Up it goes The Nepal Rastra Bank’s monthly review has given cause for concern as the consumer inflation rate has increased by 8.2 per cent during the first two months of the current fiscal year. The price index in the hilly region has gone up by even more, 9.1... 24 Nov, 2005
Indians build strategic Afghanistan-Iran road Zaranj (Afghanistan), October 3:A strategic new road from Afghanistan to Iran being built by Indian military engineers will improve access to sea ports, reduce Kabul’s dependence on Islamabad and boost trade with India and the Gulf.The 280-km road... 03 Oct, 2005
Liberalisation makes little impact Kathmandu, September 23:Despite the country having adopted economic liberalisation policies after the restoration of democracy in 1990s in a bid to spread its benefits to poor people, these policies have not made any impact on essential commodities of... 23 Sep, 2005
Essential goods still lack proper supply chain Kathmandu, September 21:Laws, acts and regulations have been made since 1975 in order to ensure the smooth flow of essential commodities. However, consumers still suffer due to a lack of essential commodities such as petroleum products, sugar, salt,... 21 Sep, 2005
Challenges ahead of Lankan polls Sri Lankan politicians are on the road again as the presidential polls gather momentum with the dates of the poll likely to be announced this week. The public, the business community and the rest of civil society will follow the usual rhetoric about... 07 Sep, 2005
India considers plans to increase fuel price New Delhi, August 11:The government will consult its Left allies next week on the proposed hike in prices of petrol, diesel and possibly kerosene and cooking gas as well. “Petroleum Minister Mani Shankar Aiyar is scheduled to meet Left parties next... 11 Aug, 2005
Consumer rights Public awareness and law implementation Ram Chandra SubediVested interest groups are exploiting consumers because of poor law implementation.With the advent of the 20th century, consumer rights gained importance in the world. The Western countries played the pioneer role in creating... 11 Apr, 2005
NFC fixes goat prices for Dashain Kathmandu, October 3: With Nepalis’ biggest festival, Dashain just around the corner, the state-run food supplier, Nepal Food Corporation (NFC) is busy arranging for supplying essential commodities like rice and goats for citizens of Kathmandu. NFC... 10 Mar, 2005
Japan provides Rs 1.20b grant Himalayan News ServiceKathmandu, March 7:The government of Japan has agreed to extend a grant assistance of over Rs 1.20 billion to Nepal for the execution of non-project grant aid and increasing food production in Japan’s fiscal year 2004. To this... 07 Mar, 2005
Ailing economy Unsustainable expansionary fiscal policy Bishwambher Pyakuryal: It will be difficult to imagine that Nepal is facing a unique but difficult conflict economy by looking at the way the government is making policy decisions. The excuses to increase the price of POL products and the VAT rate to... 19 Jan, 2005
Biz briefs Aryal heads CNI team KATHMANDU: The Confederation of Nepalese Industries (CNI) has nominated national council member Rajendra Aryal as coordinator of its public relations and press committee. Aryal, who is also the managing director of Trikon... 17 Jan, 2005
Transport strike hits India, B’desh trade Himalayan News ServiceKolkata, January 5:Trade between India and Bangladesh through the Petrapole-Benapole border has come to a halt following a truckers’ strike from January 1.The Indian transporters are protesting a parking fee hike at the Benapole... 06 Jan, 2005
