NOC oil tax : No legal base whatsoever On December 3, the Nepal Oil Corporation, a state run monopoly, in a specially arranged press conference, announced, as expected, the reduction in the price of petrol, diesel and kerosene by Rs. 5 per litre with petrol now costing Rs. 85 per litre... 08 Dec, 2008
Nepal’s financial policy Lack of new direction and approach Recently, an English daily published detailed interviews of the current Finance Minister Dr. Babu Ram Bhattarai and his predecessor Dr. Ram Saran Mahat. A unique feature of the interviews is that both of them justify their capacity for taking the... 17 Nov, 2008
Economic revolution a must Kathmandu, October 4:Experts stressed on economic revolution to take advantage from China and India, the Southern and Northern neighbours that are taking giant leaps forward in economic growth. “To take advantage from these rising economic... 04 Oct, 2007
‘Investors are still sceptical about Nepal’ Kathmandu, January 10:Despite the peace accord having been signed between the Maoists and other political parties, investors are found be sceptical about increasing their investment and business activities, Dr Jagdish C Pokhrel, vice-chairman of the... 10 Jan, 2007
LETTERS Let peace prevail:Lok Raj Baral’s article “Peace agreement” (THT, Nov. 27) endorses the notion that G P Koirala and P K Dahal should both receive the Nobel Peace Prize. Frankly, it’s the people of Nepal who deserve it more. Donors should now be... 27 Nov, 2006
‘Budget sets out to satisfy all sectors’ Kathmandu, July 17:At a time when the question of longevity of the current seven party alliance (SPA) government is being raised, economists, former finance ministers and business sector people have termed the budget for fiscal year 2006-07 as an... 17 Jul, 2006
India’s budget - Walking the path of honour and courage Indian economy has definitely ‘taken-off’, in an irreversible manner, endowed with an economic momentum irrespective of the vagaries of politics and weather. This is to be seen from its Gross Domestic Savings of 29.1 per cent and Gross Capital... 06 Mar, 2006
Budget 2005-06 draws mixed reaction Himalayan News ServiceKathmandu, July 17:Senior economists and former finance ministers termed the budget for fiscal year 2005-06 ‘ambitious’ and policy document ‘vague’. “The budget lacks proper focus to lead the economy,” they said, while... 17 Jul, 2005
Conditions force budget to stay on paper: Experts Himalayan News ServiceKathmandu, July 1:Former finance ministers, experts and business sector people have expressed grave concerns about the deteriorating performance of the economy as the GDP growth remains less than two per cent at the close of the... 01 Jul, 2005