NEWS

Government Spending Exceeds Revenue Collection in First Two Months of Current FY

In the first two months of the current fiscal year (FY), the government's spending accounted for only 7.49 percent of the total budget allocation.  The capital expenditure was a mere 2.7 percent of the allocated Rs 302.07 billion for the months of Shrawan  and…

Spark Car to Organise 'Wild Stay with Chaunri' in Sailung
Spark Car to Organise 'Wild Stay with Chaunri' in Sailung
  0   1 minutes 24 seconds to read

September 18: Spark Car, a rental car service provider, has announced to organize a Wild Stay with Chauri under the Spark Adventure 2023 in Sailung, a picturesque area in Dolakha with high potential for…

Esewa Money Transfer to Continues its ‘Mero Digital Desh’ Initiative    

September 18: Esewa Money Transfer, one of the leading digital remittance company of Nepal operating under the stewardship of fintech company F1Soft Group, has announced to continue its initiative “Mero Digital Desh” in order to promote formal remittance and make people aware of the advantages of sending money through digital…

Current Account and Balance of Payments in Surplus
Current Account and Balance of Payments in Surplus
  0   1 minutes 42 seconds to read

September 17: The country’s current account remained at a surplus of Rs 12.99 billion in the first month of the current fiscal year against a deficit of Rs 15.13 billion in the same period of the previous…

Nepal’s Trade Deficit Declines Marginally
Nepal’s Trade Deficit Declines Marginally
  0   1 minutes 54 seconds to read

September 18: Nepal’s trade deficit decreased 0.7 percent to Rs 115.71 billion during the first month of the current fiscal year (FY 2023/24), according to the latest report of Nepal Rastra…

Karnali Government to Offer 17 Types of Subsidies to Farmers
Karnali Government to Offer 17 Types of Subsidies to Farmers
  0   2 minutes 3 seconds to read

The Karnali province government has announced its plan to provide 17 different types of subsidies this year in an effort to support and motivate farmers within the…

Deposit Collection Drops by 2.3%; Credit Flow Falls by 0.1%
Deposit Collection Drops by 2.3%; Credit Flow Falls by 0.1%
  0   41 seconds to read

In the first month of the current fiscal year of 2023/2024, the deposit collection of banks and financial institutions decreased by 2.3 percent, and the loan flow dipped by 0.1…