Economy

NOC signs MOU with PetroChina on fuel supply

Kathmandu / October 28: Nepal Oil Corporation (NOC) and China National United Corporation (PetroChina) signed a Memorandum of Understanding (MoU) on supplying petroleum products into the country from the northern neighbour. The MoU was signed in Beijing Wednesday. With this, NOC’s sole agreement with the Indian Oil Corporation (IOC) on the import of petroleum products […]


Preparations for supply of grant fuel from China in final stages

Kathmandu / October 25: With the India continuing its blockade for the supply of essential goods to Nepal, the government has been making preparations for supplying petroleum products from China. Minister for Commerce and Supplies Ganesh Man Pun on Sunday said the government is making necessary preparations for importing fuel from China. In a meeting […]


EU calls on India to ensure essential supplies; DPM Thapa blames India for not fulfilling commitment

Kathmandu / October 24: As the Indian high-handedness continued with the neighboring countries, International communities have started voicing against its stance. Chair of the European Parliament Delegation for relations with the countries of South Asia, Jean Lambert, has highlighted the need for regional solidarity in this new phase of Nepal’s development. In a press statement, […]


Time to see whether Oli government stands at people’s power (Nepalekhabar special)

Kathmandu: The recent undeclared blockade of India is a wake-up call for Nepal to seek alternative for over dependency to India but the leaders and bureaucrats are yet to learn lesson from it. Nepal is currently importing over 70 percent goods from India, which is the major problem for the landlocked country. India has been […]


Beni locals come together to conserve tourism-prospect Rikhar area

Myagdi / October 20: Local people of Kuinemangale VDC in the district have joined hands to conserve and develop Rikhar area as a tourist destination. Religion prospect aside, the area, around 40 kilometers north from the district headquarters, Benibazaar and rested on the lap of Dhaulagiri Himalaya, is also important for tourism. The locals said […]


PM vows to resolve ongoing issues soon; seeks action plan for development

Kathmandu, Oct 19: Prime Minister KP Sharma Oli has expressed his confidence that the issues ensued following the India’s border blockade on Nepal will be resolved soon. Speaking with the representatives of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) today morning at his official residence at Baluwatar, PM Oli assured that the […]


DPM Thapa leaves India to resolve trade embargo

Kathmandu / October 17: Deputy Prime Minister and Minister for Foreign Affairs Kamal Thapa has left for a three-day official visit to India at an invitation from Indian Minister for External Affairs, Sushma Swaraj. Speaking to journalists at Tribhuvan International Airport, DPM Thapa expressed commitment to do his best in resolving the obstruction of essential […]


DoTM mobilizes monitoring groups to keep close eye on vehicles charging unfair

Kathmandu / October 14: The Department of Transport Management (DoTM) has mobilized five different monitoring teams in five different locations in Kathmandu Valley who will be keeping a close eye on the public transports charging unfairly higher fare from passengers. According to Basanta Adhikari, Spokesperson of the DoTM, help desks have been set up in […]


NOC distributes 750,000 litres of fuel to private vehicles

Kathmandu / October 13: Nepal Oil Corporation (NOC) has distributed 750,000 litres of fuel to the private vehicles in the Kathmandu Valley. Some 600,000 litres of petrol and 150,000 litres of diesel were provided by the NOC to 125 petrol stations across the Valley, according to Spokesperson of the Corporation, Deepak Baral The state oil […]


Economic disparity in Federal States needs action (Nepalekhabar Speical)

Kathmandu: The new constitution has divided the country in seven Federal States but questions are being raised about the economic sustainability of these states. Experts have opined there are economic disparities in these federal states as some states have more districts and more economically developed International Day of the Girl Child being celebrated; UNFPA says […]




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