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Govt's capital expenditure at 34%, revenue collection at 65% in 10 months

Of the allocated budget of Rs 352.35 billion under federal government agencies, only Rs 120.37 billion has been spent by the end of Baisakh (mid-May). This represents 34.16 percent of the total allocated budget.
May 15, 2025
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New regulations can clip Nepal’s aviation wings

May 15, 2025

Telecom, Ncell must pay a 15% penalty for late license ...

May 15, 2025

Govt fails to check financial irregularities; arrears e...

May 15, 2025

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ECONOMY

Construction of new Dharahara begins

KATHMANDU, Dec 28: Prime Minister KP Oli on Thursday laid the foundation stone for Dharahara, the iconic tower in Kathmandu that was destroyed in the devastating earthquake of 2015. a.
Dec 28, 2018
ECONOMY, POLITICS

SC issues short-term stay to let Sumargi withdraw USD 7m blo...

KATHMANDU, Dec 28: The Supreme Court (SC) has ordered the government and Nepal Rastra Bank (NRB) not to bar businessman Ajeya Raj Sumargi from withdrawing the USD 7 million that he had brought from foreign banks and has been blocked at the central bank for lack of clear sources for the money.
Dec 28, 2018
ECONOMY

Trade deficit balloons to Rs 569 billion in first five month...

KATHMANDU, Dec 28: Nepal's trade deficit widened by 36.11 percent to Rs 569.49 billion in the first five months of the current fiscal year 2018/19 compared to same period of the last fiscal year 2017/18 as exports growth fail to catch up the rapidly surging imports bill.
Dec 28, 2018
ECONOMY

Nepse ends the week in red

KATHMANDU, Dec 28: Significant strength carried over from Wednesday to initial trading of the last trading day of the week. The benchmark equity index surged sharply in the first trading hour on Thursday to cross 1,230 points mark.
Dec 28, 2018
ECONOMY

Hyundai Winter Delight Offer launched

KATHMANDU, Dec 27: Laxmi Intercontinental Pvt. Ltd., the sole authorized distributor of Hyundai for Nepal has launched Winter Delight Offer in the market.
Dec 27, 2018
ECONOMY

Upper Chaku Khola-A to issue 1476,400 units of shares

SINDHUPALCHOWK, Dec 27: Upper Chaku Khola-A hydropower project with 22. 2 megawatt is all set to issue 25 percent of ordinary shares by the second week of February.
Dec 27, 2018
ECONOMY

Mega Bank to approve 7.85% dividend for its shareholders

KATHMANDU, Dec 27: Mega Bank has proposed to give 7.85% dividend to its shareholders.
Dec 27, 2018
ECONOMY

Paddy production increases nine per cent this year

KATHMANDU, Dec 27: Paddy production has increased around nine per cent this year across the country, but is not enough to meet the overall demand for 6.1 million metric tonnes of paddy.
Dec 27, 2018
ECONOMY

New base rate formula to lower lending rate

KATHMANDU, Dec 27: Nepal Rastra Bank (NRB) has revised the base rate calculation formula for bank and financial institutions (BFIs) that will lower interest rates on loans by at least 0.75 percentage point.
Dec 27, 2018
ECONOMY

Army seeks Rs 680 million as incentive for staff

KATHMANDU, Dec 27: Nepal Army has sought a total of Rs 680 million as incentive payment for staff deployed to build the Kathmandu-Tarai Expressway or fast-track.
Dec 27, 2018