Govt plans to collect Rs 1600 billion in revenue in upcoming FY

KATHMANDU:- Finance Minister Dr Swarnim Wagle has shared that it is projected that the gross domestic product would reach Rs 7458 billion when the budget for the upcoming fiscal year is..

Budget is not large in size, Finance Minister Dr Wagle says

KATHMANDU:- Minister for Finance Dr Swarnim Wagle has said that the size of the budget for the upcoming fiscal year 2083/84 BS is not ambitious at all. In a press meet organized at his office..

Gold price increases by 20,500 rupees per tola in Nepali market

KATHMANDU:- The price of gold, which has been declining for the past few days, has increased by a whopping Rs 20,500 today. According to the Nepal Gold and Silver Business Federation, gold has..

Private sector welcomes rise in capital expenditures

KATHMANDU:- President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Anjan Shrestha, has expressed his hope that a rise in capital expenditure will help revitalize the..

7% economic growth expected with target to limit inflation at 6%

KATHMANDU:- The government has set a target of securing a seven percent economic growth, limiting inflation at six percent in the upcoming fiscal year. Presenting the budget speech for the fiscal..

Budget for fiscal year 2026/27: policy reforms in taxation

KATHMANDU:- The government has introduced various reform plans and programmes in the revenue sector through the budget speech for the upcoming fiscal year 2083-84 BS (2026-27). Presenting the..

Nepal Government projected economy to grow by 7 per cent

KATHMANDU:- Nepal Government has projected the economy to grow by 7 per cent. While presenting the annual budget for fiscal year of 2026/027 at the joint meeting of the federal parliament- the..

Budget 2026/27: Budget estimates of 2124 billion for the upcoming fiscal year

KATHMANDU:- The government has allocated a budget of Rs 2124 billion 340 million for the upcoming fiscal year 2083/84 (2026/27). Presenting the budget for the upcoming fiscal year during a joint..

Petroleum product imports worth Rs 181 billion

BIRGUNJ:- Six types of petroleum products worth Rs 181.7 billion have been imported through the Birgunj border in the 10 months of the current fiscal year. Compared to the same period of the..

Budget announcement at 4pm on coming Friday

KATHMANDU:- The government is unveiling the budget for the coming fiscal year, 2083/84, in the joint meeting of the House of Representatives (HoR) and the National Assembly at 4:00 pm on..

Consumption of petroleum products decreases by 10 percent

KATHMANDU:- Consumption of petroleum products has been gradually decreasing in the country as consumption of electricity increases. According to the Economic Survey 2082/83, the consumption of..

Nepal’s economy expected to expand by 3.85 percent in the current fiscal year

KATHMANDU:- Nepal Government has presented the Economic Survey for the current fiscal year 2082/083 in the parliament. Presenting the Economic Survey for the fiscal year 2082/83 in the House of..

132-kV underground transmission line to be built in central Kathmandu

KATHMANDU:- The Nepal Electricity Authority (NEA) is set to construct a 132-kV underground transmission line in the central Kathmandu in a bid to ensure smooth and reliable electricity distribution..

Nepal–Norway Bilateral Consultation Mechanism reviews entire gamut of bilateral ties

KATHMANDU:- The second meeting of the Nepal–Norway Bilateral Consultation Mechanism (BCM) has reviewed the entire gamut of Nepal-Norway relations. In the meeting held here on May 25, both..

Gold price decline by 1,300 rupees per tola

KATHMANDU:- The price of stamped gold has decreased by Rs 1,300 per tola in the local market today. Stamped gold, which was traded at Rs 292,800 per tola on Monday, has been set to trade at Rs..