English

Economy

China's installed power capacity sees steady expansion

China's installed power capacity sees steady expansion

China's total installed power-generating capacity reached 3.79 billion kilowatts (kW) by the end of November, marking a 17.1 percent year-on-year increase, official data showed on Friday.Solar power capacity led the...

Gold and silver prices continue to rise

Gold and silver prices continue to rise

Kathmandu, Dec 26: The prices of gold and silver have continued to climb in the local market over the past few days due to the influence of a stronger US...
Asia markets edge up amid thinned holiday trade

Asia markets edge up amid thinned holiday trade

Asian markets edged slightly higher on Friday amid holiday-thinned trade, though some exchanges remained closed for the Boxing Day holiday.Gold continued to hover around its record high and silver reached...
China's high-speed rail network passes 50,000km mark

China's high-speed rail network passes 50,000km mark

China's sprawling high-speed rail network passed 50,000 kilometres (31,000 miles) in total operating distance with the opening of a new line on Friday, state media reported.The country has the world's...
Trade fair boosts economy: FNCCI President Dhakal

Trade fair boosts economy: FNCCI President Dhakal

Ranjha (Banke), Dec 25: President of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI), Chandra Prasad Dhakal, has said trade fair and festival help boost economy and tourism.The...
'Not monetary but fiscal policy has problems'

'Not monetary but fiscal policy has problems'

Kathmandu, Dec 24: Experts have argued that monetary policy alone is not sufficient to address the problems such as low capital spending, rising trade deficit and weak institutional capacity that...
Social Security National Campaign launched

Social Security National Campaign launched

Kathmandu, Dec 24: A Social Security National Campaign targeting informal sector and self-employed workers has been launched today.The campaign was inaugurated during a programme organized by the Ministry of Labour,...
Gold and silver prices hit new record high

Gold and silver prices hit new record high

Kathmandu, Dec 24: Prices of gold and silver have continued to climb over the past several days, repeatedly setting new records.According to the Federation of Nepal Gold and Silver Dealers’...
China's power use sees steady growth in November

China's power use sees steady growth in November

China's electricity consumption, a key barometer of economic activity, saw steady expansion in November, official data showed on Wednesday.Power use rose 6.2 percent year on year in November to 835.6...