Finance Minister Urges Private Sector Not to Be Afraid, Pledges Policy Reforms

1 month ago

Kathmandu. Finance Minister Dr. Swarnim Wagle has urged the private sector, which is the backbone of the country's economy, not to be afraid. He made this appeal while addressing the...

US President Trump's Announcement Leads to Drop in Crude Oil Prices

1 month ago

Washington DC. With the announcement of US President Donald Trump to provide safe passage to ships stopped in the Strait of Hormuz, the price of crude oil in the world...

Nepal Rastra Bank Sets Foreign Exchange Rates

1 month ago

Kathmandu. Nepal Rastra Bank has determined the foreign exchange rate for today (Monday). According to this, the purchase rate for one US dollar has been set at 151 rupees 56...

Economy Faces Challenges Amidst Policy Uncertainty, Says Industry Leader

1 month ago

Viratanagar. Nepal's economy is going through a difficult phase. On one hand, industries are not operating at full capacity due to lack of demand in the market, and on the...

Government Faces Dilemma Over Unpaid Electricity Bills

1 month ago

Kathmandu. Stakeholders are keenly observing the decision the current government will take on the long-disputed dedicated and trunk line electricity bills. For the past four months, there had been no...

Private Sector Urges Rastriya Swatantra Party to Create Investment-Friendly Environment

1 month ago

Kathmandu. The private sector representatives have urged the ruling party Rastriya Swatantra Party (RSP) to create an investment-friendly environment, citing the lack of such an environment in the country.At a...

Private Airlines Seek Government Relief Amidst Financial Crisis

1 month ago

Kathmandu. The Airline Operators Association of Nepal has demanded immediate relief and concessions from the government, stating that private airlines in Nepal are facing a severe financial crisis. The association's conclusion...

Karnali Province Government Allocates 1 Billion Financial Equalization Grant to Local Levels

1 month ago

Surkhet. The Karnali Province Government has provided the limit of financial equalization grant amount to the local levels within the province. A limit of 1 billion financial equalization grant has...

Daraz Nepal Announces '5.5 Big Summer Sale' with Up to 80% Discount

1 month ago

Kathmandu. With the rising temperature of summer, Nepal's leading online shopping platform Daraz Nepal has announced its much-anticipated '5.5 Big Summer Sale'.This sale, which will start on the evening of...

Government's New MRP Rule Disrupts Imports, Raises Concerns of Shortages and Price Hikes

1 month ago

Kathmandu. The government's new rule making Maximum Retail Price (MRP) mandatory at the customs point has disrupted imports. Following Prime Minister Balendra (Balen) Shah's directive and the agenda for administrative...

Gold Price Falls, Silver Rises in Nepali Market

1 month ago

Kathmandu. The price of gold has seen a slight decline in the Nepali market on Sunday. The price of silver, however, has increased. According to the details published by the Federation...

Saudi Energy Minister Faces OPEC Unity Challenge Amidst Market Disruptions

1 month ago

Riyadh. At a time when the global oil market is facing its biggest disruption ever, Saudi Energy Minister Prince Abdulaziz bin Salman (ABS) is faced with the difficult challenge of...

Dairy Farmers Face Financial Crisis Due to Unpaid Dues

1 month ago

Makwanpur. Dairy farmers in Makwanpur have complained of facing a severe financial crisis due to non-payment of approximately Rs 143.5 million for milk sales. According to the District Dairy Producers...

Former Finance Minister Rameshwor Khanal Discusses Nepal's Economic Challenges and Government Policies

1 month ago

Kathmandu. Rameshwor Khanal, who has 31 years of experience in Nepal's civil administration, had the opportunity to manage the policy level of the bureaucracy and the political leadership (Finance Minister)....

Petroleum Imports Through Kakarbhitta Reach NPR 16.81 Billion in Nine Months

1 month ago

Jhapa. Petroleum products worth NPR 16.81 billion have been imported through the eastern Kakarbhitta border in the first nine months of the current fiscal year 2082-83, ending Chaitra. According to...