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Business

Only private sector can meet the target of generating 28,000 MW in 10 yrs: Ghising

Nepal Electricity Authority (NEA) Managing Director Kulman Ghising has said that only the private sector can meet the target of generating 28,000 megawatts of electricity in the next 10 years. Speaking at the pre-budget discussion held in Ka…

Ncell launches ‘Always On’ based on 5G vision

Ncell, a major foreign investor in Nepal, has unveiled an exciting scheme called ‘Always On’ based on 5G vision. Along with this, Ncell has stated that now the customers will not have to face the problem of pesky balance deductions on…

16th Five-Year Plan sets target of 7.3 % economic growth and US $2,351 per capita income

The 16th Five-Year Plan has been made public after it was endorsed by the Council of Ministers. According to the 16th Fifth-Year Plan, the economic growth is projected to reach at 7.3 percent in the fiscal year 2085/086. The current economic g…

Gold price up by Rs 1000 per tola

The price of gold has increased by Rs 1,000 per tola today (Wednesday). According to the Federation of Gold and Silver Dealers Association (FENEGOSIDA), the price of gold is set for Rs 138,400 per tola today. The price of hallmark gold was Rs …

Budget will be announced in line with govt policies and programs: FinMin

Minister for Finance Barshaman Pun has said that the budget for the upcoming fiscal year will be brought to implement the government's policies and programs announced on Tuesday. Talking briefly to the media after the announcement of the upco…

Govt to undertake legal, policy intervention to address cooperative issues

The government has pledged to take necessary initiatives to address issues in the banking, financial institutions, microfinance, and cooperative sectors.  The government assured of this in its policies and programs for the upcoming fiscal ye…

Swedish delegation attending EU-Nepal Business Forum

Non-resident ambassador of Sweden to Nepal, Jan Thesleff, is visiting Kathmandu from May 14 to 17 together with representatives from Swedish businesses and government officials from the Swedish Energy Agency. During his visit, Ambassador Thesleff…

Minister Bhandari urges Chinese to invest in Nepal

A team of investors from China called on Minister for Industry, Commerce and Supplies Damodar Bhandari today. In the meeting held at the Ministry of Industry, Commerce and Supplies in Singha Durbar, Minister Bhandari urged the Chinese investors t…

President approves resignation of Economic Advisor Nepal

The resignation tendered by Chiranjeevi Nepal, the Economic Advisor to President Ramchandra Paudel, has been approved. President Paudel on Saturday approved the resignation submitted by Nepal, the Office of the President said in a press note issu…

Private sector seeks PM's support for regular flights at GIA

The private sectors in Bhairahawa have sought Prime Minister Pushpa Kamal Dahal's support in operating regular flights at Gautam Buddha International Airport (GIA). The Siddhartha Industry and Commerce Association here drew PM Dahal's att…
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