Badly-needed economic reforms: Some suggestions The CPN UML-led government, with support from the largest party, the Nepali Congress, was formed in August with three main objectives: amendment of the constitution for political stability, strengthening governance and reforming the economy. Regarding constitution amendment, no effort has been made so far. Opinion 30 Nov, 2024
NEA cuts off power to two more industries The Nepal Electricity Authority (NEA) has cut off power supply to two more industries, citing their failure to clear tariffs for dedicated and trunk lines. Business 24 Dec, 2023
Govt asked to make market monitoring effective during festive season During a meeting held on Friday, the Committee also instructed the Ministry of Industry, Commerce, and Supply to carry out thorough market monitoring and subsequently submit a comprehensive monitoring report. Business 29 Sep, 2023
CAAN lifts suspension of few helicopter firms The Civil Aviation Authority of Nepal (CAAN) has lifted the suspension on certain airline companies that have cleared outstanding dues. Business 14 Aug, 2023
EDITORIAL: Usury criminalised Despite some uncertainty, the House of Representatives unanimously passed the anti-usury ordinance replacement bill on Sunday, raising hopes that the usury victims would find justice as loan-sharking has now been criminalised. Opinion 18 Jul, 2023
NOC hikes fuel prices The Nepal Oil Corporation has raised prices of petroleum products with effect from today. Nepal 08 Feb, 2023
NOC's decision to maintain fuel prices draws ire Consumer rights activists and other stakeholders have slammed the decision of the Nepal Oil Corporation to maintain fuel prices in the domestic market citing huge outstanding dues to the government and the Indian Oil Corporation, despite making a gross profit and oil prices falling to their lowest level this year. Business 09 Dec, 2022
Outstanding dues prompt NOC to maintain fuel prices Citing huge outstanding dues to the government and Indian Oil Corporation (IOC), the Nepal Oil Corporation (NOC) has decided to maintain the fuel prices despite making a gross profit. Business 04 Nov, 2022
EDITORIAL: Maintain transparency The government had decided to adopt an automatic pricing system for petrol, diesel, kerosene and aviation fuel in October 2014. Opinion 21 Oct, 2022
Debt burden, losses force NOC to keep fuel prices high The Nepal Oil Corporation (NOC) has decided not to lower the prices in the domestic market citing huge losses and outstanding dues to the Indian Oil Corporation (IOC). Business 20 Oct, 2022
EDITORIAL - Heed NOC's advice The state-owned Nepal Oil Corporation (NOC) has no option other than to hike the prices of petroleum products to make up for its loss, running to the tune of billions of rupees every month. Opinion 06 Jul, 2022
EDITORIAL - Start afresh The Supreme Court has issued a mandamus order to the government to build an international airport by causing minimum damage to the environment. Opinion 01 Jul, 2022