Economy

250 MW of electricity to be imported from India for winter

Kathmandu / Nov. 22: The Nepal Electricity Authority (NEA) is going to import up to 250 megawatt of electricity from India to ensure smooth supply of electricity during the winter. The water level in the river recedes in the winter, especially during January, February and March leading to lesser generation of power in the hydro […]


Impact of Oil in world economy

Adarsha Subedi / Kathmandu: Oil is one of the most important commodities in the world. With all the countries focusing on growth and development, oil can be regarded as the key resource. Oil can be transformed into various sources of energy to benefit the modeling of infrastructures and tools for develop-ment. Oil extraction and production […]


Tea farmers in mood of quitting tea farming

Pashupatinagar / Nov 5 : Tea farmers in Ilam district are in mood of quitting the tea farming due to price dispute and lack of workers. Hundreds of farmers have come to this stage for lack of government support at the tea sector. The tea farmers said that they are disappointed towards tea farming as […]


Central bank to issue Development bond worth Rs 20 billion

Kathmandu / Nov. 2: Nepal Rastra Bank (NRB) is issuing the ‘Development Bond 2087 Gha’ worth Rs 20 billion on November 4. The central bank is working to issue the bond through a competitive process on behalf of the Government of Nepal. Issuing a press statement Monday, the central bank said that the interest rate […]


Pokhara hopeful of tourism revival with mobility of domestic tourists

Gandaki, Oct 30 : Mobility of domestic tourists has increased lately in Pokhara, a major tourism hub of the country, raising hopes of revival of tourism industry among the local tourism entrepreneurs. Badly dented by global COVID-19 pandemic, a glimmer of hope has been raised with the increasing number of domestic visitors in this ‘Lake […]


90 percent occupancy in domestic flights

Kathmandu / Sept. 29: More than 90 per cent occupancy has been recorded in domestic flights. The domestic flights were operated amidst the COVID-19 pandemic since September 21 adopting health safety precautions. The airlines companies operating domestic flights are providing air service by following the health safety protocols. The airlines companies are also adding the […]


DHN receives license to develop 70MW Dudhkoshi-2

Solukhumbu / Sept 29: Dudhkoshi Hydropower Nepal (DHN) has received the license for developing the 70MW Dudhkoshi-2 hydel project. DHN’s Public Relations Officer Janakraj Khanal said that the license was received on Monday for power development in the Dudhkoshi River at Thulung Dudhkoshi Rural Municipality in Solukhumbu district. Khanal said that a dam for this […]


Inflation down to 3.49 percent in Mid-August

Kathmandu / Sept. 26: The consumer price inflation stood at 3.49 per cent in mid-August 2020 compared to 6.95 per cent a year ago. Food and beverage inflation stood at 5.38 per cent whereas non-food and service inflation stood at 2.04 per cent in the review month, according to the macroeconomic and financial report published […]


IFC study calls for improving women’s contribution, participation in hydropower sector

Kathmandu / Sept 22: Companies and women in Nepal would stand to benefit if greater action were taken to improve women’s participation in and contribution to the hydropower sector, a study carried out by the International Finance Corporation, a member of the World Bank Group, said on Tuesday. The study of 20 companies is part […]


Nepal’s domestic airlines to resume flights from today

Kathmandu / Sept 21: Domestic airlines in Nepal are all set to resume their flight services starting Monday. The internal air services have remained suspended since March after the government announced a nationwide lockdown to contain the spread of COVID-19. Airline operators had been pressing the government to let them resume their services as the […]




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