Economy

Hotel Association of Nepal President Cites Underutilization of Billion-Dollar Investments in Hospitality Sector

4 months ago

Kathmandu. Binayak Shah, President of the Hotel Association of Nepal (HAN), stated that despite billions of rupees being invested in hotels, they are not being utilized to their full potential....

IPPAN Chairman Warns Nepal Lacks Plan for Increasing Electricity Consumption

4 months ago

Kathmandu. Ganesh Karki, Chairman of the Independent Power Producers' Association, Nepal (IPPAN), stated that although electricity generation is increasing, the state lacks a plan on how to consume it.Speaking at...

Economist Urges Political Parties to Center Manifestos on Nepali Economy

4 months ago

Kathmandu. Economist Nar Bahadur Thapa has stated that political parties must keep the Nepali economy at the center while preparing their manifestos. Presenting a working paper at the program 'Economic...

Chamber of Commerce President Urges Political Parties to Prioritize Economic Agendas

4 months ago

Kathmandu. Chandra Prasad Dhakal, President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), stated that political parties must establish their economic agendas. Speaking at the 'Economic Agendas...

Construction Federation Chief Urges Political Parties to Prioritize Economic Agenda Over Politics in Manifestos

4 months ago

Kathmandu. Rabi Singh, Chairman of the Nepal Contractors' Association (FNC), has stated that political parties must set aside political agendas and give primary importance to economic agendas in their upcoming...

Kathmandu-Terai Expressway Project Faces Delays Amidst Weak Government Decision-Making

4 months ago

Kathmandu. The construction of the national pride project, the Kathmandu-Terai/Madhes Expressway (Fast Track), appears unlikely to be completed on schedule due to the government's weak decision-making capacity in the construction...

Nepal Rastra Bank Announces Sunday's Foreign Exchange Rates

4 months ago

Kathmandu. Nepal Rastra Bank (NRB) has set the foreign exchange rates for today (Sunday). Accordingly, the buying rate for one US Dollar has been set at 146.88 Rupees and the...

Federation Presents Key Demands to Political Parties, Citing Economic Distress

4 months ago

Kathmandu. The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has presented its suggestions to political parties through a special manifesto. The Federation made this demand while addressing a...

Nepal Rastra Bank Sets Foreign Exchange Rates for Saturday

4 months ago

Kathmandu. The Nepal Rastra Bank (NRB) has set the foreign exchange rates for Saturday. Accordingly, the buying rate for one US Dollar has been set at 146.88 rupees and the...

Nepal's Finance Ministry Discloses Mid-Year Performance, Highlighting Budget Spending and Revenue Collection Gaps

4 months ago

Kathmandu. The Ministry of Finance has made public the work performance and achievements made during the second trimester of the current fiscal year 2080/81.The Ministry released a detailed progress report...

Daraz Nepal Announces '2.2 Fabulous Feb' Sale with Discounts Up to 70% and Bumper Prizes

4 months ago

Kathmandu. Online shopping platform Daraz Nepal has announced its highly anticipated '2.2 Fabulous Feb, Too Good To Miss!' sale coinciding with the start of February.This campaign will commence on Magh...

Gold and Silver Prices Decrease in Local Market

4 months ago

Gold and silver prices have decreased in the local market today. The price of both metals has fallen compared to Thursday.According to the Federation of Nepal Gold and Silver Dealers'...

Parbat Orange Farmers Reap Double Prices as Supply Dwindles Elsewhere

4 months ago

Myagdi. Farmers in Banskark, Jaljala Rural Municipality-1, Parbat, who started harvesting oranges after supplies elsewhere dried up, have secured double the price. Farmers in Banskark began harvesting after the month...

Nepal Rastra Bank Announces Friday's Foreign Exchange Rates

4 months ago

Kathmandu. Nepal Rastra Bank (NRB) has set the foreign exchange rates for today (Friday). Accordingly, the buying rate for one US Dollar has been set at 146.84 Rupees and the...

Task Force Submits Report Recommending Reopening of Gorkhali Rubber Industry with New Technology

5 months ago

Kathmandu. The task force formed to suggest the reopening of the Gorkhali Rubber Industry has submitted its report, prepared over 10 months, to Minister of Industry, Commerce, and Supplies Anil...

India's Economic Survey Projects 6.8% to 7.2% GDP Growth for FY 2026-27 Amid Global Headwinds

5 months ago

New Delhi. Indian Finance Minister Nirmala Sitharaman tabled the country's Economic Survey in the Lok Sabha today. This report, released just a day before the budget, is considered India's 'economic...