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US provides Rs 79.71 billion grant to Nepal for its…

KATHMANDU: The United States of America is to provide $ 659 million (equivalent to Rs 79.71 billion) to Nepal for supporting its goal of graduating to a middle-income country. Mr. Ishwori Prasad Aryal, Joint Secretary and Head of International Economic Cooperation Coordination Division (IECCD), Ministry of Finance and Ms. Sepideh

Nepal Airlines
Wide-body aircraft successfully landed at country’s second international airport

The wide-body A-330 aircraft has successfully completed the ‘operational performance test flight’  at Bhairahawa-based Gautam Buddha International Airport that serves

Indonesia suspends all exports of palm oil

JAKARTA, April 28, 2022 (AFP) – Indonesia began imposing a complete ban on palm oil exports Thursday, as the world’s

Elon Musk to buy Twitter for $44B and take it…

Elon Musk reached an agreement to buy Twitter for roughly $44 billion on Monday, promising a more lenient touch to

Seventh agriculture census beginning from April 19

KATHMANDU: The seventh agriculture census is taking place from tomorrow (Tuesday). For the census that takes place every 10 years,

NRB
Remittance inflow decreases again, Balance of Payment deficit of Rs…

KATHMANDU: The Nepal Rastra Bank (NRB), the central bank of Nepal, has said that the country’s current economic situation is

Janardan Sharma
Finance Minister Sharma rules out economic crisis in country

KATHMANDU: Minister for Finance Janardan Sharma clarified that the national economy had not faced any crisis. “The country has not

Finance Minister Janardan Sharma (left) and Governor Maha Prasad Adhikari. (file photo)
Governor Adhikari suspended

KATHMANDU: The government has suspended Governor of Nepal Rastra Bank (NRB) Maha Prasad Adhikari. A Cabinet meeting on Thursday has

NRB
Overall economy not in tailspin: NRB

KATHMANDU: At a time when news reports have come, warning of economic slump in the country, the central bank of

Prime Minister Sher Bahadur Deuba
Prime Minister Deuba inaugurates Chobhar Dry Port

KATHMANDU: Prime Minister Sher Bahadur Deuba today inaugurated Chobhar Dry Port, built with the objective of facilitating the country’s international