Kathmandu: The Ministry of Agriculture and Livestock Development has said that 60 percent of paddy pantation has been completed across the country. The plantation however, have decreased by eight percent this year, compare to the same period last year. Planting data has been prepared in coordination with the provinces. Plantation has been affected in Province… Continue reading 60 pc plantation completes across the country
Category: Finance
Govt continues ban on import of luxury goods untill August 30
Kathmandu: The Ministry of Industry, Commerce and Supply has continued the ban on 10 items that were banned from import with more strictness. On Sunday, the Ministry of Industry, Commerce and Supply published a notice in the Nepal Gazette informing that the ban has been continued until August 30. According to the Nepal Gazette, the… Continue reading Govt continues ban on import of luxury goods untill August 30
Himalaya Airlines begin Kathmandu-Kuwait flight
Kathmandu: Himalaya Airlines has started Kathmandu-Kuwait flights as its eighth destination from Friday. Airlines will operate Kathmandu-Kuwait flights every Friday and Kuwait-Kathmandu flights every Saturday. Kuwait is an important destination especially for Nepalis who go for employment and business purposes. An air service agreement was signed between Nepal and Kuwait in 2006. Himalaya Airlines has… Continue reading Himalaya Airlines begin Kathmandu-Kuwait flight
PM Deuba suggests governor to resign
Kathmandu: Prime Minister Sher Bahadur Deuba has said that Governor of Nepal Rastra Bank (NRB) Maha Prasad Adhikari should resign. After the CPN-UML named M Adhikari, Khotang as a member of the Finance and Planning Department of the party, the Governor Adhikari has come into the controversy. In the meeting of the top leaders of… Continue reading PM Deuba suggests governor to resign
Market inflation increase by 8.56 pc in Nepal
Kathmandu: The market inflation in Nepal has stood at 8.56 percent in the eleventh month of FY 2021/22 compared to 4.19 percent a year ago.According to the Nepal Rastra Bank (NRB), food and beverage inflation stood at 7.43 percent whereas non-food and service inflation stood at 9.44 percent in the review month.The average monthly y-o-y… Continue reading Market inflation increase by 8.56 pc in Nepal
Nepal begins exporting cement to India
Kathmandu: Nepali cement has started being exported to India. The Palpa Cement Industry of West Nawalparasi has started exporting cement to India. Three trucks of cement were sent to India through Sunauli on Friday. The industry has exported Tansen brand PPC cement. The government has committed 8 percent cash subsidy in cement export starting from… Continue reading Nepal begins exporting cement to India
Communication Minister Karki claims Nepal is not facing economic crisis as Sri Lanka
Kathmandu: Communications and Information Technology Minister Gyanendra Bahadur Karki has said that there is no truth in the statement that the country’s economy is heading towards the crisis-ridden Sri Lanka. Minister Karki, who is also the spokesperson of the Government of Nepal, said that an attempt was being made to mislead the people that the… Continue reading Communication Minister Karki claims Nepal is not facing economic crisis as Sri Lanka
Finance Minister resigns after cctv footage controversy
Kathmandu: Finance Minister Janardan Sharma has resigned from his post. He resigned on a meeting of the House of Representatives on Wednesday. Sharma resigned after being accused of making a serious mistake by introducing an unauthorized person while manipulating tax rates during budget formulation. After the parliament formed an 11-member inquiry committee to probe him… Continue reading Finance Minister resigns after cctv footage controversy
NOC hike petrol price by Rs 2 per liter
Kathmandu: Nepal Oil Corporation (NOC) has increased the prices of petrol, diesel, kerosene and domestic aviation fuel. On Monday evening, the Oil Corporation issued a statement raising the price of petrol by Rs 2 per liter, diesel and kerosene by Rs 9 per liter and domestic aviation fuel by Rs 5 per liter. With this… Continue reading NOC hike petrol price by Rs 2 per liter
NOC suggests govt to reduce fuel consumption
Kathmandu: Nepal Oil Corporation (NOC) has sent various 10-point proposals to the government to reduce fuel consumption. The corporation has sent a proposal to the Ministry of Industry, Commerce and Supplies to distribute up to five liters of fuel to motorcycles and up to 20 liters to cars and jeeps at a time to reduce… Continue reading NOC suggests govt to reduce fuel consumption