Local levels told to intensify market monitoring The Ministry of Federal Affairs and General Administration has issued a circular to all the local levels, directing them to intensify market monitoring in a bid to check black-marketing, hoarding, profiteering, adulteration, artificial shortage of daily consumables and other unethical trade practices. Nepal 03 Jul, 2022
Delhi's sugar export curbs likely to hit market The domestic sugar market is likely to be affected with the recent decision of India to impose restrictions on export of sugar. Business 26 May, 2022
Import ban helps to prop up forex reserves As the government has curbed the import of certain non-essential goods, the foreign exchange reserves of Nepal witnessed a slight uptick, increasing by $30 million in the ninth month of the current fiscal. Business 12 May, 2022
Don't panic, no shortage of cooking gas, say LPG bottlers The bottlers of liquefied petroleum gas (LPG) are urging consumers not to resort to panic-buying and hoarding, saying there is no shortage of cooking gas in the country. Business 04 May, 2022
Import ban 'govt's knee-jerk reaction' The government recently decided to ban import of non-essential items listed under 10 categories to narrow the country’s trade deficit and shore up foreign exchange reserves. Nepal 03 May, 2022
Govt restricts import of 10 'non-essential' items The Government of Nepal has decided to restrict import of ten luxury items until end of the fiscal year 2021/22. Business 28 Apr, 2022
Consultation with ministries on budget formulation The Ministry of Finance has consulted with the Ministry of Forest and Environment and Ministry of Physical Infrastructure and Transport as part of its preparation of budget for the upcoming fiscal year. Nepal 26 Apr, 2022
EDITORIAL: No to luxury items The bankers themselves have decided not to issue letters of credit (LCs) for the import of luxury goods eventhough the Ministry of Finance took no initiatives to address the dwindling foreign exchange reserve in the recent months. Opinion 12 Apr, 2022
NICCI calls on MoICS secy to discuss IPR issues A team of Nepal-India Chamber of Commerce and Industry (NICCI) led by its Officiating President Sunil KC paid a courtesy call to Arjun Prasad Pokharel, secretary at Ministry of Industry, Commerce and Supplies (MoICS) today. Business 07 Apr, 2022
No relief for consumers despite end to fuel strike Vehicles owners, who had sighed in relief after the Nepal Oil Corporation (NOC) inked an agreement with the agitating fuel transporters on Saturday night and assured of smooth supply of petroleum products, were in for an unpleasant surprise today. Business 04 Apr, 2022
Govt allocates responsibilities to address mental health issues The federal government has allocated the functions and responsibilities of various ministries and bodies to address the problems of people suffering from mental illness and psychological dysfunction. Nepal 01 Apr, 2022
Do not be swayed by hearsay, urges FinMin Sharma Minister of Finance Janardan Sharma said that the rumours being spread that that economy is in crisis are baseless and urged everyone not to be swayed by such ‘hearsay’. Business 21 Dec, 2021
