Economy

Over one million tourists’ visited Nepal in 2018

Kathmandu / Jan 08: The number of tourists visiting Nepal increased noticeably this past year, Nepal Tourism Board said. More than one million tourists from around the world visited Nepal in 2018. According to the statistics of Nepal Tourism Board, 11,73,072 tourists arrived in the country. “The tourist arrival rate increased by 24.55 per cent […]


Petrol, diesel, kerosene prices cheaper by Rs 2/litre

Kathmandu / Jan 2: Nepal Oil Corporation (NOC) has slashed the prices of petroleum products on Wednesday. The state-owned monopoly said that the prices of petrol, diesel and kerosene have been slashed by Rs2 per litre. The new price will be effective from Wednesday midnight. Following the price cut, petrol will now cost Rs108 per […]


Biratnagar Airport envisioned as regional international airport

Biratnagar / Dec 31: Chief Minister of Province 1 Sherdhan Rai has opined for the acquisition of land to develop Biratnagar Airport into a regional international airport. While inaugurating the programme to mark the 20th anniversary of Civil Aviation Authority of Nepal here today, CM Rai stated that 250 bigha of land had to be […]


Nepal, India agree on energy banking

Kathmandu / Dec 27: Nepal and India have agreed on banking energy. The 13th meeting of the Power Exchange Committee (PEC) held in the Indian capital New Delhi on Thursday took a decision to this effect. Nepal had proposed with India to exchange power between the two countries according to which Nepal would supply energy […]


Remittance inflow ups; BoP in huge deficit: NRB

Kathmandu / Dec 24: The Nepal Rastra Bank (NRB) has revealed that the remittance inflow has increased by 36.4 per cent in the four months of the current fiscal year while the nation’s balance of payment (BoP) remains at a deficit of Rs 57.33 billion. According to the central bank, the workers’ remittances increased 36.4 […]


Fast track construction works moving ahead satisfactorily

Kathmandu / Dec 22: The construction of the fast track linking Kathmandu to Tarai has been found satisfactory. The Nepal Army is tasked to complete the construction of the fast track, a national pride project. Such observation was made by the Development and Technology Committee of the House of Representatives which made the field visit […]


Nepse suffers double-digit fall

Kathmandu / Dec 18: The domestic share market that surged for the two straight days on Sunday and Monday was hit by a double-digit fall today, the third day of the week. The Nepal Stock Exchange (NEPSE) index plummeted 14.61 points to close at 1,168.17 points, making the investors disappointed. According to the NEPSE, the […]


NEA signs PPA with 52 projects in five months

Kathmandu / Dec 17: The Nepal Electricity Authority (NEA) has in the first five months of the current fiscal year signed the power purchase agreement (PPA) with 52 hydropower projects. As told by NEA Spokesperson Prabal Adhikari, the total capacity of such projects is 1,051 megawatts. All of them has the private sector investments, and […]


No need to worry about investment atmosphere: Dr Khatiwada

Kathmandu / Dec 11: Finance Minister Dr Yubaraj Khatiwada has said there was no such atmosphere that discourages share investors because overall indicators of national economy were positive. During a meeting of the Finance Committee of the House of Representatives on Tuesday, Minister Dr Khatiwada affirmed that he was for making the share market a […]


Tourism Festival to be organised in Ilam

Kathmandu / Dec 4: A tourism festival is to be organised in Ilam with the objective of overall promotion of tourism in Jhapa, Ilam, Panchthar and Taplejung districts of Province 1. The event, called Mechi Area Tourism Festival Ilam-2018, is going to be organised from December 20 to 31. It is being organised with the […]




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