Economy

Nepal being self reliant in these five products access_time2021-11-26

Foreign imports have always been dominant in meeting the needs of daily essentials for Nepali people. In recent years, Nepal is gradually becoming self-reliant in five products, according to a report published by the Department of Industries. These pro...

Yoga Guru Ramdev asked to become Nepal's tourism ambassador access_time2021-11-21

KATHMANDU: The government has proposed India's Yoga Guru Ramdev to become Nepal’s tourism ambassador. Minister for Culture, Tourism and Civil Aviation, Prem Bahadur Ale, on Sunday, urged the Yoga Guru to become the tourism goodwill ambassa...

Huawei hosts Huawei Connect 2021 access_time2021-11-19

KATHMANDU: With the theme of “Dive into Digital”, Huawei Nepal hosted its annual industry event “Huawei Connect 2021” on Tuesday.  Huawei held a discussion program over the practical applications of technologies like mob...

Leaders flock to Baba Ramdev’s TV launch event access_time2021-11-19

KATHMANDU, November 19: Nepali leaders flocked to Baba Ramdev’s television launch program held at Mandikhatar in Kathmandu on Thursday. Patanjali Yog Peeth Nepal launched two TV channels, Patanjali Nepal TV and Astha TV in Nepal. Prime Mini...

Gold price up by Rs 38,000 in five years access_time2021-11-11

KATHMANDU: The price of a total of gold (11.66 grams)  soared by more than Rs 38,000 in the past five years in the Nepalese market.  While analyzing the market price fixed by the Nepal Federation of Gold and Silver Dealers' Associ...

Govt to provide Rs 10,000 each to poor families as relief access_time2021-11-11

KATHMANDU, November 11: The government has decided to provide Rs 10,000 each to destitute families across the country as a relief package as a large number of general public have been left unemployed due to the COVID-19 pandemic. The Ministry of Fin...

Price of petrol, diesel,  kerosene goes up by Rs 3 per litre once again access_time2021-11-11

KATHMANDU, November 11: The government has hiked the price of fuel with effect from Wednesday midnight. Accordingly, petrol, diesel and kerosene prices have been increased by Rs 3 per litre. The meeting of the Nepal Oil Corporation Board of Director...

Solar energy attracting investors, 11 projects granted permission for survey access_time2021-11-09

KATHMANDU, November 9: The number of investors in the solar energy project has significantly increased in recent years. It may be noted that the promotion of the solar and energy mix falls on the priority of the government in its bid to seek and promot...

Air fare increases after fuel price hike access_time2021-11-04

The air service companies have increased airfare with the increase in fuel price. The umbrella organization of air service providers issued a press release on Wednesday and informed that the air fare has been increased up to Rs 440 in a one-way flight....

Government providing Rs 10,000 to COVID-affected families access_time2021-11-03

KATHMANDU: The government has prepared a work procedure for providing monetary assistance to the families of those rendered jobless due to COVID-19 crisis.   It may be noted that a meeting of the Council of Ministers held in the last week ...

Province-2 Chief authenticates bill on medals access_time2021-11-03

DHANUSHA, November 3: Province-2 Chief Hari Shanker Mishra has authenticated the bill on medals introduced by the province government to honour individuals with outstanding performance in different sectors. The certified bill has specified an arrangeme...

Samling Power’s IPO allotment, 67,890 investors get 10 unit each access_time2021-11-02

KATHMANDU, Aug 10: Allotment of ordinary shares of Samling Power Company Limited Company was concluded on Tuesday.  The company issued 7,3000 units shares as Initial Public Offering (IPO) to be distributed to the general public, between October...

84,000 plus foreign tourists arrived in Nepal in first ten months of this year access_time2021-11-02

KATHMANDU: In the first 10 months of 2021, more than 84,000 foreign tourists arrived in the country.  According to the data released by the Nepal Tourism Board (NTB), 84,332 foreign tourists visited Nepal from January to October this year. I...

Govt to provide upto 65 percent subsidy to flood-hit paddy farmers access_time2021-10-29

KATHMANDU: The government has decided to give up to 65 percent in subsidy to paddy farmers for the loss they incurred from the recent flooding.   A meeting of the Council of Ministers held on Thursday took a decision to dole out subsidy am...

Gold price up, silver price remains stable access_time2021-10-28

KATHMANDU, October 28: The price of yellow has increased by Rs 400 per tola in Nepali market today. The hallmark gold is being traded at Rs 92, 400 per told today against Rs 92,000 Wednesday. Federation of Nepal Gold and Silver Dealers' Associat...

Electric microbus imported via Rasuwa checkpoint access_time2021-10-28

RASUWA, October 28: Electric microbuses have been imported via Nepal's northern border checkpoint, Rasuwagadhi. A total of 22 microbuses were imported on Wednesday evening. Entrepreneurs from the private sector imported electric vehicles focusing o...

Unseasonal rain damages over 3,000 metric tonnes of paddy crop in Gandaki access_time2021-10-26

The incessant rainfall that occurred from October 17 has damaged more than 3,000 metric tonnes of paddy crop in Gandaki province. Paddy crop planted on 117 thousand 131 hectares of land in the province, around 3,035 metric tonnes of paddy crop was d...

Dhaka cloth trade down with Corona Virus access_time2021-10-24

PALPA, October 24: Kamala Rayamajhi of Chhahra in Rainadevi Chhahra Rural Municipality-4, was very excited when she started a shop in Silkhantol, Tansen five years ago to trade in Dhaka cloth. But is now very disappointed with the business slowing d...

Biratnagar Airport resumes its service from today access_time2021-10-23

18 flights scheduled for Saturday KATHMANDU, October 23: Biratnagar Airport in Morang district has resumed its service from Saturday. The Airport was inundated and suffered several damages due to unseasonal incessant rainfall this week. Biratn...

Unseasonal rains damage paddy  crops worth Rs 7.22 billion access_time2021-10-22

KATHMANDU: The government has said that the paddy crops worth Rs 7.22 billion have been ruined by the unseasonal rains that occurred across the country earlier this week.  Unveiling a report on Friday, the Ministry of Agriculture and Lives...