Economy

SmartChoice Technologies and City Tech Group Partner to Advance Digital Payments in Nepal

2 months ago

Kathmandu. A partnership has been formed between SmartChoice Technologies (SCT) and City Tech Group Pvt. Ltd. with the aim of strengthening and modernizing Nepal's digital payment sector. This agreement adds...

Retired Professor Revolutionizes Irrigation with Innovative 'Kachalka' System in Chitwan

2 months ago

Chitwan. While volumes of agricultural research remain shelved in libraries across Nepal, a retired professor has taken his own invention directly to the fields.The 'Kachalka' (Discrete Irrigation System) developed by...

Nepal Rastra Bank Releases Foreign Exchange Rates for Monday

2 months ago

Kathmandu. The Nepal Rastra Bank has determined the foreign exchange rates for today (Monday). The exchange rate for one US Dollar is set at a buying rate of 148 rupees...

Parbat Expands Wheat Breeding Program to Boost Seed Production

2 months ago

Parbat. Starting this year, wheat cultivation for breeding seeds has been expanded in Parbat.Research has begun with the cultivation of foundation wheat seeds in Phalebas Municipality-6, Devisthan Chaibaskuriya. The Agriculture...

Nepal Rastra Bank Announces New Banking Hours and Weekend Holidays

2 months ago

Kathmandu. Following the government's decision regarding public holidays, Nepal Rastra Bank has implemented new arrangements for bank holidays and office hours.The Cabinet meeting held on Sunday decided to grant a...

Finance Minister Swarnim Wagle Cancels International Visits to Focus on Budget Preparation

2 months ago

Kathmandu. Following rumors regarding the cancellation of his visit, the secretariat of Finance Minister Swarnim Wagle has issued a clarification.On Sunday, the secretariat stated that the Finance Minister himself decided...

Election Fever Grips Federation of Nepalese Chambers of Commerce and Industry

2 months ago

Kathmandu. The election fever at the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), the umbrella organization of Nepal's private sector, has reached its peak.Business leaders are actively campaigning...

Nepal Oil Corporation urges fuel conservation amid new two-day weekend policy

2 months ago

Kathmandu. The Nepal Oil Corporation (NOC) has urged consumers to be mindful of fuel consumption.NOC spokesperson Manoj Thakur stated that consumers should support the Cabinet's decision to implement a two-day...

Market Correction is Short-Term, Future of Capital Market is Bright: Tulasi Dhakal

2 months ago

Kathmandu. Recently, Nepal's stock market has seen a sharp decline. Following the formation of the new government, the NEPSE index, which had reached nearly 3,000 points, has fallen by more...

Share Investors Stage Protest at Singha Durbar Amid Market Downturn

2 months ago

Kathmandu. Share investors staged a protest at the south gate of Singha Durbar, the country's main administrative center.Investors held the demonstration on Sunday, alleging that the government's actions are negatively...

National Consumers Forum Demands Government Action Against Market Price Hikes

2 months ago

Kathmandu. The National Consumers Forum has knocked on the government's door, demanding an end to the abnormal price hikes and the reign of middlemen in the Nepali market, which have...

Raghunandan Maru: FNCCI Needs to Evolve Beyond Traditional Methods to Support Businesses

2 months ago

The upcoming election of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), the largest umbrella organization of the private sector in Nepal, has drawn the attention of industrialists...

Department of Foreign Employment Warns Against Unauthorized Recruitment Activities

2 months ago

Kathmandu. The Department of Foreign Employment has urged individuals and organizations without a valid license to refrain from engaging in any activities related to foreign employment.The Department stated that the...

NEPSE Plummets by 105 Points Amid Market Sell-off

2 months ago

Kathmandu. The Nepal Stock Exchange (NEPSE) index witnessed a significant downturn on Sunday, the first trading day of the week. The index fell by 105.50 points, closing at 2676.68. This...

Nepal Government Approves Policy to Convert Internal Combustion Vehicles to Electric

2 months ago

Kathmandu. To reduce the rising import of petroleum products and environmental pollution, the government has made a policy decision to allow the conversion of old diesel and petrol vehicles into...

Nepal Government Approves $185 Million in Concessional Loans for Development Projects

2 months ago

Kathmandu. The government has accepted a loan facility worth approximately 28 billion rupees. The Cabinet meeting decided to accept this concessional loan assistance for two specific projects.Based on the proposal...