Bagmati province likely to contribute highest to national GDP in current fiscal Bagmati Province that also incorporates the federal capital of the country is estimated to have above one-third contribution to the gross domestic product (GDP) at the national level in the current fiscal year. Business 05 May, 2022
FY 2020/21 budget needs reform The finance minister recently presented the budget for FY 2020/21 in the Parliament at a time when COVID-19 is creating panic and uncertainty in Nepal. The economy has been almost paralysed with an estimated Gross Domestic Products (GDP) loss of more... 15 Jun, 2020
EDITORIAL: Exporting labour No country can achieve prosperity and happiness by exporting the youth — the engine of growth Nepal is on top of receiving remittances in South Asia in terms of the Gross Domestic Products (GDP). The country’s economy sustains largely because of... 16 Aug, 2018
EDITORIAL: Food for all Making law ensuring right to food is not enough. The three tiers of government should first come up with a land use policy Nepal used to export foodstuff during the 1960s. The country is now importing food grains worth over Rs 127 billion... 06 Feb, 2018
TOPICS: Building Nepal If Nepal is to meet its goal of graduating from a least developed country status, it will have to find new sources of growth to pull itself out of a protracted economic crisis. The government claimed that the devastating earthquakes, low... 22 Aug, 2016
National food security under cloud KATHMANDU: Even as farmers across the country were expecting a hearty rainfall, monsoon clouds cast a shadow of despair this year around. In their desperation, farmers in several parts of the country even organised religious rituals to appease the rain... Horoscopes 20 Jul, 2009
A million arrivals : Rosy days ahead for the tourism sector Kathmandu, January 21:Nepal enjoyed a healthy 27.1 per cent growth in tourist arrivals by air in 2007 with the arrival number reaching 3,60,350. As per Nepal Tourism Board (NTB), the total number of tourists visiting Nepal crossed the half million mark... Travel 21 Jan, 2008
Rs 12b remittance comes from India Kathmandu, August 8:Nepal received an average of Rs 12 billion in remittance annually from India over the past six years, although a mere one per cent of the amount was remitted through official channels. The remittance inflow from Indian has... 09 Aug, 2007
Capital investment urged Kathmandu, June 5:The business community today asked the government to formulate a dynamic and inclusive industrial policy that can attract capital investment worth a minimum of Rs 50 billion in the next five years. They also stated that slow progress... 05 Jun, 2007
Remittance shares 16.8pc of GDP Kathmandu, May 9: With a continuous rise in the inflow of remittances, money earned by Nepalis working overseas has become a vibrant contributor to the gross domestic products (GDP) of the country. It has surpassed exports as the top contributor to... 09 May, 2007
New fillip to insurance policy Shashi DhungelKathmandu, April 18:In an attempt to make the insurance sector competitive and vibrant, the government is all set to introduce major amendments to the existing insurance policy by next month. The new policy is expected to help the... 18 Apr, 2005
National economy at turning point Himalayan News Service Kathmandu, January 2: Senior economist and bankers have noted that economy has reached a turning point, thanks to a whopping rise in inflation and decline in income. “If one analyses the data, national economy has reached at... 01 Mar, 2005
