Russian envoy speaks on the true causes of global inflation Ambassador of Russia to Nepal Aleksei Novikov has said that 'illegitimate sanctions imposed on Russia, mistakes by some leading western economies in the financial and investment spheres,' and attempts to sideline Russian goods from global energy and food markets,' were the main causes behind the global price hike and not the Ukraine conflict. Nepal 11 Feb, 2025
Harris will carry Biden's economic record into the election. She hopes to turn it into an asset Christopher Waller, an influential member of the Fed's governing board, celebrated that progress in remarks last week. World 26 Jul, 2024
Navigating economic uncertainties: The crucial role of banks In the realm of economics, the interplay between credit and growth is a fundamental aspect often scrutinised by policymakers and economists alike. Opinion 25 Jun, 2024
India's mammoth election is more than halfway done as millions begin voting in fourth round Crucial seats in Maharashtra and Bihar states, where the BJP governs in alliances with regional parties, are also up for grabs in this phase. World 13 May, 2024
Top world leaders will speak at UN climate summit. Global warming, fossil fuels will be high in mind International climate talks turned to a power game on Friday as dozens of world leaders including the Saudi crown prince and India's prime minister were to speak, but two of the world's most powerful men — President Joe Biden of the U.S. and China's President Xi Jinping — were glaringly absent. World 01 Dec, 2023
IMF reaches staff-level agreement on third review under ECF Nepali authorities and the International Monetary Fund team have reached staff-level agreement for disbursement of about $51.3 million under the third review of the Extended Credit Facility arrangement. Kathmandu 06 Oct, 2023
EDITORIAL: Economic outlook The World Bank expects Nepal’s economy to rebound to 3.9 per cent in the current fiscal, which is one percentage point lower than its earlier projection, owing to “lagged impact of the lifting of import restrictions, strong rebound in tourism, and gradual loosening of monetary policy”. However, the projection is lower than that of India, Bangladesh and Bhutan. Opinion 05 Oct, 2023
Food prices are rising as countries limit exports. Blame climate change, El Nino and Russia's war How do you cook a meal when a staple ingredient is unaffordable? World 28 Sep, 2023
Russia must stop using food as a weapon: It must return to the BSGI On 17 July, nearly one year after it was signed in Istanbul, Russia decided to not renew the Black Sea Grain Initiative (BSGI) that allows Ukraine to export agricultural goods to global markets. As underlined by the Secretary General of the UN, this initiative has been ‘a beacon of hope in a world that desperately needs it’. Opinion 03 Aug, 2023
EDITORIAL: Rising rice prices On July 20, India, the world’s largest exporter of rice — accounting for 40 per cent of the global rice trade — put a ban on the export of non-Basmati rice, and its impact is already being seen in Nepal as well. Opinion 03 Aug, 2023
Why is rice price skyrocketing in local market? In a sign of lax market monitoring, the price of various types of rice has surged by more than 16 per cent in the domestic market in the recent days in the pretext of Indian government banning export of non-Basmati white rice. Business 02 Aug, 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
