Economy

Oil Prices Rise Amidst Uncertainty Over US-Iran Deal and Strait of Hormuz Supply

1 week ago

New York. International market oil prices rose again on Tuesday as detailed information about the preliminary agreement to end the war between America and Iran was not clear and it...

Gold Prices Stable Amidst US-Iran Peace Deal Wait, Fed Policy Uncertainty

1 week ago

New York. Gold prices, which reached their highest point in a week in the last session, appeared almost stable in the market on Tuesday. Investors are awaiting further details of...

Nepal Rastra Bank Sets Foreign Exchange Rates

1 week ago

Kathmandu. Nepal Rastra Bank has determined the foreign exchange rate for today (Tuesday). Accordingly, the buying rate for one US dollar has been set at 151 rupees 24 paisa and...

Indian Trade Barriers Halt Nepali Tea Exports, Threatening Industry and Livelihoods

1 week ago

Kathmandu. Tea industries are starting to shut down due to policy and practical obstacles created by neighboring country India in Nepali tea exports.Tea industries in Ilam and other areas of...

Koshi Province Government Presents Budget of NPR 40.44 Billion for Upcoming Fiscal Year

1 week ago

Biratnagar. The Koshi Province Government has presented a budget of NPR 40.44 billion for the upcoming fiscal year. The budget of this size was presented by the Province Government's Minister...

Gandaki Province Government Announces Budget of NPR 32.99 Billion for Upcoming Fiscal Year

1 week ago

Pokhara. The Gandaki Province government has announced a budget of NPR 32.99 billion for the upcoming fiscal year. Presenting the budget in the Provincial Assembly, Finance Minister Jit Bahadur Sherchan...

Finance Minister States Economic Slowdown Post-Jana Andolan

1 week ago

Kathmandu. Finance Minister Dr. Swarnim Wagle has stated that Nepal's economic activity has slowed down after the Jana Andolan. He said this on Monday while responding to questions raised by...

Nepal Finalizes 50,000 Metric Tons Chemical Fertilizer Import from India

1 week ago

Kathmandu. The government has finalized the process for importing 50,000 metric tons of chemical fertilizer in the first phase under the G2G (Government-to-Government) agreement with India. According to Dr. Ramkrishna...

Bagmati Province Constructs 1,640 km of Blacktopped Roads in Six Years

1 week ago

Makwanpur. The Bagmati Province government has constructed approximately 1,700 kilometers of blacktopped (paved) roads in the last six years. A total of 1,640.19 kilometers of paved roads have been constructed...

Madhesh Province Government Prioritizes Production, Employment, and Social Justice in Upcoming Budget

1 week ago

Janakpurdham. The Madhesh Province government has prioritized increasing production and employment, human development, and social justice in its budget for the upcoming fiscal year (2083/084).This was announced by the province's...

Bagmati Province Government to Present 10th Budget of Over NPR 66 Billion

1 week ago

Hetauda. The Bagmati Province Government is preparing to present the budget for the upcoming fiscal year 2082/83 at the Provincial Assembly meeting scheduled for Monday afternoon at 4 PM. This...

Madhesh Province Presents Budget for Fiscal Year 2083/84

1 week ago

Kathmandu. The budget statement for the fiscal year 2083/84 has started in Madhesh Province. The province's Finance Minister, Yuvraj Bhattarai, is presenting the budget in today's Provincial Assembly meeting. The Madhesh...

MP Yubaraj Dulal Claims Some Ministries Manipulated Budget

1 week ago

Kathmandu. Nepali Communist Party (NCP) MP Yubaraj Dulal has stated that some ministries have been adjusting the budget. He mentioned that there are rumors of ministries adjusting the budget without...

MP Arjun Kumar Karki Warns of School Closures Due to Student-Teacher Ratio Norms

1 week ago

Kathmandu. CPN (UML) MP Arjun Kumar Karki has warned that the government's set criteria regarding the ratio of students and teachers will lead to the closure of schools in remote...

Aviation Sector Unification Agreement Signed Between Airline Operators Association and Aeronautical Society

1 week ago

Kathmandu. An important Memorandum of Understanding has been signed between the Airline Operators Association Nepal and the Aeronautical Society of Nepal with the objective of making Nepal's entire aviation sector...

MP Rana Criticizes Budget as Anti-Poor and Debt-Ridden

1 week ago

Kathmandu. Member of Parliament (MP) Kruparam Rana has criticized the government and the Finance Minister, stating that the budget for the upcoming fiscal year is anti-poor, contrary to the spirit...