Construction Entrepreneurs Warn of Protests Over Unaddressed Demands

4 weeks ago

Kathmandu. The Federation of Construction Entrepreneurs of Nepal has warned of announcing new protest programs if their demands are not addressed before the upcoming budget. Federation spokesperson Mangal Bahadur Shahi...

Cabinet Meeting Sets Minimum Support Price for Paddy for FY 2083/84

4 weeks ago

Kathmandu. The cabinet meeting held on Monday decided to set the minimum support price for paddy for the upcoming fiscal year.Informing about the decisions of the meeting, government spokesperson and...

Government Plans to Reduce Budget Size and Ministry Ceilings for Upcoming Fiscal Year

4 weeks ago

Kathmandu. The government is preparing to reduce the size of the budget and the ceiling for ministries for the upcoming fiscal year. In particular, the budget for ministries responsible for...

Oil Prices Drop Amidst Potential US-Iran Peace Talks

4 weeks ago

Kathmandu. International oil markets saw a drop of nearly 5 percent at the start of new trading on Monday following news of the possibility of advancing peace talks between America...

Dhangadhi Airport Expansion Plan Stalled Due to Budget Shortage

4 weeks ago

Dhangadhi. The government's plan to make Dhangadhi Airport, the lifeline of the Sudurpaschim Province, a modern regional airport has been limited to paper for the last three financial years. Land...

126MW Lower Seti Hydropower Project to be Constructed in Tanahun

4 weeks ago

Tanahun. A 126 MW Lower Seti Hydropower Project will be constructed in Tanahun. The project, which is being built with 227 million US dollars from the Asian Development Bank, 30...

Government's 30,000 MW Hydropower Goal Faces Legal Hurdles, IPPAN Proposes 'Sunset Law'

4 weeks ago

Kathmandu. Despite the government setting a target of generating 30,000 megawatts of electricity in the next 10 years, it is difficult to achieve that goal due to current administrative and...

US-Iran Peace Talks Signal Lower Oil Prices

4 weeks ago

London. With positive signals emerging about a peace deal between America and Iran, the price of crude oil fell to its lowest point in two weeks in the international market...

Nepal Rastra Bank Publishes Foreign Exchange Rates

4 weeks ago

Kathmandu, May 25: Nepal Rastra Bank has published the foreign exchange rates for today. According to the published details, the buying rate for one US dollar has been fixed at...

GANDAKI PROVINCE GOVERNMENT TO COLLABORATE WITH PRIVATE SECTOR TO ATTRACT INVESTMENT

1 month ago

Pokhara. The Gandaki Province government has decided to collaborate with the private sector to attract investment. The private sector's cooperation has been sought to boost the province's economic development and...

Chinese Electric Vehicles Evade Rs 25.8 Million in Customs Duty

1 month ago

Kathmandu. Incidents of customs evasion and revenue embezzlement in vehicles entering Nepal have surfaced from time to time. In this context, the annual report of the Auditor General has revealed...

Bagmati Province Government Faces Challenges in Budget Formulation Amidst Leadership Vacuum in Policy and Planning Commission

1 month ago

Makwanpur. The Bagmati Province Government is in the midst of preparing the policy and program and budget for the upcoming fiscal year (2083/84). However, the body responsible for recommending long-term...

Coordination Failure Damages Kathmandu Water Pipes by NPR 6.59 Crore

1 month ago

Kathmandu. It has been found that drinking water pipelines laid within the Kathmandu Valley have been damaged due to lack of coordination between government bodies. According to the 63rd annual...

Government Plans Salary Hike for Civil Servants in Upcoming Fiscal Year

1 month ago

Kathmandu. The government is preparing to increase the salaries of government employees through the budget for the upcoming fiscal year 2083/84.Then Finance Minister Janardan Sharma had increased the salaries of...

Auditor General's Office Directs Immediate Recovery of Rs 237.78 Million in Royalty

1 month ago

Kathmandu. The Office of the Auditor General has directed the immediate recovery of royalty amounting to Rs 237.78 million obtained from mines and mineral substances.According to the 63rd annual report...