Consumers deprived of their rights due to lax market monitoring KATHMANDU, NOVEMBER 4 Due to ineffective market inspections, lack of consumer awareness and increasing number of dishonest traders, violation of consumer rights is continually on the rise in the domestic market. Of the 954 firms that were... 05 Nov, 2020
�Halt issuing licence to networking businesses� KATHMANDU, JULY 31 The Industry, Commerce, Labour and Consumer Welfare Committee of the Parliament today directed the government to halt issuing licences to multi-level marketing businesses, popularly known as networking businesses. The committee... 01 Aug, 2020
Petrol, diesel prices cut by Rs 10/litre Kathmandu, April 1 In a move that is likely to provide some relief to the coronavirus-hit market, the government today decided to slash the price of petrol, diesel and kerosene by Rs 10 per litre each, with effect from tomorrow. Amid criticism... Travel 02 Apr, 2020
Gas pumps remain shut anticipating fuel price revision Kathmandu, March 15 Many gas stations in the capital today remained closed today as the Nepal Oil Corporation (NOC) is preparing to slash fuel price on Monday. As the state-owned fuel supplier is preparing to reduce the price of petroleum... 16 Mar, 2020
Supply of essentials intact, says govt No need to panic buy, consumers urged Hoarders warned Kathmandu, March 5 The assurance by traders and government officials that there is sufficient stock of essential goods has not dissuaded consumers from panic buying. Panic... 06 Mar, 2020
Self-reliance in cement yet to benefit Nepalis Kathmandu, November 7 Though manufacturers claim that Nepal has become self-reliant in cement production from this fiscal, it is yet to benefit consumers as the price of cement still remains the same as in previous years. Even statistics of Nepal... 08 Nov, 2019
NOC too secretive for a public company Kathmandu, August 23 The state-owned Nepal Oil Corporation, which used to publish its fortnightly and monthly profit-loss details when it was going through economic hardship, has not been publicising such information since it started booking huge... Travel 24 Aug, 2019
Weakening rupee likely to affect festive market Kathmandu, August 21 Traders are wringing their hands as the notable depreciation of Nepali currency vis-Ã -vis US dollar in the recent months could affect the festive season. The stronger dollar is likely to make imported goods dearer in the... 22 Aug, 2019
Market monitoring mechanism at local levels sought The government has been talking about forming a consumer code since long, but no initiative has been taken on the front — Madhav Timalsina, president, Consumer Rights Investigation Forum Kathmandu, May 26 Consumer rights activists have urged... Travel 27 May, 2019
Increasing incidents of LPG cylinder explosions raise questions over quality Kathmandu, March 26 The increasing number of instances of liquefied petroleum gas (LPG) cylinders exploding in recent years have raised serious concerns over the quality of available LPG cylinders in the country. There are more than 10 million LPG... 27 Mar, 2019
Mill operators raise sugar price citing rise in cost of sugarcane Kathmandu, January 14 Sugar mills in the country have raised the price of sugar citing the rise in the price of sugarcane. Citing that the government fixed the price of cane for the ongoing fiscal year at a high rate, which is unbearable for... 15 Jan, 2019
Happy �inflated� Dashain! Kathmandu, October 11 The biggest Hindu festival may not provide as much festive cheer this year, as everything is costlier this Dashain compared to previous years. Along with the set cultural norms and values associated with celebrating Dashain... 12 Oct, 2018