The two major donor financial institutes -- World Bank (WB) and Asian Development Bank (ADB) -- are jointly making investments in the Upper Arun hydroelectricity project with the capacity of 1,063-megawatts and Dudhkoshi hydropower project.
This …
With only 19 days to go before the Nepal Investment Summit 2024, the preparations have reached the final stage.
The committee formed to select and showcase projects led by chief secretary Baikuntha Aryal has said the work has reached the final st…
The representatives of billionaire Gautam Adani, chairman of Adani Group, who is considered close to the Prime Minister of India, Narendra Modi, have arrived in Nepal.
This group, which has been investing in large infrastructure in…
The Red Bull production has started in Nepal from today (Tuesday) four years after the government put a ban on its import.
The production of energy drinks has started with the investment of 2 billion rupees by Khetan Group. Finance Minister …
The Ministry of Finance has set targets for the Department of Customs and the Department of Inland Revenue (IRD) to collect revenue for the fiscal year 2023-24.
The ministry has informed that the revenue target presented through the budget for th…
Nepal's assessment in the case of money laundering is being reviewed in Canada. The final review is currently being done in Canada and the report will be published in the next two months.
Many countries including Nepal are undergoing an asses…
A historic understanding reached between Nepal and India during Prime Minister Pushpa Kamal Dahal's four-day official visit to the southern neighbor has entered the cabinet of India.
During the official visit to New Delhi, a preliminary agree…
Born in Kamal Rural Municipality-1 Jhapa, Ganesh Karki did his School Leaving Certificate (SLC) from Dharan.
Karki came to Kathmandu in 2041 BS and has been involved in business for the last 39 years. He started his business by spinning carpet ya…
Gautam Adani Group, one of the richest conglomerates in the world, has started discussions about investing in Nepal. The group has initiated discussions with Nepali companies to invest in various projects.
The Adani Group has no investment in Nep…
Finance Minister Dr. Prakash Sharan Mahat has presented a budget of 63 billion more than the ceiling given by the National Planning Commission (NPC) in the fiscal year 2023/24.
The NPC had said that resources of 16 trillion 88 billion rupees coul…