Kathmandu / Jan 23: Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has said that the upcoming annual budget will be focused on completing the ongoing projects as traditional policy and programmes as well as the budget allocation pattern will not solve the problems. PM Prachanda said so at the meeting on preparations for policy and programme […]
Kathmandu / Jan 19: Finance Minister Prakash Sharan Mahat has sought substantive submissions from the private sector regarding the third Investment Summit taking place in Kathmandu on coming April 28-29. In the second meeting of the Investment Summit Steering Committee on Friday, the Finance Minister urged the private sector to identify potential foreign investors and […]
Kathmandu / Jan 11: Gross foreign exchange reserve has increased by 14.8 per cent to Rs 1767.04 billion till mid-December 2023 from Rs 1539.36 billion recorded in mid-July 2023. According to NRB (Nepal Rastra Bank) first five months’ report of the current fiscal year (FY) published today, the foreign exchange reserve of the banking sector […]
Ilam / Jan 7: The price of cardamom has increased by threefold this season, bringing happiness to the farmers. Cardamom is now being sold at the highest price in the past four years. Trader Jeevan Pandey said that the price of cardamom has increased by almost three times more than last year. The price was […]
Kathmandu / Jan 2: The private sector has criticized the government for bragging about the improvement in external sector indicators to cast a shadow to the existing problems of the domestic economy, stating that the economy is rather grappling with recession. A survey report published by the Confederation of Nepalese Industries (CNI) shows that there […]
Kathmandu / Dec 31: The Civil Aviation Authority of Nepal (CAAN) made a profit of Rs 3.4915 billion in the last fiscal year. Speaking at the 25th anniversary program of CAAN on Sunday, Director General of the Authority, Pradeep Adhikari, said that the net operating profit after deducting all expenses of the Authority was Rs […]
Kathmandu / Dec 25: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has called for the establishment of a high-powered commission to resolve disputes regarding arrears of dedicated and trunk lines of electricity. The FNCCI in a press statement on Monday stressed the need of a high-powered commission to effectively resolve the disputes. […]
Kathmandu / Dec 8: Governor of the Nepal Rastra Bank, Mahaprasad Adhikari, said the first quarter review of the monetary policy of the current fiscal is based on various aspects affecting current inflation, the status of balance of payment and growth rate of the bank loans for private sector among others. In a press conference […]
Kathmandu / Nov 15: The year-on-year (y-o-y) consumer price inflation in the Kathmandu Valley, Terai, Hill and Mountain region surged to 10.23 percent, 5.66 percent, 7.38 percent and 10.24 percent respectively, the Nepal Rastra Bank (NRB) stated in its Current Macroeconomic and Financial Situation of Nepal Report based on three months data ending Mid-October, 2023/24. […]
Kathmandu / Nov 13: The government is now going to operate vocational training institutes to produce manpower required for the national and international markets. The Cabinet meeting on November 9 approved the National Vocational and Skill Development Training Center (Establishment and Operation) Order, 2080 BS. Accordingly, the officials at the Ministry of Labour, Employment and […]
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Editor : Mr. Divesh J.B. Rana
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