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Ministry cannot slash budget passed by Parliament: FM Mahat

Kathmandu, Feb 16: Finance Minister Dr Prakash Sharan Mahat has said the budget passed by the sovereign parliament could not be reduced. Organising a press conference at the Ministry today, Finance Minister Mahat refuted the news that the budget of the current fiscal year was cut and made it clear

Supervision consultant selected for Upper Arun Hydropower Project

The supervision consultant of the Upper Arun Hydropower Project, which is the biggest project of the country so far, has

Korean Language Test to begin on February 19

The Employment Permit Section Korea under the Department of Foreign Employment (DoFE) is conducting the Korean Language Test (KLT) from

Nepal Electricity Authority decides to open PPA for projects up…

The Nepal Electricity Authority (NEA) has decided to open power purchase agreement (PPA) for hydropower projects up to 10 megawatts.

Sugar industries facing sugarcane shortage in Nawalparasi

Sugar industries in Nawalparasi west have been facing shortage of sugarcane, the main raw material for the industries. As a

IMF team finds investment climate in Nepal’s energy sector

A team of the International Monetary Fund (IMF) has found investment-friendly environment in the energy infrastructure sector in Nepal albeit

Nepal Rastra Bank
Interest for institutional fixed deposit should be less than individual…

The Nepal Rastra Bank has made public the details of the mid-year review of the monetary policy of the current

Mid-term review of budget: Economic indicators seem positive

Finance Minister Dr Prakash Sharan Mahat has said that the country's economy indicators in the country have witnessed impressive growth

Government reduces estimate of revenue and expenditure by nearly 14%

For the current financial year, revised estimates is worth 87.38 percent of the initially allocated budget, i.e. 1530.26 billion rupees.

Commercial banks adjust interest rates for Falgun

The commercial banks of Nepal have announced revisions to their interest rate structures, effective from Falgun 01, 2080 BS. All