Economy

Five Brands Evade Millions in Customs Duty by Misclassifying Luxury Vehicles as Minibuses

1 month ago

Kathmandu. It has been found that expensive, luxury, and private use vehicles have been listed as minibuses to evade customs duties and taxes that should be paid to the state....

Finance Minister States Opposition Must Wait for Next Election to Approve Own Documents

1 month ago

Kathmandu. Finance Minister Dr. Swarnim Wagle has said that the opposition parties will have to wait for another election to get their own language, style, and documents approved.Responding to various...

CPN-UML Lawmaker Somnath Poudel Criticizes Government's Economic Policies

1 month ago

Kathmandu. CPN-UML lawmaker Somnath Poudel has claimed that the current government cannot create an investment-friendly environment in the country under any circumstances.Participating in the discussion on the principles and priorities...

Education Secretary States Budget Prioritizes Local Levels

1 month ago

Kathmandu. Education Secretary Chudmani Poudel has stated that the budget for the upcoming fiscal year is being prepared by giving high priority to the provinces and especially to the local...

Ncell Foundation Announces Nationwide SEE Scholarship Program

1 month ago

Kathmandu. Ncell Foundation, continuing its collaboration with Project Education, has announced the nationwide 'Ncell SEE Scholarship' for students who have passed the Secondary Education Examination (SEE) this year. Under this...

Samsung Nepal Announces Limited-Time Cashback Offer on Galaxy S26+

1 month ago

Kathmandu. Samsung Nepal has brought an attractive cashback offer for a limited period on its premium smartphone Galaxy S26+. This offer will provide customers who want to buy a premium...

Nepal Telecom Expands 4G Services to Remote Areas

1 month ago

Kathmandu. Telecommunication services are being expanded in remote settlements that are geographically difficult and sparsely populated, with the objective of providing digital access to all citizens.Telecommunication services are being expanded...

Record Number of Foreign Climbers Secure Permits for Spring Expeditions

1 month ago

Kathmandu. The number of foreigners securing permits for various Himalayan expeditions this spring season is on the rise.According to the Department of Tourism, 1,181 climbers from 79 countries have obtained...

Construction Sector Faces Unprecedented Crisis Amidst Soaring Material Costs and Government Pressure

1 month ago

Kathmandu. The construction sector, considered the backbone of Nepal's economy, is currently going through the most severe and unprecedented crisis in its history. Construction entrepreneurs across the country have taken...

Construction Sector Faces Crisis Due to Price Hikes

1 month ago

Kathmandu. The direct impact of the West Asian conflict has been felt in Nepal's infrastructure sector. Due to the Israel/US-Iran conflict, the price of petroleum products has increased significantly. Along...

Kalimati Market Sets Wholesale Prices for Agricultural Produce on Jestha 5, 2083

1 month ago

Kathmandu. Kalimati Fruit and Vegetable Market Development Committee has determined the maximum wholesale price of agricultural produce for today. According to the committee, the wholesale prices per kilogram are: Large...

Nepal Debates Establishing Chemical Fertilizer Factory Amidst Decades-Old Discussion

1 month ago

Kathmandu. The debate on establishing a chemical fertilizer factory in Nepal has once again surfaced. For decades, lawmakers have been emphasizing the need to produce fertilizer domestically to solve this...

Nepal Rastra Bank Sets Today's Foreign Exchange Rates

1 month ago

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to this, the purchase rate of one US dollar has been set at 153 rupees...

Government Plans 'Strategic Road' Program for Each MP's Constituency in Upcoming Budget

1 month ago

Kathmandu. The government is preparing to bring a 'Strategic Road' program for each MP's constituency in the budget for the upcoming fiscal year 2083/084. The current government is preparing to...

Parliamentary Debate on Pre-Budget Principles and Priorities

1 month ago

Kathmandu. A theoretical discussion has begun in the House of Representatives on the principles and priorities of the appropriation bill for the upcoming fiscal year 2083/84. Lawmakers from both the...

Finance Minister Dr. Swarnim Wagle Outlines Government Priorities: Good Governance, Economic Restructuring, Infrastructure Expansion

1 month ago

Kathmandu. Finance Minister Dr. Swarnim Wagle has stated that the government's main priorities are good governance, economic restructuring, and infrastructure expansion.Addressing the Nepal Business Summit organized in Kathmandu on Monday,...