KATHMANDU, April 15: Nepal Oil Corporation (NOC) has increased the price of petroleum products. The NOC has hiked the price of petrol, diesel and kerosene by Rs 3 per liter with effect from Tuesday morning.

NOC increases fuel prices

January 31, 2024 22:24 pm

KATHMANDU, Jan 31: Nepal Oil Corporation (NOC) has increased the price of petroleum products. The new market price of petrol, diesel and cooking gas (LPG) will come into effect from 1:00 am Thursday.

KATHMANDU, Oct 22: Common people have complained that the prices of food items including fruits have doubled during the festive season.

As the vibrant festival of Dashain approaches, marking a time for family reunions and celebrations, the issue of exorbitant airfares for domestic travel emerges as a pressing concern. The recent surge in airfares for flights between Kathmandu and Dhangadhi has created significant distress among passengers who aspire to return home and partake in the festivities.

KATHMANDU, Oct 16: The recent hike in airfares for flights between Kathmandu and Dhangadhi has left passengers who plan to return home for the festival season facing difficulties.

KATHMANDU, Sep 7: The retail price of sugar has soared to Rs 110 per kg in Kathmandu, following a wholesale price hike to Rs 105 per kg orchestrated by intermediaries within the sugar industry.

KATHMANDU, Aug 27: Students of the Pulchowk Engineering Campus have taken a unique approach to protest against engineering fee hike and corruption issues by performing a Hawan (a religious ritual).

KATHMANDU, Aug 27: Students of the Pulchowk Engineering Campus have taken a unique approach to protest against engineering fee hike and corruption issues by performing a Hawan (a religious ritual).

MANILA, Aug 25: Soaring food and fuel prices and the coronavirus pandemic pushed nearly 70 million more people in developing Asia into extreme poverty last year, the Asian Development Bank said in a report released Thursday.

KATHMANDU, August 1: Nepal Oil Corporation (NOC) has hiked the prices of petrol, diesel, kerosene and reduced the price of cooking gas cylinder effective from Tuesday midnight.

KATHMANDU, June 30: Paragliding enthusiasts in Pokhara are set to face increased flight charges as the Nepal Airsports Association (NAA) announced a fee adjustment for paragliding flights.

Strengthen market monitoring

June 17, 2023 07:30 am

The recent surge in prices of essential vegetables, such as onions and potatoes, prior to the implementation of the proposed Value Added Tax (VAT), raises serious concerns about the plight of consumers and the need for stronger market monitoring. It is disheartening to witness unscrupulous businesspersons taking advantage of the impending VAT implementation by unjustly raising prices and burdening the already strained household budgets of citizens.

KATHMANDU, June 16: The Department of Commerce, Supplies, and Consumer Protection (DoCSCP) has issued a stern warning to traders involved in the black market for onions, emphasizing that strict action will be taken against them.

KATHMANDU, March 3: The government has decided to hike the price of milk by Rs 9 per litter.

KATHMANDU, Oct 24: Shoppers during the festivals this year have a hard time managing expenses due to rampant hikes in market prices.

KATHMANDU, Oct 17: Nepal Oil Corporation (NOC) has again not adjusted the price of petroleum products. Even though new prices are coming from India ona regular basis, the corporation has not adjusted the prices under the pretext of past losses.

KATHMANDU, Oct 1: Dashain is the biggest festival of Hindu Nepali. The festival is mostly popular for eating delicious foods, wearing new clothes and engaging in recreational activities.

KATHMANDU, July 4: The Nepal Oil Corporation (NOC) has increased the prices of petroleum products again. NOC increased the price of petrol by Rs 9 per liter and diesel/ kerosene by Rs 2 per liter with effect from Monday midnight.

KATHMANDU, June 24: Nepali Congress (NC) leader Shekhar Koirala has suggested the government remove the tax on petroleum products for the time being.

KATHMANDU, June 21: A group of students belonging to All Nepal National Independent Students Union- Revolutionary (ANNISU-R) affiliated to the CPN (Maoist Center) staged protests against recent hike in the prices of petroleum products on Tuesday.  The agitating students staged a torch rally in front of Ratna Rajya Laxmi Campus in Kathmandu on Tuesday.

KATHMANDU, June 10: The Nepal Oil Corporation (NOC) has increased the prices of petroleum products. The increment was made after the NOC failed to pay the regular installment to Indian Oil Corporation (IOC)-- the sole supplier of petroleum products.

KATHMANDU, June 3: Minister for Industry, Commerce and Supplies Dilendra Prasad Badu has clarified that acute shortage of petroleum products in the global market has triggered price hike in Nepal.

KATHMANDU, June 3: CPN-UML lawmaker Yagya Raj Sunuwar has said that the government has committed an immoral act by increasing the price of petroleum products.

KATHMANDU, June 2: The Indian Oil Corporation (IOC) that supplies petroleum products to Nepal has sent increased prices of petroleum products to Nepal as consumers continue to be hit hard by the rising prices. This comes barely a week after Nepal Oil Corporation (NOC) increased the prices of petroleum products in line with the price list sent by the IOC.

