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NEA to invest Rs 3 billion for cross border transmission…

Kathmandu, Nov 21: The Nepal Electricity Authority (NEA) is investing Rs 3 billion for a joint venture to be established for the development of two cross border transmission lines. The NEA and India's Power Grip Corporation with have their investments in the JV, according the Ministry of Energy, Water Resources

Investment Board approves Betan Karnali’s finance model

The Investment Board Nepal (IBN) has approved investment for the Betan Karnali Semi-Reservoir Hydropower Project (439 MW) to be developed

NRB
Experts warn of escalating liquidity crisis amid weak policy response

Multiple factors are believed to have contributed to the prevailing liquidity shortage, including reduced government expenditure, delays in budget implementation,

Gen Z damage rebuild fund sees poor response despite govt…

The Physical Infrastructure Reconstruction Fund, established by the government to rebuild damaged physical structures during the Gen Z movement, has

Slight increase in gold and silver price

Kathmandu, Nov 20: The fluctuation in the price of gold and silver in the international market has its impact in

MCC
MCC funding Nepal additional USD 50 million

The Government of Nepal and Millennium Challenge Corporation (MCC) have announced an additional grant financing of 50 million US dollars

KMC amasses over Rs 3.22 billion in revenue to date

The Kathmandu Metropolitan City (KMC) has reported a revenue collection of over 3.22 billion by the end of Kartik (November

Gold price
Gold price increases Rs. 2800 per tola today

According to Federation of Nepal Gold and Silver Dealer's Association, the gold is trading at Rs. 242,300 per tola. 

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

Fitch Ratings has affirmed Nepal's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook.

Area under paddy cultivation declines, productivity up

Although the area under cultivation has decreased in recent years in the Sudurpaschim Province, the productivity has increased.