Economy

Finance Minister issues directive for paying dues to dairy farmers

Kathmandu / March 15: The Ministry of Finance is to immediately pay the dues to the dairy farmers. Finance Minister Barshaman Pun has directed the high officials of the Ministry, including the Revenue Secretary Dr Ram Prasad Ghimire, to immediately take forward the process of paying the dairy farmers, according to the Finance Minister’s Secretariat. […]


Nepal and Bangladesh reach agreement on electricity tariff

Kathmandu / Mar 12: The Nepal Electricity Authority (NEA) and Bangladesh Power Development Board (BPDB) have reached an agreement on the tariff for the electricity to be exported from Nepal. Recently, during a World Bank program in Singapore in the presence of energy secretaries of the two countries, NElA Managing Director Kulman Ghising and BPDB […]


Remittance inflow up by 21.7 %; Consumer price inflation dips to 5.01%

Kathmandu / Mar 10: Remittance inflows recorded in the first seven months of the current Fiscal Year (FY) increased by 21.7 per cent. According to the Nepal Rastra Bank (NRB) data published today, remittance inflows increased by 21.7 per cent to Rs 834.5 billion in the review period of the first seven months of this […]


FinMin Pun invites US investors in Investment Summit

Kathmandu / March 10: Finance Minister Barshaman Pun has urged US investors to participate in the 3rd Nepal Investment Summit scheduled to be held in April. During a meeting with the US Ambassador to Nepal, Dean R. Thompson, at the Finance Ministry on Sunday, Minister Pun urged the US Envoy to create an environment conducive […]


EU supports promoting sustainable coffee farming in Sudurpashchim

Doti / March 2: In a bid to introduce sustainable and scientific methods in commercial farming of Nepal’s specialty coffee applying sustainable techniques, local potential farmers are being trained in Shikhar Municipality of Doti district in Sudurpaschim Province. The training is jointly organized by the European Union Trade and Investment Programme under the Ministry of […]


118 pharmacies operated against basic standards in KMC

Kathmandu / March 1: The Kathmandu Metropolitan City has said that 118 pharmacies found to have operated within KMC are found not following basic standards. KMC Health Department has carried out monitoring of pharmacies from October 8, 2023. In the course of monitoring pharmacies operated in wards 1, 2, 3 and other wards so far, […]


Study Committee submits report about NAC’s structural reforms; calls for realistic action plan

Kathmandu / Feb 29: Report Study and Implementation Recommendation Committee under Nepal Rastra Bank (NRB) former governor Deependra Bahadur Kshetry-led Nepal Airlines Corporation Structural Reforms Study Committee has submitted its fourth report. The Report Study and Implementation Recommendation Committee led by former Captain Kul Bahadur Limbu submitted the report jointly to the Minister for Culture, […]


NEA makes Rs. 15.36 billion profit; mulls over increasing electricity tariff by 10 to 15 %

Kathmandu / Feb 28: Nepal Electricity Authority (NEA) has earned a sum of Rs. 15.36 billion as profit for the last six months of this fiscal year, which amounts to nearly five billion rupees more than it earned in the same period last year. Out of Rs. 67.28 billion of total income, the NEA spent […]


CIB arrests two former CEOs of Century Bank, 10 others

Kathmandu / Feb 27: The Central Bureau of Investigation (CIB) arrested two ex-Chief Executive Officers (CEOs) of Century Bank, along with 10 others, for banking offenses, on Tuesday. Manoj Neupane, who previously served as the CEO of Century Bank, later assumed the position of Deputy CEO at Prabhu Bank following the merger of Century Bank […]


DoC and NRB start joint onsite inspection of cooperatives with capital base of over Rs 500 million

Kathmandu / Feb 25: The Department of Cooperatives (DoC) in collaboration with Nepal Rastra Bank (NRB) has started onsite inspection of big cooperatives that have been carrying out huge financial transactions on a daily basis. According to the DoC, three groups in coordination of the department’s deputy-registrar Tola Raj Upadhyaya have started the onsite inspection […]




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