Main News

FSFN to pick ministers by Thursday evening

Kathmandu, May 31/ A meeting of the Federal Socialist Forum Nepal (FSFN) on Thursday asked party Chairman Upendra Yadav to finalize the names of three ministers to represent the party in Prime Minister KP Oli’s cabinet. The party earlier this week signed a two-point agreement with the Nepal Communist Party agreeing to join the government […]


India gives 33 crore to Nepal for construction of Postal Highway

Kathmandu, May 31/ The Indian government on Tuesday handed over a cheque amounting Rs 33 crore to the Nepal Government for construction of a Postal Highway. The amount was handed over to Secretary of Minister for Physical Infrastructure and Transport, Madhusudan Adhikari at Singha Durbar by Indian Mission to Nepal’s Deputy Chief of Mission Dr Ajay […]


Budget lacks vision, claims NC

Kathmandu, May 31/ The Nepali Congress today stated that the annual budget for 2018-19 presented Tuesday, lacked vision, although it was presented in a relatively convenient political situation following the implementation of the constitution after successful elections. The main opposition also termed the budget ‘populist’, and ‘at the crossroads’ between the open market policy championed by […]


PM Oli bats for qualified human resources for prosperous Nepal

Kathmandu, May 30/ Prime Minister KP Sharma Oli has insisted on producing the human resources required for building a prosperous Nepal. Inaugurating the 12th general convention of Nepal National Teachers Organization here today, he said, “The government has given priority to modern, employment-oriented, self sufficiency-oriented, practical and socially useful education system.” PM Oli, who is […]


Tourism sector can offer 200,000 jobs in a year: Minister Adhikari

Kathmandu / May 30: Minister for Culture, Tourism and Civil Aviation, Rabindra Adhikari, has said the tourism sector has the potentiality of offering jobs to some 200,000 people in a year. Speaking at an interaction organised by the Reporters’ Club here today, the Minister was of the view of increasing investment in infrastructure development in […]


Gyanendra become’s eSewa envoy

Kathmandu, May 30/ Nepal’s mobile money service provider eSewa, a sister concern of F1 Soft Group, on Monday appointed national cricket team vice-captain Gyanendra Malla as its brand ambassador. May 29, 2018-Nepal’s mobile money service provider eSewa, a sister concern of F1 Soft Group, on Monday appointed national cricket team vice-captain Gyanendra Malla as its […]


Finance Minister unveils first federal budget of Rs1.31 trillion

Kathmandu May 29/ Finance Minister Yubaraj Khatiwada has launched the first ever federal budget of Rs 1.315 trillion for the fiscal year 2018/19, today. Out of the total budget, government aims to utilise Rs845.5 billion as recurrent expenditure. Likewise, Rs314.28 billion and Rs155.18 billion have been earmarked for capital expenditure and financing provision, respectively. Moreover, […]


Banking system mandatory while paying staffers

Kathmandu, May 28: From now onward every industry and or company has to mandatorily pay their staffers through banking system. A meeting of the Council of Ministers held in Singha Durbar today passed employment regulations making it mandatory to deposit their staffers’ salaries in the bank accounts before paying them. Minister for Labor, Employment and […]


News Analysis: Nepali industrialists see prospect of increased FDI amid improving business climate

by Prithvi Shrestha Kathmandu, May 27 : Nepali industrialists have expected a surge in foreign direct investment (FDI) in Nepal in the coming days as the country is heading toward political stability after recent national elections. After 16 years, the ruling party has had the absolute majority in the parliament which will contribute to the […]


Govt projects 5.5 per cent economic growth in the current fiscal; Govt to unveil budget on Tuesday

Kathmandu / May 27 : Finance Minister Dr Yuba Raj Khatiwada has presented the economic survey of the current fiscal year and annual status review of public enterprises in a parliamentary meeting today. The survey projected a 5.5 per cent economic growth rate in the current fiscal year. Likewise, per capita income is estimated to […]




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