Economy

NEA to invest Rs 3 billion for cross border transmission lines

7 months ago

Kathmandu, Nov 21: The Nepal Electricity Authority (NEA) is investing Rs 3 billion for a joint venture to be established for the development of two cross border transmission lines.The NEA...

US unemployment up even as hiring beats expectations in delayed report

7 months ago

The US jobless rate crept up in September even as hiring exceeded analyst expectations, according to a delayed employment report published Thursday after a record-long government shutdown.The world's biggest economy...

Efforts on to augment Indian investment in Nepal: Chair KC

7 months ago

Kathmandu, Nov 20: Chairman of Nepal-India Chamber of Commerce and Industry (NICCI), Sunil KC, has said there is a huge potential of investment in Nepal, so NICCI is making efforts...

Probe panel on purchase of billing system at Nepal Telecom submits report

7 months ago

Kathmandu, Nov 20: The investigation committee on purchase of the Nepal Telecom billing system has submitted its report.Former secretary and coordinator of the committee, Maniram Gelal, presented the report to...

Bagmati raises revenue of Rs 11.59 billion in first four months

7 months ago

Bagmati, Nov 20: The Bagmati province government has raised revenue over Rs 11.59 billion or 17.18 percent of its annual target for the fiscal year 2082/83 BS.The land and house...

Indigenous Kalanamak variety of rice on verge of disappearance in Banke

7 months ago

Ranjha (Banke), Nov 20: The Kalanamak variety of rice is gradually disappearing in Banke as farmers are giving it less preference, citing low productivity.According to farmers, this rice variety requires...

Slight increase in gold and silver price

7 months ago

Kathmandu, Nov 20: The fluctuation in the price of gold and silver in the international market has its impact in the domestic market as well. The price of both gold...

Vietnam's public transport in major cities to run on green energy by 2030

7 months ago

Vietnam aims for all public transport vehicles in the capital Hanoi and the southern hub Ho Chi Minh City to use clean, green and environmentally friendly energy by 2030, Vietnam...

IMF flags deep corruption risks, urges urgent reforms to lift Pakistan's economic growth

7 months ago

The International Monetary Fund (IMF), in its long-awaited Governance and Corruption Diagnostic Assessment (GCDA), has highlighted persistent corruption challenges in Pakistan driven by systemic weaknesses across state institutions and called...

Production of maize increases in Tanahun

7 months ago

Dumre (Tanahun), Nov 20: Tanahu has recorded a rise in maize production this year.In the past, farmers had to face pests during planting and harvesting maize, as well as lack...

Investment for Betan Karnali semi-reservoir based hydro project approved

7 months ago

Kathmandu, Nov 19: The Investment Board is set to approve the investment for the Betan Karnali Semi Reservoir-based Hydropower Project (439 MW).In this connection, the Board has decided to form...

China passes US to return as Germany's top trade partner

7 months ago

China has reclaimed its title as Germany's top trading partner, dethroning the United States after President Donald Trump launched his tariff onslaught, official data showed Wednesday.Total trade between Europe's biggest...

KMC amasses over Rs 3.22 billion in revenue to date of current FY

7 months ago

Kathmandu, Nov 19: The Kathmandu Metropolitan City (KMC) has reported a revenue collection of over 3.22 billion by the end of Kartik (November 16) in the ongoing fiscal year 2025/26....

Government issues 12-point directive to further regulate casinos

7 months ago

Kathmandu, Nov 19: The government has issued a 12-point directive with the aim of bringing casinos under further legal regulation.The Department of Tourism under the Ministry of Culture, Tourism and...

Report says Australia's hospital funding system in need of reset

7 months ago

Australia's system for funding its public hospitals is wasting money on avoidable costs and needs a reset, according to a new report.The report, published by independent think tank the Grattan...

Major stock market indices worldwide

7 months ago

The following are the indices of major stock markets worldwide on Wednesday.IN ASIAThe Shanghai Composite Index opened at 3,937.92 points, down 1.89 points, or 0.05 percent.The Shenzhen Component Index opened...