Economy

Government to get impetus once CoM and vote of confidence get completion: DPM Paudel

Kathmandu / Jan 6: Deputy Prime Minister and Minister for Finance Bishnu Prasad Paudel said that the incumbent government will deliver rapidly once the vote of confidence and council of ministers (CoM) would get completion. DPM Paudel, in a press conference organized to unveil the decisions of council of ministers here today, assured that the […]


PM Dahal discusses baking sector problems with finance minister and NRB governor

Kathmandu / Jan 4: Prime Minister Pushpa Kamal Dahal has held discussions with Deputy Prime Minister and Finance Minister Bishnu Poudel and Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari today. The discussions focused on the present economic situation, problems seen in the banking sector and topics needing immediate reforms. In the discussions held at […]


NRB halts survey on real estate price citing gaps in authenticity of data

Kathmandu / Dec 29: For lack of credible statistics, the Nepal Rastra Bank (NRB) has stopped publication of survey on real estate or housing price. The central bank had started the survey since last year planning to release the report in every three months. The main reason behind the central bank’s move is lack of […]


Returnee migrant worker makes good income from coal production

Kaski / Dec 27: Dhan Bahadur Pun of Annapurna rural municipality-6 in Kaski, a returnee migrant worker from South Korea, now runs a coal industry in his hometown. The 46 –year-old has been in this occupation for the past four years. Now he earns a net profit of Rs 60,000 from the coal industry. Pun […]


FDI commitment declined 60 percent during mid-July and mid-November

Kathmandu / Dec 15: The commitment for foreign direct investment (FDI) declined by almost 60 percent in the first five months of the current fiscal year compared to the same period last year. According to the Department of Industry (DoI), Nepal received commitment for FDI worth Rs 12.22 billion during mid-July to mid-November, while the […]


Nepal’s financial sector is now on track: NRB Governor Adhikari

Kathmandu / Dec 12: The Nepal Rastra Bank’s (NRB) Governor Maha Prasad Adhikari on Monday said that the liquidity problem in the country’s banking system has gradually been solved. Speaking at the annual general meeting of the Nepal Bankers’ Association, Governor Adhikari said the interbank rate has fallen to 7.07 percent from 8.5 percent. According […]


With international market available, more youths attracted to coffee farming in Gulmi

Gulmi / Dec 11: Coffee farming in Gulmi district has attracted local farmers following a surging demand for coffee in foreign countries including Japan and France. Manoj Pandey and Saroj Belbase of Resunga Municipality-8 have been engaged in farming since one and a half years ago by planting as high as 20,000 coffee plant saplings […]


Bharatpur Metropolis provides 50% subsidy for fish farming

Bharatpur / Dec 3: Bharatpur Metropolitan City has decided to provide a 50 per cent subsidy for fish farming. The subsidy goes for electricity tariffs under the Livestock Service Development Programme as approved by the metropolis for the current fiscal year. The scheme aims to increase agricultural products as stated in the policy and programmes […]


Price of petroleum products to remain same

Kathmandu / Dec.3: Even though the price of petroleum products from India has decreased, Nepal Oil Corporation has said that the price of petroleum products will not be reduced immediately. The Indian Oil Corporation (IOC) sent the list of the reduced price of petrol, diesel, kerosene, and jet oil to the Nepal Oil Corporation (NOC) […]


Govt honors highest tax paying companies and individuals for the FY 2021/22

Kathmandu / Nov 23: Surya Nepal Private Limited on Wednesday was honored as the highest taxpayer company for the last fiscal year. Amid a program organized by the Inland Revenue Department to mark the National Tax Day 2022, Finance Secretary Krishna Hari Pushkar honored Surya Nepal in the genre. The government honored individuals and organizations […]




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