• Saturday, May 31, 2025

Economy

Trade deficit up by 58.28% in the first Quarter

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 […]


Export doubles yet remains as One-Seventh of Imports

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 […]


Time matters more than Economic Resources: Minister Bhusal

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 […]


Finance Minister for considering People while making Investment Decision

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 […]


Employees’ Protest hampers NAC Services

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 […]


Cereal Crop Production up, Vegetable Production down in Karnali

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 […]


Nepal-Bangladesh Joint Working Group Meeting Proposed for Joint-Venture on Power Project

Ramesh Lamsal, Kathmandu, Sept 14: A joint-secretary-level meeting between Nepal and Bangladesh has proposed a joint venture in one project among two proposed large hydropower projects. Bangladesh has expressed willingness to import a total of 9,000 megawatts of electricity from Nepal by 2040. Bangladesh which is searching for a source of energy to cope up […]


WB to provide Rs 7.12 billion concessional loan to Nepal

Kathmandu / Aug 19: The World Bank is all set to provide 60 million US Dollars (equivalent to Rs 7.12 billion) concessional loan to Nepal. The aid is directed towards for Nurturing Excellence in Higher Education Programme meant to improve the quality of higher education, scale up online learning, and expand access to academic institutions […]


Monetary Policy: Inflation to be contained at 6.50 Percent

Kathmandu / Aug. 13: The monetary policy has projected that the inflation would be contained at 6.50 per cent this year while the private sector credit is expected to grow by 19 per cent. Publishing the monetary for the fiscal year 2021/22 on Friday, the Nepal Rastra Bank (NRB) announced its policy outlook. To support […]


Many BFIs not transparent in spending from CSR fund

Kathmandu / August 4: Most of the banks and financial institutions (BFIs) have been found concealing information related to the amount they spent on their corporate social responsibility (CSR). According to a report unveiled by Nepal Rastra Bank (NRB), the BFIs have not been abiding by the central bank’s guideline that requires them to make […]




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