• Friday, 29 May 2026

Economy projected to grow by 7 per cent

Butwal-Pokhara road section to be upgraded as expressway

Similarly, the construction of Mugling-Ambukhaireni section will be started soon. The 40 kilometers of road under Nagdhunga-Mugling section will be upgraded and Nagdhunga tunnel will be put into operation from coming July.

Concession on electricity tariff to promote manufacturing sector

"We will arrange for concession on electricity tariff by reviewing power demand fee so as to enhance competitiveness of the manufacturing industry. Industrialist can mortgage their structure built in special economic zone, leased land or industrial estate," said the Finance Minister in his budget speech.

Dust free, pothole free urban roads

The government has decided to ensure dust free, pothole free urban roads. Finance Minister Dr. Swarnim Wagle said so while presenting the annual budget for fiscal year of 2026/027 at the joint meeting of the federal parliament- the House of Representatives and the National Assembly.

Nutrition allowance to Dalit children doubled

The government has increased the nutrition allowance to the school going children of the dalit community by two folds to Rs. one thousand a month.

Nation

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Butwal-Pokhara road section to be upgraded as expressway

Similarly, the construction of Mugling-Ambukhaireni section will be started soon. The 40 kilometers of road under Nagdhunga-Mugling section will be upgraded and Nagdhunga tunnel will be put into operation from coming July.

Railway from Bardibas to Nijgadh to be sped up

Presenting the annual estimates (budget) of revenue and expenditure for the fiscal year 2026/27 in the joint meeting of the federal parliament today, Finance Minister Dr Swarnim Wagle said that the government will expedite construction of railway line from Bardibas to Nijgadh, the entry point of Kathmandu-Terai Madesh fast track.

Concession on electricity tariff to promote manufacturing sector

"We will arrange for concession on electricity tariff by reviewing power demand fee so as to enhance competitiveness of the manufacturing industry. Industrialist can mortgage their structure built in special economic zone, leased land or industrial estate," said the Finance Minister in his budget speech.

Economy projected to grow by 7 per cent

While presenting the annual budget for fiscal year of 2026/027 at the joint meeting of the federal parliament- the House of Representatives and the National Assembly today, Finance Minister Dr. Swarnim Wagle said that the economy is expected to grow by 7 per cent with the implementation of the budget.

Budget 2026/027: Total Rs. 2124.34 billion

Govt increases salary by 10%

Mango processing center in Siraha and Saptari

World

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US and Iranian negotiators reach tentative deal to extend ceasefire and start new nuclear talks

The emerging memorandum of understanding came as the fragile ceasefire in the war between the U.S. and Iran appeared to be wavering. The latest flare-up in fighting happened less than a day earlier, when Kuwait intercepted missiles fired from Iran, according to U.S. Central Command.

UK risks 'lost generation' as unemployment rises

Israeli strikes kill 14 in Lebanon

No feasts, no joy: Gazans mark dark Eid-al-Adha

Business

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Concession on electricity tariff to promote manufacturing sector

"We will arrange for concession on electricity tariff by reviewing power demand fee so as to enhance competitiveness of the manufacturing industry. Industrialist can mortgage their structure built in special economic zone, leased land or industrial estate," said the Finance Minister in his budget speech.

Budget 2026/27: Govt to run Pokhara and Gautam Buddha Int'l Airports in partnership with private sector

Kathmandu, May 29: The government has forwarded a plan to run two regional international airports- Pokhara and the Gautam Buddha- in partnership with the private sector.In the budget announcement for the fiscal year, 2083/84 in joint meeting of the federal parliaments on Friday, Finance Minister Dr Swarnim Wagle said the both the regional international airports- Pokhara and of Gautam Buddha- would be run in full capacity by forging partnership with private sector.For the upgrading of the Tribhuvan International Airport, government has allocated Rs 1.53 billion. A modality of the Nijgadh International Airport would be prepared within six months, while night flight would be conducted at Bharatpur Airport after its expansion.The list of airports for upgrading is- Surkhet, Talcha and Tarigaon. Janakpur city would be branded as a 'wedding destination' and the route for circumambulation of Ramajanaki would be upgraded. Broader infrastructures development would be forwarded in the historic and archaeological sites like Tilaurakot, Devdaha, Kapilvastu and Ramgram. For it, Rs 83 million has been allocated.Minister Dr Wagle further informed that government would advance process to enlist Tilaurakot of Kapilvastu, Janakpurdham of Dhanusha and Gokarneshwor of Kathmandu in the World Heritage Site.The Minister further stated that a special project would be launched for the conservation of historical Buddhist monasteries of over 200-years old located in hilly and mountainous districts like Mustang and Manang.A province tourism corridor 'danfe route' will be enforced by incorporating Khaptad, Badimalika, Rara and Swargadwari areas. The unnamed peaks of over 6,000 metres would be named and new trekking routes developed in the upper hilly region. As per budget speech, the Indigenous Nationalities' Museum of Kirtipur would be expanded; new homestays run in Dalit settlements of Madhes, Karnali and Sudurpaschim Provinces in order to promote original skills and arts of Dalit people.The government is running high altitude sickness service, and has aimed at linking Ayurved and Yog to health tourism. The Ministry of Culture, Tourism and Civil Aviation has been allocated Rs 10.27 billion. (RSS)

Economy projected to grow by 7 per cent

While presenting the annual budget for fiscal year of 2026/027 at the joint meeting of the federal parliament- the House of Representatives and the National Assembly today, Finance Minister Dr. Swarnim Wagle said that the economy is expected to grow by 7 per cent with the implementation of the budget.

Access of international market for electricity trade for private sector

The government has announced that there will be provision for access of international market for trading electricity for private sector.

Sports

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Can Germany avoid another early World Cup exit in Group E ?

Four-time World Cup champion Germany and newcomer Curacao sit at opposite ends of the global soccer spectrum. In June

Bengaluru roar into IPL final

Interview

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Kalinga LitFest provides int'l forum for Nepali authors: Niraula

Kathmandu is hosting the fourth edition of the Kathmandu Kalinga Literary Festival 2026, scheduled for June 6 and 7, at Hotel Himalya in Lalitpur. Talking to The Rising Nepal, Festival director Ranjana Niraula said th

Comedy must evolve beyond body-shaming humour: Prabhat Lama

Prabhat Lama, a renowned stand-up comedian who is a permanent resident of Mahottari district, spent more than 10 years in radio programmes, struggling to be an artist. After arriving in Kathmandu, he joined Radio-Audio, the first comedy-the

Society

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Government aims to implement 'Arsenic-Free Tarai Campaign'

Presenting the government's estimation of income and expenditure for the fiscal year 2083-84 BS (2026-27) before the Federal Parliament today, Finance Minister Dr Swarnim Wagle announced that from the upcoming fiscal, 'arsenic-free Tarai campaign' will be launched.