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Fitch affirms Nepal at ‘BB-‘; outlook stable (Read full commentary)

Hong Kong, 18 Nov: Fitch Ratings has affirmed Nepal's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook. A full list of rating actions is at the end of this rating action commentary. Key Rating Drivers Low Debt, Lagging Structural Features: Nepal's 'BB-' rating reflects its low

gold
Gold price drops Rs. 3,800 per tola, trading at Rs.…

The gold price drops Rs. 3,800 per tola today, Tuesday, and trading at Rs. 239,500 per tola. 

Returning charm of indigenous cuisine in Nepali hotels, restaurants

Back then, rice was believed to be the food of wealthy, while millet symbolised as poverty. In some places, people

Minister Ghising urges to finalize decision for Dudhkoshi Hydel Project

Minister for Energy, Water Resources and Irrigation Kulman Ghising has urged the Asian Development Bank (ADB) to sort out the

9.6-MW Daramkhola Hydropower begins power generation

The Daramkhola Hydropower Project in Baglung has commenced commercial electricity generation.

Electricity Commission endorses NEA’s decision to raise tariff dues

The Nepal Electricity Regulatory Commission (NERC) has upheld the decision of the Nepal Electricity Authority (NRA) regarding the dispute on

NRB
Remittance inflows increased 35.4% to Rs.553 billion in the three…

The Nepal Rastra Bank (NRB), the central bank of Nepal, has said that the current account and balance of payments

Study begins before fixing minimum support price for sugarcane

The government has begun preparations to set the minimum support price of sugarcane for this year 2082 BS.

Apple farming successful in Ghunsa and Phaletar

A trial of apple farming has been successful in Ghunsa and Phaletar under Faktanglung Rural Municipality of the district.

25 local levels without budget four months

Four months of the current fiscal year have passed but 24 local levels of Madhesh Province have not been able