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.

KATHMANDU, Feb 25: Onion price that had remained stable for the past two months has started to rise again in the domestic market amid soaring price of the agricultural product in India, the main import source country for Nepal.

KATHMANDU, Feb 4: Traders have expressed their readiness to gradually reduce the market prices of edible oil as the prices of the raw materials used for this product has started falling down in the international market.

MYAGDI, Oct 9: Mekh Bahadur Nepal who has been trading mountain goats for the last three decades is returning from Mustang with no deals for this Dashian.

KATHMANDU, March 1: Nepal Students' Union (NSU), the student wing of Nepali Congress, has staged demonstration across the country on Sunday, putting forth various demands including withdrawal of price hike on petroleum products and cancellation of 10 per cent tax imposed on books, among others.

KATHMANDU, Jan 8: Weak market inspection has once again given the unscrupulous traders leeway to profusely raise the price of essentials, as seen in the recent price hike of edibles by up to Rs 100 per kg.

SINDHUPALCHOWK, Dec 12: As the country is going through onion shortage due to Indian ban, importers have turned to China for supply of the popular kitchen ingredient.

Big picture

November 28, 2019 09:33 am

The price of onions has gone way too high in Nepali market.  The retail price of this vegetable product spiked to Rs 230 per kg on Tuesday, in a sharp jump by Rs 30 per kilo in a single day.

KATHMANDU, Nov 22: Though the government has vowed to tame inflation at 6% in the current fiscal year – FY2019/20, consumer price rise has outpaced the government’s target.

NEPALGUNJ, Oct 23: The price of vegetables in Nepalgunj has increased at a whopping rate over the past week.

Onion prices spike on short supply

October 4, 2019 08:30 am

KATHMANDU, Oct 4: Onion prices have more than doubled over past one and half months. The price has skyrocketed during the festive season where consumption of onion is very high.

KATHMANDU, Sept 30: State-owned Food Management and Trading Company (FMTC) is likely to start selling goats for Dashain festival from Monday and mountain goats from Tuesday.

Rise in prices of consumable goods, labor costs and Indian inflation pushed prices up: NRB

Monitor the market effectively

September 23, 2019 02:33 am

The market is getting crowded. People are in buying spree for Dashain. And this is the time that shopkeepers tend to suddenly increase the price of everything. Price of essential goods like rice, lentils, oil, sugar and vegetables have already gone up.  Their demand will increase in the coming days and weeks. In the absence of effective monitoring from the government, shopkeepers will go on a price hike war.

KATHMANDU, Nov 21: The parliament’s Public Accounts Committee (PAC) has endorsed the report submitted by a sub-committee, which among others, calls for an investigation into the recent artificial price hike of sugar, particularly during the festival season.