Economy

Nepal's Economy Faces Significant Challenges, White Paper Reveals

1 month ago

Kathmandu. The government has taken the current state of the economy lightly. The 'Current Economic Situation of Nepal' (White Paper) presented by the government mentions that the economy was very...

Nepal's Finance Ministry Unveils White Paper, Pledges Capital Market Reforms

1 month ago

Kathmandu. The Ministry of Finance has issued a white paper on Nepal's current economic situation, highlighting structural problems in the capital market and announcing plans to broaden its scope.The white...

Nepal Government Bans Hotel Meetings and Training to Cut Expenses

1 month ago

Kathmandu. The government has strictly implemented its policy of cutting expenses, prohibiting government programs from being held in hotels and resorts.The Ministry of Land Management, Cooperatives, and Poverty Alleviation issued...

Nepal's Investment Board Launches One-Stop Service Center

1 month ago

Kathmandu. The Investment Board Nepal has launched a one-stop service center. The board has started the one-stop service center with the objective of providing a more conducive environment for investors.The...

Nepal's Economy Faces Challenges: White Paper Highlights Stagnation and Debt

1 month ago

Kathmandu. A white paper on the country's economic situation has been released as a new government is being formed. In line with the 100-point action plan for governance reform introduced...

Nepal and ADB Sign Loan Agreement for Digital Transformation Project

1 month ago

Kathmandu. A loan agreement has been signed between the Government of Nepal and the Asian Development Bank (ADB) for the implementation of the Nepal Digital Transformation Project. ADB stated that...

Nepal, ADB, World Bank Review Development Projects

1 month ago

Kathmandu. A tripartite review meeting between the Government of Nepal, the Asian Development Bank (ADB), and the World Bank has concluded. A tripartite country portfolio performance review was held between...

Moula-pur Mayor Expresses Shock Over Suspension of Popular Public Services

1 month ago

Rautahat. The mayor of Rautahat's Moulapur Municipality, Rinakumari Sah, has expressed surprise over the suspension of payments for popular programs run by the municipality, such as 'Free Electricity, Free Water,'...

Everest Bank Reports Rs 3.32 Billion Profit in Nine Months, Slight Dip from Previous Year

1 month ago

Kathmandu. Everest Bank has earned a profit of Rs 3.32 billion in nine months. According to the bank's published report for the third quarter of the current fiscal year, the...

Karnali Province Sees Significant Increase in Internal Revenue Despite Budget Implementation Weaknesses

1 month ago

Surkhet. The Karnali Province government, despite showing weaknesses in budget implementation, has improved its internal revenue. In the first 9 months of the current fiscal year (2082/083), the provincial government...

Nepal Rastra Bank Sets Foreign Exchange Rates for Monday

1 month ago

Kathmandu. Nepal Rastra Bank has determined the foreign exchange rates for today (Monday). Accordingly, the buying rate for one US dollar has been set at 150 rupees and 50 paisa,...

Construction Halted in Bagmati Province Due to Soaring Fuel and Material Costs

1 month ago

Hetauda. The Federation of Contractors of Bagmati Province has stated that construction work has come to a standstill due to price hikes in fuel and construction materials caused by the...

Nepal Unveils 10-Year Energy Strategy to Boost Consumption and Exports

1 month ago

Kathmandu. The government has unveiled the 'Energy Consumption Growth and Export Strategy, 2083 (Fiscal Year 2082/083–2092/093)' with the aim of transforming the country's energy sector. The Ministry of Energy, Water...

Gold prices surge in Nepal, rising by Rs 2,700 per tola

1 month ago

Kathmandu. Gold prices have increased in the Nepali market on Sunday, the first day of the week. According to the Federation of Nepal Gold and Silver Dealers' Association, the price...

Soaring Inflation Hits Nepali Consumers in Chaitra

1 month ago

Kathmandu. The month of Chaitra has proven to be extremely difficult for Nepali consumers. The 'Price Analysis Report for the month of Chaitra, Fiscal Year 2082/83' published by the Department...

Koshi Province Agriculture Faces Severe Crisis Amid Technological and Policy Challenges

1 month ago

Biratnagar. Data indicates that the agricultural sector in the Terai region of Koshi Province is trapped in a severe natural and policy crisis despite advancements in technology and modernization.A nine-month...