KATHMANDU, April 5: The Asian Development Bank (ADB) has estimated Nepali economy to grow by 4.1 percent in the current fiscal year, lower than earlier estimation of 5.8 percent.

The multilateral lending institute cautions Nepal to diversify the migrants’ destinations citing a possible fall next year

KATHMANDU, June 20: The government has been able to increase its revenue collection by 25.41 percent in the first ten months of this fiscal year, compared to the same period last fiscal, despite a massive fall in domestic economic activities due to the impacts of COVID-19.

KATHMANDU, April 13: The government was able to collect revenue worth 92.50 percent of the targeted amount in the first eight months of the current fiscal year.

KATHMANDU, Feb 2: Insurance companies have collected premiums worth Rs 36.61 billion in the first half of the current fiscal year, which is an increment of 25.67 percent to the amount collected during the same period in the last fiscal year.

KATHMANDU, Nov 20: A new book of essays entitled "21 Resilient Women: Stories of courage, growth, and transformation" is being launched this week.

Making sense of China’s new plan

September 30, 2020 12:30 pm

If the rest of the world wants to cooperate on developing green products and services, China will oblige. If it doesn’t, China will rely on its own formidable strengths to sustain its growth and development.

Houseplants are quick to tell you when they need help. They display discolored leaves, drooping stems, and little or no growth. That usually gives you enough time to make things right.

To share and to grow

January 17, 2020 11:07 am

Kapell Pal says he has always been an imaginative person which is why photography appeals to him. It’s been around seven years that he has been actively taking photos and he can’t even think of not doing so anymore. So, he regularly posts his photos on the Facebook page, Click Nepal.

Tender Arms

November 8, 2019 10:00 am

In hot Augusts' barren night, When the sky becomes sullen with clouds, And when raindrops begins to sprinkle when thunder-shower growl

KATHMANDU, July 24: Forty-five percent of the total land in the country is covered with forest. Despite this, the country's dependence on other countries for timber is growing.

Mend your ways

July 3, 2019 01:30 am

Oli made satirical remarks, talked big about projects, two-digit economic growth and prosperity in 2016 too but people did not call him a joker then because they trusted him

BEIJING, June 30: Growth in China’s services sector activity held firm in June, an official survey showed on Sunday, despite growing pressure on the broader economy from tougher U.S. trade measures.

FUKUOKA, June 8: Finance chiefs of the Group of 20 major economies meeting in the Japanese city of Fukuoka debated Saturday over how to revise tax systems to ensure big companies pay their fair share and support economies as global growth slows.

KATHMANDU, May 25: Like his predecessors, Minister for Finance Yuba Raj Khatiwada said he had focused on ‘growth of real sector including manufacturing’ and ‘high priority on production’ when he unveiled the budget for the current fiscal year in May last year.

LONDON, March 3: British businesses reported their weakest growth in nearly six years during the past three months due to fears of a no-deal Brexit and rising global trade barriers, the Confederation of British Industry said on Sunday.

Fifteen years ago, on February 4, 2004, 19-year old Harvard student Mark Zuckerberg, along with some of his classmates, launched a little website called Facebook.

Too much TV 'can hold back children'

January 29, 2019 14:00 pm

Too much time spent watching TV and playing computer games can hold back the development of young children, new research suggests.

LONDON, Jan 27: Developing countries swapping paper documents for digital identification systems could see their economies grow up to 13 percent by 2030, researchers said in the first study to assess the technology's economic value.

Reconciling security and growth

December 31, 2018 00:30 am

“America First” approach taken by the US will strengthen China’s own hardliners, who will push to emphasize national security over reform

KATHMANDU, Sept 27: Asian Development Bank (ADB) has forecast Nepal's economy to grow by 5.5 percent in Fiscal Year 2018/19.

KATHMANDU, July 29: The Ministry of Agriculture Development has said that to achieve the target of doubling agricultural produce in five years, which the government has stated in its annual budget for the Fiscal Year 2018/19, a growth rate of 15 percent has to be achieved on every agricultural product.

KATHMANDU, July 19: A senior official of Nepal Rastra Bank (NRB) has said that central bank put economic growth in priority while preparing Monetary Policy for Fiscal Year 2018/19.

RUPANDEHI, July 15: Nepali entrepreneurs have been increasingly interested toward investing into hotels in Rupandehi district in view of the under-construction Gautam Buddha International Airport (GBIA) at Bhairahawa.

KATHMANDU, May 31: The government is anticipating a massive industrial and agricultural expansion this year as it has set growth target for these sectors at 12 percent and 4.5 percent, respectively, in Fiscal Year 2018/19.

KATHMANDU, May 27: Finance Minister Dr Yuba Raj Khatiwada presented the economic survey of the current fiscal year and annual status review of public enterprises in the meeting.

