Lawmakers Bharat Kumar Shah, Prem […]
Kathmandu / May 16: Nepal has seen a ballooning trade deficit of billions of rupees annually as it failed to adopt the export-oriented economic policy. As per the preliminary statistics released by Trade and Export Promotion Centre, the trade deficit has now reached to Rs 887 billion increasing by around 24 per cent in the […]
Kathmandu / May 9: A group of lawmakers, economists, industrialists, businesspersons and journalists has given suggestions for the upcoming budget. At a pre-budget session organised here Thursday in the central capital by the Finance Committee of the House of Representatives, they submitted a 61-point recommendation letter related to financial activities to the committee. The committee […]
Hetauda / Apr 30: State-3 government is to bring a budget of around Rs 50 billion for coming fiscal year. It has been making preparation to bring the budget through the project bank. Employees of the Ministry of Economic Affairs and Planning and Policy and Planning Commission of the state have been involved for the […]
Newbaneshwor
Kathmandu, Nepal
4479401
Editor : Mr. Divesh J.B. Rana
Chairperson : Mr. Kishore Thapa