Economy

Industrial sector incurs loss of Rs 200 billion due to Madhes agitation

Kathmandu / November 23: Minister for Industry Som Prasad Pandey on Monday stressed the need for ushering the country forward on a path of self-dependence. At an interaction on ‘Condition of Nepal’s industries during blockade’ held by Media International here in the capital city, Minister Pandey insisted on introducing new views and planning in agriculture […]


Mustang sees apple sale of Rs 290 million

Mustang / November 23: Farmers in Mustang district have made a good transaction of Rs 290 million from the apple sale this season The apple production this season has gone down by seven per cent in comparison to the last in Mustang – considered to be the pocket area for apple yields. Farmers, however, have […]


Ensuring round the clock power supply in a year possible (Analysis)

Ramesh Lamsal / Kathmandu: Although Prime Minister KP Sharma Oli recently announced to rid the country of power outage within one year, the statement is in question considering that many under-construction hydropower projects across the country have been affected due to the blockade imposed by India and ongoing agitations in the southern plains. Besides, construction […]


Government sending a high-level delegation to China to sign trade deal with PetroChina

Kathmandu / November 19: The government on Friday is sending a high-level delegation to China to sign a trade deal with the PetroChina. The seven-member delegation from the Ministry of Commerce and Supply is heading towards the northern neighbour to strike the deal. Joint Secretary at the Ministry of Commerce and Supply Shambhu Ghimire is […]


Birgunj dry port waives parking fees of containers

Birgunj / November 17: The Birgunj dry port has waived the parking fees of containers and warehouses for the imported goods. Himalayan Terminals, the dry port operator, announced to waive the parking fees of 40 days for the importers stating that the good suppliers were unable to supply the commodities due to an indefinite strike […]


Chinese proposal to bring gas bullets directly to Panchkhal

Kathmandu / November 15: Nepal’s Ambassador to China, Dr Mahesh Maskey, has today met with Vice-President Nanda Bahadur Pun at the Office of the Vice President at Bahadur Bhawan. During the meeting, Ambassador Maskey briefed Vice President Pun that final preparation of signing a trade agreement was underway as the agreement in principle was already […]


NOC delegation leaves for Bangladesh to discuss possibility of fuel supply

Kathmandu / November 14: A delegation of the Nepal Oil Corporation (NOC) has left here for Bangladesh on Saturday to carryout study on feasibility for importing petroleum products. The NOC, which has been searching different alternatives due to fuel crisis in the country following unannounced border blockade by India, send the team to Bangladesh for […]


Number of domestic tourists visiting Mustang increasing

Mustang / November 13: At a time when foreign tourist flow has reportedly declined, following devastating April 25 earthquakes and frequent agitations in Nepal, Mustang is not likely to suffer from this incident with the flow of domestic tourists increasing in the tourist destination area lately. Khagendra Tulachan, chairman of the Mustang Chamber of Commerce […]


Repercussions of political unrest threatens to envelop economy (Commentary)

By Sandesh Shrestha / Kathmandu, Nov 11: The relentless agitation in the southern belt of the country by the United Democratic Madhesi Front (UDMF) and the Indian government’s undeclared blockade on essential supplies at the border is having an adverse impact on the Himalayan country’s now-growing economy. The continuing strike and the economic embargo has […]


Govt. to speed up construction of big hydropower projects

Kathmandu / November 08: Amid fuel crisis caused by an ‘unofficial’ blockade of supplies into the country by India, the government is planning to speed up the constructions of big hydropower projects, a source said. The source said that the government is resorting to the move to make the country independent in terms of fuel […]




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