On Monday, President Donald Trump ordered his administration to levy 10% tariffs on about $200bn in Chinese goods on September 24 and to increase the rate in January to 25% if Beijing refuses to offer trade concessions.

KATHMANDU, Sept 19: Minister for Finance Yuba Raj Khatiwada has said that the central government is going to be under ‘double stress’ as the central government has to devolve resources as conditional grants for implementation of some projects but local level governments are not willing to construct them.

RASUWA, Sept 19: Rasuwagadhi Customs Point missed revenue target in the first and second month of Fiscal Year 2018/19 as bad roads took toll on imports and exports via Nepal's only trading point with Tibet Autonomous Region of China.

KATHMANDU, Sept 19: The Nepal Army has now proposed adding two new tunnels and also expanding the previously planned tunnel along the Kathmandu-Tarai Expressway citing fragile geology and the need to manage alignment so as to avoid overlap with the Kanti Rajpath.

MoF says no to supplementary budget

September 19, 2018 06:15 am

KATHMANDU, Sept 19: Ministry for Finance has denied any possibility of bringing supplementary budget for the current fiscal year.

KATHMANDU, Sept 19: Nepal has proposed signing government-to-government (G2G) agreement with Qatar for sending migrant workers to the Gulf state in the coming days.

KATHMANDU, Sept 19: The country will not be importing sugar until the end of the current fiscal year, a move that is sure to drive sugar prices up in the domestic market.

KATHMANDU, Sept 19: Experts have said that the lack of financial resources combined with the lack of capacity for service delivery at the local level units could become one of the biggest challenges for Nepal's federalism.

Nepse posts modest gain on volatile day

September 19, 2018 04:45 am

KATHMANDU, Sept 19: Benchmark Nepal Stock Exchange (Nepse) index witnessed a volatile trading session on Tuesday.

KATHMANDU, Sept 19: Kalimati Fruits and Vegetables Market Development Board has scrapped stall license of 51 more traders.