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WB and USAID providing around Rs. 100 billion aid to…

KATHMANDU: The country is receiving around Rs 100 billion international assistance at a time when the foreign currency reserve is under stress. The World Bank Group, International Development Association (IDA) is providing Rs 18 billion as concessional loan and the United States Agency for International Development (USAID) Rs 79.71 billion

Non Resident Nepali requesting for citizenship
NRNA to urge non-resident Nepalis to send dollars

KATHMANDU: The Non-Resident Nepalis Association (NRNA) is to hold interaction with the non-resident Nepalis regarding their support in easing the

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

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

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

Gyanendra Karki
Government approves several proposals put forth by China

KATHMANDU: The government has decided to approve the grant assistance and the technical assistance related to the feasibility study for

Upper Tamakoshi
Domestic investors keen on investing in Upper Arun

KATHMANDU: Domestic investors have expressed their willingness to invest in Upper Arun Hydropower Project if the government and promoter company