Dispute over petro product exploration ends ​​​​​​​A dispute that had surfaced in the process of land purchase for petroleum product exploration has come to an end. Nepal 01 Oct, 2023
Country's trade deficit at Rs 233.30 billion in first two months ​​​​​​​Nepal’s trade deficit stood at Rs 233.30 billion in the first two months of fiscal year 2023-24, that is, between mid-July and mid-September. Business 25 Sep, 2023
Energy minister emphasises promotion of EVs ​​​​​​​Minister for Energy, Water Resources, and Irrigation, Shakti Bahadur Basnet, has expressed the government’s commitment to promote environmentally friendly electric vehicles and implement policies to support this initiative. He emphasised the importance of electric vehicle (EV) promotion for environmental conservation and increasing electricity consumption in Nepal. Business 19 Sep, 2023
Two electric charging stations come into operation The NEA has established 51 fast charging stations at various places of the country. Business 10 Sep, 2023
Stakeholders stress prioritising infra investment To support the increase in power production, stakeholders have emphasised the imperative need to boost investment in infrastructure to elevate domestic consumption and enhance exports to neighbouring countries. Business 07 Sep, 2023
NOC increases price of petroleum products The NOC said that the new price will be effective from midnight today. Business 31 Aug, 2023
EDITORIAL: House resumes After nearly a month of obstruction by the opposition, business resumed in the House of Representatives (HoR) on Wednesday after the government agreed to form a commission to probe into the gold smuggling cases that have rocked the country in recent times. Opinion 25 Aug, 2023
Country's trade deficit at Rs 115.71 billion ​​​​​​​The country’s trade deficit stood at Rs 115.71 billion in the first month of fiscal year 2023-24, that is, between mid-July and mid-August. Business 24 Aug, 2023
EDITORIAL: Justice for workers Remittances from Nepali migrant workers contribute about a fourth to the country’s gross domestic product and help keep the Nepali economy afloat. Were it not for the money sent home by millions of workers working especially in Malaysia and the Gulf countries, Nepal’s economy would have long collapsed. Opinion 21 Aug, 2023
Trade deficit narrowed by Rs 265 billion in fiscal year 2022-23 ​​​​​​​The trade deficit of the country decreased by Rs 265 billion in the fiscal year 2022-23, primarily due to reduction in imports. Business 26 Jul, 2023
EDITORIAL: Usury criminalised Despite some uncertainty, the House of Representatives unanimously passed the anti-usury ordinance replacement bill on Sunday, raising hopes that the usury victims would find justice as loan-sharking has now been criminalised. Opinion 18 Jul, 2023
Public transport fare reduced by approx 3 percent The Department of Transport Management made this decision after diesel price fell by four rupees per liter and petrol price dropped six rupees per liter lately. Business 17 Jul, 2023
