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Reconstruction will be carried out with austerity: Finance Minister Khanal

KATHMANDU:- Finance Minister Rameshore Prasad Khanal has pledged that reconstruction efforts will be carried out with a strong commitment to austerity.      During a meeting with the heads of..

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MCA-Nepal signs contract for power transmission line construction under MCC

KATHMANDU:- The Millennium Challenge Account Nepal Development Committee (MCA-Nepal) has signed contract for the construction of 117-kilometer transmission line under Power Transmission Project of..

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Chinese ambassador calls on Minister Ghising

KATHMANDU:-  China's ambassador to Nepal, Chen Song, today paid a courtesy call on Minister for Energy, Water Resources and Irrigation, Kulman Ghising, who also takes charge of the Ministry of..

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Gold price hits all-time high, reaches Rs 223, 000 per tola

KATHMANDU:- The price of gold has increased by Rs 1,300 per tola (11.66) in the domestic market today.     According to the Federation of Nepal Gold and Silver Dealers' Association, the price..

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Gold price reaches record high

KATHMANDU:- The price of hold has reached the highest so far in the domestic market today. The yellow metal is being traded at Rs 221 thousand 700 per tola (11.66 grams) today, the Federation of..

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Pressure increasing on international flights via TIA

KATHMANDU:- With the beginning of the Dashain festival, pressure on the country’s air travel has increased. While there is pressure specifically on international flights, it remains normal on..

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US envoy, ADB, IMF Mission heads discuss economic issues with Minister Khanal

KATHMANDU:- Finance Minister Rameshore Prasad Khanal held separate discussions with the US Ambassador to Nepal, the Country Director of the Asian Development Bank (ADB) and the Nepal Mission Chief..

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Apple farmers in Karnali want reliable transportation

SURKHET:- The Himalayan districts in the Karnali Province are known for livestock and apple farming. However, farmers here are unable to secure adequate return from their produces, as they face many..

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Gold price hikes by Rs 1,100 per tola

KATHMANDU:- The price of gold has increased by Rs 1,100 per tola in the domestic market today. A tola is equivalent to 11.66 grams.  The yellow metal is being traded at Rs 217,100 per tola..

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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..

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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..

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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..

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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..

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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..

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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..

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