Economy

Nepal Rastra Bank releases foreign exchange rates for Wednesday

2 months ago

Kathmandu. The Nepal Rastra Bank has determined the foreign exchange rates for today (Wednesday). According to the new rates, the value of the US dollar has increased. The buying rate...

Nepal's Ministry of Finance Intensifies Preparations for Fiscal Year 2083/84 Budget

2 months ago

Kathmandu. The Ministry of Finance is intensifying preparations for the upcoming fiscal year 2083/84 budget. The Ministry of Finance held a revenue consultation meeting on Baisakh 2. Similarly, on Baisakh 3,...

Finance Minister Wagle Criticizes Investment Board Over Stalled Projects

2 months ago

Kathmandu. The 13th meeting of the Investment Board's Monitoring and Facilitation Committee has concluded. The meeting was held on Tuesday at the Ministry of Finance under the coordination of Finance...

Department of Transport Management Clarifies Fare Hike Does Not Apply to Electric Vehicles

2 months ago

Kathmandu. The Department of Transport Management has clarified that the recently increased public transport fares do not apply to electric vehicles. The department issued a notice stating that the fare...

Ministry Issues 15-Day Ultimatum for Troubled Cooperative Debtors

2 months ago

Kathmandu. The Ministry of Land Management, Cooperatives and Poverty Alleviation has issued a notice requiring debtors of troubled cooperatives to settle their outstanding loans within 15 days.Following the full appointment...

Private Sector Alarmed by Government Plan to Empower Anti-Corruption Body

2 months ago

Kathmandu. The private sector was initially optimistic about the prospect of a stable government after the Rastriya Swatantra Party (RSP) secured a near two-thirds majority in the House of Representatives...

NEPSE index declines amid investor uncertainty following new trading system implementation

2 months ago

Kathmandu. With the implementation of the new trading system at the Nepal Stock Exchange (NEPSE), investors are experiencing more confusion than enthusiasm. The market has failed to respond positively to...

Construction of New Federal Parliament Building Nears Completion

2 months ago

Kathmandu. The construction of the new Federal Parliament building at Putali Bagaincha in Singha Durbar has reached its final stages.Work is currently underway day and night with the goal of...

Karnali Province Transport Offices Collect Over 250 Million in Revenue in Nine Months

2 months ago

Surkhet. Transport offices in Karnali Province have collected over 250 million in revenue during the first nine months of the current fiscal year.By the end of Chaitra, the Transport...

Nepal Sees Decline in Electric Vehicle Imports Amid Surge in Petrol Car Demand

2 months ago

Kathmandu. Nepal has witnessed a decline in the import of electric vehicles (EVs), which had recently become highly popular, during the current fiscal year. In the first nine months of...

Dr. Swarnim Wagle and the Path to Nepal's Economic Transformation

2 months ago

In most countries, the responsibility of the Finance Minister is entrusted to experts in political economy. Nepal's current Finance Minister is relatively mature, a subject expert, thoughtful, and experienced. There...

Nepal Government Amends Financial Procedures to Expedite Development Payments

2 months ago

Kathmandu. The government has amended financial procedures to end the long-standing delays in payments for development and construction projects. The amendment aims to make budget implementation more effective.The government has...

Reflections on My Tenure at the National Natural Resources and Fiscal Commission

2 months ago

1. IntroductionAlthough I was recommended for the position of member of the National Natural Resources and Fiscal Commission (NNRFC) by the Constitutional Council meeting held on Mangsir 30, 2077 B.S.,...

Gold prices surge in Nepal, silver sees slight decline

2 months ago

Kathmandu. The price of gold has increased in the Nepali market today. According to the Federation of Nepal Gold and Silver Dealers' Association, the price of gold has risen by...

Kalimati Market Wholesale Prices for Agricultural Produce

2 months ago

Kathmandu. The Kalimati Fruits and Vegetable Market Development Committee has determined the wholesale prices of agricultural produce for today.According to the committee, the prices per kilogram are as follows: Large...

Myagdi farmer finds success in goat farming

2 months ago

Myagdi. Krishna Gauchan from Lamsung, Dhaulagiri Rural Municipality-2, has achieved significant annual income from a goat farming business that he started with an investment of Rs 52,000.In 2074 BS, 60-year-old...