Dilip Paudel

Due to security concerns, the Nepal Oil Corporation (NOC) plans to relocate the Sudurpaschim Provincial Depot in Dhangadhi. The corporation is preparing to relocate the depot with an investment of about Rs 3.5 billion.

Nepal’s dependence on imported agricultural products has been rising over the past years. Despite the increased reliance on imported agricultural products in households due to insufficient domestic production, the government has distributed a heavy subsidy of Rs 107.66 billion to farmers over...

The government, often criticized for not fostering an investment-friendly environment, has introduced significant legal reforms to ease the process for investors. Through three key ordinances, including ordinance to amend some Nepal Acts, the government has made it simpler for domestic and non-resid...

Weak road infrastructure and the arrival of foreign tourists have increased the number of air passengers in Nepal. The Civil Aviation Authority of Nepal (CAAN) has reported a rise in the number of people traveling by air, both domestically and internationally, in 2024.

The agreement was signed between the National Transmission Grid Company Limited, Hydroelectricity Investment and Development Company (HIDCL) and six private sector promoter companies at the Ministry of Energy, Water Resources and Irrigation.

Nepali-made carpets have gained popularity not only in the domestic market but also internationally. These textile floor coverings are now being exported to around 50 countries worldwide.

The Nepal Electricity Authority, which has been cutting the electricity supply lines time and again stating that 34 industries have yet to pay Rs 6.40 billion of arrears, made the correspondence with the regulatory body to halt the accounts, and share buying and selling of IPOs of those industries.

NOC has secured a 50-ropani plot near Guheshwori, close to the Nepal Army Golf Course, provided by CAAN for the new depot.To begin preparations, NOC signed a memorandum of understanding on Wednesday with the Tribhuvan University Institute of Engineering in Pulchowk to draft a DPR.

Number of blacklisted borrowers rose by 37 times in the last five years KATHMANDU, Nov 18: Industrialists and entrepreneurs are increasingly falling into the black list due to the deterioration of the business environment. According to the Nepal Rastra Bank (NRB), 94,000 borrowers have been blackli...

KATHMANDU, Nov 17: Nepal only imports coffee worth around Rs 420 million annually despite significant potential for domestic coffee production. This statistic highlights the compulsion of Nepali consumers to use foreign-produced coffee, even though there are opportunities to produce organic coffee i...