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Inflation hits 8.19 percent: NRB

The inflation based on Consumer Price Index on the year-on-year basis has reached 8.19 percent until September 17, states the Current Macroeconomic and Financial Situation Report unveiled by Nepal Rastra Bank (NRB). The government has aimed to co…

Remittance up 22%, Rs 228.37 bln received in first two months of current FY

Nepal Rastra Bank (NRB) has informed that remittance inflow has increased by 22.1 percent in the first two months of the current fiscal year compared to last year. Nepal has received Rs 228.37 billion rupees between mid-July t…

Food Management and Trading Company brings goats (photos)

The Food Management and Trading Company Limited has fixed the price of he-goats and mountain goats that it is selling from Tuesday for this year's festivals. The Company has said that the price of live he-goats is fixed at Rs 680 per kg and t…

Price of petrol down by Rs 11 and diesel Rs 5 per litre

Nepal Oil Corporation (NOC), the state oil monopoly, has reduced the price of petrol and diesel with effect from Sunday midnight. According to the NOC, the price of petrol has gone down by by Rs 11 per litre and that of diesel by Rs 5 per litre.&…

Daraz brings South Asian female cricketers one step closer to their dreams

Daraz, the Official E-commerce Platform of the 19th Asian Games Hangzhou, has successfully concluded its youth empowerment activation by sponsoring a full-expenses paid trip for three aspiring female cricket athletes from Bangladesh, Sri Lanka and N…

Tourists elated as internet installed at Tilicho Lake

Internet has been made available at Tilicho Lake which is situated at an altitude of 4,919 meters in Manang district. The internet has been made available in view of providing internet to the tourists who come to visit this lake.   Cholpa…

WB positive to provide concessional loan of Rs 130 billion

The World Bank is positive to provide concessional loan of Rs 130 billion for Upper Arun Hydropower Project. The WB indicated to provide the concessional loan for the project during the meeting of its office-bearers with Finance Minister, Dr Prak…

Kathmandu Marriott holds Thangka Ceremony

Kathmandu Marriott has organized a Thangka ceremony in order to preserve the Buddhist culture. “The event was held at the vibrant Naxal Square of Kathmandu Marriott on Thursday to mark the deep sense of spirituality and profound cultur…

Nepal trails behind many countries in 13 global indices

Nepal has lagged behind many other countries across the world in major 13 global indices. Out of 193 countries, Nepal is seen to be trailing behind many countries in 13 major indices, according to the Federation of Nepalese Chamber…

FinMin Dr Mahat off to Morocco for WB's annual meeting

Minister for Finance Dr Prakash Sharan Mahat has left for Morocco to participate in the annual meeting of the World Bank. The annual meeting will discuss on the issues of global concerns, including global economic perspectives, global fiscal stab…
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