India’s GDP growth rate to stay at five per cent Himalayan News ServiceKolkata, January 14:Ashok Jha, secretary, department of industrial policy and promotion, ministry of commerce and industry of India has said that India’s GDP growth will average at around 5 per cent per annum for the next 50... 14 Jan, 2005
China needs to enact reform Himalayan News ServiceWashington, January 12:China is capable of more of the same remarkable economic growth it has seen over the past two decades but it must also enact much needed reforms in the banking, trade and other areas.Right now, with reforms... 12 Jan, 2005
India to restart disinvestment Agence France PresseNew Delhi, January 12:India plans to sell shares in state-owned companies including the country’s largest carmaker Maruti Udyog and power-equipment firm Bharat Heavy Electricals (BHEL) in order to cap the budget deficit, an... 12 Jan, 2005
BIZ BRIEFS US rates to keep risingWASHINGTON: Federal Reserve policy-makers suggested at their December meeting that they would continue to push short-term interest rates higher to blunt the risk of an inflation flare-up. At the Fed’s meeting, policy-makers... 06 Jan, 2005
Foreign aid suspension Hard choices for the decision makers Raghab D. Pant The suspension of foreign aid will hit Nepal’s economic growth and the poverty level, especially of the rural sector. I will limit myself to the implementation of the budget for the fiscal year 2004/05. The question of suspension of... 03 Jan, 2005
It’s time to take stock of economy: Experts Gopal TiwariKathmandu, January 2:Finally, time has come to review the economy, as liberalisation has not been able to render as we have hoped. The economic fallacies need to be wiped to be compatible and competitive with the global market... 03 Jan, 2005
Greenbuck may dip further The GuardianLondon, January 2:When US president Bush will have reason to be grateful this month that a leader’s success at stewarding his country’s economy is no longer measured by the strength of its currency. Since he first came to power four... 03 Jan, 2005
BIZ BRIEFS S Korean exports highSEOUL: South Korean exports hit a record high of more than $250 billion in 2004, with the country’s trade surplus doubling year-on-year to some $30 billion. Semiconductors, autos, mobile phone handsets and ships led the... 03 Jan, 2005
BIZ BRIEFS Vegetable farming MYAGDI: Farmers of Simalchaur, Dudhekhola, Ratnachaur, Singha, Arman and Bhagawati VDCs have been earning thousands of rupees annually from commercial vegetable farming. Farmers say that they can earn a decent earning by cultivating... 02 Jan, 2005
India unveils pro-poor budget Agence France PresseNew Delhi, July 8:India‘s new-left leaning government today unveiled a pro-poor budget which also cheered investors with sweeping liberalisation measures while pledging economic growth of seven-eight per cent. Delivering the... 09 Jul, 2004
NARC organises workshop Himalayan News ServiceLalitpur, July 1:Purna Prasad Manandhar, secretary at the ministry of agriculture and cooperatives, inaugurated the Sixth National Workshop on Animal Husbandry and Fishery organised by National Agriculture and Research Council... 01 Jul, 2004
FDI in Nepal Need for common agenda with Maoists Bishwambher Pyakuryal Although Nepal is open to FDI, bureaucratic delays and inefficiency have distorted policy implementation. Development work in the country has significantly deteriorated. 10 major donors have suspended targeted development... 27 Jun, 2004