KATHMANDU, May 27: The government has decided to reduce the infrastructure tax on petroleum products. A Cabinet meeting held on Friday decided to provide relief to the consumers by reducing the tax being levied on petroleum products.

KATHMANDU, May 24: A delegation of 15 student unions today called on Minister for Industry, Commerce and Supplies, Dilendra Prasad Badu, drawing the government's attention to the fresh rise in the prices of petroleum products. During the meeting, they handed a memorandum toward this end to the minister.

KATHMANDU, May 23: Nepal Oil Corporation (NOC) incurred a loss of Rs 47 billion in the last 10 months. The corporation reports that the loss has been caused by the persistent rise in the price of petroleum products in the international market.

KATHMANDU, May 23: National Assembly member Bhairav ​​Sundar Shrestha has said that the government has failed to give the impression of being a government by increasing the price of petroleum products.

KATHMANDU, May 22: The government has hiked the prices of LPG gas cylinder by Rs 200 each cylinder and petroleum products by Rs 10 per liter.

KATHMANDU, Feb 20: Nepal Oil Corporation (NOC) has again increased the prices of petroleum products.

Price of lemon doubles in a month

April 17, 2022 12:34 pm

KATHMANDU, April 17: The price of lemon has increased more than double in one month in the Nepali market. According to the Kalimati Fruits and Vegetable Market Development Board, the price of lemon, which was being sold at Rs 190 per kg in mid-March, has reached Rs 400 per kg today. The price of a piece of lemon has reached Rs 20 in the market.

KATHMANDU, April 6: Nepal Oil Corporation (NOC) has increased the price of petroleum products.

KATHMANDU, March 29: Nepal Oil Corporation (NOC) has proposed declaring a public holiday on Sunday. The corporation has written a letter to the government, proposing giving one more day off to reduce fuel consumption by reducing the use of public and government vehicles.

KATHMANDU, March 16: Nepal Oil Corporation (NOC) on Wednesday received a record high purchase price of petroleum products from the Indian Oil Corporation (IOC).

KATHMANDU, March 13: In a bid to save face from the growing criticism, Nepal Vegetable Ghee and Oil Manufacturers’ Association (NVGOMA) has said that the current hike in prices of edible oils is due to the rise in prices of raw materials in the international market.

KATHMANDU, March 12: Minister for Energy, Water Resources and Irrigation Pampha Bhusal has said that the government is committed to control the rising prices of daily essentials.

KATHMANDU, March 10: The Industry and Commerce and Labor and Consumers Committee of the House of Representatives has directed the government to control the prices of petroleum products.

LONDON, March 6: Oil prices are set to surge further this week due to delays to the conclusion of Iranian nuclear talks and the potential return of Iranian crude to global markets, which are already suffering from Russian supply disruptions, analysts said.

KATHMANDU, March 3: With the sharp rise in the prices of Brent crude oil in the international market as a result of Russia's invasion in Ukraine, the Nepal Oil Corporation (NOC) has decided to hike the prices of petrol and diesel by Rs 5 per liter.

KATHMANDU, Feb 20: Nepal Oil Corporation (NOC) has again increased the price of petroleum products.

KATHMANDU, Feb 10: The state-owned Dairy Development Corporation (DDC) has decided to hike the consumer price of processed standard milk by Rs 9 per liter.

KATHMANDU, Jan 21: Various student unions have demanded the government to withdraw the price hike of petroleum products.

Prices of petroleum products hiked

January 20, 2022 09:32 am

KATHMANDU, Jan 20: The Nepal Oil Corporation (NOC) has increased the prices of petroleum products.

SINDHULI, Nov 12: Members of National Youth Federation Nepal and All Nepal National Free Students' Union (ANNFSU), Sindhuli Chapter burned an effigy of Prime Minister Sher Bahadur Deuba to protest against the recent decision of the government to hike the prices of petroleum products.

KATHMANDU, Nov 10: The government has again hiked the prices of petroleum products including cooking gas.

KATHMANDU, Oct 2: The state-owned Dairy Development Corporation (DDC) has hiked the price of ghee by Rs 100 per liter at a time when Dashain and Tihar, two of the major festivals of Hindus, are around the corner.

Price of cooking oil increases

September 16, 2021 14:15 pm

KATHMANDU, Sept 16: The price of refined oil has gone up in Nepal due to the rise in the price of crude oil in the international market owing to COVID-19, according to Nepal Vegetable Ghee & Oil Manufacturers' Association.

NOC hikes prices of petroleum products

August 23, 2021 21:54 pm

KATHMANDU, August 23: Nepal Oil Corporation(NOC) has hiked the prices of petroleum products.

KATHMANDU, July 7: Nepal Oil Corporation has increased the price of petroleum products again.

NOC hikes fuel price

April 18, 2021 11:45 am

KATHMANDU, April 18: Nepal Oil Corporation (NOC) has increased the prices of petrol, diesel, kerosene and aviation fuel used in domestic flights.