Economy

WB forecasts 5% growth in Nepal

Kathmandu / Oct 4: The World Bank (WB) has estimated that Nepal’s economic growth rate in the current fiscal would be limited to five per cent. Nepal has had a difficult year due to the earthquake, border disruptions with India, and reduced remittances. Its economic activity is recovering with growth expected to rebound to 5.0 […]


Priority to economic infrastructure development: NPC Vice Chairman Shrestha

Myagdi / Oct 2: Vice Chairman of the National Planning Commission (NPC) Dr Min Bahadur Shrestha said priority would be given to economic infrastructure construction for economic development and prosperity of the country. At a programme organised by Myagdi Chamber of Commerce and Industry (MCCI) to honour Dr Shrestha for being appointed as Vice-Chairman of […]


Upper Marsyangdi ‘A’ begins commercial power production

Lamjung / Sept 26: The Upper Marsyangdi ‘A’ hydropower project constructed at Bhulbhule in Lamjung district has begun commercial power production from Monday. Separate programmes were organised in Kathmandu and Lamjung for the inauguration of the project. Parliamentarian Bhishma Adhikari and Assistant Chief District Officer jointly inaugurated the project switching on for the power production […]


Programme promoting domestic investment in hydro introduced

Bhaktapur / Sept 24:The Ministry of Energy has introduced a programme that aims to address the existing energy crisis in the country. The programme seeking domestic investment in the hydropower sector has been introduced with the slogan of “Nepal’s water Nepali’s investment”. Energy Minister Janardan Sharma shared information about this while inaugurating the first Siterio […]


ADB projects Nepal’s economic growth rate at 4.8 % this year

Kathmandu / Sept 16: The Asian Development Bank (ADB) has projected Nepal’s economic growth rate at 4.8 % in the current fiscal year. At a press meet here Friday, ADB has unveiled its projection regarding Nepal’s achievable growth rate. According to the projection, the contribution of agriculture sector would stand at 0.7 per cent while […]


Corporation plans to stem skyrocketing goat prices

Kathmandu / Sept 13: The state-owned Nepal Food Corporation will supply around 3,000 goats for this festive season to ease the burden on market demand and stem a possible steep rise in price. The Corporation has been supplying goats annually during the Bada Dashain festival to provide meat to the consumers in concessional price. Around […]


Conference of Honeybee scientists on Oct. 23

Kathmandu / Sept 10: An international standard conference of honeybee scientists is going to be organised for the first time in Nepal on October 23. The Highland Agriculture Research and Development Enterprises Nepal (HARDEN) is to organise the two-day conference on Honeybee and Honey for Food Security and Ecological Balance in Himalayan Regions. At a […]


Call to construct Bhimphedi-Kulekhani tunnel highway

Kathmandu / Sept 6: The Makwanpur Chamber of Commerce and Industry has urged the government for the construction of Bhimphedi-Kulekhani tunnel highway. A delegation headed by Chamber President Raj Kumar Neupane on Tuesday called on Prime Minister Pushpa Kamal Dahal at his office in Singha Durbar and demanded the government to take initiative for the […]


10 out of 350 species of herbal plants in Kavre for export

Banepa / Sept 5: Of the total 350 species of herbal plants that have been found in Chaudapate Forest in Mahabharat Range and community forests in Kavrepalanchowk district, only 10 types of herbal plants have been permitted for the export. Although the forests here houses herbal plants of medicinal values like swertia Chirayita, Calamus, Mug-wort, […]


Supplementary budget likely: Finance Minister Mahara

Kathmandu / Sept 4: Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara has said the government was likely to bring a supplementary budget in order to make the current year’s budget more practical and implementable. Finance Minister Mahara made such disclosure at a press conference organized at the Finance Ministry on Sunday. Discussion was […]




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