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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 under stress after remittance inflow decreased by nearly 3 percent in US Dollar term. Releasing the 8-month data of the current fiscal year, the NRB said that the remittance, the

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

Tourists in Ghodepani enjoying scenic beauty of Nepal. (file photo)
Tourism in Nepal snapping back into normalcy

-CB Adhikari/Achyut Regmi (RSS) KATHMANDU: One of the mainstays of Nepal’s economy-tourism- is gradually gaining normalcy after being battered by

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

Ministry of Labour, Employment and Social Welfare, Nepal
MoLESS proposes dozen points to increase remittance inflow

KATHMANDU: The Ministry of Labour, Employment and Social Security (MoLESS) has forwarded different proposals to encourage remittance inflow through formal

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

Elon Musk to join Twitter’s board

Elon Musk is joining Twitter’s board of directors a day after disclosing that the Tesla CEO took a 9% stake

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

Indian Prime Minister Narendra Modi
India’s exports rise to a record high of $418 billion…

India’s merchandise exports spurted to a record high of $418 billion in the financial year 2021-22 on account of higher

NOC
Supply of petroleum products eases following agreement

KATHMANDU: Supply of petroleum products in the local market has eased following an agreement between the protesting petroleum entrepreneurs and