Kathmandu / July 21: Nepal Electricity Authority (NEA) has projected that Nepal will be exporting 2,456.4 MW of electricity to India in the peak production season after the next four years, provided all hydroelectricity projects in the pipeline complete their construction works within the prescribed timeline. Currently, India has allowed Nepal to sell 364 MW […]
Kathmandu / July 20: Nepal Rastra Bank (NRB) has tightened the dollar exchange service. With the move of the central bank, now the Nepali citizens who are going to travel abroad can only exchange USD 200. NRB has reduced the exchange limit following pressure on the foreign exchange reserves. Earlier, the same facility was available […]
Kathmandu / July 16: Department of Foreign Employment (DoFE) has said that the number of workers going abroad has increased by 3.68 times in the fiscal year 2021/22. Speaking at the annual review and discussion program of the Foreign Employment Department on Friday, Director General of DoFE Shesh Narayan Paudel said that the number of […]
Balkrishna Gyawali / Kathmandu: Although all political parties that have formed a government claim to have corruption control and good governance as their priority, the report of the Office of Auditor General (OAG) has revealed that good governance is weakening in the country. According to the audit report of the fiscal year 2021/22 released by […]
Kathmandu / July 14: There are four million taxpayers in the country. As per the 59th report released by the Office of the Auditor General on Wednesday, the number of taxpayers has reached 4.059 million by the fiscal year 2077/78 BS. The number of taxpayers of three groups—income, value added tax and excise duty has […]
Kathmandu / July 13: The World Bank (WB) is providing US $ 80 million (around Rs 10 billion) in concessional loan to Nepal for a project to improve the delivery of water and sanitation services and promote integrated water resources management. On Wednesday, Finance Secretary Madhu Kumar Marasini and the WB Country Director for the […]
Kathmandu / July 7: About half of the total credit issued by banks and financial institutions (BFIs) is contributing to increase the trade deficit significantly, shows a study report conducted by the Confederation of Banks and Financial Institutions Nepal (CBFIN). Unveiling the report at a program organized on Thursday, the umbrella organization of BFIs revealed […]
Rajaram Karki / Kathmandu, July 1: The government statistics for the last decade indicate the country’s rising dependency on rice. In the fiscal year 2069-70 BS (2012-13), rice worth Rs 20 billion were imported into the country and the figure rose by 150 per cent to touch Rs 50 billion in the first eleven months […]
Adarsha Subedi / Kathmandu: The invasion of Ukraine by Russia started on 24th February 2022 is not only affecting the countries involved in the war and their neighbors but also affecting the countries like Nepal, which are heavily reliant on the import of goods. Russia had occupied major cities like Kharkiv, Mariupol, Kherson Makarov, and […]
Kathmandu / June 19: Managing Director of the Development Policy and Partnerships, the World Bank (WB), Mari Elka Pangestu today paid a courtesy call on Minister of Finance Janardan Sharma at the latter’s office in Singha Durbar. On the occasion, the minister reminded of relations and development partnerships between Nepal and the WB for a […]
Newbaneshwor
Kathmandu, Nepal
4479401
Editor : Mr. Divesh J.B. Rana
Chairperson : Mr. Kishore Thapa