Tourists arrival in Bhaktapur increases

January 14, 2024 16:39 pm

BHAKTAPUR, Jan 14: The number of foreign tourists visiting Bhaktapur has increased. The number of tourists entering Bhaktapur city has increased from Shrawan (mid-July to mid-August) to Paush (mid- December to mid-January) of last fiscal year.

KATHMANDU, Dec 30: As the English New Year 2024 approaches, hotels and resorts in popular tourist destinations are witnessing a surge in bookings. The increasing number of individuals planning to celebrate the 'New Year’s Eve' at these locations has led to a notable rise in advance bookings.

In a promising turn of events, Nepal has witnessed a substantial surge in Foreign Direct Investment (FDI) commitment, reaching an impressive Rs 22.08 billion during the first four months of the current Fiscal Year (FY). This figure nearly doubles the FDI commitment recorded in the corresponding period of the previous FY, signaling a positive trajectory for the nation's economic landscape. While this surge is undoubtedly a cause for celebration, it is crucial to acknowledge that there is still a long way to go in making Nepal truly conducive for FDI.

KATHMANDU, Feb 22: Nepal imported 2,009 units of electric vehicles (EVs) in the first seven months of the current fiscal year.

KATHMANDU, Nov 16: The consumer price inflation stood at 8.50 percent last month, which was double of the figure during the review month last year.

KATHMANDU, August 17: The annual consumer price inflation last year hit 6.32 percent, up from 3.60 percent inflation of the previous fiscal year.

KATHMANDU, July 28: Nepal imported agriculture products worth Rs 378.60 billion in 2021/22, which was Rs 55 billion more than the import expenses on the headings of the previous year.

KATHMANDU, May 11: The consumer price inflation during the one-month period from mid-March to mid-April increased more than double this year compared to the same period of the last fiscal year, owing to a surge in the prices of overall food and non-food items and services.

KATHMANDU, April 12: The consumer price inflation was recorded at 7.14 percent as of mid-March this year as compared to 3.03 percent of the same period last year.

KATHMANDU, Feb 2: Nepal imported fresh vegetables worth Rs 22.51 billion during the first six months of the current fiscal year - Rs 3.29 billion more than that of the same period last year.

KATHMANDU, Jan 25: Nepal imported 1,103 units of electric vehicles (EVs) in the first half of the current fiscal year.

KATHMANDU, Dec 22: The Office of the Company Registrar (OCR) gave operating licenses to 10,337 new companies in the first three months of the current fiscal year.

KATHMANDU, Nov 30: Despite the government authorities repeatedly issuing caution notices to check gold import, there is a massive surge in the import of the precious metal by travelers returning from abroad.

KATHMANDU, August 30: Nepal imported rice worth Rs 50.48 billion in the last fiscal year, which was 51.4 percent more than the expense made on the import of the same agricultural product in the previous year.

KATHMANDU, June 17: Nepal imported rice worth Rs 44.46 billion in the first 10 months of the current fiscal year, which is 67 percent more than the annual import of the same period of the last fiscal year.

RUPANDEHI, April 15: There has been a surge in number of internal tourists visit different areas of Rupandehi in the past few days.

KATHMANDU, July 21: Stocks opened the week posting strong gains ahead of the start of the Fiscal Year 2018/19. On the first two trading sessions, the Nepal Stock Exchange (Nepse), which opened the week at 1191.98 points, climbed more than 20 points. Nonetheless, the index recorded losses in all latter sessions. Consequently, Nepse added a meager 1.41 points to close the week at 1,193.39 points.

KABUL, July 15: The number of civilians killed in Afghanistan reached a record in the first half of the year, despite last month’s ceasefire, with a surge in suicide attacks claimed by Islamic State, the United Nations said on Sunday.

KATHMANDU, June 2: After declining on the first trading day of the week, stocks staged a comeback on the second day as the benchmark index surged more than 35 points on the day. However, despite much anticipation, announcement of government budget failed to uphold market sentiments throughout the latter sessions.

KATHMANDU, Feb 27: The number of accidents continues to rise on Rolpa's rural roads constructed in unsystematic ways, causing huge losses of lives and properties every year. Most of roadways in inner and rural parts of the district are congested and unsystematic.

KATHMANDU, Feb 7: Nine commercial banks have earned net profits of over Rs 1 billion in the first half of the current Fiscal Year 2017/18. Not only half-dozen new commercial banks have joined the one-billion profit earners' league, the net profits of most of the commercial banks have also gone up in the review period.

​KATHMANDU, Feb 5: Revenue collection by different national parks and conservation areas increased by nearly 58 percent in Fiscal Year 2016/17 compared to data of the previous fiscal year.

CHITWAN, Jan 30: Despite of the poor shape of Mugling-Narayanghat road, which affected movement of tourists, as well as Rapti River floods, the number of tourists visiting Chitwan National Park increased over the first half of the current fiscal year.

Washing machine sales surge

January 25, 2018 07:09 am

KATHMANDU, Jan 25: The end of load-shedding, and people's busy life and rising purchasing power have boosted sale of washing machines in Kathmandu Valley.

KATHMANDU, Nov 29: Non-performing loans (NPL) of commercial banks slightly increased in the first quarter of the current fiscal year 2017/18 compared to corresponding period of FY 2016/17.

LONDON, Oct 29: Manchester City maintained their charge towards the Premier League title with a 3-2 win at West Bromwich Albion as Manchester United kept within five points of their neighbours with a 1-0 win over Tottenham Hotspur on Saturday.

MANANG, Sept 13: The world famous Annapurna Circuit – an alpine trek route – is bustling with a surge in the number of tourists.

KATHMANDU, Sept 9: The failure of the political parties to accommodate the aspiring candidates and disputes over sharing of key posts of local units has made the ruling Nepali Congress (NC), CPN (Maoist Center) and Rastriya Janata Party Nepal (RJPN) forge electoral alliances difficult for the September 18 local polls.

KATHMANDU, June 30: The fourth edition of the Istanbul Conference on Mediation is taking place on Friday with the theme of “Surge in Diplomacy, Action in Mediation.”

KOHALPUR, June 8: Domestic airlines have increased flight frequencies as well as aircraft to cash in on the surge in number of passengers travelling to Kailash Mansarvoar area in Tibet via Simikot airstrip in Humla.

A four point lead with six games to go. Is the Premier League title race now back on, after so many had assumed Chelsea had the championship in the bag?

KATHMANDU, March 28: The Nepal Stock Exchange (NEPSE) has today put the circuit breaker following an unusual surge in the domestic share market.

Chelsea's processional march towards the Premier League title continued at Swansea City's expense on Saturday as reigning champions Leicester City dropped into the bottom three.

JHAPA, Jan 30: There was a time when big corporate houses preferred to sponsor Kathmandu-centered football events and established clubs. But the increasing number of tournaments outside the Kathmandu Valley has now encouraged corporate houses to sponsor local clubs as well. As a result, they are sponsoring different football tournaments in Jhapa which has helped local football activities and in the development of the players.

Nepali students in US surge

November 14, 2016 16:05 pm

KATHMANDU, Nov 14: The 2016 Open Doors Report on International Educational Exchange, released today, finds that the number of Nepali students in US colleges and universities jumped by 18.4% in the past year.

KATHMANDU, June 29:Every year snake bite cases surge during monsoon and this year seems to be no exception.

KATHMANDU, June 12: Surge in donations sought by political parties has left big business and corporate houses worried.