Economy

Bindra Hada Bhattarai Appointed to Global IME Bank Board

1 week ago

Kathmandu. Global IME Bank Limited has appointed Bindrra Hada Bhattarai as a member of its board of directors. The bank's board of directors, in a meeting held on Friday, decided to...

Nepal CAA Director Calls for Review of Air Route Availability and Airport Investment Model

1 week ago

Kathmandu. Director General of the Civil Aviation Authority of Nepal, Mukesh Dangol, has stated that the current investment model for air route availability and airport construction needs immediate review for...

Seven CEOs Suspended Due to Deepak Bhatta Case

1 week ago

Kathmandu. Seven Chief Executive Officers (CEOs) from the financial sector have been suspended due to a case related to Deepak Bhatta. The CEOs of two reinsurance companies and micro-insurance companies...

Gold Price Rises, Oil Price Falls After Iran-US Conflict Ends

1 week ago

Kathmandu. The prices of both gold and oil have returned to their old paths. The price of gold started to rise with the announcement of the end of the Iran-US...

Energy Minister Announces End to License Raj in Energy Sector

1 week ago

Kathmandu. Energy, Water Resources and Irrigation Minister Biraj Bhakta Shrestha has announced the end of the license raj that has persisted in the energy sector for years. He stated that...

Infrastructure Committee Chairman Assures Policy Reforms for Energy Sector Development

1 week ago

Kathmandu. Infrastructure Development Committee Chairman Ashish Gajurel has stated that the government is ready to make policy reforms for the development of the energy sector.Speaking while giving a welcome speech...

Industrial Sector Federation Warns Government Against Mocking Rule of Law Amidst Rent Dispute

1 week ago

Kathmandu. The Nepal Industrial Sector Industry Federation has expressed serious concern over the recently issued seven-day public notice and the Industry Minister's statement, issuing a stern warning to the government...

Gold and Silver Prices Increase Significantly in Nepali Market

1 week ago

Kathmandu. The price of gold and silver has increased significantly in the Nepali market today (Friday). According to the Federation of Nepal Gold and Silver Dealers, the price of gold...

Nepal Industry Confederation Chairman Emphasizes Need for Manufacturing Industries to Boost Consumption

1 week ago

Kathmandu. Nepal Industry Confederation Chairman Virendraraj Pandey has stated that manufacturing industries are necessary to increase consumption. He said this on Friday while giving a welcome speech at the 24th...

Nepal Chamber of Commerce Chairman Agrawal Welcomes Energy Sector Budget and Policy

1 week ago

Kathmandu. Nepal Chamber of Commerce Chairman Kamlesh Agrawal has said that the budget and policy and program in the energy sector are welcome. He said this while giving best wishes...

Government Invites Applications for CEO Position at Food Management and Trade Company Limited

1 week ago

Kathmandu. The government has invited applications for the vacant Chief Executive Officer (CEO) position at the Food Management and Trade Company Limited. The selection committee under the Ministry of Industry,...

Nepal Electricity Authority Acting MD Stresses Private Sector Role in Energy Development

1 week ago

Kathmandu. Nepal Electricity Authority Acting Executive Director Dirghayukumar Shrestha has stated that the participation of the private sector in transmission line construction and electricity trade is essential for the development...

IPPAN Chairman Ganesh Karki States Minister Biraj Bhakta Shrestha Has Opportunity to Make History in Energy Sector

1 week ago

Kathmandu. Independent Power Producers' Association Nepal (IPPAN) Chairman Ganesh Karki has stated that Minister Biraj Bhakta Shrestha has the opportunity to make history in the energy sector. Karki said this...

Government Allocates Over 5.6 Billion Rupees for Road Safety and Landslide Control

1 week ago

Kathmandu. To minimize the significant human and physical damage caused by road accidents and monsoon-induced landslides every year, the government has made provisions in the upcoming fiscal year (2083/084) budget....

Nepal Rastra Bank Sets Foreign Exchange Rates for Friday

1 week ago

Kathmandu. Nepal Rastra Bank has determined the foreign exchange rate for today (Friday). Accordingly, the purchase rate for one US dollar has been set at 152 rupees 92 paisa and...

Parliamentary Debate on FY 2083/84 Budget Highlights Dissent and Defense

1 week ago

Kathmandu. Discussion on the budget for the fiscal year 2083/84 is currently underway in the parliament. After being obstructed for 10 days due to controversial remarks by Prime Minister Balendra...