Economy

Finance minister urges BFIs to invest more in share market

Kathmandu / Sept 17: Finance Minister Dr Yubraj Khatiwada has urged the financial institutions to increase investment in share market in a bid to expedite economic activities in the country. Speaking at a program to mark 58th anniversary of Employees Provident Fund in the capital on Tuesday, Minister Khatiwaa said that it is an appropriate […]


Minister Khatiwada calls for collective effort for promoting women leadership

Kathmandu / Sept 13: Minister for Finance Dr Yubaraj Khatiwada has underscored the need for collective effort to advance the cause of collective leadership in women in the South Asia region. Inaugurating the two-day International Women Entrepreneurs Summit-2019 organized by the South Asian Women Development Forum in the capital on Friday, Minister Dr Khatiwada argued […]


PM Oli, Modi inaugurate Motihari-Amlekhgunj oil pipeline

Kathmandu / Sept 10: Prime Minister KP Sharma Oli and Indian Prime Minister Narendra Modi have remotely inaugurated the Nepal-India cross-border petroleum pipeline today through a video conference via remote control. The formal inauguration took place after the executive heads of both the neighbouring countries pressed a switch through a live video conference connecting the […]


Entrepreneurs studying investment prospects in Province 1

Ilam / Sept 4: Industrialists and entrepreneurs of eastern Nepal have started studying different areas in Province 1 for investment. The Province 1 Committee of the Federation of Nepalese Chamber of Commerce and Industries (FNCCI) is studying economic status, production capacities, import, export and possible investment areas in the province. The committee plans to visit […]


Tax exemption only on electric vehicles: Minister Khatiwada

Kathmandu / August 27: Finance Minister Dr Yubaraj Khatiwada has urged industrialists and entrepreneurs to pay tax honestly. Inaugurating NADA Auto Show 2019 at Bhrikuti Mandap, Kathmandu on Tuesday, Minister Khatiwada accused entrepreneurs of tax evasion through the import of petrol and diesel vehicles claiming them to be electric. “The government has a policy of […]


Nepal is suitable for investment: Finance Minster

Kathmandu / August 14: Finance Minister Dr Yubraj Khatiwada has said that Nepal holds a suitable atmosphere for investment. Minister Khatiwada during a meeting with the ambassador to Nepal, Saeed Hamdan Al Naqei, called on the entrepreneurs of UAE to invest in the infrastructure and industrial sector. “Furthermore, irrigation, energy, tourism and agriculture sectors are […]


विद्युत् प्राधिकरण मुनाफामा, चुहावट नियन्त्रणमा उल्लेख्य सफलता

अशोक घिमिरे / काठमाडौँ, साउन २८ गते । सरकारी स्वामित्वका संस्थान घाटामा जाँदा सधैँ सरकारका लागि टाउको दुःखाइको विषय बनिरहँदा नेपाल विद्युत् प्राधिकरणले भने अन्य संस्थानको तुलनामा आफूलाई फेरि पनि अब्बल साबित गरेको छ । पछिल्लो दश वर्षयता निरन्तर घाटा व्यहोर्दै आएको प्राधिकरणले आर्थिक वर्ष २०७२/र७३ देखि आफ्नो नाफाको यात्रालाई निरन्तरता दिँदै आएको छ । […]


12,000 taxi drivers faced action for cheating passengers

Kathmandu / August 7: Traffic police have taken action against 12,749 taxi drivers in Kathmandu Valley for cheating passengers in various pretexts. A team from Metropolitan Traffic Police Division slapped action against taxi drivers for arbitrarily charging non-metered fare and meter-tampering in the fiscal year 2075/76 BS. The Traffic Division had taken action against 8,120 […]


Govt to pull back budget if not used within second quarter of FY

Kathmandu / August 6: The Finance Ministry now can pull back the budget allocated to projects if it not used within the second quarter of a fiscal year. The meeting of the finance committee under the federal parliament on Tuesday endorsed the provision which was incorporated in the Financial Procedures and Financial Responsibility bill presented […]


Tax compulsory: Finance Minister Dr Khatiwada

Lalitpur / August 4: Minister for Finance, Dr Yubaraj Khatiwada has said the government was active to intensify the pace of development by ensuring social security to the citizens by collecting tax through a healthy tax administration. In his address to a management seminar organised by the Inland Revenue Department here today, he said efforts […]




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