Economy

Tourists start to bustle in Chitwan

Chitwan / Aug. 25: Sauraha, a popular tourist destination, which had seen a sharp decline in the flow of tourists following the recent flood incidents, have started witnessing increase in the number of tourists. Of a total 110 hotels in the locality that came across the brunt of inundation the locality following August 13 flood, […]


Rain affects Upper Tamakoshi works, cost expected to rise

Charikot / Aug. 20: Monsoon rain coupled with other factors have affected the construction works of Upper Tamakoshi Hydropower Project. Repercussion of rainfall, ongoing upgradation of Lamo Shaghu-Jiri road section and the rise and fall of US Dollars among others have been reasoned to have affected the construction process, while also increasing the cost of […]


Nepal – China seal agreements on petroleum products survey, investment and promotion

Kathmandu / Aug. 15: Nepal and China have sealed three important agreements with long term impact on Nepal’s socio-economic development. Following on the heels of a high-level dialogue among the top government officials from both the neighbours, agreements were held on three different topics – Economic and Technological Cooperation, China -Aid Oil and Gas Resources […]


Stronger partnership, deeper collaboration to combat BIMSTEC challenges: PM Deuba

Kathmandu / Aug. 10: Prime Minister Sher Bahadur Deuba has underscored the need for stronger partnership and deeper collaboration among the BIMSTEC member states in order to combat the challenges facing the BIMSTEC region. In his inaugural address to the 15th BIMSTEC Ministerial Meeting in the capital city Thursday evening, the Prime Minister said, “Poverty […]


Electricity from India to cost Rs 10 per unit; Additional electricity to be imported from India 

Kathmandu / Aug. 09: Nepal Electricity Authority (NEA) has determined the new tariff for the electricity that is being imported from India. The meeting of the Nepal-India Electricity Exchange Committee held on Tuesday in New Delhi of India has fixed the tariff to be Rs 8.88 in minimum to Rs 10.32 in maximum per unit. […]


Govt committed to construct Arun-III soon: Minister Karki

Kathmandu / Aug. 5: Minister for Finance Gyanendra Bahadur Karki on Saturday said that the government would move ahead with the construction work of the Arun-III hydropower project. Stating that the project is related to the country’s prosperity, Minister Karki said that the government was committed to constructing the Arun-III project soon. Speaking at a […]


Gold worth Rs 30 billion imported annually

Kathmandu / Aug. 5: Nepal imports gold worth Rs 30 billion annually, according to Kathmandu Gold Silver Dealers Association KGSDA. The Association, in its 15th annual general meeting held here today, also shared that the trade of gold and trade contributes Rs 9 billion to country’s national exchequer. Kathmandu Metropolitan City (KMC) mayor Bidya Sundar […]


Construction of Pokhara Regional Intl Airport begins

Pokhara / Aug 2: The construction of the Pokhara Regional International Airport has started. Formally initiating the construction works, Minister for Culture, Tourism and Civil Aviation, Jitendra Narayan Dev said the Pokhara regional international airport would be an important basis for the development of tourism. He stressed on the expansion of air routes along with […]


Stock market sees transaction above 5.5 billion

Kathmandu / July 29: The stock market this week saw transaction worth Rs. 5.53 billion. Altogether 9.58 million shares of 170 companies were traded during the week, according to Nepal Stock Exchange (Nepse). The transaction is 16.75 per cent higher in compared to the previous week. Last week shares of 165 companies worth Rs. 4.73 […]


Handicrafts worth Rs 4.80 billion exported; Revenue generated from tourist entry fee doubled in Bhaktapur

Kathmandu / July 23: Handicrafts worth Rs 4.80 billion have been exported from the country in the fiscal year 2016/17. Different handicrafts manufactured from bamboo, Dhaka, crystal, leather, paintings, papers, silver ornaments were exported to foreign countries during the period. According to Federation of Handicraft Association of Nepal, the highest amount of handicrafts was exported […]




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Japan Hands Over the Sanitary Napkin-Making Machine in Parsa

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Veteran singer, musician Bhakta Raj Acharya passes away

Trade deficit of Rs 811 billion in first seven months

WHO congratulates Nepal for legislation to restrict trans-fatty acids in food




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