Business

Finance Minister announces plans for balanced Budget and economic priorities

Finance Minister Barshaman Pun has outlined the government's commitment to introducing a balanced budget for the upcoming fiscal year, emphasizing a prudent approach to fiscal management amidst evolving economic challenges.

South Korean Jobs at Risk as AI Advances, Warns Central Bank

A recent study from the Bank of Korea revealed that nearly four million jobs in South Korea could be jeopardized by the proliferation of...

Central Bank reports surge in consumer price inflation

Nepal Rastra Bank (NRB) has reported a surge in year-on-year y-o-y consumer price inflation in the Kathmandu Valley, Terai, Hill and Mountain region to 10.23 percent, 5.66 percent, 7.38 percent, and 10.24 percent, respectively, in the three months ending Mid-October 2023/24. 

Kaligandaki RM Exports Flowers Worth Rs 2 Million in Festive Flourish

Kaligandaki Rural Municipality in Syangja district exported flowers worth Rs 2 million this festive season, boosting the local economy. The municipality, supporting growers with subsidies and grants, expects to hit Rs 2.5 million by the Tihar festival end.

NRB publishes three-month economic and financial status report 

Nepal Rastra Bank NRB has published the economic and financial status of the country for the first three months of the current fiscal year.   Inflation...

MCC’s Decision to Scrap 400-KV Transmission Line Contract Sparks Questions

The Millennium Challenge Account Nepal Development Committee has cancelled a 400-KV transmission line contract due to increasing construction costs, causing uncertainties over the project's timeline and next tender announcement.

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RSP Prez Lamichhane and other defendants begin testimonies in court

The testimonies of five defendants, including Rastriya Swatantra Party President and former Home Minister Rabi Lamichhane, accused in a cooperative fraud case, will begin today at the Kaski District Court.

Celebrating the 101st Birth Anniversary of Sant Leader Krishna Prasad Bhattarai

Celebrating the 101st Birth Anniversary of Sant Leader Krishna Prasad Bhattarai

10th Annual Drukpa Council: A Spiritual Revival in Nepal with Global Impact

The revered Druk Amitabha Mountain in Kathmandu is set to host the 10th Annual Drukpa Council (ADC) from December 28, 2024, to January 1, 2025.

Janakpur Bolts Crowned Champions of Nepal Premier League’s Inaugural Season

Janakpur Bolts emerged victorious in the historic first season of the Nepal Premier League (NPL) T20 Cricket Tournament, defeating Sudurpaschim Royals by five wickets in a thrilling final match held at Kirtipur’s TU Cricket Ground.

650 Nepali Passport Applications Collected in Malta, Over 10 Million Revenue Generated

A mobile camp organized by the Department of Passports, Kathmandu, and the Nepali Embassy in Spain has successfully processed 650 e-passport applications in Malta.