Economy

Mulberry Plants Gain Popularity for Ornamental and Agricultural Use in Chitwan

2 months ago

Chitwan. Mulberry, traditionally used for silkworm farming, is gaining renewed attention due to its versatile alternative uses as silk cultivation declines. The plant is increasingly being utilized in commercial hotels,...

Gold prices see slight increase in Nepali market

2 months ago

Kathmandu. The price of gold in the Nepali market saw a slight increase on Tuesday. According to the Federation of Nepal Gold and Silver Dealers' Association, the price of gold...

Balen Shah Emerges as Nepal's Youngest Prime Minister Amid High Public Expectations

2 months ago

Balendra Shah (Balen) has emerged as the youngest democratically elected Prime Minister in Nepal's history. For the first time, the Madhesh region has secured representation at the helm of the...

Proposed Roadmap for Cooperative Sector Reform in Nepal

2 months ago

Biratnagar. The cooperative sector is currently navigating a severe crisis, with billions of rupees belonging to millions of depositors at risk. A serious discussion is required on how to protect...

Rising Global Tensions Trigger Inflationary Fears in Nepal

2 months ago

Kathmandu. The ripples of escalating conflict in West Asia have reached Nepali kitchens. As tensions mount between the United States, Israel, and Iran, global crude oil prices have skyrocketed.Petroleum products...

Nepal Rastra Bank Releases Daily Foreign Exchange Rates

2 months ago

Kathmandu. The Nepal Rastra Bank has determined the foreign exchange rates for today. The exchange rate for one US Dollar is set at 148 rupees 60 paisa for buying and...

Nepal Ministry of Finance Slashes Fuel Allowances for Government Officials

2 months ago

Kathmandu. The Ministry of Finance has decided to implement significant cuts to the fuel allowances provided to government employees and officials. Finance Minister Dr. Swarnim Wagle approved the decision on...

Minister Gita Chaudhary Directs Forest Departments to Prioritize Conservation and Budget Efficiency

2 months ago

Kathmandu. Minister of Forests and Environment and Minister of Agriculture and Livestock Development, Gita Chaudhary, has issued directives to prioritize forest conservation, effective budget utilization, and people-oriented development.On Monday, Minister...

ADB and World Bank Representatives Meet Newly Appointed Finance Minister Dr. Swarnim Wagle

2 months ago

Kathmandu. Arnaud Cauchois, Country Director of the Asian Development Bank (ADB) for Nepal, and David Sislen, Division Director for the World Bank for Maldives, Nepal, and Sri Lanka, have held...

Nepal Faces Market Volatility and Inflation Amid Rising Petroleum Prices

2 months ago

Kathmandu. The supply of petroleum products in the international market has been disrupted due to the conflict in West Asia, leading to a significant price hike. This has had a...

Nepal's Economic Crossroads: Finance Minister Wagle Outlines Structural Reforms

2 months ago

Kathmandu. Nepal's economy is currently at a challenging juncture. Supply chain disruptions caused by the conflict between the US, Israel, and Iran, coupled with rising fuel prices, are impacting our...

CNI and National Statistics Office Sign MOU to Enhance Economic Data Collaboration

2 months ago

Kathmandu. The Confederation of Nepalese Industries (CNI) and the National Statistics Office have signed a Memorandum of Understanding (MOU) aimed at supporting the collection, analysis, research, and policy formulation of...

NADA Representatives Discuss Automotive Sector Challenges with Finance Minister Dr. Swarnim Wagle

2 months ago

Kathmandu. The NADA Automobiles Association of Nepal has held discussions with Finance Minister Dr. Swarnim Wagle regarding contemporary issues in the automotive sector. A delegation led by NADA President Surendra Kumar...

Finance Minister Wagle Denies Crackdown on Stock Market Investors

2 months ago

Kathmandu. Finance Minister Swarnim Wagle has clarified that the government has no policy to conduct a crackdown on major investors in the stock market. During a meeting with the Nepal...

Nepal Promotes Tourism Potential in Japan to Boost Visitor Numbers

2 months ago

Kathmandu. The Nepal Tourism Board, Nepal Airlines Corporation, and PATA Nepal Chapter have jointly promoted Nepal as a safe, unique, and year-round travel destination in Tokyo and Osaka, Japan.The tourism...

Nepal Government Announces Zero Tolerance Policy Against Helicopter Rescue Fraud

2 months ago

Kathmandu. The government has announced strict measures to curb irregularities and insurance fraud in helicopter rescues within Nepal's mountaineering and trekking sector. The Ministry of Culture, Tourism and Civil Aviation...