header banner

Economy

Latest

ECONOMY

MoPIT budget set to increase by 35 percent

MoPIT.jpg
KATHMANDU, May 9: Budget allocation for Ministry of Physical Infrastructure and Transport will grow by 35 percent to Rs 137 billion for the next fiscal year which starts from mid-July.
May 09, 2019
ECONOMY

Government raising Rs 86 billion in domestic debt in final q...

Government raising Rs 86 billion in domestic debt in final quarter
KATHMANDU, May 9: The government is raising Rs 86 billion in domestic debt in the last quarter of the current fiscal year – FY2018/19, departing from the practice of mobilizing internal loans in multiple phases by publishing calendar typically at the beginning of a fiscal year.
May 09, 2019
ECONOMY

Survey: Budget should give priority to economic growth, sust...

Budget-Briefcase.jpg
KATHMANDU, May 9: People across the country want the upcoming budget to focus on economic growth and sustainability, a survey carried out by parliament’s Finance Committee shows.
May 09, 2019
ECONOMY

NAC flying to Osaka from July 4

NACijapan.jpg
KATHMANDU, May 9: After 12 years of hiatus, Nepal Airlines Corporation (NAC) is resuming its direct flights to Osaka of Japan. The flights of the Nepali national flag carrier will start from July 4.
May 09, 2019
ECONOMY

Stocks unchanged as investors look past corporate earnings

Stocks unchanged as investors look past corporate earnings
KATHMANDU, May 9: The Nepal Stock Exchange (Nepse) index climbed above 1,300 points briefly in the morning session on Wednesday, but gave up all its gains by mid-day.
May 09, 2019
ECONOMY

Project to promote women enterprises for safe drinking water...

project-water.jpg
KATHMANDU, May 9: South Asian Women Development Forum (SAWDF), in partnership with TATA Project Limited, India, and Rastriya Banijya Bank has launched a project named 'Creating Women Run Enterprises for Marketing Safe Drinking Water'.
May 09, 2019
ECONOMY

Tatopani transit point to operate by May 31, says FM Gyawali

Fin-Min.jpg
KATHMANDU, May 8: Minister for Foreign Affairs Pradeep Kumar Gyawali has said that works are being carried out so as to bring the Tatopani transit point in Sindhupalchok back into operation by May 31.
May 08, 2019
ECONOMY

Explainer: How U.S.-China talks differ from any other trade...

Talks%20US-China.jfif
WASHINGTON, May 8: Chinese Vice Premier Liu He goes to Washington for trade talks on Thursday and Friday, setting up a last-ditch bid for progress toward a deal that would avoid a sharp increase in tariffs on Chinese goods ordered by U.S. President Donald Trump.
May 08, 2019
ECONOMY

Govt begins homework to amend Public Procurement Act

FM-Yuba-Raj-Khatiwada.jpg
KATHMANDU, May 8: The government has started homework to amend the Public Procurement Act to accelerate the stalled development projects, Finance Minister Yubaraj Khatiwada said on Wednesday.
May 08, 2019
ECONOMY

Ex-Finance Minister Karki urges govt to focus on poverty all...

gyanendra-bahdur-karki.jpg
KATHMANDU, May 8: Former Finance Minister Gyanendra Bahadur Karki has urged the government to give high priority on poverty reduction and unemployment in the fiscal year budget.
May 08, 2019