Global Economy Faces Volatility Amid West Asia Conflict and Energy Supply Concerns

2 months ago

Kathmandu. The ongoing conflict and temporary ceasefire in West Asia have significantly impacted the global economy. While investors are hopeful for peace talks, leading to a recovery in stock markets,...

Ministry of Finance restricts access as budget preparations begin

2 months ago

Kathmandu. The south gate of the Ministry of Finance has been closed. The entrance accessible from the ministry's parking area has been shut down. The ministry has posted a notice stating...

The Institute of Chartered Accountants of Nepal Holds Pre-Budget Consultations for Fiscal Year 2083-84

2 months ago

Kathmandu. The Institute of Chartered Accountants of Nepal has held discussions regarding the budget for the upcoming fiscal year 2083-84. The pre-budget discussion organized by the association covered policy reforms...

Xiaomi Launches Redmi A7 Entry-Level Smartphone in Nepal

2 months ago

Kathmandu. Xiaomi has launched its new entry-level smartphone, the Redmi A7, in the Nepali market. The company has introduced this budget-friendly phone targeting users who prioritize excellent design and a...

Department of Foreign Employment Orders Removal of Misleading Labor Permit Advertisements

2 months ago

Kathmandu. The Department of Foreign Employment has directed cyber centers and training institutes located near the department to remove misleading information regarding 'labor permits' by Chaitra 30.The department issued the...

Madhesh Province Struggles with Irrigation Crisis Despite Government Promises

2 months ago

Janakpurdham. Although Madhesh Province has approximately 602,000 hectares of arable land, only 49 percent of it has access to irrigation facilities. Data shows that the majority of the province's agricultural...

Nepal Rastra Bank to Absorb 125 Billion Rupees in Liquidity via Deposit Collection

2 months ago

Kathmandu. The Nepal Rastra Bank (NRB) is set to collect 125 billion rupees in deposits today. To reduce excess liquidity, the central bank is once again utilizing a deposit collection...

Suryodaya Municipality Revokes Minimum Support Price for Tea

2 months ago

Ilam. Suryodaya Municipality has decided to remove the minimum support price for tea. The 'Quality Tea Production Standards Implementation Procedure-2075' previously mandated that industries pay farmers a minimum of Rs...

Road Division Bharatpur Issues 7-Day Ultimatum to Two Construction Firms for Project Delays

2 months ago

Kathmandu. The Road Division Office, Bharatpur, has issued a final 7-day warning to two construction companies, demanding an explanation as to why their contracts should not be terminated for failing...

Nepal Chamber of Commerce Senior VP Malhotra Calls for Legal Reforms to Boost Economic Growth

2 months ago

Kathmandu. Senior Vice President of the Nepal Chamber of Commerce, Deepak Kumar Malhotra, has emphasized the need for clear legal frameworks and adequate infrastructure development for the country's economic prosperity....

Nepal Chamber of Commerce Chief Expresses Optimism Over New Political Developments

2 months ago

Kathmandu. Nepal Chamber of Commerce President Kamlesh Agrawal stated that the country's recent political developments and election results have sparked new hope within the private sector. Speaking at a ceremony...

Nepal Proposes Major Overhaul of Public Procurement Act to Boost Efficiency

2 months ago

Kathmandu. The government has initiated a comprehensive amendment process to the 'Public Procurement Act, 2063' to make the public procurement system timely, technology-friendly, and result-oriented. The draft of the 'Bill...

President Paudel Urges Government to View Private Sector as Key Partner in Nation-Building

2 months ago

Kathmandu. President Ramchandra Paudel has stated that the private sector should not be viewed merely as a tax-paying entity, but as an integral partner in nation-building and the economic engine...

Gold prices rise while silver declines in local market

2 months ago

Kathmandu. The price of gold has increased in the local market today, while the price of silver has decreased. Gold has risen by Rs 2,200 per tola, whereas silver has...

Global Oil Prices Surge Amidst Escalating Tensions in the Strait of Hormuz

2 months ago

KATHMANDU. Crude oil prices rose in international markets on Friday, driven by new attacks on Saudi Arabian energy infrastructure and the persistent risk of closure at the strategically vital Strait...