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Contractors demand price adjustment as costs surge, projects stall

Kathmandu, April 28: Construction entrepreneurs across Nepal have demanded immediate price adjustments in line with rising material and fuel costs, warning that the sector is nearing collapse. The Federation of Contractors’ Associations of Nepal (FCAN), Bagmati Province, has urged the government to intervene, citing sharp price hikes and supply shortages

NCC President Agrawal urges infrastructure push for import substitution

President of the Nepal Chamber of Commerce (NCC), Kamlesh Kumar Agrawal, has stressed that Nepal cannot achieve import substitution without

Nepal’s public debt nears Rs. 3 trillion amid rising borrowing,…

According to the Public Debt Management Office under the Ministry of Finance, total public debt reached Rs. 2,933.79 billion—an increase

Apex court backs NRB Rule: Big shareholders face blacklisting for…

Kathmandu, April 27: The Supreme Court of Nepal has upheld an important regulation of Nepal Rastra Bank, the central bank

Margin lending finally takes off as banks open the credit…

For instance, Naasa Securities has already mobilized Rs 300 million from Nepal Investment Mega Bank (NIMB), while Kohinoor Investment &

Nepal targets 7% growth, US$100 billion economy with major structural…

Nepal aims to achieve an average economic growth rate of 7%. Within 5 to 7 years, the goal is to

Banana: Farmers get just Rs 60 a dozen but it…

The banana farmers have been complaining that they are getting only Rs 60 per dozen of banana while the market

Chinese Ambassador calls on Minister Pokharel

Kathmandu, April 27: Chinese ambassador to Nepal, Chang Maoming today called on Minister for Education, Science and Technology, Sasmit Pokharel.

Iran offers to end chokehold on Strait of Hormuz and…

Iran also wants the U.S. to end its blockade of the country as part of its proposal, said the two

Trade unions urge government not to curtail their rights

Various trade unions active in the civil service sector have urged the government not to reduce trade union rights in