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Budget deficit crosses over Rs 1.56 trillion in eight months

The government of Nepal's budget deficit as of eight months of the current fiscal year 2022/23 has surpassed Rs 156 billion 440 million, according to the details unveiled by the Financial Comptroller General Office (FCGO). The government has …

Businesspersons withdraw protest programs

Businesspersons who were protesting against high interest rates of Banks and Financial Institutions BFIs have withdrawn their protest program. The business sector had formed the Bank and Financial Problems Struggle Committee and waging different …

BFIs reduce interest rate

Banks and financial institutions (BFIs) have decided to implement the decision to reduce the interest rate beginning from Wednesday. Earlier, Nepal Bankers' Association, an umbrella organisation of commercial banks, agreed to reduce the premi…

Tourism Minister visits Bharat Lake, rides boat with locals (with video)

Minister for Culture, Tourism and Civil Aviation Sudan Kiranti, who came to Sarlahi, visited the local 'Bharat Lake' on Sunday. He took a Jet Boat ride along with the common people and took a trip to the lake. Bharat Lake, which spreads o…

CCPIT Vice Chair Zhang, Industry Secy Marasini hold meeting

Zhang Shaogang, Vice Chairman of the China Council for the Promotion of International Trade (CCPIT) and Madhu Kumar Marasini, secretary at the Ministry of Industry, Commerce and Supply have held a meeting on Monday. “The two leaders in the …

Export and import decline in first seven months of current fiscal year

Both export and import have decreased in the first seven months of the current fiscal year 2022/23. This is stated in the Current Macroeconomic and Financial Situation, based on seven months' data ending mid-February, released by Nepal Rastra Ba…

Forex reserves improves in first seven months of current fiscal year

A significant improvement has been noticed in the country's foreign currency reserves in the first seven months of the current fiscal year. Till the end of last fiscal (2021-22), the total forex reserves was calculated at Rs 1215.80 billion a…

​​​​​​​Chinese CCPIT Vice Chair Zhang arrives Nepal

Zhang Shaogang, Vice Chairman of the China Council for the Promotion of International Trade (CCPIT) has arrived on a three-day visit to Nepal. Chinese Embassy in Kathmandu, in a press note on Sunday, said CCPIT Vice Chairman Ahang has arrive…

Chinese tourists to visit Nepal from March 15

The second batch of outbound group tours for Chinese citizens to Nepal is set to resume from coming Wednesday. Chinese Ambassador to Nepal Chen Song said the outbound group tours for Chinese citizens to Nepal will start from March 15, 2023. …

China unveils list of 40 countries for outbound tours

China has released the list of second batch of countries to resume outbound group tours. According to the news released by the official Weibo @文旅之声 of the Ministry of Culture and Tourism, China has listed a total of 40 countries in…
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