U.S. agrees to cut tariffs on Switzerland to 15 pct

7 months ago

The U.S. administration has agreed to lower its tariffs on imported Swiss products to 15 percent from 39 percent, the White House said in a statement on Friday.After months of...

'Feature of Nepal's economy is gradually shifting'

7 months ago

Kathmandu, Nov 14: Finance Minister Rameshore Khanal has underscored the need for market-oriented liberal economy, though the feature of Nepal's economy was gradually shifting.At a seminar organized Friday by the...

Water shortage pushes Kyrgyzstan, Tajikistan into energy crisis

7 months ago

Kyrgyzstan and Tajikistan are facing an energy crisis as water levels have plummeted at the reservoirs powering their largest hydropower stations, officials said this week.The two landlocked Central Asian countries...

China's fixed-asset investment down 1.7 pct in first 10 months

7 months ago

China's fixed-asset investment went down 1.7 percent year on year in the first 10 months of 2025, data from the National Bureau of Statistics showed Friday....

S. Korea's export volume turns downward in October

7 months ago

South Korea's export volume turned downward due to weaker demand for locally-made chemical products and equipment, central bank data showed Friday.The export volume index fell 1.0 percent in October from...

Slight drop in gold and silver price

7 months ago

Kathmandu, Nov 14: The price of gold and silver has slightly decreased in the domestic market today as compared to Thursday. The price of gold has dropped by Rs 500...

EU backs small parcel duties to tackle China import flood

7 months ago

EU states on Thursday agreed to scrap a bloc-wide duty exemption on low-value orders from the likes of retail giants Temu and Shein to help tackle a flood of cheap...

PM Karki directs to expedite work to bring NAC aircraft into operation

7 months ago

Kathmandu, Nov 13: Prime Minister Sushila Karki has directed the Nepal Airlines Corporation authorities to bring the engine of the A-320 aircraft, currently in Israel, swiftly to resume operations through...

Protocol to Nepal-India Transit Treaty amended to allow all types of cargo

7 months ago

Kathmandu, Nov 13: With the amendment of the Protocol to the Transit Treaty between Nepal and India, all types of cargo can now be transported to Bhairahawa via Kolkata and...

Power tariff dues worth Rs 238.7 million recovered from 35 industries

7 months ago

Kathmandu, Nov 13: A total of 25 new industries using electricity through 'dedicated' and 'trunk line' systems during the load-shedding period have started paying their long-held dues in power tariff. ...

World Bank projects Nepal's economic growth to slow amid political transition

7 months ago

Kathmandu, Nov 13: The World Bank (WB) has said that reflecting the recent unrest and heightened political and economic uncertainty, Nepal's real GDP growth is projected to slow to 2.1...

News Commentary: Boost private sector's morale to prop up national economy

7 months ago

Kathmandu, Nov 13: Two months have passed since the September 8-9 Gen Z protest that rocked Nepal, toppling the KP Oli-led government and causing the dissolution of the House of...

India announces $5 billion to cushion US tariff impact

7 months ago

India has unveiled a $5 billion plan to boost export competitiveness as it reels under punishing US tariffs. Washington has tied issues of war and peace to trade, slapping...

Gold, silver price increases

7 months ago

Kathmandu, Nov 13: The price of gold and silver has increased in the domestic market today as compared to Wednesday. According to the Federation of Gold and Silver Dealers'...

Russia joins _Double 11_ shopping frenzy as e-commerce surges

7 months ago

Across Moscow's bustling streets, bright "11.11" billboards have sprung up in shopping malls, metro stations and on major thoroughfares, promoting the "Double 11" sales of Russian online sellers.The Double 11,...