Business & Economy


Construction of Khanikhola hydel project reaches final stage Sunday, June 16th, 2019

DOLAKHA: Construction of the Khanikhola-1 hydropower project has reached the final stage. Almost 85 per cent work of the 40-megawatt hydropower project located at Marbu of Gaurishankhar Rural Municipality has completed. Green Life Hydropower Limited has been developing the Hydroelectric Project..

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State-2 government brings over Rs 38 billion budget

JANAKPUR: Minister for Economic Affairs and Planning Bijaya Kumar Yadav presented budget for the fiscal year 2019/20 at the meeting of the province assembly today. The budget amounts to over Rs 38 billion which has accorded highest priorities to modernization of agriculture, irrigation facilities,..

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Rs 36.41 billion budget in State-5

BUTWAL: Chief Minister of State-5 Shankar Pokharel, also the Minister for Economic Affairs and Planning presented a budget of Rs 36.41 billion for the fiscal year 2019/20, in state assembly meeting today. The budget includes Rs 13.45 billion towards recurrent and Rs 18.57 billion towards capital..

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Rs 34.50 billion budget of Karnali State

SURKHET: Minister for Economic Affairs and Planning of Karnali State, Prakash Jwala presented a budget of Rs 34.35 billion for the fiscal year 2019/20, in provincial assembly meeting on Sunday. The budget includes Rs 13 billion towards recurrent and Rs 21.29 billion towards capital..

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Nepal capital market index declines for second consecutive week Saturday, June 15th, 2019

KATHMANDU: The benchmark capital market index, NEPSE, has continued to decline for the second consecutive week after the introduction of the coming fiscal year’s federal budget. This week, the NEPSE index declined by 14.96 points (1.16 per cent) to close at 1269.63 points on Thursday, the last..

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Budget enough to upgrade road sections: Dr Khatiwada

RASUWA: Minister for Finance Dr Yuba Raj Khatiwada has said there was adequate budget allocated for upgrading Ramche-Mulkharka road section. At an interaction with local body representatives here today, Minister Khatiwada clarified that the government had enough budget to upgrade various road..

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Nepal, UAE sign MoU on migrant workers

Ashok Ghimire, KATHMANDU: Nepal and the United Arab Emirates (UAE) have signed a memorandum of understanding on migrant workers amidst a special function in Geneva today. The Minister for Labour, Employment and Social Security, Gokarna Bista, and UAE Minister for Human Resources, Nasser Thani..

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National conference on economic development to kick off today Thursday, June 13th, 2019

BHAKTAPUR: A two-day national conference entitled 'Role of management in economic development' is taking place in Bhaktapur today. Khwopa College Bhaktapur is organizing the event with the assistance of University Grant Commission. Rupak Joshi, principal of the host college, shared that it is the..

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Chitwan becomes self-sufficient in milk

CHITWAN: Chitwan which contributes largely to the poultry production at home, has now become fully sufficient on milk production as well, a study shows. The three-month-long joint study conducted by the Veterinary Hospital and Livestock Service Experts Centre, Chitwan and Chitwan Milk Producers'..

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Nepal Labour Minister Bista calls on his counterparts Tuesday, June 11th, 2019

GENEVA: Minister for Labour, Employment and Social Security Gokarna Bista held bilateral talks with his counterparts from various countries, at the sidelines of the centennial celebrations of International Labour Organisation in Geneva, Switzerland today. On the occasion, Minister Bista met with..

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