Private sector estimates loss of Rs 100 billion during Gen-Z protests

KATHMANDU:- The business leaders from the private sector have vowed revival, while expressing sorrow over the loss in the industrial and commercial enterprises during the Gen-Z protest taken place..

Nepal secures FDI commitments for Rs 33.09 billion for 236 projects in current fiscal

KATHMANDU:- Nepal has secured foreign direct investment (FDI) commitments worth Rs 33.092 billion for 236 projects in the current fiscal year up to mid-September. According to the..

107 MW from Rahughat River connected to national grid

MYAGDI:- A total of 107.3 megawatts of electricity generated from three hydropower projects along the Rahughat River and its tributaries in Myagdi district has been successfully connected to the..

Investment-friendly atmosphere key to economic revival: Governor Poudel

KATHMANDU:- Governor of the Nepal Rastra Bank, Dr Biswonath Poudel, has stressed the urgency of political stability, investment-friendly environment and morale boost of the private sector to revive..

Finance Minister shares austerity measures, redundant projects cuts to secure election funding

KATHMANDU:- Former finance secretary, Rameshwar Prasad Khanal, picked by Prime Minister Sushila Karki as her Cabinet member, to sustain the economy in the face of present adversity has explained the..

Government’s budget expenditure stands at 9 percent in two months of current FY

KATHMANDU:- The government's budget expenditure stands at 9.17 percent as of mid-September of the current fiscal year 2082/83 (2025-26). During the first two months of the current fiscal..

Finance Minister Khanal discusses private sector safety, investment

KATHMANDU:- Finance Minister Rameshwor Prasad Khanal held a discussion with representatives of business entities on how the present economic crisis could be tackled with safety to private sector and..

Gold price hits record high

KATHMANDU:- The price of gold has reached record high today. The price of the yellow metal which was Rs 215 thousand 200 per tola (11.66 grams) on Monday increased by Rs 1,900 per tola today to..

Remittance inflow crosses Rs 177 billion in first month of current fiscal year

KATHMANDU:- The Nepali migrant workers sent Rs 177.41 billion in remittance in the first month of the current fiscal year, according to the central bank. “Remittance inflows increased 29.9..

New Finance Minister moots project cuts to secure fund for election

KATHMANDU:- Newly appointed Finance Minister Rameshwor Prasad Khanal has said that it would be possible to secure resources equivalent to Rs 100 billion if those projects approved under political..

Authority directs to resume insurance-related in person

KATHMANDU:- The Nepal Insurance Authority has directed all insurance companies to resume office operations as usual from today. The Authority has called for regular office operations as the adverse..

Service Delivery at Finance Ministry affected following Gen Z demonstrations

KATHMANDU:- The Ministry of Finance has reported significant disruptions to its service delivery system following incidents of vandalism and arson during the recent Gen Z demonstrations. ..

Tourists visiting Manang on constant rise

By Yadu Prasad Bhatta, MANANG:- The number of tourists visiting Manang has started to gradually increase over the past few weeks, signaling a positive shift as the monsoon season comes to a..

61 local governments yet to unveil budget for current FY

KATHMANDU:- Some 61 local governments have yet to unveil their budgets for the current fiscal year. As per the rule, the local level governments are obliged to introduce their budgets within..

Mustang goats for Dashain to undergo mandatory health checks

By Hari Krishna Sharma,MUSTANG:- Authorities in Mustang have announced that sheep and mountain goats (chyangra) destined for markets during the upcoming Dashain festival will not be allowed to leave..

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