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ECONOMY

US dollar hits record high of Rs 141: What’s driving the sur...

The surge in the US dollar is a double-edged sword for Nepal. While remittances and exports could benefit, the rising cost of imports and inflation could put significant pressure on local households. As Nepal navigates these challenges, the government will need to carefully manage its fiscal policie...
20 hours ago
ECONOMY

Nepal and France launch HydroNepal Project to boost hydropow...

The HydroNepal project aims to digitally transform the country’s river basins, enhancing the management and utilization of its vast hydropower resources while improving preparedness for hydrological risks. 
1 day ago
ECONOMY

Women entrepreneurs meet PM Oli, stress need for financial a...

A delegation of office-bearers and executive committee members of the Federation of Women Entrepreneurs Association of Nepal (FWEAN), led by President Shobha Gyawali, drew PM Oli's attention to encouraging industries in which women are involved and to continuing the concessions being given to entrep...
1 day ago
ECONOMY

Rastriya Banijya Bank to invest Rs 670 million in Super Mach...

Rastriya Banijya Bank Limited has decided to invest in the Super Machha Khola Hydropower Project. 
1 day ago
ECONOMY

Only 25.70% of budget spent on National Pride Projects

The National Pride Projects in Nepal, intended to enhance public services and stimulate economic growth, have shown disappointing progress. Even with government funding and resources, these projects haven’t met expectations.
2 days ago
ECONOMY

Remittance inflow reaches Rs 763 billion in six months

Nepal received Rs 763.08 billion in remittances during the first six months of the current fiscal year. The Ministry of Finance reported a 4.1 percent increase in remittance inflow (in Nepali currency) in its mid-term budget review report.
2 days ago
ECONOMY

Govt identifies 10 reasons behind shortfall in public expend...

The government has identified ten reasons contributing to the lower-than-expected public expenditure. Thursday’s mid-year budget review from the Ministry of Finance noted problems with budget allocation, specifically that insufficient vetting occurred before funding was allocated.
2 days ago
ECONOMY

Govt slashes budget size by Rs 168 billion; revenue target b...

The government has downsized the budget for the current fiscal year to Rs 1.692 trillion, which is 90.99 percent of the initial estimate. The government slashed the budget citing the slow capital expenditure, inadequate revenue collection and low realization of foreign loans.  
2 days ago
ECONOMY

Shortage of skilled workers threatens Bhojpure Khukuri indus...

The khukuri industry is facing existential challenges in recent times owing to lack of artisans and raw materials.
2 days ago
ECONOMY

Guardian Micro Life's IPO debuts on NEPSE at Rs 301.02

The company's shares recorded an initial trading price jump from Rs 100.34 to Rs 301.02. Trading of the shares in the secondary market will commence from Sunday.
2 days ago