Category: Finance

Kathmandu: India has decided to ban sugar exports from its country with effect from June 1. The Directorate General of Foreign Trade of India has decided to ban the export of sugar and all its raw materials from June 1 to October 31 (four months). Following the deterioration of the international supply chain due to… Continue reading India bans sugar export

Kathmandu: Airline operators have hiked air. Airlines have also increased fares after the government increased the price of air turbine fuel. Nepal Oil Corporation (NOC) had increased fuel price by Rs 10 per liter on Sunday. Along with this, the fare of Kathmandu-Dhangadhi has increased by Rs 445 the most. Similarly, the lowest fare of… Continue reading Airline operators hike airfare

Kathmandu: Nepal Oil Corporation (NOC) has again increased the price of fuel. Petrol, diesel and kerosene have been increased by Rs 10 per liter with effect from midnight on Sunday. Now a liter of petrol will cost Rs 180 while kerosene and diesel will cost Rs 163. The price of LP gas for cooking has… Continue reading Govt raise fuel price twice a week

Kathmandu: The government has again increased fares for public transport. The Department of Transportation Management issued a notice on Tuesday stating that the fare of passenger and freight vehicles of inter-province transportation has been increased. The government has decided to increase the vehicle fare after the Nepal Oil Corporation increased the price of fuel by… Continue reading Govt hike public vehicle fare

Kathmandu: A memorandum of understanding has been signed between the Nepal Electricity Authority (NEA) and the Sutlej Hydropower Corporation of India for the construction of the Arun-4 Hydropower Project. NEA Executive Director Kulman Ghising and Sutlej Chairman and Managing Director Nanda Lal Sharma signed the MoU in Lumbini on Monday in the presence of Prime… Continue reading NEA signs MoU for Arun-4 Hydropower Project

Kathmandu: The government has increased the prices of diesel, petrol and kerosene. Board meeting of Nepal Oil Corporation (NOC) has decided to increase the price of petroleum products by Rs 10 per liter. Now the retail price of petrol has reached Rs 170 per liter while the price of diesel and kerosene has been fixed… Continue reading NOC hikes fuel price soon after local election

Kathmandu: Nepal Airlines Corporation will operate commercial flights from Kathmandu to Gautam Buddha International Airport, Bhairahawa on Monday. According to the airlines, the narrow-body aircraft will be flown on Monday to promote Gautam Buddha International Airport. The airline has fixed two types of ticket prices for Kathmandu-Bhairahawa route at Rs 4,510 and Rs 7,040 respectively.… Continue reading NAC’s narrow-body aircraft to operate flights in Kathmandu-Bhairahawa-Kathmandu route

Kathmandu: The y-o-y consumer price inflation has stood at 7.28 percent in the ninth month of 2021/22 compared to 3.10 percent a year ago. According to a report published by the Nepal Rashtra Bank (NRB) food and beverage inflation stood at 7.40 percent whereas non-food and service inflation stood at 7.18 percent in the review… Continue reading Price inflation up by 7.28 pc

Kathmandu : The seventh national agricultural census has started. The first agricultural census in Nepal was conducted in 2018 BS. Since then, the agricultural census 2078, which has been conducted every 10 years, is being conducted across the country. This is the first time that a census has been taken after federalism . Earlier, the… Continue reading Agricultural census includes climate change for the first time

(BBC): The value of Bitcoin continued to fall over the weekend as it dropped below $34,000 (£27,630), according to the Coinbase cryptocurrency exchange. The world’s largest cryptocurrency by market value has now fallen by 50% since its peak in November last year. The slide in the value of digital assets comes as stock markets around… Continue reading Bitcoin value drops by 50% since November peak