The government has lowered Nepal’s economic growth forecast for FY 2025/26 to 3.5 percent, down from the earlier six percent target. The Ministry of Finance cited reduced rice production, slower construction activity, and declining real estate transactions as key reasons in its mid-term review. Previously, growth was estimated at 4.6 percent in FY 2024/25, while the World Bank projects 2.1 percent growth this year.
Nepal’s stock market rebounded on Tuesday after falling for two consecutive sessions, with the NEPSE index rising 11.96 points to close at 2,578.73. Most subgroups posted gains, while...
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Ticket booking for passengers travelling to their hometowns for this year’s Dashain festival will open on October 9. A meeting held between the Federation of Nepalese National Transport...
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The Nepal Electricity Authority (NEA) has extended the Required Commercial Operation Date (RCOD) of 27 hydropower projects with a combined capacity of 540.47 MW, providing additional time to...
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Nepal Rastra Bank (NRB) has invited global tenders for the design, minting and transportation of coins in denominations of Re 1 and Rs 2. The Currency Management Department...
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Nepal imported more than 106 million kilograms of paddy and rice worth Rs 5.61 billion during the first two months of the current fiscal year, according to the...
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