KATHMANDU, May 12: Nepal Rastra Bank has reduced the bank rate by one percent, targeting to address the ongoing economic slowdown of the country.

KATHMANDU, March 29: A total of 2,380 imported automobiles and trucks loaded with imported goods have remained stranded at the Birgunj Dry Port after the importers were reluctant for customs clearance, citing the low demand at present.

KATHMANDU, Jan 9: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari on Sunday said that Nepal is facing a serious challenge to keep itself untouched from global economic slowdown.

Is the 8.5 pc growth target achievable?

February 23, 2020 08:39 am

KATHMANDU, Feb 23: Upbeat with the economic growth rate in the last three years which remained higher than an average of more than six per cent, the government has set its sight on a growth rate of 8.5 per cent in the current fiscal year 2019/20.

Exports via Nepalgunj customs down 62%

January 19, 2020 09:46 am

NEPALGUNJ, Jan 19: According to the Nepalgunj Customs Office, the export of goods and products from Nepal to India has declined by 62% as of mid-January of the current fiscal year 2019/20.

NEW DELHI, Jan 8: Tens of thousands of workers affiliated to trade unions led a strike in parts of India on Wednesday, disrupting transport and banking services in a protest against privatisation and the growing impact of an economic slowdown on jobs.

SINGAPORE, March 25: Oil prices slipped on Monday, with concerns of a sharp economic slowdown outweighing supply disruptions from OPEC’s production cutbacks and from U.S. sanctions on Iran and Venezuela.