Economy

Nepal Plans to Transfer Funds from Long-Dormant Bank Accounts to State Treasury

2 months ago

Kathmandu. It has been found that nearly 17.75 billion rupees are held in accounts that have remained dormant for 10 years or more.According to the Nepal Rastra Bank, as of...

Nepal Rastra Bank Announces Foreign Exchange Rates for Thursday

2 months ago

Kathmandu. Nepal Rastra Bank has determined the foreign exchange rates for today (Thursday). Accordingly, the buying rate for one US dollar is set at 149 rupees 10 paisa, and the...

Nabil Bank Redefines Strategic Vision for 2083

2 months ago

Kathmandu. Nabil Bank Limited, a leading private sector institution, has announced the redefinition of its goals, objectives, and values as it enters the new year 2083, aiming to elevate its...

Ncell Partners with Himalayan Java Coffee to Offer Exclusive Discounts

2 months ago

Kathmandu. Whether it is morning coffee, business meetings, social gatherings, or evening relaxation, every sip of coffee is set to bring Ncell customers closer together. Under a special offer launched...

The Crisis of Agricultural Subsidies in Nepal: A System Plagued by Inefficiency and Lack of Transparency

2 months ago

The state invests billions in agricultural subsidies annually, yet for the actual farmers, accessing these benefits is an uphill battle. While all three tiers of government provide subsidies, the lack...

Nepal Tourism Board CEO calls for promotion of wellness sector

2 months ago

Kathmandu. Deepak Raj Joshi, Chief Executive Officer of the Nepal Tourism Board, has stated that there is a need to promote the health and wellness sector. He made these remarks...

Gold and Silver Prices Surge in Local Market

2 months ago

Kathmandu. The price of gold and silver has increased in the local market today. Gold has risen by Rs 6,000 per tola, while silver has increased by Rs 320.According to...

Irrigation Projects in Parbat Face Uncertainty as Deadlines Approach

2 months ago

Parbat. With only three months remaining in the fiscal year, critical irrigation projects under the Water Resources and Irrigation Development Division Office in Parbat have yet to be contracted. Despite...

IMF Cuts Global Growth Forecast Amid Escalating West Asia Conflict

2 months ago

Washington D.C. | The International Monetary Fund (IMF) has lowered its global economic growth forecast, citing a surge in fuel prices driven by the ongoing conflict in West Asia. A...

Nepal's First Modern Nagdhunga Tunnel Nears Operational Phase

2 months ago

Kathmandu. Preparations are in the final stages for the operation of Nepal's first modern Nagdhunga Tunnel. An agreement with the service provider is expected to be signed this week. Project...

Kalimati Market Releases 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...

Samsung Nepal Hosts 'Microwave Masterclass' to Promote Smart Home Cooking

2 months ago

Kathmandu. Samsung Nepal has successfully organized a special 'Microwave Masterclass' aimed at encouraging smart and enjoyable home cooking. Held on Saturday at Dwarika's Palace, professional chef Nimesh Ulak, who has...

Nepal's Finance Ministry Prioritizes Private Sector to Drive Economic Growth

2 months ago

Nepal's economy is currently at a critical juncture. With the formation of a new government, the country has gained leadership characterized by fresh thinking, enthusiasm, and urgency. The average age...

Nepal Launches Second National Economic Census

2 months ago

Kathmandu. The second national economic census begins across the country today. The National Statistics Office has confirmed that enumerators and necessary supervisors have already reached their designated areas nationwide.According to...

Construction of Jalpadevi Cable Car Begins in Kailali

2 months ago

Kathmandu. The installation of poles for the Jalpadevi Cable Car, currently under construction in Chisapani, Kailali, Sudurpashchim Province, with investment from the IME Group, was formally initiated on Tuesday.IME Group...

Nepal's Transport Sector Faces Challenges: An Interview with Saroj Sitaula

2 months ago

Kathmandu. Nepal's public transport sector is frequently at the center of controversy and debate. From fare adjustments and syndicates to taxi meter disputes and the entry of Indian vehicles, this...