Business & Economy

Nepal Stock Exchange posts over 2 per cent gain Saturday, May 18th, 2019

KATHMANDU: This week the benchmark capital market index Nepal Stock Exchange, (NEPSE) increased by 2.07 per cent. The NEPSE index which opened at 1291.96 points on Sunday increased by 26.21 points over the week to close at 1318.71 points on Thursday, the last day of transaction of the week. The..

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Finance Committee Endorses Report On Budget

KATHMANDU: The Finance Committee under the House of Representatives has endorsed the report containing suggestions collected from various parts of the country on the upcoming budget. The 22-point report passed by the Committee's meeting on Saturday comprises budget's priority areas ranging from..

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Nepal’s Trade deficit jumps up 24 per cent Thursday, May 16th, 2019

Krishna Raj Gautam, KATHMANDU: Nepal has seen ballooning trade deficit of billions of rupees annually as it failed to adopt export-oriented economic policy. As per the preliminary statistics released by Trade and Export Promotion Centre, the trade deficit has now reached to Rs 887 billion..

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International Gems and Jewelry Fair from May 17 in Nepal

KATHMANDU: An international-level Gems and Jewelry Fair is taking place for the first time in Nepal with the participation of the government. The event to be organised by the Department of Mines and Geology under the Ministry of Commerce and Supplies, will be supported by the Federation of Nepal..

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Nepal-India franchise expo from today Tuesday, May 14th, 2019

KATHMANDU: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) is organizing the 'Nepal-India Franchise Investment Expo and Conclave" from Wednesday. The Embassy of India and Franchise India have supported the 2-day expo that will be organised at Hotel Yak and Yeti. Prime Minister..

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Can the Belt and Road Become a Trap for China? Wednesday, May 22nd, 2019

Critics often claim that China is using its massive “Belt and Road Initiative” as a form of coercive “debt-trap diplomacy” to exert control over the countries..