Economy

National Planning Commission Vice Chairman Cites Lack of Problem-Solving in Nepal's Government Machinery

5 months ago

Vice Chairman of the National Planning Commission, Dr. Prakash Kumar Shrestha, stated that there is a deficit of problem-solving within Nepal's governmental apparatus. Speaking at the 'Prosperity Dialogue' organized by...

Nepal's Finance Minister Announces Lower Cash Transaction Limit to Curb Opaque Dealings

5 months ago

Kathmandu. Finance Minister Rameswor Khanal announced that the limit for cash transactions has been reduced to control opaque dealings.Speaking at an event organized in Kathmandu on Saturday on the occasion...

Mahindra Service Camp 'Mahindra Carefest 2082' Launched Across Nepal with Exclusive Discounts

5 months ago

Kathmandu. Balaju Auto Works Pvt. Ltd., the official service center for Mahindra in Nepal under the Agni Group, has launched the annual special service camp for Mahindra vehicle owners, titled...

US Dollar Reaches New High Against Nepali Rupee in Central Bank's Latest Exchange Rate Announcement

5 months ago

Kathmandu. Nepal Rastra Bank (NRB) has set the foreign exchange rate for today (Saturday). Accordingly, the value of the American Dollar has reached an all-time high. While the buying rate...

Prabhu Mahalaxmi Life Insurance Honors Agents Selected for MDRT-2026 International Forum

5 months ago

Kathmandu. Prabhu Mahalaxmi Life Insurance Limited honored the agents who have been selected for the international forum of financial consultants, 'MDRT-2026'. The honoring ceremony, which lasted for three days from...

Nepal Government Accelerates Tax Service Expansion to Enhance Citizen Convenience

5 months ago

Kathmandu. The government has intensified the expansion of tax services for the convenience of taxpayers. Following the approval of a new organizational structure proposal under the Ministry of Finance, 36...

Gold and Silver Prices Hit Record Highs in Local Market

5 months ago

Kathmandu. The price of gold and silver set a new record in the local market today. Compared to Thursday, the price per tola of gold increased by Rs 9,200, and...

Indian Rupee Hits Historic Low Against US Dollar Amid Market Volatility

5 months ago

New Delhi. The Indian Rupee has fallen to a historic low of 91.73 against the US Dollar. Due to continuous demand for the dollar and caution in the global market,...

Nepal Rastra Bank Sets Friday's Foreign Exchange Rates

5 months ago

Kathmandu. The Nepal Rastra Bank (NRB) has set the foreign exchange rates for today (Friday). According to the central bank, the buying rate for one U.S. Dollar is set at...

Deadline of Investigation Commission extended by 20 days

5 months ago

Kathmandu, Jan 22: The deadline of the Investigation Commission formed by the government to probe the damages occurred during the September 8 and 9 Gen Z movement has been extended...

Gold, silver prices decline

5 months ago

Kathmandu, Jan 22: The prices of gold and silver declined in the domestic market on Thursday.According to the Federation of Gold and Silver Dealers’ Association, gold is being traded at...

Ryanair boss reminds Musk of EU rules preventing takeover

5 months ago

Ryanair chief executive Michael O'Leary on Wednesday reminded billionaire Elon Musk that European Union rules prohibit non-Europeans from controlling the Irish airline, in the latest instalment of their public spat.South...

EU parliament refers Mercosur trade deal to bloc's top court

5 months ago

The European Union's parliament voted on Wednesday to refer a freshly signed trade deal with South American bloc Mercosur to the EU's top court, casting a veil of legal uncertainty...

Agricultural Development Bank marks 59th anniversary

5 months ago

Kathmandu, Jan 21: By the second quarter of the current fiscal year 2025/26, the total deposits of the Agricultural Development Bank have reached Rs 324 billion 970 million while the...

CM Baniya for using cement instead of asphalt in paving roadways in Nepal

5 months ago

Kathmandu, Jan 21: Chief Minister of Bagmati Province, Indra Bahadur Baniya, emphasized the need to promote the usage of domestically produced cement in road construction thereby reducing the import of...

Construction of Kohalpur-Surkhet 132 kV transmission line reaches final stage

5 months ago

Kakrebihar (Surkhet), Jan 21: The construction of the KohalpurSurkhet 132 kV transmission line has reached its final stage.With preparations underway for charging the transmission line by February 3 itself, work...