ECONOMY
Nepal’s recurrent expenditure exceeds Rs 1.225 trillion
Nepal’s recurrent expenditure exceeds Rs 1.225 trillion
KATHMANDU, May 29: At the joint session of the federal parliament on Monday, Finance Minister Prakash Sharan Mahat announced that Nepal’s recurrent expenditure has surpassed Rs 1.225 trillion. Additionally, revenue collection is anticipated to decline by six percent in FY 2023/24.
May 29, 2023
POLITICS
Cabinet passes budget for FY 2023/24
Cabinet passes budget for FY 2023/24
KATHMANDU, May 29: The budget for the next fiscal year 2023/24 has been passed by the Cabinet meeting held on Monday. The Prime Minister and the Council of Ministers approved the budget.
May 29, 2023
ECONOMY
NEA becomes most profitable public enterprise surpassing Nepal Telecom
NEA becomes most profitable public enterprise surpassing Nep...
KATHMANDU, May 29: Nepal Electricity Authority (NEA) has earned more profit than Nepal Telecom. In the Fiscal Year (FY) 2022/23, the state-owned power utility earned Rs 13.37 billion net profit, while the profit of Nepal Telecom has been limited to Rs 8.47 billion.
May 29, 2023
POLITICS
Annual development program and three-year medium-term expenditure framework approved
Annual development program and three-year medium-term expend...
KATHMANDU, May 29: The full meeting of the National Planning Commission (NPC) has passed the annual program and medium-term expenditure framework to be submitted to the parliament along with the budget.
May 29, 2023
SPORTS
Nepal loses to Malaysia by 5 wickets in T20 Women’s Series
Nepal loses to Malaysia by 5 wickets in T20 Women’s Series
KATHMANDU, May 29: Malaysia beat Nepal by five wickets in the first match of the five-match under T20 Women’s series at the YSD-UKM Oval in Malaysia on Monday.
May 29, 2023
POLITICS
RSP lawmaker Kansakar to take oath of office and secrecy today
RSP lawmaker Kansakar to take oath of office and secrecy tod...
KATHMANDU, May 29: Bindabasini Kansakar, who was elected as an Member of Parliament under the Proportional Representation (PR) electoral system of Rastriya Swatantra Party (RSP), is taking oath of office and secrecy today.
May 29, 2023
SOCIETY
International Mount Everest Day: Former President insists on protecting mountains
International Mount Everest Day: Former President insists on...
KATHMANDU, May 29: Former President Bidya Devi Bhandari has drawn attention of the entire bodies concerned to ensure necessary provisions for the safety of climbers and for maintaining purity and cleanliness of the mountains.
May 29, 2023
ECONOMY
95 percent of Nepali population has now access to electricity
95 percent of Nepali population has now access to electricit...
KATHMANDU, May 29: In the period up to the end of February of the current Fiscal Year, about 95 percent of the population has access to electricity.
May 29, 2023
ECONOMY
Foreign currency earnings from tourists increased by 190 percent in the past one year
Foreign currency earnings from tourists increased by 190 per...
KATHMANDU, May 29: The tourism sector, which has shrunk due to Covid-19 pandemic, is gradually improving. With the increase in foreign tourist arrivals, the foreign currency earnings from tourists has also increased significantly.
May 29, 2023
POLITICS
President Paudel attends republic day celebration
President Paudel attends republic day celebration
KATHMANDU, May 29: President Ram Chandra Paudel attended a special ceremony held at the Nepal Army Pavilion, Tundikhel on the occasion of the 16th Republic Day today.
May 29, 2023