Economy

Tatopani Border Crossing Reopens After Kodari Highway Repairs Following Heavy Rainfall

2 months ago

The Tatopani border crossing has resumed operation after the Kodari highway section, damaged by incessant rainfall, was repaired. According to Narayan Dutt Bhandari, Chief of the Road Division Charikot, both...

Nepal's Infrastructure Minister Directs End to Corruption and Bribes in Construction Sector

2 months ago

Kathmandu. Minister for Physical Infrastructure and Transport, Sunil Lamsal, has directed an end to financial irregularities and corruption in the construction sector. He explicitly told construction entrepreneurs not to offer...

Recent Rainfall Boosts Prospects for Boro Rice Cultivation Amidst Declining Monsoon Paddy Output

2 months ago

Kathmandu. Continuous rainfall across most parts of the country over the past few days has created favorable conditions for Boro (Chaitra) rice cultivation. Farmers are hopeful as this rain during...

Nepal Scraps Token System, Foreign Employment Permits Now Issued Same Day

2 months ago

Kathmandu. The Ministry of Labour, Employment and Social Security on Sunday removed the token system for obtaining labor permits. With the removal of the token system by the ministry, labor...

Ride-Sharing Drivers Protest Unfair Fares and Labor Exploitation in Kathmandu

2 months ago

Kathmandu. The Independent Drivers Foundation staged a demonstration in Maitidevi on Monday, alleging that ride-sharing companies operating in Nepal are arbitrarily setting fares and exploiting the labor of riders. They...

Government Moves to Seize Bank Funds Dormant for Over a Decade, Citing Governance Reforms

2 months ago

Kathmandu. The government has announced plans to bring bank funds that have remained inactive for more than 10 years into the state treasury. This provision is included as the 78th...

Gold and Silver Prices Decline in Nepali Market Today

2 months ago

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

Two Candidates Vie for Federation of Nepalese Chambers of Commerce and Industry Gandaki Province Presidency

2 months ago

Pokhara. Two candidates have filed nominations for the presidency of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Gandaki Province. Two individuals are claiming leadership for the fourth...

Kalimati Market Releases Wholesale Prices for Fruits and Vegetables

2 months ago

The Kalimati Fruit and Vegetable Market Development Committee has set the wholesale prices for agricultural produce for today. According to the committee, large tomatoes (Indian) are priced at NPR 75...

Daraz Nepal Launches '4.4 New Year Festival' Sale Ahead of Nepali New Year 2083

2 months ago

Kathmandu. As preparations are underway across the country to welcome the New Year 2083, Daraz Nepal, the leading online shopping destination in Nepal, has unveiled its much-anticipated '4.4 New Year...

Tensions Escalate in West Asia as Iran-Backed Houthis Attack Israel, Fueling Oil Price Surge

2 months ago

Kathmandu. Tensions in West Asia have worsened significantly following the first-ever attack by Iran-backed Houthi rebels on Israel. As this conflict expands, a major surge in crude oil prices was...

Nepal Rastra Bank Announces Monday's Foreign Exchange Rates

2 months ago

Kathmandu. Nepal Rastra Bank (NRB) has set the foreign exchange rates for today (Monday). Accordingly, the buying rate for one US Dollar has been set at NPR 151.41 and the...

CNI Welcomes Government's Commitment to Repeal Obsolete Laws and Implement Policy Reforms

2 months ago

Kathmandu. The Confederation of Nepalese Industries (CNI) has welcomed the commitment made by the government led by Prime Minister Balendra Shah to repeal irrelevant and outdated laws and implement policy...

New Government Unveils 'Shock Therapy' Economic Reforms in 100-Point Agenda

2 months ago

Kathmandu. Following the new mandate, the new government has introduced a 'shock therapy' policy to accelerate the economy. This means implementing rapid and comprehensive economic reforms in a short period.The...

Nepal's Governance Roadmap Proposes Abolishing Dozens of Public Bodies for Efficiency

2 months ago

The 'Good Governance Roadmap, 2082' unveiled by the government proposes significant structural changes to reform the administration, recommending the abolition of about a dozen public entities, the merger of some,...

Nepal's New Government Unveils 100-Point Reform Agenda Targeting Agriculture and Tourism Overhaul

2 months ago

Kathmandu. The current government led by Prime Minister Balen Shah has unveiled a 100-point governance reform agenda aimed at breaking administrative inertia and providing citizens with a direct experience of...