Kathmandu / Dec 15: Consumer price inflation surged to 5.32 percent during the one month period from mid-October to mid-November this year compared to 4.05 percent during the same period last year. The four months’ report on ‘Current Macroeconomic and Financial Situation of Nepal’ released by the Nepal Rastra Bank (NRB) on Wednesday, shows that […]
Ilam / Dec. 14: Tea farmers in Ilam have urged the government to fix the support price of green leaves as the selling price is lower than the production cost. Stating that the future of tea is getting uncertain every year due to the use of chemical fertilisers and pesticides, the farmers said that the […]
Chhetu Sherpa / Kathmandu, Dec. 13: Nepal Electricity Authority (NEA) has started to import 650mw of electricity from India as the demand for electricity in the country has surpassed the amount of electricity produced in Nepal. Suresh Bahadur Bhattarai, NEA spokesperson, informed that electricity generation in the country has dwindled with the decrease in the […]
Kathmandu / Dec 8: Finance Minister Janardan Sharma has said that 90 percent of the post-earthquake reconstruction work has been completed. Speaking at an international conference on reconstruction organized by the National Reconstruction Authority to share the experience and progress of post-earthquake reconstruction with the international community, Finance Minister Sharma said that the reconstruction work […]
Kathmandu / Dec 7: Nepal has stepped up to receive a loan amounting US $ 400 million from the International Monetary Fund (IMF) under the Extended Credit Facility. According to a press statement issued by the IMF, it is supporting Nepal with a 38-month program to help the country in its process of economic recovery […]
Kathmandu / Dec. 6: The national flag carrier, Nepal Airlines, has been permitted to transport dangerous goods. This is so far the first time in its operational history of 63 years that the National Airlines is allowed to carry dangerous goods in international flight. Regulatory body, Civil Aviation Authority of Nepal has granted permission letter […]
Kathmandu / Dec 2: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has urged the government to simplify the policy and procedural difficulties in taxation. In a meeting with Shova Kanta Poudel, director general of the Inland Revenue Department on Thursday, the umbrella organization of the private sector, expressed its concern. According to […]
Kathmandu / Dec. 1: Prime Minister Sher Bahadur Deuba has urged domestic and foreign investors to invest confidently in the country as he said the government would take all possible efforts to ease the environment conducive for investments and decrease trade costs. “Your investments and properties in Nepal will be secured. I assured that the […]
Ajay Chhetri / Kathmandu, Nov 30: Inflation and cost of the loanable fund remained low in the FY 2020/21. The annual report of Nepal Rastra Bank (NRB) showed that average inflation in the FY 2020/21 remained at 3.60 per cent down from 6.15 per cent a year earlier. Also, the average interest on loan remained […]
Ajay Chhetri / Kathmandu, Nov. 29: The import of electric vehicles (EV) has increased sharply. The Customs Department data reveals that it’s triggered by 164.09 per cent to 4075 up from 1543 in the four months of the current fiscal year (FY) in comparison to the same previous duration. The data also shows a spiking […]
Newbaneshwor
Kathmandu, Nepal
4479401
Editor : Mr. Divesh J.B. Rana
Chairperson : Mr. Kishore Thapa