Bangladesh agrees to buy 40 MW of electricity from Nepal
Bangladesh has agreed to purchase 40 MW of power from Nepal. Bangladesh agreed to purchase 40 megawatts of electricity at...
DoTM reduces transport fares for long distance passengers
The government has reduced the fares of long-distance passengers and freight vehicles. The Department of Transport Management (DoTM) has announced...
Economic growth of all seven provinces to slump this year
Bagmati Province is projected to achieve the least economic growth rate in the current fiscal year. According to the data...
IFC approves loan of US$ 55 million to SBL
International Finance Corporation (IFC) has approved a loan of US $55 million to Siddhartha Bank Limited (SBL). It is perhaps...
‘Coordination between fiscal, monetary policies necessary’
Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari has said that coordination between the fiscal policy and the monetary policy...
GBIA without international flights again
Bhairahawa's Gautam Buddha International Airport (GBIA) is once again without international flights after Jazeera Airways decided to stop flying to...
Sajha Yatayat begin plying Patan-Jorpati route with e-buses
Sajha Yatayat is expanding its electric bus (e-buses) service on a new route in Kathmandu. Sajha Yatayat has started to operate...
FDI commitment down by 14% in the first 10 months of FY
Nepal received foreign direct investment (FDI) commitment worth Rs 29.74 billion in the first 10 months of the current fiscal...
Government expenditure surpasses its revenue collection
Fiscal deficit is increasing as the government’s revenue collection is lower than its expenditure. According to the Financial Comptroller General's...
‘Public borrowing being used in unproductive spending’
Economists and former bureaucrats have cautioned the government that the amounts realized in public borrowing are not being spent in...
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