Economy

Government Offers Share Investment Option Instead of Compensation to Project-Affected Citizens

1 month ago

Kathmandu. The government has decided to provide share investment options instead of compensation to citizens affected by projects.Presenting the policy and program for the upcoming fiscal year 2083/84 in both...

Government Announces New Infrastructure Financing Model

1 month ago

Kathmandu. The government has announced the implementation of a new model for infrastructure financing to address the lack of investment in infrastructure construction and accelerate the pace of development. President...

Nepal Share Market Sees Significant Improvement, NEPSE Index Rises 38.19 Points

1 month ago

Kathmandu. A significant improvement has been seen in the Nepal share market. The Nepal Stock Exchange index (NEPSE) has closed at 2783.85 points, increasing by 38.19 points.Today, a total of...

Independent Power Producers' Association of Nepal Submits 53-Point Budget Suggestions to Government

1 month ago

Kathmandu. The Independent Power Producers' Association of Nepal (IPPAN) has submitted 53-point suggestions to the government for the upcoming fiscal year 2083/84 budget and program. IPPAN has strongly demanded the...

Finance Minister Dr. Swarnim Wagle Receives Economic Review Report

1 month ago

Kathmandu. Finance Minister Dr. Swarnim Wagle has received the full budget period review report for the fiscal year 2083/84. On Monday, Governor of Nepal Rastra Bank Dr. Chiranjeevi Nepal submitted...

Dhaulagiri Himal Expedition Generates Over NPR 13 Million in Fees

1 month ago

Pokhara. The government has collected a royalty fee of NPR 13,454,550 for the Dhaulagiri Himal expedition this season. A total of 30 individuals, comprising 18 men and 12 women, obtained...

US Dollar Strengthens, Oil Prices Surge Amidst Stalled Iran Peace Talks

1 month ago

Kathmandu. The US dollar strengthened in Asian markets on Monday, and oil prices saw a significant increase after peace talks between the United States and Iran stalled. The tension in...

US President Trump's Response to Iran Causes Crude Oil Price Surge

1 month ago

Kathmandu. Crude oil prices saw a significant increase in the global market on Monday after US President Donald Trump called Iran's response 'unacceptable'.The market heated up due to fears that...

Elderly Farmer Continues Ancestral Flower Farming in Janakpurdham

1 month ago

Dhanusha. 78-year-old Punit Bhandari of Rupaiṭha, Janakpurdham Sub-Metropolitan City-20, is continuing the ancestral profession of flower farming, which has been going on for six generations. Despite his old age, his...

Nepal's Internal Revenue Department Focuses on Anti-Money Laundering Efforts Amidst FATF Grey-List Concerns

1 month ago

Nepal is on the Financial Action Task Force (FATF) grey-list for anti-money laundering. Being on this list has not only changed the international perception of Nepal but has also led...

Nepal Rastra Bank Sets Foreign Exchange Rates

1 month ago

Kathmandu. Nepal Rastra Bank has determined the foreign exchange rate for today (Monday). Accordingly, the purchase rate for one US dollar has been set at 150 rupees and 88 paisa,...

Dismissed Civil Servant Organizations Complain to ILO

1 month ago

Kathmandu. Dismissed civil servant organizations have appealed to the International Labour Organization (ILO). They have filed a complaint at the main office in Geneva, Switzerland, stating that their dismissal is...

Nepalgunj Sub-Metropolis Provides Housing Insurance Payout to Flood Victim

1 month ago

Banke. Last year's continuous rainfall in August destroyed the house of Uttam Singh Panjabi, a resident of Nepalgunj Sub-Metropolitan City-7. His family was under immense stress after the house they...

Government Spends 58.75% of Budget in 10 Months of FY 2082/83

1 month ago

Kathmandu. With 10 months of the current fiscal year 2082/83 coming to an end, the government has spent 11 kharba 53 billion rupees. According to the Office of the Controller...

Gold Price Decreases, Silver Price Increases in Nepali Market

1 month ago

Kathmandu. The price of gold has seen a slight decrease in the Nepali market. Similarly, the price of silver has increased. According to the Federation of Nepal Gold and Silver Dealers,...

Increase in Taxes on Tobacco Products Recommended for Revenue and Public Health

1 month ago

Consumption of tobacco products such as cigarettes, bidis, chewing tobacco, gutkha, and khaini benefits no one, neither individuals nor the country. Therefore, increasing taxes on such products is a sensible...