ECONOMY
FY2016/17 imports near trillion rupees
FY2016/17 imports near trillion rupees
KATHMANDU, Aug 21: The gap between import and export figures is widening with each fiscal year even though import substitution is stated as a priority program in every fiscal policy and periodic plan of the government.
Aug 22, 2017
ECONOMY
Inflation falls to 12-year low of 4.5 percent
Inflation falls to 12-year low of 4.5 percent
KATHMANDU, Aug 21: Annual average inflation fell to 4.5 percent in the last Fiscal Year 2016/17.
According to the Nepal Rastra Bank (NRB), the pace of price rise nearly halved in the last fiscal year from a near double-digit level in 2015/16.
Aug 22, 2017
ECONOMY
Indian blockade reduced Nepal-India drugs trade by 46.5 percent: Study
Indian blockade reduced Nepal-India drugs trade by 46.5 perc...
KATHMANDU, Aug 21: The volume of all retail medicines traded across the India-Nepal border during the blockade period between September 2015 and early February 2016 decreased by 46.5 percent compared to the same months in 2014/2015, a study report revealed.
Aug 22, 2017
ECONOMY
Domestic airlines benefit from poor state of Narayangarh-Mugling road
Domestic airlines benefit from poor state of Narayangarh-Mug...
KATHMANDU, Aug 21: Domestic airlines are cashing in on the poor state of Mulging-Narayanghat road as more people prefer to fly rather than take the ordeal of traveling through the landslide-prone road which is undergoing expansion for past two years.
Aug 22, 2017
ECONOMY
HAN to fly gyrocopters for tourists from next week
HAN to fly gyrocopters for tourists from next week
POKHARA, Aug 21: Heli Air Nepal (HAN) will be soon operating new light weighted portable helicopters known as gyrocopters, especially designed for domestic as well as international tourists who love adventure.
Aug 22, 2017
ECONOMY
NEA launches online bill payment system
NEA launches online bill payment system
KATHMANDU, Aug 21: Consumers can now pay their electricity bills through their mobile phones of personal computers.
Aug 22, 2017
POLITICS
RJPN to contest polls despite amendment defeat
RJPN to contest polls despite amendment defeat
KATHMANDU, Aug 21: Rastriya Janata Party Nepal (RJPN) will participate in the upcoming elections while continuing their struggle for constitutional amendment. RJPN leaders said this after the bill to revise constitutional provisions on citizenship, language, representation in the upper house and fed...
Aug 22, 2017
POLITICS
Both parliamentary, provincial polls on Nov 26
Both parliamentary, provincial polls on Nov 26
KATMANDU, Aug 21: After a series of consultations among the political parties and with the Election Commission (EC), the government has set November 26 as the date for both parliamentary and provincial assembly elections. A Cabinet meeting on Monday decided to conduct both the elections on the same...
Aug 22, 2017
POLITICS
Deuba visit to focus on past deals, Koshi, Laxamanpur damage
Deuba visit to focus on past deals, Koshi, Laxamanpur damage
KATHMANDU, Aug 21: Prime Minister Sher Bahadur Deuba is paying a five-day state visit to India from August 23, with the main agenda of bringing the agreements reached between the two countries on various occasions into implementation.
Aug 22, 2017
POLITICS
Year-long efforts at constitution amendment fail
Year-long efforts at constitution amendment fail
KATHMANDU, Aug 21: Nearly year-long efforts to amendment the constitution a second time came to an end on Monday, with the ruling parties failing to garner the requisite two-thirds majority in the 592-member parliament.
Aug 22, 2017