Economy

Border Tightening Boosts Birgunj Market, Raxaul Market Sees Decline

1 month ago

Parsa. The Indian border market of Raxaul, which is bustling in most seasons, is deserted at the moment. The market has become sluggish as the number of Nepalis going to...

Tanahu Hydropower Project Reaches 75% Completion

1 month ago

Tanahu. The under-construction Tanahu Hydropower Project with a capacity of 140 megawatts has achieved 75 percent progress so far. The project, being built in Jhuptar of Rishing Rural Municipality-1, has...

Birgunj Customs Collects NPR 3.15 Billion Revenue in Three Days Despite Trader Boycott

1 month ago

Parsa. Despite entrepreneurs-traders not participating in the customs clearance process for three consecutive days, the Birgunj Customs Office has collected revenue of NPR 3.15 billion by clearing customs for petroleum...

Mechi Customs Office Collects Rs 13.14 Billion Revenue by End of Chaitra

1 month ago

Jhapa. Mechi Customs Office has collected revenue of Rs 13 billion 14 crore 45 lakh 81 thousand by the end of Chaitra in the current fiscal year 2082/83. This amount...

Narayangarh-Butwal Road Eastern Section's Daunne One-Way Paving Completed

1 month ago

Nawalparasi. Under the Narayangadh-Butwal Road Expansion Project, the one-way paving work on the eastern section of Daunne has been completed. According to Shiv Khanal, Information Officer of the eastern section...

Government Strengthens Cooperative Authority with New Ordinance

1 month ago

Kathmandu. The government has further empowered the Cooperative Authority. The Cooperative Ordinance brought by the government has transformed the authority, formed to regulate and supervise cooperatives doing savings and loan...

Madhesh Province Government Plans Budget Reduction for Next Fiscal Year

1 month ago

Janakpurdham. The Madhesh Province government has expedited the budget construction process for the upcoming fiscal year. The province's finance ministry has intensified preparations for budget construction by seeking details of...

Federation of Commerce and Industry Chairman Calls for Stable Policies to Boost Investment

1 month ago

Kathmandu. Federation of Commerce and Industry Chairman Chandra Prasad Dhakal has stated that the government, which is close to a two-thirds majority, should create an investment environment in the country...

Government Amends Public Procurement Act After 20 Years Via Ordinance

1 month ago

Kathmandu. To end the cumbersome process in Nepal's public procurement system and the tendency of development construction projects to remain stalled, the government has made extensive changes to the Public...

National Planning Commission Vice Chairman Dr. Gunakar Bhatta States Nepal's Economy Faces Three Critical Traps

1 month ago

Kathmandu. Vice Chairman of the National Planning Commission, Dr. Gunakar Bhatta, has stated that Nepal's economy is currently in a challenging phase. Speaking at a program organized by the Economic...

Ministry Implements New Directive for Minimum Support Prices of Crops

1 month ago

Kathmandu. The Ministry of Agriculture and Livestock Development has implemented the 'Directive on Minimum Support Price and Minimum Purchase Price Determination, 2082' keeping in mind the welfare of farmers. Under...

Nepal's New Customs Rule Sparks Border Community Uproar

1 month ago

The government's recently implemented provision of imposing customs duty on goods exceeding one hundred rupees has caused a significant stir in the lives of border communities, without meticulously detailing the...

Former Finance Minister Rameshwor Khanal Suggests Budget Focus on Domestic Production and Tax Reform

1 month ago

Kathmandu. Former Finance Minister Rameshwor Khanal has stated that the government should present the budget for the upcoming fiscal year 2083/84 in a way that encourages domestic production. In a...

Finance Minister Vows To End 'Policy Capture' and 'Lootocracy'

1 month ago

Kathmandu. Finance Minister Dr. Swarnim Wagle has stated that the government's main goal is to end the 'policy capture' and 'lootocracy' in the country's economy and establish good governance. Addressing...

Bagmati Province Government Selects Small Projects for Multi-Year Schemes

1 month ago

Makwanpur. The Bagmati Province Government has included small and fragmented projects in the selection of multi-year projects for building infrastructure. The provincial government has allocated budget by including small and...

Kalimati Market Sets Wholesale Prices for Agricultural Produce

1 month ago

Kathmandu. Kalimati Fruit and Vegetable Market Development Committee has set the wholesale price of agricultural produce for today. According to the committee, the wholesale price per kilogram is Rs 100...