Three different data on foreign trade

Three responsible government bodies have created confusion publishing three different data on the country’s overall foreign trade.

Automatic pricing for fuel starts

The government has implemented automatic pricing system to ensure easy supply of petroleum products and control the escalating loss of…

Nepse rises ahead of Dashain

The Nepal Stock Exchange (Nepse) index has started to rise with the Dashain holiday approaching as it will take time…

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Break through in Super Six project

The 23.5 MW Solu Hydropower Project has become the first to make arrangements for investment out of the Super Six Projects for which the government issued generation license through free competition. Nine commercial banks have signed agreement for loan investment of Rs 3.07 billion for the Rs 4.10 billion project.…

Stop exploitation of consumers

The main festival of Nepalis, Dashain, has arrived. Everyone—rich of poor—shops according to their capacity for the festival known for eating delicacies and wearing new clothes. Clothes, shoes and food are mainly bought during the festival but the festival in recent times is also becoming an opportunity to buy other…

Mechanization of agriculture

There has been massive change in the structure of Nepali economy in the past three decades. While the agricultural sector used to contribute over 50 percent to the gross domestic product three decades ago, it has now shrunk to around 35 percent. The service sector now contributes 52 percent while…

Urgency for budget discussions

We talk big about development every day but the annual budget, that comes with the framework of that development and annual programs, has remained stranded in the parliament for more than two months. Finance Minister Ram Sharan Mahat had presented an annual budget of Rs 618.10 billion to the parliament…

Continuation of investigation of corruption

Corruption is getting institutionalized in Nepal by the day. Corrupt activities have been rising in lack of effective implementation of anti-corruption acts and laws, and weakness of anti-corruption bodies. It has already been proved that such activities cannot be controlled by efforts of anti-corruption investigation agencies alone, and the judiciary…
Working plan for Pancheshwore soon

Both Nepal and India have agreed to move the much-awaited Pancheshwore Multi-purpose Project forward.

Rs 120 b for laying Bara-Nawalparasi railway line

The detailed project report (DPR) prepared by the Korean consultant has put the cost of laying 127-kilometer railway line from Simara of Bara to Tamsaliya of Nawalparasi at Rs 120 billion.

Compensation before construction of projects

Those providing land for development of projects will now get compensation before start of construction work as per the Land Acquisition for Infrastructure Development Projects, Resettlement and Rehabilitation Regulations 2014 prepared by…

IB approves PDA for Upper Karnali

The Investment Board (IB) has approved a reformed project development agreement (PDA) with GMR Energy Limited of India for 900 MW Upper Karnali Project after continuous efforts since 2013.

Govt to acquire land amicably

The government is set to implement development projects only after guaranteeing livelihood of the citizens at a time when there has been delay in public construction due to dispute about land acquisition.