Nepal’s growth path

May 20, 2018 02:00 am

In addition to investment in primary sector, government needs to invest in service and industrial sectors to attain sustainable growth

Illusion of growth

May 15, 2018 00:20 am

Rise in per capita income does not necessarily indicate growth. It does not mean income of each household has increased

KATHMANDU, April 26: Gross Value Added (GVA) by hotel and restaurant sector has increased significantly over the past one and half decades, the National Accounts Statistics of Nepal (2017/18 Annual Estimates) shows.

KATHMANDU, April 25: The economic growth rate is projected to be 5.89 per cent in the current fiscal year.

KATHMANDU, April 12: Asian Development Bank (ADB) has said that Nepal's economy is anticipated to grow by 4.9 percent in the FY2017/18, down from 6.9 percent of economic growth a year ago.

In an exclusive interview to The Hindu, Mr. Oli says the bitterness of past relations have been put behind them, and India and Nepal must work towards a new, more equal relationship.

KATHMANDU, March 28; Though bank executives say that they have slowed down lending in recent months due to shortage of funds, data suggests otherwise.

KATHMANDU, March 29: Though bank executives say that they have slowed down lending in recent months due to the shortage of funds, data suggests otherwise.

KATHMANDU, March 21: There has been a steep rise in import of construction materials and industrial raw materials over the past two years. This indicates the construction and man ufacturing sector of the nation has at least been vibrant. A report published by Nepal Rastra Bank (NRB) suggests that the import of these materials has increased by more than double in the past two years.

KATHMANDU, March 8: The government has revised down the economic growth forecast to 6 percent for the current fiscal year 2017/18 from the previous economic growth target of 7.2 percent. Releasing the mid-term review report of the budget for the current fiscal year, the Ministry of Finance lowered the growth forecast by 1.2 percentage points to 6 percent for the current fiscal year.

KATHMANDU, March 7: The government on Wednesday revised the economic growth target down to 6 percent for the current fiscal year 2017/18 from the initial target of 7.2 percent.

KATHMANDU, Mar 1: Prime Minister KP Sharma Oli has said the government was working on a plan to hit a double-digit economic growth in the first quarter of the upcoming fiscal year alone.

KATHMANDU, Feb 23 : The US President Donald J. Trump has congratulated KP Sharma Oli on his election as the Prime Minister of Nepal.

LONDON, Feb 21: Britain’s unemployment rate rose unexpectedly for the first time in almost two years in the three months to December, official data showed on Wednesday.

Search for quality growth

February 7, 2018 00:50 am

It will not be easy to realize vision of “people-centered development” that Xi announced. But China is on right track.

KATHMANDU, Jan 21: The International Monetary Fund (IMF) has said that growth is expected to accelerate or remain broadly stable in South Asia except Nepal.

Counselling for Intellectual Growth

January 16, 2018 11:03 am

My City’s Sonam Lama caught up withUdhav Khadka, 41, is the Executive Chairperson at Hub International Education, Bagbazar, to discuss his progressive journey as an education counselor.

WB revises growth to 4.6% for this year

January 11, 2018 04:13 am

KATHMANDU Jan 11: The World Bank Group has revised down the growth forecast for Nepal by nearly one percentage point to 4.6 percent for the current fiscal year 2017/18. Launching the global economic prospects on Wednesday, the Washington-based organization revised down its own economic growth forecast in June last year by 0.9 percentage point.

KATHMANDU, Jan 8: Wages growth around the world in 2018.

KATHMANDU, Dec 28: Slow deposit growth has not restrained banks from ramping up their loan disbursements, indicating that lendable funds in the banking industry will soon dry up if the situation does not reverse.

NEXT Growth Conclave motivates start-ups

December 23, 2017 08:50 am

KATHMANDU, Dec 23: Next Venture Crop organized the NEXT Growth Conclave, a business conference at Soaltee Crowne plaza on Friday.

KATHMANDU, Nov 22: Remittance growth is on a decline for the past few months, raising concerns that slow growth of money sent by migrant workers abroad could build pressure on the country's external sector stability.

Export growth to China rises, India falls

November 20, 2017 08:28 am

KATHMANDU, Nov 20: Nepal’s export to China has seen a sizable growth in the first three months of Fiscal Year 2017/18, while export growth to India remains slow.

KATHMANDU, Nov 3: The Left Alliance has published its election manifesto today. The manifesto highlights the role of Communists in Nepal’s politics and development and explains how the newly formed alliance would lead the country towards economic prosperity, stability and development. The manifesto promises to uplift Nepal into the list of developing countries within five years, end social impunity, increase economic growth, develop industries, develop food security and social protection, and revise international policies that are against the country’s interest.