Business & Economy

World Bank agrees to provide Rs 11 billion to Nepal Friday, July 12th, 2019

KATHMANDU: The World Bank (WB) has renewed its support to the Government of Nepal to strengthen the country’s efforts towards fiscal federalism and improving public financial management. The assistance is announced under the Second Programmatic Fiscal and Public Financial Management Development..

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Import begins from Nepal-China boarder Tatopani Thursday, July 11th, 2019

KATHMANDU: Goods imported from China have started entering Nepal through the Tatopani transit, the main border checkpoint with the northern neighbour. The Tatopani transit has been brought into operation a month back after a long closure due to the damage caused by the Gorkha earthquake of 2015..

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Nepal Airlines becomes top carrier for 2018

KATHMANDU: The national flag carrier, Nepal Airlines Corporation (NAC) has topped the list of the airlines carrying the most number of tourists into the country. According to Nepal Tourism Statistics 2018 released by the Ministry of Culture, Tourism and Civil Aviation here today, NAC stands in the..

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Nepal Stock Exchange index continues to decline Sunday, July 7th, 2019

KATHMANDU: The Nepal Stock Exchange (NEPSE) index declined in the very first transaction day of the week on Sunday. The NEPSE index slides by 4.45 points to 1,256.04 points today. In today’s transaction, sub-indices of banking, trading, hydropower, others’, microfinance and life insurance..

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Nepal’s gold demand declines by 75% Saturday, July 6th, 2019

KATHMANDU: Nepal's demand of fresh gold has declined by 75 per cent in the local market even in this wedding season. The demand has been affected in the current wedding season due to the significant rise in the gold prices, said Tej Ratna Shakya, a gold trader and special member of Federation of..

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Time to Bite the Bullet in Syria Friday, October 18th, 2019

Recent events in Syria have naturally raised two questions: Who lost the country? And where might the international community go from here? The first question is easier..

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