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
'Addressing infrastructure gaps, employment and maintaining policy certainty crucial for continued growth' Since arriving in Nepal back in July, David Sislen has been overseeing the World Bank’s Office in Nepal as the bank’s country director for Nepal, Maldives and Sri Lanka. Business 05 Feb, 2025
Rs 47.71 billion paid for abroad study in five months A huge amount of cash was transferred for education from Nepal in the first five months of current fiscal year. Business 17 Jan, 2025
Country receives Rs 640.43 billion in remittances in five months The consumer price inflation has stood at 6.05 percent in mid-December 2024 compared to 4.95 percent a year ago, according to the central bank. Business 10 Jan, 2025
Global growth to remain subdued amid lingering uncertainty, warns UN report Global economic growth is projected to remain at 2.8 per cent in 2025, unchanged from 2024, according to the United Nations flagship report, World Economic Situation and Prospects (WESP) 2025, released on Thursday. Nepal 10 Jan, 2025
Canada's Liberal Party in search of a new leader while dealing with Trump threats, pending election Trudeau announced his resignation after facing an increasing loss of support both within his party and in the country. World 08 Jan, 2025
Country receives more than Rs 407 billion in remittances in three months The country received Rs 407.31 billion in remittances in the first three months of the current fiscal year, the central bank said today. Business 19 Nov, 2024
How inflation is measured: The rebasing of the Consumer Price Index The Nepal Rastra Bank (NRB) recently updated the National Consumer Price Index (CPI) used to calculate headline inflation in Nepal. Opinion 23 Oct, 2024
Nepal receives Rs263 Billion in remittances in second month of fiscal year The country received over NPR 263 billion in remittances during the second month of the current fiscal year, Business 15 Oct, 2024
Nobel economics prize is awarded for research into how poor institutions affect countries' success Nobel honors were announced last week in medicine, physics, chemistry, literature and peace. Lifestyle 14 Oct, 2024
Nepal's economy expected to maintain growth momentum: World Bank Nepal's economic growth is projected to accelerate to 5.1 percent in FY 25 from 3.9 percent in FY 24, driven by anticipated high tourist arrivals, along with increased hydropower and paddy production, according to the World Bank’s latest economic update, Nepal Development Update: International Migration and Well-being in Nepal, released today. Kathmandu 02 Oct, 2024
NRB launches service for exchanging clean notes from today The Nepal Rastra Bank (NRB) has launched the service for exchanging clean notes for the public today, targeting the Dashain festival. Business 29 Sep, 2024
