Kathmandu / Nov 18: The government with support of the World Bank (WB) has launched the Rural Enterprise and Economic Development (REED) Project. Minister for Agriculture and Livestock Development Mahindra Ray Yadav and the WB Country Director for Maldives, Nepal, and Sri Lanka Faris Hadad-Zervos jointly launched the project amid a special program held on […]
Ajay Chhetri / Kathmandu, Nov. 17: The federal government expenditure in the first four months of the current fiscal year (FY) has remained encouraging in comparison to the previous FY. Total expenditure in the first four months of the current FY recorded Rs. 287.5 billion up from Rs 268.9 billion of the same period in […]
Kathmandu / Nov. 16: The amount of remittance of the first three months of the current fiscal year (FY) has decreased by 7.6 per cent in comparison to the same period of the previous FY. According to the “Current Macroeconomic and Financial Situation of Nepal” released by Nepal Rastra Bank, the remittance has slid to […]
Kathmandu / Oct 26: The government has till the second month of the current fiscal year provided a loan worth one billion rupees for the payment to the employees and workers of tourism and cottage industries. The business continuity loan has been extended to the COVID-19 affected tourism, cottage, small and medium industries for payment […]
Kathmandu / Oct. 25: Trade deficit has increased by 58.28 per cent in the first quarter of the current fiscal year (FY). The Foreign Trade Statistics (FTS) provided by Custom Department showed that the trade deficit in the first quarter amounted to Rs 413.47 billion up from Rs 261.2 billion in the same quarter of […]
Kathmandu / Sept. 25: In the first two months of the current fiscal year (FY), export rose by 115.43 per cent in comparison to the same period of the previous FY. According to the Foreign Trade Statistics (FTS) released by the Department of Customs on September 25, in the first two months of the current […]
Kathmandu / Sept. 24: The World Bank’s representatives including its Vice-President for the South Asian region Hartwig Schafer have paid a courtesy call on Minister for Energy, Water Resources, and Irrigation Pampha Bhusal on Friday. In the meeting held at the Ministry of Energy, Water Resources, and Irrigation, the two discussed various projects funded by […]
Ajay Chhetri / Kathmandu, Sept. 21: Finance Minister Janardan Sharma has advocated for considering people while taking an investment decision. Addressing a program “Government Capital Expenditure and foreign direct investment in Nepal”, organized jointly by the Central Department of Economics, Kritipur and Confederation of Bank and Financial Institutions Nepal, he said that common people should […]
Kathmandu / Sept 16: Employees at the Nepal Airlines Corporation (NAC), the national flag carrier of the country, have been up in arms for more than two months heavily affecting its administrative work, said NAC’s officials. The agitating employees have put forth a four-point demand. The protest against the NAC for the past two months […]
Karnali / Sept 15 : Food crop production has increased and that of vegetables has dwindled in Karnali province, according to a study. The Provincial Economic Activities Study Report, 2020/21 published by Nepal Rastra Bank (NRB) shows that the area under food crop cultivation has increased by 2.69 per cent and the production by 6.52 […]
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Editor : Mr. Divesh J.B. Rana
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