Economy

Govt to launch special campaign to control electricity theft

Kathmandu, June 14/ Government has decided to launch a special campaign to check power pilferage propping up in the country. A meeting between Home Minister Ram Bahadur Thapa and Energy Minister Barsha Man Pun Wednesday led to an agreement to put in place a special campaign for the control of power theft.A decision was made […]


Early monsoon rains bring cheer to Nepal economy, farmers

Kathmandu, June 13/The monsoon has entered Nepal from the eastern parts of the country on Friday, two days ahead of schedule, brightening the prospects for a bumper summer crop output—the key trajectory for the higher economic growth path. This augurs well for the economy, as the KP Sharma Oli led administration has targeted achieving a […]


More tourists bringing in more revenue in CNP

Chitwan, June 13/ With the formation of a stable government and ensuing political stability in the country, the number of tourists visiting Chitwan National Park (CNP) has gone up in recent days. With the rise in number of tourists, revenue collection has also increased, according to Information Officer of CNP, Nurendra Aryal. A total of […]


Contractors apprise Finance Minister about non-payment of dues

Kathmandu, June 12/ Finance Minister Yubaraj Khatiwada has assured of his initiations to clear dues of contractors. During his meeting with a delegation of Federation of Contractors’ Association of Nepal (FCAN) today, the finance minister said he would make initiations to address their issues in cooperation with ministries and departments concerned. The delegation headed by […]


Province 1 sets target to bring in 500,000 foreign tourists

Biratnagar / June 11: Chief Minister of Province 1, Sherdhan Rai, has said that a target has been set to welcome 500,000 foreign tourists in the province within the next five years. At an interaction organised by the Ministry of Culture, Tourism and Civil Aviation here today, on services by airline companies and future plans […]


Possibility of salt mine in Jajarkot

Jajarkot, June 9/ The possibility of a salt mine has been seen at Khara Stream of Barekot Rural Municipality-2 in Jajarkot district. About 90 per cent salt was found in one litre of water collected from the stream in course of a lab test for sodium chloride (NaCl), conducted at Water Engineering and Training Centre in […]


Oli stresses on strong ground for full implementation of budget

Kathmandu, June 8/ Prime Minister KP Sharma Oli has directed ministers and secretaries to come up with point-wise work plans by coming June 29 in relation to the implementations of policies and programs; and budget prepared for the upcoming fiscal year. The Prime Minister summoned ministers and secretaries to his office today and directed them to […]


FinMin terms budget ‘course correction’

Kathmandu, June 8: Minister for Finance Yuba Raj Khatiwada has defended his first budget for the upcoming Fiscal Year 2018/19, saying that the budget was a course correction by the government. Speaking at a post-budget interaction organized by Confederation of Nepalese Industries (CNI) and Society of Economic Journalists- Nepal (SEJON) in Kathmandu on Thursday, Finance […]


NOC Executive Director Khadka resigns

Kathmandu / June 7: Nepal Oil Corporation Executive Director Gopal Khadka has stepped down from his post on Thursday. Organising a press meet at the Ministry of Industry, Commerce and Supplies (MoICS) premises, Singha Durbar, Khadka said that he had submitted his resignation letter to the Minister of Industry, Commerce and Supplies, Matrika Yadav, effective […]


Nepse rises as govt, investors put an end to CGT row

Kathmandu, June 7/ Trading resumed in Nepal Stock Exchange (Nepse) in the second half Wednesday’s trading session after investors withdrew their protest against the new capital gains tax (CGT) calculation method enforced by the Inland Revenue Department (IRD). The protest was called off following the government’s decision to put the new calculation method on hold […]




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