5.1 percent GDP growth rate in second quarter The country's economic growth rate has been estimated to stand at 5.1 percent in the second quarter of the current fiscal year 2081/82 BS (2024/25 AD). Business 27 Mar, 2025
Economic growth rate contracts to 3.4 per cent in Q1: National Statistics Office The Gross Domestic Product (GDP) growth rate has contracted to 3.4 per cent in the first quarter of the current fiscal year 2024/25, the National Statistics Office (NSO) said. Nepal 08 Jan, 2025
NEA: Power cuts to industrial zone will continue until Upper Tamakoshi resumes operation Repair and maintenance of the Upper Tamakoshi Project are underway, with power generation expected to resume by December 25. Business 17 Dec, 2024
ADB highlights Nepal's electrification success and sustainable energy development Nepal has achieved a remarkable transformation in electrification, moving from just 2% access to electricity fifty years ago to over 95% of households connected today. Nepal 12 Dec, 2024
Industries assured uninterrupted operations: PM Oli PM Oli affirmed that no actions will be permitted that could lead to the shutdown of industries in the country. Business 11 Nov, 2024
Nepal's LDC Graduation: Implication, Opportunities, and Pathways According to United Nation (UN), Least Developed Countries (LDCs) are defined as nations with the lowest socioeconomic development levels, characterized by low income, weak human assets, and high economic and environmental vulnerability. Nepal 01 Oct, 2024
WB projects inflation to remain at 6.7 percent in 2024 The consumer price inflation in Nepal is expected to remain high at 6.7 percent in Fiscal Year 2024, close to the central bank's 6.5 percent ceiling, due to VAT exemptions removal, India's food export restrictions, and increased paddy minimum support prices. Nepal 03 Apr, 2024
Change is needed in the country, says UML Chair Oli CPN (UML) Chair KP Sharma Oli has said change is needed in the country for its development and prosperity. Kathmandu 04 Mar, 2024
NICCI seeks revival of contract manufacturing provisions A delegation from the Nepal-India Chamber of Commerce and Industry (NICCI) met with Minister for Industry, Commerce and Supplies, Ramesh Rizal, at the ministry on Thursday to deliberate on the pressing issues related to contract manufacturing and the current restrictive amendments under the Foreign Investment and Technology Transfer Act (FITTA) 2019 and Industrial Enterprise Act 2020. Business 20 Oct, 2023
EDITORIAL: A Manang Air helicopter crashed in the Everest region on Saturday — the company’s second accident in three months — raising questions about air safety in the country once again. Opinion 16 Oct, 2023
MoUs signed to explore new labour destination The government has recently signed two memoranda of understandings with two European Union Countries — Germany and Romania — with the objective of finding new job markets for Nepali migrant workers where they could get real price for their service and social security protection. Nepal 15 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