Economy

Nepal's Remittance Inflows Surge by 37.7 Percent in First Eight Months of FY 2082/83

2 months ago

Kathmandu. Nepal has witnessed a significant improvement in remittance inflows during the first eight months of the current fiscal year 2082/83. According to data released by the Nepal Rastra Bank...

Nepal's Trade Deficit Widens by 11.2 Percent in First Eight Months of FY 2082/83

2 months ago

Kathmandu. In the first eight months of the current fiscal year 2082/83, Nepal's foreign trade deficit has increased by 11.2 percent, reaching 1 trillion 98 billion 140 million rupees. According...

Nepal Rastra Bank Reports Inflation Trends for Falgun 2082/83

2 months ago

Kathmandu. Nepal Rastra Bank has released the current economic and financial status of the country for the period ending in Falgun 2082/83. According to the published data, the year-on-year consumer...

India and Nepal Sign MOU for Seven High-Impact Community Development Projects

2 months ago

Kathmandu. The Embassy of India, the Ministry of Federal Affairs and General Administration of the Government of Nepal, and relevant implementing agencies signed a Memorandum of Understanding (MOU) on Thursday...

NEPSE Index Sees Marginal Gains on Final Trading Day of the Week

2 months ago

Kathmandu. The Nepal Stock Exchange (NEPSE) index recorded a marginal improvement on the final trading day of the week. Today, the NEPSE index rose by 5.82 points to close at...

Ministry of Energy Forms High-Level Committees to Review Power Purchase Agreements and Licensing

2 months ago

Kathmandu. The Ministry of Energy, Water Resources and Irrigation has formed two separate high-level committees to conduct a detailed study of Power Purchase Agreements (PPA) executed by the Nepal Electricity...

Transport Entrepreneurs Allege Discrimination in Fare Adjustment Policies

2 months ago

Kathmandu. Saroj Sitaula, Acting President of the Federation of Nepalese National Transport Entrepreneurs, has criticized the state for discriminating between air and road transport fare adjustments following fuel price hikes....

Nepal Rastra Bank Extends Deadline for Remittance Companies to Meet Capital Requirements

2 months ago

Kathmandu. Nepal Rastra Bank has extended the deadline for remittance companies to meet their minimum paid-up capital requirements by two years. Through the 'Remittance Regulations, 2079 (Second Amendment)', a new...

Rising Fuel Costs and Regional Conflict Impact Nepal's Tourism and Aviation Sector

2 months ago

Kathmandu. The ongoing conflict in the Gulf region has directly impacted Nepal's tourism season. Foreign tourists are canceling pre-booked flight tickets, creating further challenges for the tourism and aviation sectors.In...

Gold and Silver Prices Decline in Nepali Market

2 months ago

Kathmandu. The prices of both gold and silver have declined in the Nepali market today. According to the Federation of Nepal Gold and Silver Dealers' Association, the price of gold...

Hopes rise for revival of Butwal Thread Factory under new government

2 months ago

Butwal. Following the political shift driven by the Gen-Z movement, the recently concluded House of Representatives election has brought the Rastriya Swatantra Party to the helm of government. With this,...

Nepal Rastra Bank Releases Daily Foreign Exchange Rates

2 months ago

Kathmandu. The Nepal Rastra Bank has determined the foreign currency exchange rates for today. Accordingly, the buying rate for one US Dollar is set at 151 Rupees 44 Paisa, and...

Election Fever Heats Up at FCAN's 13th Convention

2 months ago

Kathmandu. The nomination process for the 26th Annual General Meeting and 13th Convention of the Federation of Contractors' Association of Nepal (FCAN) concluded on Wednesday, the second day of the...

Nepal Tourism Sees Shift as Western Arrivals Decline Amid Regional Instability

2 months ago

Kathmandu. Nepal has witnessed a significant decline in tourist arrivals from Europe and the United States. However, a substantial increase in visitors from SAARC and other Asian nations has kept...

Nepal Airfares Hiked Following Fuel Surcharge Adjustment

2 months ago

Kathmandu. Airfares have increased following a rise in aviation fuel prices. The Airline Operators Association of Nepal adjusted the fuel surcharge on Wednesday, establishing new fare rates.Accordingly, the fuel surcharge...

New Strategy Launched to Boost Operations at Gautam Buddha International Airport

2 months ago

Rupandehi. A new strategy has been introduced to expand flight operations and attract international airlines with the goal of bringing Gautam Buddha International Airport to full operational capacity. Airport management...