header banner

Economy

Latest

ECONOMY, Latest Updates

Liquor factories prepare to re-operate after 6-month shutdow...

Liquor factories prepare to re-operate after 6-month shutdown
BIRATNAGAR, Nov 14: Liquor factories that had remained shut for the last six months 'due to the government's policy' are preparing to restart operation soon, following the government's recent modification of the production rate for the factories producing raw materials for alcoholic drinks (especial...
Nov 14, 2019
ECONOMY, Latest Updates

Japan to help Nepal in agri research

Japannepal_20191114094308.JPG
KATHMANDU, Nov 14: Japan has showed interest to Nepal to conduct research in plant breeding, seed production and gerplasm.
Nov 14, 2019
ECONOMY, Latest Updates

Ram Singh, guardian of Jumla apples

AppleJumla_20191114091924.JPG
JUMLA, Nov 14: Ram Singh Rawal of Jumla's Sinja Rural Municipality is in Kathmandu at the moment, selling and branding the apples produced in the district.
Nov 14, 2019
ECONOMY, Latest Updates

India releases Rs 3.10 billion as part of its post-earthquak...

nepal-india.jpg
KATHMANDU, Nov 13: On behalf of the Indian government, EXIM Bank of India has released Nepali rupees 3.10 billion to Government of Nepal from concessional Line of Credit towards reimbursement of 3rd tranche of housing reconstruction in Nuwakot and Gorkha districts.
Nov 13, 2019
ECONOMY, Latest Updates

Finance Minister instructs NRB to expand banking services to...

yubaraj-khatiwada_20190913185331.jpg
KATHMANDU, Nov 13: Minister for Finance Dr Yubraj Khatiwada has instructed the Nepal Rastra Bank (NRB) to make necessary arrangements to establish banks at all local levels at the earliest.
Nov 13, 2019
ECONOMY, Latest Updates

Tanahun homestays: Packed in season, quiet in off-season

Homestay_20191113101356.JPG
TANAHUN, Nov 13: Kaushila Gurung of Tutepani in Tanahun district remains busy these days. After toiling in the field during daytime to harvest paddy, she needs to be ready to welcome guests in the homestay in evening.
Nov 13, 2019
ECONOMY, Latest Updates

Seized liquors worth Rs 13 million put up for auction

Customsoffice_20191113100809.JPG
KATHMANDU, Nov 13: The Department of Customs has put liquors seized from Tribhuvan International Airport up for auction.
Nov 13, 2019
ECONOMY, Latest Updates

Rs 42 million Siraha dam collapses five months after it was...

DaminSiraha_20191113094053.JPG
SIRAHA, Nov 13: A dam constructed for irrigation purpose in Khuttimadyan River in Dhangadhimai Municipality-12 of Siraha collapsed five months after it was built.
Nov 13, 2019
ECONOMY, Latest Updates

Nepse pulls back giving up Monday's gains

Dailymarket_20191113101805.JPG
KATHMANDU: Stocks traded flat initially but quickly shed value as investors resorted to selling in the afternoon. The Nepal Stock Exchange (Nepse) index fell to 1,140 points by mid-session and traded flat thereafter. Eventually, the benchmark index closed 5.61 points lower at 1,139.96 points on Tues...
Nov 13, 2019
ECONOMY, Latest Updates

'Arrest warrant against Padma Jyoti an inappropriate move'

'Arrest warrant against Padma Jyoti an inappropriate move'
KATHMANDU, Nov 13: Private sector leaders have slammed the decision to arrest industrialist Padma Jyoti, stating that the move would erode the confidence of the business community. The Kathmandu District Court had decided Monday to grant permission to arrest him. Jyoti is the chairman of Jyoti Group...
Nov 13, 2019