Market
Huawei Nepal hosts Mini MWC 2026 in Kathmandu, highlights AI-driven telecom future
Huawei Nepal hosts Mini MWC 2026 in Kathmandu, highlights AI...
The event, held at Huawei Tower in Hattisar, follows key announcements made at the global MWC 2026 in Barcelona and focused on accelerating the commercialization of artificial intelligence (AI) and next-generation network technologies in Nepal.
2 days ago
ECONOMY
Nepal to sell additional Nepal Telecom shares, retain 66 percent ownership
Nepal to sell additional Nepal Telecom shares, retain 66 per...
Presenting the budget for the fiscal year 2026/27 on Friday, Finance Minister Dr Swarnim Wagle said the remaining shares of Nepal Telecom would be sold to the public by mid-January.
2 days ago
ECONOMY
Average daily spending of tourists down by 19 percent
Average daily spending of tourists down by 19 percent
The report shows that tourists who spent an average of USD 40.84 per day in the previous fiscal year reduced their expenditure to USD 33.08 this year. Despite the decline in spending, tourist arrivals rose by 1.3 percent to 1,162,365.
2 days ago
SOCIETY
Irrigation coverage expands to 1.59 million hectares in Nepal
Irrigation coverage expands to 1.59 million hectares in Nepa...
The report, citing the Ministry of Energy, Water Resources and Irrigation, stated that of the total irrigable land, 532,655 hectares now benefit from year-round irrigation facilities, supported by large-scale national projects designed to ensure continuous water access. Groundwater irrigation projec...
2 days ago
POLITICS
Nepal to close three embassies, two consulates under revised economic diplomacy strategy
Nepal to close three embassies, two consulates under revised...
Presenting the federal budget for Fiscal Year (FY) 2026/27 in Parliament on Friday, Finance Minister Dr Swarnim Wagle announced that Nepal will close its embassies in Denmark, Brazil and South Africa.
2 days ago
ECONOMY
Nepal plans sovereign wealth fund using forex reserves
Nepal plans sovereign wealth fund using forex reserves
Presenting the budget for the fiscal year 2026/27 in the joint meeting of the federal parliament on Friday, Finance Minister Dr. Swarnim Wagle said the government would prioritize artificial intelligence (AI), clean energy, digital infrastructure and financial sector reforms.
2 days ago
ECONOMY
Govt announces budget of Rs 2.124 trillion for FY 2026/27
Govt announces budget of Rs 2.124 trillion for FY 2026/27
The government has announced a total budget of Rs 2.124 trillion for the Fiscal Year (FY) 2026/27.
2 days ago
WORLD
'Biggest circus in town' the World Cup set for betting frenzy
'Biggest circus in town' the World Cup set for betting frenz...
Global betting revenue for the upcoming World Cup is likely to be "in excess of $50 billion", betting expert Darren Small told AFP, for an event he labelled "the biggest circus in town." The revenue will be significantly higher than the 2022 edition, partly because the quadrennial football fies...
2 days ago
ECONOMY
Govt allocates Rs 218.30 bn for education sector
Govt allocates Rs 218.30 bn for education sector
The education budget is lower than the allocation made for physical infrastructure and urban development. The government has allocated Rs 286 billion for physical and urban infrastructure-related programs under the respective ministry.
2 days ago
ECONOMY
Govt allocates over Rs 17.64 bn for Fast Track project
Govt allocates over Rs 17.64 bn for Fast Track project
Finance Minister Dr Swarnim Wagle made the announcement while presenting the national budget in Parliament on Friday, stating that construction work under the fast track project will be accelerated.
2 days ago