Economy

Nepal Government Seeks Foreign Aid for Reconstruction After 'Gen-Ji' Protests Damage

4 months ago

Kathmandu. The government is preparing to seek assistance from donor agencies to reconstruct structures damaged during the 'Gen-Ji' protests. According to the Ministry of Finance, the move to secure resources...

Gold Prices Rise in Nepali Market on Thursday

4 months ago

Kathmandu. The price of gold has increased in the Nepali market on Thursday. According to the Federation of Nepal Gold and Silver Traders Association, the price of gold was set...

Mechi Customs Office Collects Nearly NPR 10 Billion in First Seven Months of Fiscal Year

4 months ago

Jhapa. The Mechi Customs Office has collected NPR 9.922627 billion in revenue in the first seven months of the current fiscal year. According to Ishwar Kumar Humagain, the information officer...

Surkhet Airport Expansion Remains Stalled Amid Shifting Political Priorities

4 months ago

Surkhet. The expansion of Surkhet Airport has been a major election agenda for candidates running for provincial and federal assembly seats since 2074 BS. The airport, located within Birendranagar, the...

Nepal Rastra Bank Publishes Foreign Exchange Rates for Thursday

4 months ago

Kathmandu. Nepal Rastra Bank (NRB) has set the foreign exchange rates for today (Thursday). Accordingly, the buying rate for one US Dollar has been set at 144.47 Rupees and the...

Extreme Heat Driven by Climate Change Threatens Global Coffee Production, Scientists Warn

4 months ago

Kathmandu. Scientists have stated that the abnormally increasing number of extremely hot days every year in the world's major coffee-producing countries due to climate change is severely impacting coffee cultivation....

Controversy Erupts as Regulator Reinstates Solar Airlines Despite Safety and Fleet Concerns

4 months ago

Kathmandu. The Civil Aviation Authority of Nepal (CAAN) has granted Solar Airlines permission to resume commercial flights, following an accident involving one of its aircraft flying from Kathmandu to Pokhara...

AI Revolutionizes India's Traditional Jewelry Industry, Blending Craftsmanship with Technology

4 months ago

New Delhi. Artificial intelligence (AI) is bringing a new turn to India's traditional jewelry industry. A gold brooch shaped like Lord Krishna, which shone in the exhibition hall of the...

Nepal Eases Foreign Investment Process, Removes Cap for Automatic Route Approvals

4 months ago

Kathmandu. The government has streamlined the process for bringing foreign investment into the industrial and business sectors. In its effort to make foreign investment easier and more digital, the Government...

Annapurna Rural Municipality Farmers Earn Nearly NPR 40 Million from Orange Sales

4 months ago

Myagdi. Farmers in Annapurna Rural Municipality of Myagdi have earned approximately NPR 40 million from orange sales this year. The Agriculture Development Branch of Annapurna Rural Municipality collected the details...

Nepal Electricity Authority Launches Crucial Tansen-Burtiwang 132kV Double Circuit Transmission Line

4 months ago

Kathmandu. The Nepal Electricity Authority (NEA) has formally brought the Tansen-Burtiwang 132kV double circuit transmission line into operation. This transmission line is a vital infrastructure project connecting Gulmi and Baglung...

Hetauda Sub-Metropolitan City Collects Over NPR 224 Million in Revenue in First Seven Months

4 months ago

Makwanpur. Hetauda Sub-Metropolitan City has collected NPR 224,549,485 in revenue in the first seven months of the current fiscal year.Manoj Subedi, head of the revenue branch at the sub-metropolitan city,...

Gold and Silver Prices Decrease in Nepali Market on Wednesday

4 months ago

Gold prices decreased in the Nepali market on Wednesday. Similarly, the price of silver also saw a slight decrease.According to the Federation of Nepal Gold and Silver Dealers' Association, the...

Independent Power Producers Warn Government of Nearly NPR 200 Billion Investment Risk in Electricity Sector

4 months ago

Kathmandu. Ganesh Karki, President of the Independent Power Producers' Association Nepal (IPPAN), has drawn the government's attention to the risk facing nearly NPR 200 billion invested in electricity licenses. He...

Nepal Layers Association Hikes Egg Prices Effective Immediately

4 months ago

Chitwan. The Nepal Layers Association has increased the price of eggs effective today. The price has been set at NPR 425 per crate for large eggs and NPR 375 for...

Nepal Rastra Bank Sets Wednesday's Foreign Exchange Rates; USD Sells at NPR 145.38

4 months ago

Kathmandu. Nepal Rastra Bank (NRB) has set the foreign exchange rates for today (Wednesday). According to the exchange rates, the buying rate for one US Dollar is set at 144.78...