Govt’s budget spending recorded at 1,523 billion, revenue at 1,219 billion in last FY

KATHMANDU:- The government's revenue and expenditure both have appeared weak in the last fiscal year 2024/25. The statistics shared by the Financial Comptroller General Office (FCGO) show the..

Finance Ministry issues 95-point guidelines for budget execution

KATHMANDU:- The Ministry of Finance has issued 95-point guidelines for the implementation of the budget for the current fiscal year 2082/83 (2025-26), circulating them to all relevant ministries,..

Land Revenue offices collect Rs 51.42 billion in revenue

KATHMANDU:- The Land Revenue offices across the country collected Rs 51.42 billion in revenue in the last fiscal year 2081/82 BS. This is the huge amount collected from the land revenue offices that..

Gold price down by 1,300

KATHMANDU:- The price of gold has decreased 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 of..

Nepal to host Power Summit 2025 in September

By Shirish B Pradhan, KATHMANDU:- Nepal will host Power Summit 2025 in September here, said Ganesh Karki, president of Independent Power Producers’ Association of Nepal (IPPAN) on Tuesday. The..

NEA Rangeli distribution centre to install additional transformer

MORANG:- In response to increasing electricity demand driven by extensive use of irrigation motors, the Nepal Electricity Authority (NEA) Rangeli Distribution Centre in Morang is set to install an..

About 59% paddy plantation completed so far across country

KATHMANDU:- About 59 percent of this season’s paddy plantation has been completed across the country, according to the Ministry of Agriculture and Livestock Development. As of July 13, rice..

Monetary policy positive: Nepal Chamber

KATHMANDU:- A business entity has commented that the monetary policy unveiled by Nepal Rastra Bank (NRB) for the fiscal year, 2082/83 was positive, for it would facilitate financial..

Finance Minister insists on growth in power production for economic prosperity

KATHMANDU:- Deputy Prime Minister and Minister for Finance, Bishnu Paudel, has said economic prosperity could be achieved by increasing power generation. During his address to a programme..

Investigations and actions to be made effective to get out of FATF ‘grey list’

KATHMANDU:- Nepal Rastra Bank (NRB) has adopted a policy to effectively monitor, investigate, and take action against suspicious transactions in order to remove Nepal from the 'grey list' of the..

‘Around 260 megawatts electricity disconnected from NTS’

KATHMANDU:- Minister for Energy, Water Resources and Irrigation, Deepak Khadka, has said around 260 megawatt electricity has been disconnected from the national transmission system (NTS) due to..

Budget focused on giving impetus to economy: Finance Minister Poudel

KATHMANDU:- The government has presented its budget (income and expenditure) estimates for the upcoming fiscal year 2025/26 in the parliament. The government was expected to bring the budget with..

NSO estimates 4.8% GDP growth

KATHMANDU:- The gross domestic product (GDP) at basic prices is preliminary estimated to grow by 4.8 per cent in the third quarter of the current fiscal year 2024/25. In the preliminary..

Test production begins at Chimkhola-Rahughat transmission line

MYAGDI:- Test production of a 220-KV Chimkhola-Rahughat transmission line, constructed to connect power produced from hydropower projects at Rahughat basin of Myagdi district to central system, is..

Special Court granted ISO Certificate

KATHMANDU:- The Special Court has been granted the International Organization for Standardization (ISO) certification in recognition to the court’s ability in advancing accountability,..

Business