Nepal exporting 40MW electricity to Bangladesh today Nepal is exporting 40 megawatts of electricity to Bangladesh, today. Business 15 Nov, 2024
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
World Bank projects Nepal's economic growth at 3.9 per cent in FY24 Due to the delayed effects of lifted import restrictions, a robust recovery in tourism, and the gradual easing of monetary policies, the World Bank projects Nepal's economy to rebound, reaching 3.9 percent growth in fiscal year 2024. Business 03 Oct, 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
India's wheat export ban weighs on Nepali industries Flour traders have expressed concerns over their stocks running out before the end of the year as India continues to halt wheat exports to Nepal. Business 25 Nov, 2022
Computer chip ban signals new era as Biden and Xi meet The Biden administration's move to block exports of advanced computer chips to China is signaling a new phase in relations between the globe's two largest economies — one in which trade matters less than an increasingly heated competition to be the world’s leading technological and military power. World 12 Nov, 2022
India's rice export ban stokes food inflation worries in Nepal Rice traders and stakeholders have expressed concerns about food price inflation after the Indian government banned the export of broken rice and imposed a 20 per cent duty on export of several types of rice in a bid to secure its domestic supply as below-average monsoon curtailed planting. Business 12 Sep, 2022
Fair price shops to offer bitter surprise Consumers who visit the government’s fair price shops that are being brought into operation from September 17 will be in for a bit of a bitter surprise this year. The outlets will not be selling sugar. Kathmandu 08 Sep, 2022
Country's trade deficit narrows by 10.38pc The government’s decision to give continuity to the ban on import of non-essential items listed under 10 categories limited the country’s trade deficit to Rs 116.476 billion in the first month (mid-July to mid-August) of the current fiscal year 2022-23. Business 24 Aug, 2022
Export ban not applicable for Nepal, says Indian Ambassador Srivastava The newly-appointed Indian Ambassador to Nepal Naveen Srivastava has clarified that the export ban imposed by the Indian government on some commodities, including wheat and sugar, is not applicable for Nepal. Business 14 Jul, 2022
Inflation sparks global wave of protests for higher pay, aid Rising food costs. Soaring fuel bills. Wages that are not keeping pace. Inflation is plundering people's wallets, sparking a wave of protests and workers' strikes around the world. World 25 Jun, 2022
