Economy

Nepal, India sign B2B Framework Agreement on petroleum infrastructure development

1 month ago

Kathmandu, October 3 — Nepal and India have reached the B2B Framework Agreement regarding the development of petroleum infrastructure in Nepal. Executive Director of Nepal Oil Corporation (NOC), Dr...

Nepal, Bangladesh, and India formalize electricity export deal

1 month ago

Kathmandu, October 3 — A long-awaited historic trilateral agreement regarding the export of electricity from Nepal to Bangladesh has been signed between Nepal, Bangladesh, and India. On Thursday, at...

Kathmandu to Muglin: 6-hour travel time amid increased traffic

1 month ago

Kathmandu, October 3 — With the start of Dashain, the number of passengers returning home from Kathmandu has increased. Alongside this, the Muglin–Narayangadh road is currently busy. Due to...

Janakpur-Lukla alternative flights grounded, tourists diverted to west

1 month ago

Kathmandu, October 3 — The Everest flights initiated from Janakpur as an alternative to Ramechhap Airport have failed within two days. After the road from Kathmandu to Manthali was damaged,...

NRB amends directives, holds banks accountable for money laundering

1 month ago

Kathmandu, October 3 — The central bank can now take action against officials and employees of banks and financial institutions involved in money laundering. This provision has been established by...

Gold prices soars

1 month ago

Kathmandu, October 3 — The price of gold in the Nepali market approached NPR 161,000 per tola (11.66 grams) on Thursday. According to the Federation of Nepal Gold and Silver Dealers...

In historic first, Nepal to export electricity to Bangladesh

1 month ago

Kathmandu, October 3 — After extensive homework and discussions, Nepal's electricity is set to be exported to Bangladesh. This agreement marks the first time that Nepal will export electricity to...

Property worth Rs 300 million of telecom, internet providers damaged

1 month ago

Kathmandu, October 2 — Properties worth around Rs 300 million of telephone and internet service providers were damaged from landslide, floods and inundation triggered by the recent incessant rainfall in...

Airfares adjusted following decrease in petroleum prices

1 month ago

Kathmandu, October 2 — Following a decrease in petroleum prices, airfares have also been adjusted. The Civil Aviation Authority of Nepal (CAAN) implemented new fare rates on Wednesday based on...

Nepal Bank Limited introduces 'Accessible Housing Loan'

1 month ago

Kathmandu, October 2 — Nepal Bank Limited has launched the 'Nepal Bank Limited Accessible Housing Loan' at the interest rate of 7.70%. Under this accessible housing loan, customers can...

World Bank projects Nepal's economic growth at 5.1% for 2025

1 month ago

Kathmandu, October 2 — The World Bank has projected that Nepal's economic growth rate for the current fiscal year (2081/82, or 2025) will be 5.1 percent, while the government has set...

Gold and Silver prices on the rise

1 month ago

Kathmandu, October 2 — The price of gold has risen in the local market on Wednesday. The hallmark gold, which was traded at 160,000 rupees per tola (11.66 grams)...

1100 MW electricity thrown out of systems due to recent disaster

1 month ago

Kathmandu, October 2 — This year's recent floods and landslides have taken huge toll on the production of electricity. At least 1,100-MW hydro electricity has been thrown out of the...

Realme launches "Bada Dashain Tiharko Bada Offer" campaign

1 month ago

Kathmandu, October 1 — Smartphone brand Realme has launched the "Bada Dashain Tiharko Bada Offer"— roughly translated as "Big Dashain and Tihar's Big Offer" — campaign. Under this...

Trading volume doubles: NPR 7.61 billion in transactions on Tuesday

1 month ago

Kathmandu, October 1 — The Nepal Stock Exchange (NEPSE) saw a significant increase on Tuesday, rising by 4.57% (114.70 points) to reach 2,623.56 points. Trading volume also doubled compared to...

Vijay Kumar Shah family pledges NPR 40 million for Pediatric ICU at KIOCH

1 month ago

Kathmandu, October 1 — The Vijay Kumar Shah family has pledged NPR 40 million to support the construction of the Pediatric Surgery Intensive Care Unit (PSICU) and Day Care Surgery...