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WTO sees 'subpar' 2023 global trade growth

The World Trade Organization said Wednesday that 2023 global trade growth would be slightly better than feared, but would remain "subpar", weighed down by the Ukraine war and stubbornly high inflation. Presenting their annual trade fore…

Huawei to build a Smart Talent Ecosystem in South Asia

Huawei has planned to develop 50,000 ICT talents in South Asia in the next five years. The strategy will include various programs like building ICT academies, different ICT and startup competitions, online course enrollment, fresh employee recruitme…

Foreign currency lying idle in Lumbini to be exchanged

The foreign currency notes left as offerings by the visitors in Lumbini are to be now exchanged. Nepal Rastra Bank (NRB) Siddharthanagar and Lumbini Development Trust (LDT) have signed an agreement on exchanging the foreign currency notes, which …

Expedite construction of Chuhandanda Airport without delay: Urban Minister Gurung (with video)

Minister for Urban Development Sita Gurung has urged Tourism Minister Sudan Kiranti to take forward the construction work of Chuhandanda Airport without further delay. Minister Gurung along with people's representatives from the district comp…

Economic growth expected to be at 4.1% in 2023, inflation at 7.4

The Asian Development Bank (ADB) has projected a 4.1 percent economic growth rate in Nepal in 2023 while inflation is forecast to be at 7.4 percent. According to the Asian Development Outlook (ADO) April 2023, Nepal's economic growth rate is …

Oil prices across the globe surge

At a time when Nepal Oil Corporation NOC has sliced the price of petroleum products, oil prices across the globe have surged after several of the world's largest exporters announced surprise cuts in production. The price of Brent crude oil is…

Petroleum products' price goes down

The government has slashed the price of different petroleum products from Monday midnight.   According to the Nepal Oil Corporation (NOC), price of diesel, kerosene and aviation fuel decreased by Rs 10 per liter while petrol's price…

Fire at Mahindra servicing center in Kupandol, 7 vehicles burnt

A fire has broke out at Mahindra's servicing center at Kupandol in Lalitpur. Lalitpur Police Chief SSP Siddhi Bikram Shah informed Nepalkhabar that the fire broke out at 4:40 am on Monday. According to him, the inferno was immediately brou…

Improving crisis-ridden economy is my priority: FinMin Mahat

Finance Minister Dr Prakash Sharan Mahat has said improving the crisis-ridden economy is his priority and commitment. Speaking in a meeting with a delegation of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) here today, …

Nepse index drops 20 points to close at 1,888.55

The Nepal Stock Exchange (NEPSE) index today dropped 20 points to close at 1,888.55 points on the first trading day. Over 3.7 million shares of the total 260 listed companies were traded at over Rs 1.20 billion.  The sub-index of all groups …
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