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Draft of nat’l strategy against money laundering endorsed

The government has prepared a five-year strategy against money laundering. The first meeting of the Anti-Money Laundering Direction Committee today endorsed the draft of the "National Strategy and Action Plan for Fiscal Investment on Anti-Mo…

MCC Deputy Vice President Brooks calls on FinMin Pun

Visiting Deputy Vice President of Millennium Challenge Corporation (MCC), Jonathan Brooks, on Tuesday paid a courtesy call to Finance Minister Barsha Man Pun. The delegation led by Brooks called on the Minister at the latter's office at Singh…

Arun-3 hydro achieves breakthrough with completion of its tunnel

The tunnel of Arun-3 hydropower project with the capacity of 900 megawatts has achieved a breakthrough with the completion of its tunnel. The breakthrough was celebrated amidst a ceremony graced by the presence of Prime Minister Pushpa Kamal Daha…

Bidushi Rana appointed honorary consul general of Iceland to Nepal

Bidushi Rana has been appointed as the honorary consul general of Iceland to Nepal. Rana was appointed as the honorary consul general of Iceland to Nepal amidst a ceremony organized at the office of the Consulate General in Kathmandu on…

Budget receives mixed reactions from lawmakers

Lawmakers have given mixed reactions over the budget for the upcoming fiscal year. Taking part in general deliberations on the estimations of the government's income and expenditure for the fiscal year 2081-82 BS (2024-25) in a meeting of the…

Gold price Rs 142,000 per tola

The price of gold which hit the record high on Friday has slightly gone down today.  According to the Federation of Nepal Gold and Silver Dealers Association (FENEGOSIDA), the price of hallmark gold decreased by Rs 200 per tola and that of s…

NOC lashes price of petrol by Rs 3, diesel and kerosene Rs 1 per liter

Nepal Oil Corporation (NOC) has lashed the prices of petroleum products. According to a press note issued by the state oil monopoly on Friday, the NOC reduced the price of petrol by Rs 3 and diesel and kerosene by Rs 1 per liter. With the new …

Value of USD, Pound, Dinar up, Euro, AUD down

While the value of many currencies including USD, UK Pound, and Dinar have increased, that of Euro, AUD have decreased on Thursday. According to Nepal Rastra Bank, the buying price of 1 USD is Rs 133.06 and the selling price is Rs 133.66. The buy…

Budget is civic-friendly: FinMin Pun

Finance Minister Barsha Man Pun said the government has, through the budget for the upcoming fiscal year, initiated efforts for economic reforms of a new phase. In his address to a discussion on the budget for the fiscal year 2081-82 BS (2024-25)…

Govt targets to achieve 6 % economic growth rate in upcoming FY

The government has estimated an economic growth rate of 6 percent in the upcoming fiscal year and 5.5 percent of inflation. Unveiling the new budget for FY 2024/025 in the joint meeting of the federal parliament on Tuesday, Finance Minister Pun s…
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