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Dilip Paudel

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DIASPORA

Nepali immigrants among Donald Trump’s vote bank

New York (USA), Nov 7: The people of the world's most powerful country, the United States of America, have once again approved Donald Trump in the presidential election. After defeating Democratic Party candidate Kamala Harris, Republican Party candidate Trump secured his second term in the White Ho...
Nov 07, 2024
ECONOMY

India to provide Rs 15 billion grant for petroleum pipeline...

KATHMANDU, Oct 4: India has decided to grant approximately Rs 15 billion for the construction of a petroleum pipeline and fuel storage facility in Nepal. Nepal Oil Corporation (NOC) and Indian Oil Corporation (IOC) on Thursday reached an agreement in New Delhi for the construction of the pipeline an...
Oct 04, 2024
ECONOMY

NOC snubs repeated reminder from CAAN to relocate its aviati...

KATHMANDU, Sept 6: Nepal Oil Corporation (NOC) is under growing pressure to relocate its aviation fuel depot at Tribhuvan International Airport (TIA), Sinamangal, as it is situated in a high-risk zone.
Sep 07, 2024
ECONOMY

NAC grapples with mounting debt of Rs 51.26 billion

KATHMANDU, Sept 3: Nepal Airlines Corporation (NAC), the state-owned airline, is grappling with a mounting debt of Rs 51.26 billion due to its inability to expand its business. While private sector airlines are operating at a profit, the NAC's debt burden has reached Rs 51.26 billion.
Sep 03, 2024
ECONOMY

China interested in helping Nepal build chemical fertilizer...

KATHMANDU, Aug 11: China has shown interest in investing in a chemical fertilizer factory in Nepal. Despite discussions over nearly four decades, the project has not yet come to fruition. However, Chinese Ambassador to Nepal, Chen Song, has stated that the Chinese government is ready to help Nepal b...
Aug 11, 2024
ECONOMY, Republica Watch

Social security allowance burden soars 11-fold over a decade

KATHMANDU, Aug 5: Despite no significant increase in government revenue, social security allowances have surged nearly 11-fold over the past decade.
Aug 06, 2024
ECONOMY, Republica Watch

Nepal's public debt doubles in just five years

KATHMANDU, July 31: As the government has failed to make up for its exorbitant spending by the slow revenue collection, the country is facing an ever increasing burden of public debt in recent years.
Jul 31, 2024
ECONOMY

NOC to build 3.6 million liter aviation fuel tank at PRIA

KATHMANDU, July 28: Nepal Oil Corporation (NOC) is constructing a 3.6 million liter (3600 kiloliter) aviation fuel storage tank at Pokhara Regional International Airport (PRIA).
Jul 28, 2024
ECONOMY

Govt fails to spend 43 percent of development budget as FY 2...

KATHMANDU, July 11: While the budget for the country’s development falls short, the government has failed to spend even the allocated funds, with one week remaining in the current  fiscal year.
Jul 11, 2024
ECONOMY

NC stands against accepting BRI loans

KATHMANDU, July 2: While the burden of public debt is rising, the main opposition party, the Nepali Congress (NC), has said that loans will not be accepted for projects under the international program of China's Belt and Road Initiative (BRI).
Jul 02, 2024