Automated pricing system in petroleum products KATHMANDU, JULY 16The government will be implementing the Automatic Pricing System in petroleum products effective from this midnight.Nepal Oil Corporation informed the APS would be enforced for petrol, diesel and LGP cylinder. Secretary at MoICS,... Business 17 Jul, 2023
EDITORIAL:Budhigandaki HEP The government has shown keen interest in expediting the much-talked about 1,200 MW reservoir-based Budhigandaki Hydel Project under the company model by utilising domestic resources after 11 years of dilly-dallying. Opinion 11 Jul, 2023
Country's trade deficit at Rs 1.3tn in 11 months ​​​​​​​The country’s trade deficit stood at a staggering Rs 1.337 trillion in the first 11 months of fiscal year 2022-23, that is, between mid-July and mid-June. Business 23 Jun, 2023
Govt continues ban on strike in supply of essential goods, services ​​​​​​​The government has continued to impose ban on strikes in production, supply and distribution of essential goods and services with effect from June 15. Nepal 21 Jun, 2023
'Food insecurity, undernourishment deepens in South Asia' Food insecurity and undernourishment are deepening in South Asia, including Nepal, according to the Global Food Policy Report-2023 prepared by the International Food Policy Research Institute. Nepal 20 Jun, 2023
'Many decisions have been taken to make Indo-Nepal ties super hit' Indian Prime Minister Narendra Modi has said he has taken many important decisions to make the ‘hit’ friendship between India and Nepal a ‘super hit’. Business 02 Jun, 2023
Two petroleum pipelines to be constructed for smooth supply of petroleum products An agreement has been reached between Nepal and India for the construction of two important pipelines in the ongoing India visit of Prime Minister Pushpa Kamal Dahal. Nepal 01 Jun, 2023
FinMin unveils Economic Survey of FY 2022-23 ​​​​​​​Finance Minister Prakash Sharan Mahat presented the Economic Survey of Fiscal Year 2022-23 and the Annual Situation Review of Public Corporations, 2023 in the separate meetings of the House of Representatives (HoR) and the National Assembly on Sunday. Business 29 May, 2023
Trade deficit at Rs 1.2 trillion in 10 months ​​​​​​​The country’s trade deficit stood at a staggering Rs 1.2 trillion in the first 10 months of fiscal year 2022-23. Business 22 May, 2023
Forex reserves up 12.1pc to $10.69 billion The ‘Current Macroeconomic and Financial Situation of Nepal’ report unveiled by the Nepal Rastra Bank (NRB) on Tuesday reveals improvement in foreign exchange reserves in the first eight months of fiscal year 2022-23 (mid-July, 2022 to mid-March, 2023) with a surge in remittance inflow. Business 12 Apr, 2023
Domestic airlines reduce airfares The operators of domestic airlines have reduced the airfare for all sectors from Wednesday. Business 06 Apr, 2023
NOC reduces price of petroleum products The government has decided to reduce the price of petroleum products from the midnight today. Business 03 Apr, 2023