NRB is going to withdraw an additional 40 billion rupees from the banking system on Sunday, Magh 13. To manage excess liquidity, NRB is going to an additional amount Rs 40 billion from the market for 21 days using a bidding system. The central bank has stated that he bidding will be conducted via the […]
Read MoreA wildfire that began on Tuesday in the Chisapani Community Forest, located at the border of Khanikhola and Bethanchowk Rural Municipalities, has spread to three additional community forests, remaining uncontrolled for four days. Originating in Khanikhola-1’s Tham Lek, the fire has advanced to the boundary areas of Bethanchowk-1, 2, 3, and 5. While the fire […]
Read MorePrime Minister KP Sharma Oli has said that the government has forwarded the plans to make the roads safe by constructing tunnel ways. Writing on his social sites after the breakthrough of the Siddhababa Tunnel Way on Friday, the PM said the government has forwarded plans to make the roadways safe by developing the tunnel […]
Read MoreThe International Monetary Fund said on Wednesday that Nepal’s economy is expected to grow at a pace exceeding 4 percent in the current fiscal year, primarily supported by substantial public capital expenditure, including post-flood recovery and reconstruction efforts. The IMF has trimmed the World Bank’s growth forecast following the damage caused by the late September […]
Read MoreAre you craving adventure in the heart of the Himalayas? The Annapurna Base Camp (ABC) Trek offers you the perfect opportunity to explore one of the most breathtaking trekking regions in Nepal. Whether you’re an avid trekker or a beginner, this journey promises stunning landscapes, an unforgettable cultural experience, and, of course, awe-inspiring views of […]
Read MoreThe Mechi Customs Office reported a 55.70 percent rise in tea exports over the past six months of the current fiscal year 2081/82, with the export value reaching nearly Rs 3 billion during the period from Nepali months of Shrawan to Poush. According to Information Officer Ganapati Kandel, a total of 11,232 metric tons of […]
Read MoreNepal has sharply increased Everest climbing permit fees and introduced a slew of measures aimed at controlling garbage pollution and preventing accidents on the planet’s tallest peak. Under the revised rules, every two climbers must hire a guide to climb any mountain over 8,000 metres, including Everest. The revisions, which were approved in the Cabinet […]
Read MoreNepal Finance Minister Bishnu Prasad Paudel claimed that the country’s economy was moving towards improvement in comparison to the past with the reform efforts yielding results. The economic indicators have shown gradual improvement of country’s economy, Minister Paudel said at a press meet and interaction organized here today by the Finance Ministry. “We have not […]
Read MoreNepal Rastra Bank (NRB) is set to draw liquidity due to excess liquidity in the banking system. NRB is set to draw liquidity worth Rs 40 billion on Wednesday for 21 days through the deposit collection instrument auction. The bank has been continuously withdrawing liquidity since the beginning of the current fiscal year due to […]
Read MoreNepal Prime Minister K P Sharma Oli on Friday said the government has prepared a roadmap for generating 28,500 MW of electricity by 2035. Nepal currently generates around 2,500 MW of hydro power. Addressing a programme organised by Independent Power Producers’ Association Nepal (IPPAN) to commemorate its silver jubilee in Kathmandu, Oli said there was […]
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