Economy

Hulaki Highway Stalled After 16 Years Amid Contract Cancellations and Government Inaction

4 months ago

Kathmandu. The Hulaki Highway, considered the lifeline of development for the Terai-Madhes region, has been left incomplete for 16 years. The future of this national pride project is uncertain due...

Nepal-Japan Ties Evolve Beyond Aid to Strategic Investment and Tech Transfer, Stakeholders Note

4 months ago

Stakeholders have stated that the nearly seven-decade-long diplomatic relationship between Nepal and Japan is now moving beyond traditional assistance to a phase of strategic investment and technology transfer. Speakers at...

CII President Unveils Ambitious Goal to Grow Nepal's Economy to $100 Billion Within a Decade

4 months ago

Kathmandu. The President of the Confederation of Nepalese Industries (CNI), Birendra Raj Pandey, has publicly announced an ambitious goal to expand the country's economy to a size of $100 billion...

Koshi Province Pushes Forward 50 Projects Pledged at Investment Summit Amid Implementation Hurdles

4 months ago

Biratnagar. The government has announced that 50 projects for which investment commitments were made during the Koshi Province Investment Summit, held in Biratnagar on Jestha 18 and 19, 2082, under...

Nepal Rastra Bank Announces Latest Foreign Exchange Rates for Saturday

4 months ago

Kathmandu. Nepal Rastra Bank (NRB) has set the foreign exchange rates for today (Saturday). According to the central bank, the buying rate for one US Dollar is set at 144.72...

Agriculture Department Begins Study to Determine Wheat Support Price

4 months ago

Kathmandu. The Department of Agriculture has initiated the necessary study to fix the support price for wheat. The department has started on-site studies in ten different districts to ensure fair...

Nepal Electricity Commission Issues Directive for Hydropower Purchase Agreements with Reservoir Projects

4 months ago

Kathmandu. The Electricity Regulation Commission (ERC) has issued the 'Directive on Purchase and Sale of Electricity from Reservoir-Based Power Plants 2082'.The Commission issued the directive to systematize the process of...

Škoda Launches New Compact SUV 'Kushaq' in Nepal, Dealer Aims for Competitive Edge

4 months ago

Kathmandu. M A W Group, the authorized dealer for Škoda in Nepal, organized an event at Chandragiri Hills in Kathmandu on Tuesday to launch the European brand Škoda's new compact...

Nepal Establishes New Quality Standards for Widely Consumed Soy Chunks

4 months ago

Kathmandu. The government has issued new quality standards for the widely consumed soy chunks (soy chunks, soy body, soy nuggets, or soy granules). The Ministry of Agriculture and Livestock Development...

Ncell Partners with Super Krishak to Bring Digital and Premium Agricultural Services to Farmers Across Nepal

4 months ago

Kathmandu. Ncell and the digital agriculture platform Super Krishak have collaborated to provide digital and premium agricultural services to farmers nationwide. The main objective of this collaboration is to make...

Finance Minister Stresses Importance of Accurate Information Flow for Economic Stability

4 months ago

Kathmandu. Finance Minister Rameshwor Khanal has stated that the accurate flow of information is indispensable for steering the country's economy in the right direction. Speaking at an interaction program titled...

Central Bank Postpones Long-Term Liquidity Withdrawal Plan Amid Election Uncertainty

4 months ago

Kathmandu. The central bank, which had moved to withdraw liquidity for the long term under the assumption that interest rates would not rise immediately, has postponed this plan. The plan...

Nepal's Government Revenue and Expenditure Lagging in First Seven Months of Fiscal Year

4 months ago

Kathmandu. Both government revenue collection and expenditure have appeared weak in the first seven months of the current fiscal year 2082/83. According to the Office of the Auditor General, revenue...

Nepal Collects NPR 664 Billion in Revenue by Mid-January; VAT and Excise Show Growth

4 months ago

Kathmandu. The government has collected a total of NPR 664.0251 billion in revenue up to the month of Magh in the current fiscal year 2082/83. According to the details published...

Kalimati Market Sets Wholesale Prices for Fruits and Vegetables

4 months ago

Kathmandu. 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 70...

Biratnagar Metropolitan City Ranks First in National Natural Resources and Fiscal Commission Evaluation

4 months ago

Biratnagar Metropolitan City has secured the top position in the evaluation conducted by the National Natural Resources and Fiscal Commission. The metropolis achieved first place by scoring 78.11 percent in...