Economy
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1,200 MW Budhigandaki Project: Investment model worth nearly Rs 400 billion approved
The project is estimated to cost nearly Rs 400 billion. Its base cost stands at USD 2.77 billion, around Rs 374 billion. Under the approved plan, 70 percent of the funding will come from loans and 30 percent from equity. Of the equity portion, the government will hold an 80 percent stake, while the Nepal Electricity Authority will own the remaining 20 percent.
Jan 18, 2026
Forex update: USD selling at Rs 145.69
Forex update: USD selling at Rs 145.69
Jan 18, 2026
NEA’s power trade monopoly ends as private hydro firm...
NEA’s power trade monopoly ends as private hydro firm...
Jan 18, 2026
Nepal receives over Rs 39 billion in investment commitm...
Nepal receives over Rs 39 billion in investment commitm...
Jan 17, 2026Most read this week
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Uganda opposition leader cut off from communications after polls
Gold price surges Rs 9,400 as silver escalates Rs 865 per tola in a week
3Workers receive over Rs 18.34 billion in payouts from SSF since 2019
4Air pollution surges in Nepal amid midwinter chill
5574 senior citizens receive free eye treatment in Parbat
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ECONOMY
What ails Kathmandu Valley’s waste management project?
What ails Kathmandu Valley’s waste management project?
KATHMANDU, Jan 24: A government-run project to manage waste from the Kathmandu Valley has failed to make headway for months. At the heart of the stalemate is the issue of managing 988 staffers of Kathmandu Metropolitan City working on waste management.
Jan 24, 2019
ECONOMY
Construction of Birgunj bus terminal drags on
Construction of Birgunj bus terminal drags on
BIRGUNJ, Jan 24: Construction work on a bus terminal in Birgunj is still not complete 45 months after the project started.
Jan 24, 2019
ECONOMY
Second PTE academic center launched in Kathmandu
Second PTE academic center launched in Kathmandu
KATHMANDU, Jan 24: Pearson, an international learning company, announced on Wednesday the launch of a new academic test center (PTE Academic) in Kathmandu.
Jan 24, 2019
ECONOMY
Nepse closes higher for second straight day
Nepse closes higher for second straight day
KATHMANDU, Jan 24: The benchmark Nepal Stock Exchange (Nepse) index moved slightly to the upside on midday and continued to maintain positive bias throughout the session. At the end, the index posted a modest gain of 4.15 points to close the day at 1,172.98 points.
Jan 24, 2019
ECONOMY
IRD probes Tootle tax evasion
IRD probes Tootle tax evasion
KATHMANDU, Jan 24: The Inland Revenue Department has started investigation into the alleged Value Added Tax (VAT) fraud by ride-sharing service provider Tootle.
Jan 24, 2019
ECONOMY, POLITICS
Govt scraps Huawei contract awarded without bidding as CIAA starts probe
Govt scraps Huawei contract awarded without bidding as CIAA...
KATHMANDU, Jan 24: The government has cancelled a controversial contract awarded to Chinese electronics manufacturer Huawei to develop a Digital Action Room at the Prime Minister’s Office (PMO) after the anti-graft body CIAA launched a probe.
Jan 24, 2019
ECONOMY
NEPSE index posts general rise
NEPSE index posts general rise
KATHMANDU, Jan 23: The domestic share market recorded a general improvement today as the Nepal Stock Exchange (NEPSE) index rose by 4.15 points to close at 172.98 points.
Jan 23, 2019
ECONOMY
Local units struggling to spend budget
Local units struggling to spend budget
PANCHTHAR, Jan 23: Budget implementation in the first six months of the current fiscal year in Panchthar is found to be very disappointing.
Jan 23, 2019
ECONOMY, SOCIETY
Two million tourists by 2020 possible: Tourism Minister Adhikari
Two million tourists by 2020 possible: Tourism Minister Adhi...
BHADRAPUR, Jhapa, Jan 23: Minister for Culture, Tourism and Civil Aviation Rabindra Prasad Adhikari today said the government was at work to bring in over two million tourists by 2020.
Jan 23, 2019
ECONOMY
Upper Tamakoshi to complete by 2019-end
Upper Tamakoshi to complete by 2019-end
KATHMANDU, Jan 23: Works of Upper Tamakoshi Hydropower Project (456 MW) will be complete by the end of 2019 if the project maintains the current pace of works for the remainder of the year, project officials say.
Jan 23, 2019