Nepal Stock Exchange Index Drops by Double Digits After Three-Day Surge

3 months ago

The Nepal Stock Exchange (NEPSE) index, which had been rising for the past three days, fell by double digits on Wednesday, the fourth trading day. Today, the NEPSE index decreased...

Transport Federation Issues Ultimatum to Government Over Fare Hike Amid Fuel Price Surge

3 months ago

The Federation of National Transport Entrepreneurs of Nepal has issued an ultimatum to the government to immediately adjust public transport fares. Citing losses due to the sharp increase in petroleum...

National Planning Commission Finalizes Implementation Plan for 16th Periodic Plan

3 months ago

Kathmandu. The National Planning Commission (NPC) has prepared a detailed implementation work plan for the effective execution of the 16th Periodic Plan (2081/82–2085/86). This work plan has already been approved...

National Resource Estimation Committee Sets Budget Ceiling at NPR 1.89 Trillion for Upcoming Fiscal Year

3 months ago

Kathmandu. The National Resource Estimation Committee has set the budget ceiling for the upcoming fiscal year (2083/084) at NPR 1.89 trillion for the Ministry of Finance.Following the setting of this...

Government Offices in Kathmandu Quiet as Budget Season Begins Amid Ministerial Vacuum

3 months ago

Kathmandu. The hustle for budget formulation in the country has almost begun. If all ministries in Singha Durbar had their ministers, representatives from provincial and local levels would already be...

Asia Remains Key Driver of Global Economic Growth, New Report Indicates

3 months ago

Kathmandu. A new report shows that Asia remains the primary driver of global economic growth. According to the report released on Tuesday, Asia's share of the world's Gross Domestic Product...

Nepal's Finance Ministry Accelerates Budget Preparation, Prioritizing New Government's Economic Policies and RSP Manifesto

3 months ago

With about two months remaining until the public announcement of the budget for the upcoming fiscal year 2083-84, the Ministry of Finance has intensified preparations for budget formulation. Officials from...

CG MotoCorp Opens Bookings for Suzuki's First Premium Electric SUV, the E-Vitara, in Nepal

3 months ago

Kathmandu. CG MotoCorp, the authorized distributor of Suzuki vehicles in Nepal, has opened bookings for its highly anticipated first premium Battery Electric Vehicle (BEV), the 'Suzuki E-Vitara'.The company announced the...

Department of Transport Management Publishes List of 1,077 Unclaimed Driving Licenses

3 months ago

The Department of Transport Management has published a list of 1,077 printed driving licenses. On Wednesday, the department published the details of the driving licenses through its Facebook page, 'Hello...

Nepal's Security Printing Center Faces Deadline Pressure to Print 1.2 Million Driver's Licenses

3 months ago

Kathmandu. Only one month remains for the Security Printing Center to complete the agreement to print 1.2 million smart driver's licenses. Although the agreement stipulated printing 1.2 million licenses within...

Gold Prices Surge in Nepali Market After Recent Decline

3 months ago

Kathmandu. The price of gold saw a significant increase in the Nepali market on Wednesday. Although the price of gold had been continuously decreasing for the past few days, it...

Nepal's EV Surge: Rapid Adoption Puts Nation Second Globally in New Car Sales, But Fuel Crisis Looms for Public Transport

3 months ago

Kathmandu. Preparations are underway to form a new government in the country according to the mandate of the elections. The Rastriya Swatantra Party, which won nearly two-thirds of the seats,...

Crude Oil Prices Plunge in Asian Markets Following Reports of US-Iran Talks

3 months ago

Crude oil prices saw a significant drop in Asian markets early Wednesday. The price of oil sharply decreased after US President Donald Trump expressed that talks were underway to end...

US Dollar Value Drops Slightly as Euro, Pound, and Swiss Franc Rates Increase, Central Bank Announces

3 months ago

Kathmandu. The Nepal Rastra Bank (NRB) has set the foreign exchange rates for today (Wednesday). Accordingly, the value of the US Dollar has slightly decreased. However, the values of the...

Government Unveils 16th Plan Implementation Roadmap to Ensure Results-Oriented Execution

3 months ago

Kathmandu. The government has unveiled the '16th Plan Implementation Roadmap (Fiscal Year 2081/82–2085/86)' with the objective of making implementation results-oriented by clearly linking the strategies, policies, and programs outlined in...