DILIP PAUDEL

NRB tightens rules to curb foreign currency outflow

The overall growth is expected to be supported by a steady recovery in agriculture, construction, tourism, and financial sectors.

Even drivers who passed their trials nearly four years ago are still waiting.

Calls to reduce tax burden to provide relief to consumers Currently, NOC said it is selling petrol at a loss of Rs 47.12 per liter, diesel at Rs 133.45 per liter, and LPG gas at Rs 416.37 per cylinder. The corporation has also increased aviation fuel prices but has kept cooking gas prices unchanged...

According to data released on Friday by the National Statistics Office Nepal, about 117.1 million broiler chickens are raised annually in the country. Out of more than 127.6 million chickens reared each year, the majority are broilers. The data shows that sales of over 100 million broilers generate...

Economic activities increased as a large amount of money flowed into the market—from mobilizing government employees and security agencies to candidates’ campaign spending. According to National Planning Commission (NPC) Vice-Chair Dr Prakash Kumar Shrestha, the election has increased ca...

By November of the current Fiscal Year (FY) 2025/26, tea and coffee exports totaled Rs 4.03 billion. Tea alone accounted for around Rs 2 billion. Producers say the suspension of the cash incentive program previously provided to promote tea exports has created uncertainty and financial pressure on fa...

The growing trend of youth migration for foreign employment, increasing fallow land and the lack of modernization and commercialization in agriculture have all contributed to stagnant domestic production. As local output fails to meet demand, Nepali consumers are increasingly reliant on imported agr...

CAAN was required to pay an annual installment of 106.56 million Chinese yuan (approximately Rs 2.17 billion at the current exchange rate) in two installments through the Ministry of Finance. However, it has been unable to even pay the interest. 

According to the Department of Industry (DoI), a total foreign investment commitment of Rs 38.59 billion was recorded in the first five months of the current fiscal year. In the month of Mangsir (mid-November to mid-December) alone, foreign investment commitments worth around Rs 1.91 billion were re...