Kathmandu / Dec 31: The Civil Aviation Authority of Nepal (CAAN) made a profit of Rs 3.4915 billion in the last fiscal year. Speaking at the 25th anniversary program of CAAN on Sunday, Director General of the Authority, Pradeep Adhikari, said that the net operating profit after deducting all expenses of the Authority was Rs […]
Kathmandu / Dec 25: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has called for the establishment of a high-powered commission to resolve disputes regarding arrears of dedicated and trunk lines of electricity. The FNCCI in a press statement on Monday stressed the need of a high-powered commission to effectively resolve the disputes. […]
Kathmandu / Dec 8: Governor of the Nepal Rastra Bank, Mahaprasad Adhikari, said the first quarter review of the monetary policy of the current fiscal is based on various aspects affecting current inflation, the status of balance of payment and growth rate of the bank loans for private sector among others. In a press conference […]
Kathmandu / Nov 15: The year-on-year (y-o-y) consumer price inflation in the Kathmandu Valley, Terai, Hill and Mountain region surged to 10.23 percent, 5.66 percent, 7.38 percent and 10.24 percent respectively, the Nepal Rastra Bank (NRB) stated in its Current Macroeconomic and Financial Situation of Nepal Report based on three months data ending Mid-October, 2023/24. […]
Kathmandu / Nov 13: The government is now going to operate vocational training institutes to produce manpower required for the national and international markets. The Cabinet meeting on November 9 approved the National Vocational and Skill Development Training Center (Establishment and Operation) Order, 2080 BS. Accordingly, the officials at the Ministry of Labour, Employment and […]
Pokhara. Nov 8: The Pokhara High Court has issued an interim order to run all businesses round the clock in Lakeside, the tourist hub in Pokhara. A single bench of Acting Chief Judge Rajan Prasad Bhattarai, upholding the writ petition filed by Devi Kumari Baral, ordered that Lakeside be opened round the clock. In the […]
Kathmandu / Nov 4: The Government of Nepal and donor agencies have pledged to expedite the construction of the 1,161-megawatt Upper Arun Hydropower Project based at Bhotekhola Rural Municipality of Sankhuwasabha district. A team comprising Minister for Energy, Water Resources and Irrigation, Shakti Bahadur Basnet, Finance Minister Dr Prakash Sharan Mahat, lawmaker Deepak Khadka, Secretary […]
Chitwan / Oct 30: Former Finance Minister Mahesh Acharya has said a comprehensive campaign is needed to improve nation’s economy. Taking to media here today, the former Minister said such campaign should be capable to restore the confidence of business community and develop Nepal as a destination for investment. He advised the government to come […]
Kathmandu / Oct 29: Foreign trade deficit has widened in the first quarter of the current fiscal year. According to the Foreign Trade Statistics released by the custom department, foreign trade deficit widened by 2.15 per cent in the first three months of the current fiscal year (FY) in comparison of the same period of […]
Chitwan / Oct 6: Finance Minister Dr Prakash Sharan Mahat has said that the government will clear the dues of the previous fiscal year to be paid to the construction entrepreneurs before the Dashain festival. Talking to media persons on Friday, the finance minister shared, “We have already paid Rs 60-70 billion by the end […]
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Kathmandu, Nepal
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Editor : Mr. Divesh J.B. Rana
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