NEWS

Current Account and Balance of Payments in Surplus in Current Fiscal Year
Current Account and Balance of Payments in Surplus in Current Fiscal Year
  0   2 minutes 17 seconds to read

April 5: The current account of the government remained at a surplus of Rs 166.87 billion in the first eight months of the current fiscal year against a deficit of Rs 55.28 billion in the same period of the previous…

Inflation Moderates to 4.82 Percent in mid-March
Inflation Moderates to 4.82 Percent in mid-March
  0   1 minutes 41 seconds to read

April 5: The year-on-year (y-o-y) consumer price inflation moderated to 4.82 percent in mid-March 2024 compared to 7.44 percent a year…

Nepal’s Trade Deficit Stands at Rs 929 Billion
Nepal’s Trade Deficit Stands at Rs 929 Billion
  0   1 minutes 52 seconds to read

April 5: Nepal’s trade deficit has reached Rs 929.61 billion in the first eight months of the current fiscal year despite a 2.5 percent decline in the review period compared to the corresponding period of last fiscal…

CIAA Sues Former Minister Shahi, 31 others for Corruption in Wide-Body Aircraft Procurement  

April 4: The Commission for the Investigation of Abuse of Authority (CIAA) on Thursday lodged a charge sheet against 32 persons, including former Minister for Culture, Tourism and Civil Aviation Jeevan Bahadur Shahi, on the charge of corruption on procurement of wide-body aircraft for the national flag carrier- Nepal Airlines Corporation…

Government Unlikely to Amend Laws Before Investment Summit
Government Unlikely to Amend Laws Before Investment Summit
  0   4 minutes 43 seconds to read

April 4: The government’s attempt to introduce various laws and regulations before the Third Investment Summit scheduled for April 28 and 29 seems an uphill…

Big Insurance Companies Fail to Issue Micro Insurance Policies
Big Insurance Companies Fail to Issue Micro Insurance Policies
  0   5 minutes 31 seconds to read

April 4: Big insurance companies have failed to implement the instructions of Nepal Insurance Authority that insurance such companies should issue a minimum of 10% micro insurance…

Nepal's Air Quality 'Improving'
Nepal's Air Quality 'Improving'
  0   3 minutes 58 seconds to read

April 4: Until a few years ago, winter days in major cities across Nepal, including the Kathmandu Valley, were characterized by hazardous air quality, posing significant health risks to the public.…

NEPSE Dips Slightly, Closing at 2,006.78 
NEPSE Dips Slightly, Closing at 2,006.78 
  0   1 minutes 6 seconds to read

The Nepal Stock Exchange(NEPSE) Index recorded a minimal fall of 3.43 points or 0.17%, closing at 2006.78 points on the fourth trading day of the week on…

Nepal-Switzerland Discuss Bilateral Cooperation on Trade and Tourism
Nepal-Switzerland Discuss Bilateral Cooperation on Trade and Tourism
  0   1 minutes 38 seconds to read

April 3: The Nepal-Switzerland Bilateral Consultations Mechanism (BCM) meeting in Switzerland reviewed the entire spectrum of Nepal-Switzerland relations including economic ties, development partnership, multilateral cooperation, and contemporary global issues such as climate change and human rights.…

Growth of Industrial and Commercial Sectors not Satisfactory: NSO
Growth of Industrial and Commercial Sectors not Satisfactory: NSO
  0   4 minutes 20 seconds to read

April 3: Nepal's economy has improved somewhat in the second quarter of the current fiscal year (FY), but some important sectors of the economy are still in a state of slowdown, according to the latest data of the government.…

World Bank Projects Inflation to Rise to 6.7 Percent in 2024
World Bank Projects Inflation to Rise to 6.7 Percent in 2024
  0   4 minutes 58 seconds to read

April 3: The consumer price inflation in Nepal is expected to remain high at 6.7 percent in 2024, close to the central bank's 6.5 percent ceiling, due to VAT exemptions removal, India's food export restrictions, and increase in minimum support prices of paddy, the World Bank said in its latest report.…