Economy

Government assures it has sufficient food stock; Modi receives over 50,000 questions about its stance to Nepal

Kathmandu / September 27: At a time when the country is facing shortage of petroleum products due to unannounced blockade of India, the government has said that it has sufficient food stuffs in stock and urged general public not to panic. According to government source, the state-owned Nepal Food Corporation (NFC) has 7,800 tons of […]


Govt. trying to tackle shortage of goods; time to rethink Nepal India ties

Kathmandu / September 26: As part of the government’s effort to mitigate the crisis of petroleum products, the government has decided to enforce an ‘odd-even license plate system’ across the country from Sunday. The Ministry of Home Affairs (MoHA) said that under the system vehicles will be allowed to ply on the roads on alternating […]


Tourism sector in buoyant mood after constitution

Kathmandu / September 23: Nepal’s tourism industry has encountered numerous devastating obstacles in the past several years. Persistent political instability has had a direct negative effect on the growth of the sector. However, the promulgation of a new constitution on Sunday has given the beleaguered industry many reasons to cheer. Travel trade entrepreneurs believe that […]


Govt decides to allow Resturants to Open Microbreweries

Kathmandu / September 24: The government has decided to allow restaurants to open microbreweries and sell fresh been in their premises. The 216th meeting of Industrial Promotion Board held under the chairmanship of Minister for Industry Mahesh Basnet approved the proposal to license microbreweries despite strong opposition from the private sector. The meeting has also […]


Fair price shops for major festivals from Oct first week

Kathmandu / September 23:  The government has planned to set up fair price shops with a view to provide basic goods at discounted prices during the approaching festival season. The stores are scheduled to open in the first week of October. Fair price shops have been opened annually for the past two decades for the […]


Machhapuchhre and Janata Bank signs merger deal to increase capital

Kathmandu / September 23: In a bid to abide by the directive of the Nepal Rastra Bank, the central bank of the country, to massively increase their capital within two years, two leading commercial banks of the country have decided to merge. Machhapuchchhre Bank and Janata Bank Limited have signed a deal for merger to […]


India clarifies no bar in clearance of goods from India

Kathmandu / Sep 22: Amid rumours in social media that India is posing ban on exporting goods to Nepal, Indian Customs Office in Raxaul has made it clear that the office has not barred export of goods to Nepal from India. Chief of the office Kamlesh Kumar said clearance of goods has not been halted. […]




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