Economy

Committee formed to coordinate construction of infrastructures at Melamchi affected area

7 months ago

Kathmandu, Nov 25: The government has formed a committee to monitor, and establish inter-agency coordination and facilitation of the issues related to infrastructure development of areas affected by Melamchi Water...

Gold and silver price continue upward trend

7 months ago

Kathmandu, Nov 25: The price of gold and silver continues to rise in the domestic market due to the impact of the price fluctuation in the international market, the constant...

ADB opens door to nuclear power support under new energy policy

7 months ago

The Asian Development Bank (ADB) has said that recent changes to its energy policy will allow the institution to support nuclear power projects for the first time, subject to strict...

Mustang sells potatoes worth Rs 628 million

7 months ago

Mustang, Nov 25: Mustang district produced potatoes worth Rs 628 million in the current fiscal year, according to the Agriculture Knowledge Center Office, Mustang.The Office shared that five local levels...

The Global Gambit: How Mukesh Thakur is Rewriting the Rules of International Business

7 months ago

In the constellation of strategic business decisions that define corporate success, few moves are as bold—or as consequential—as Mukesh Thakur's 2021 decision to relocate Gaurssa Corporate Group's headquarters from Kathmandu...

AI delay may jeopardise Europe's future, says ECB chief

7 months ago

European Central Bank chief Christine Lagarde warned Monday that a delay in embracing artificial intelligence could "jeopardise" the continent's future, urging barriers to its adoption to be swiftly lifted."We need...

Spain's Telefonica to seek 5,000 job cuts: union

7 months ago

Debt-laden Spanish telecoms giant Telefonica will cut up to 5,040 jobs at three subsidiaries as part of a major restructuring, the UGT union said Monday.Some 3,649 jobs would go at...

Special Economic Zone (SEZ) rates to be reduced to Rs 5 per month

7 months ago

Kathmandu, Nov 24: The government of Nepal has decided to scrap the Special Economic Zone (SEZ) Operational Standards and Procedures, 2071 BS. Education Minister Mahabir Pun shared that today's Cabinet...

Delayed budget release behind low development spending: Minister Ghising

7 months ago

Kathmandu, November 24: Minister for Energy, Water Resources and Irrigation, Kulman Ghising, has said the delayed budget release is one of the primary reasons for the low development spending in...

Construction of industrial village in limbo for seven years

7 months ago

Parbat, Nov 24: An under-construction industrial village at Pang of Kusma municipality under the 'one local-level, one industrial village' programme is in limbo for seven years.The undertaking has hit the...

New transportation terminal begins construction in W. Afghanistan

7 months ago

The Afghan Ministry of Transportation and Aviation has officially launched the construction of a new transportation terminal in Zaranj city, the provincial capital of western Afghanistan's Nimroz province, the state-run...

Farmers yearn for hassle-free harvest, plantation

7 months ago

Devdaha (Rupandehi), Nov 24: As were the previous years, the plight and worries the farmers are facing this year are the same- short supply of chemical fertilizers and seed, and...

Social Security Fund collects Rs 95.44 billion from contributors

7 months ago

Kathmandu, Nov 24: Six years since its establishment, the Social Security Fund has collected a total of 95.44 billion from its contributors.According to the Fund, the amount was collected from...

Physical Infrastructure Reconstruction Fund receives Rs 93 million

7 months ago

Kathmandu, Nov 24: The Physical Infrastructure Reconstruction Fund has received Rs 10.1 million from Life Insurance Corporation Nepal on Sunday.Chief Executive Officer of LIC Nepal Pranaya Kumar handed over the...

Challenges in importing goods from China as Kerung border obstructed for five months

7 months ago

Kathmandu, Nov 23: Nepali entrepreneurs have encountered significant challenges since the Kerung border has been shut for the last five months. On July 8, flooding in the Lamde Khola at...

Gold, silver price climbs

7 months ago

Kathmandu, Nov 23: The price of gold has increased in the domestic market today following the increase in its demand and price rise in the international market.The price of gold...