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Budget speech for fiscal year 2023/24 begins (live)

The budget speech for the upcoming fiscal year 2023/24 has started in the Federal Parliament. Finance Minister Dr. Prakash Sharan Mahat is delivering the budget speech in the joint house of the Federal Parliament. There is a constitutiona…

Govt unveiling fiscal budget 2023/24 today

The government is unveiling the budget for the fiscal year 2023/24 today (Monday). According to the constitutional provisions, the government is announcing the budget today on May 29 (Jestha 15). Finance Minister Dr. Prakash Sharan Mahat will …

Govt receives Rs 6 bln dividends from public corporations

The government has received 6 billion rupees in dividends from public corporations this year. After the production institutions are closed, service-based business corporations are operating. The institutions gave Rs 6 billion in dividends afte…

Nepal to seek clarification from China Power Company on Tamor

The Nepal government has decided to seek a clarification from the Chinese company responsible for the development of the Tamor hydropower project. This decision was taken by a meeting of the Investment Board of Nepal (IBN) held at Singh…

India sets condition of ground handling of Kathmandu and Bhairahawa for providing air routes

India has put forward a condition that it should be given the responsibility for ground handling of Nepal's international airports if it is to provide air routes to Bhairahawa and Pokhara International Airports. While Nepal is trying to final…

Rohto Mentholatum National Dealers’ Meet 2023

Rohto Mentholatum Nepal has held its National Dealers’ Meet and product launch program. Held in the capital city of Kathmandu recently, more than 200 dealers from across Nepal participated in the event. Rohto Nepal launched its new …

Bagmati Province to present policies, programs for next FY on May 28

The Bagmati provincial government is set to table its policies and programs for the next fiscal year, 2023/24 on coming May 28. Chief of the Province Yadav Chandra Sharma on behalf of the provincial government will present the policies and progra…

NAC to operate flights to Sydney from June 21

The national flag carrier, Nepal Airlines Corporation, has secured slots at Sydney airport of Australia. Sydney airport has given permission and slots to NAC for two flights in a week—Thursday and Saturday.  After receiving the permiss…

Govt to take loan of Rs 15.8 billion from World Bank

The government has decided to take a loan of Rs 15.8 billion from the World Bank. The cabinet meeting held on Tuesday decided to accept a loan assistance of 120 million US dollars (15.8 billion rupees) from the World Bank. The government is go…

Nepal's public debt exceeds Rs 2150 billion

Nepal's public debt liability has exceeded Rs 2150 billion. According to the Public Debt Management Office, Nepal has been obliged to pay its public debt amounting over to Rs 2154 billion and 123.9 million, including Rs 1083 billion 473.9 millio…
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