Latest News
Nepal's Public Debt Nears Rs 3 Trillion, Tops 45% of GDP
Nepal's public debt climbed to Rs 2.97 trillion in FY 2082/83, reaching 45.07% of GDP, with more than 70% of newly borrowed funds used to repay existing loans, according to the Public Debt Management Office.
a month ago
Nabil Bank Wins Three Prestigious Euromoney Awards, Named Nepal's Best Bank
Nabil Bank has received three prestigious honors at the Euromoney Awards for Excellence, earning recognition as Nepal's Best Bank, Best Bank for ESG, and Best Bank for SMEs for its strong financial performance, digital innovation, and commitment to sustainable banking.
a month ago
Arghakhanchi to Recruit ‘Monkey Watchers’ to Protect Crops from Wildlife Damage
To reduce crop losses caused by monkeys, the Division Forest Office in Arghakhanchi has announced the recruitment of 20 "Monkey Watchers" for deployment in 26 highly affected areas across the district.
a month ago
Finance Minister Urges Tax Officials to Win Taxpayers' Trust, Not Collect Revenue Through Fear
Finance Minister Dr. Swarnim Wagle has instructed tax officials to adopt a taxpayer-friendly approach, emphasizing voluntary tax compliance over coercion to achieve the government's Rs 1.6 trillion revenue target.
a month ago
Nepal's Trade Deficit Widens 16.63% as Imports Continue to Outpace Exports
Nepal's foreign trade reached Rs 2.096 trillion in FY 2082/83, but a sharp rise in imports pushed the country's trade deficit up by 16.63% to Rs 1.781 trillion, according to the Department of Customs.
a month ago
IPO Approvals Remain Stalled Despite New SEBON Leadership; 104 Companies Await Clearance
A month after a new leadership took charge at the Securities Board of Nepal (SEBON), the approval process for initial public offerings (IPOs) remains stalled. Currently, 104 companies seeking to raise over Rs 69.30 billion are awaiting regulatory approval.
a month ago
PM Balen Denies Rift with Finance Minister Amid Private Sector Meetings
The Prime Minister's Office and the Ministry of Finance have dismissed speculation of a rift between Prime Minister Balen Shah and Finance Minister Dr. Swarnim Wagle, saying all economic decisions and meetings with the private sector are being conducted in close coordination.
a month ago
'Regular Cargo Rail Depends on Lower Costs,' Says Industrialist Suyash Pakurel
Industrialist and former Morang Industrial Organization President Suyash Pakurel says the commercial launch of Biratnagar's cargo rail service is a historic milestone, but warns that lower handling charges and competitive pricing are essential for its long-term sustainability.
a month ago
NEPSE Falls 13.95 Points Despite Rs 5.18 Billion Turnover
The Nepal Stock Exchange (NEPSE) declined by 13.95 points (0.51%) on Wednesday to close at 2,712.54, with investors trading shares worth Rs 5.18 billion across 346 listed companies.
a month ago
SEBON Cancels Fixed Deposit Investment Process
The Securities Board of Nepal (SEBON) has cancelled its previously announced process to invest endowment funds and other investable resources in fixed deposit accounts, citing special circumstances.
a month ago
Over 3,000 Apply for Just 13 Ambassador Posts in Nepal
More than 3,000 applicants have applied for 13 ambassador positions as Nepal launches its first-ever open and competitive ambassador selection process, with the government set to begin preliminary screening next week.
a month ago
Gold Prices Soar to Rs 291,000 Per Tola
Gold and silver prices recorded a sharp increase in Nepal on Wednesday, with gold rising by Rs 5,400 per tola and silver gaining Rs 110 per tola, according to the Federation of Nepal Gold and Silver Dealers' Association.
a month ago