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Country sees 5.44 percent annual average inflation last year

Kathmandu, Aug 18: Country's annual average inflation stood at 5.44 percent last fiscal year. The inflation remained within the expected ceiling. According to the Current Macroeconomic and Financial Situation of Nepal (based on annual data) unveiled by the Rastra Bank today, last year, imports decreased by 1.2 percent and exports

Economic Procedures and Fiscal Responsibility Bill registered in Parliament

Finance Minister Bishnu Prasad Paudel has registered the bill in Parliament last Friday with the aim of regulating the operation,

gold
Gold price reaches all-time high in domestic market

The price of gold which has been rising steadily in the international market as well has set a new record

FNCCI hails govt’s step to form Economic Reform Commission

The Federation of Nepalese Chamber of Commerce and Industries (FNCCI), the largest umbrella organization of Nepali commerce and industries, has

Commercial banks further reduce interest rates for Bhadra

Nepali commercial banks have published their interest rate effective from Bhadra 1, 2081 BS showing a reduction in interest rates

Gold price
Gold price decreased by Rs. 900 today

The gold price in Nepal have been fluctuating in recent days. However, the prices of hallmark gold reached to Rs.

Nepal Telecom’s net profit drops 16.44%

Nepal Telecom (NTC), the state-owned public entity, has released its fourth-quarter financial results for the fiscal year 2080/81, revealing a

Wet test of Seti River Hydro Power Project begins

The wet test of Seti River Hydro Power Project at Machhapuchre rural municipality in Kaski district has begun.

Supreme Court of Nepal
Supreme Court orders to draft law for management of stones,…

The Supreme Court has issued a directive order in the government to formulate necessary laws for the mining, sale and

Dhalkebar substation
Electricity substation built at Chaukha of Jajarkot

An electricity transmission line substation with a capacity of 33/11 kV has been constructed at Chaukha, Nalgad Municipality-12 of Jajarkot.